The global Stainless Steel Welded Tube market was valued at US$ 20230 million in 2019 and it is expected to reach US$ 28760 million by the end of 2026, growing at a CAGR of 5.1% during 2021-2026.
Stainless Steel Welded Tube is manufactured with a strip of stainless steel that is roll formed into a tube and then welded, cut and polished into the finished specified product. Today, weld seams are reworked to provide a homogeneous tube wall. Compared to seamless, welded tube considerably less expensive.
Marcegaglia was the global greatest company in Stainless Steel Welded Tube industry, with the revenue market Share of 6.5% in 2018, followed by Fischer Group, ThyssenKrupp, Baosteel, ArcelorMittal, Yeun Chyang Industrial, Butting, Froch, Arvedi, Zhejiang JIULI Hi-tech Metals, Outokumpu, RathGibson (PCC), Tenaris, Siderinox, Ratnamani Metals & Tubes, Winner Stainless, Heavy Metal & Tubes.
Global Stainless Steel Welded Tube Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Stainless Steel Welded Tube Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Marcegaglia, Fischer Group, ThyssenKrupp, Baosteel, ArcelorMittal, Yeun Chyang Industrial, Butting, Froch, Arvedi, Zhejiang JIULI Hi-tech Metals, Outokumpu, RathGibson (PCC), Tenaris, Siderinox, Ratnamani Metals & Tubes, Winner Stainless, Heavy Metal & Tubes and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Round Tubing
- Square Tubing
- Rectangular Tubing
Round Tubing had the biggest market share of 64% in 2018.
Segment by Application
- Oil and Gas
- Food Industry
- Chemical Industry
- Water Treatment
Construction is the greatest segment of Stainless Steel Welded Tube application, with a share of 19% in 2018.
Table of Content:
1 Stainless Steel Welded Tube Market Overview
2 Stainless Steel Welded Tube Market Competition by Manufacturers
3 Stainless Steel Welded Tube Retrospective Market Scenario by Region
4 Global Stainless Steel Welded Tube Historic Market Analysis by Type
5 Global Stainless Steel Welded Tube Historic Market Analysis by Application
6 Key Companies Profiled
7 Stainless Steel Welded Tube Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Stainless Steel Welded Tube Market Dynamics
10 Global Stainless Steel Welded Tube Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta