Global Industrial Tubes Market is valued approximately USD 456.2 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 5.6 % over the forecast period 2018-2025. The Industrial Tubes Market is continuously growing across the world over the coming years. The main factors responsible for stimulating the growth are the rising demand of these tubes across various end-user industries. Further increasing demand of energy and thus the production activities is boosting the market growth in forecast years. For instance, according to International Energy Agency, 2018, energy demand is expected to grow by 25% in 2040 that would initiate the production and hence the demand of industrial pipes would increase in upcoming years. However, strict government regulations for set-up of new industries in various countries and volatility in raw material prices may hinder the market growth during the forecast period.
The regional analysis of global industrial tubes market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rapidly growing energy sector. Europe also contributes a satisfactory growth in the global industrial tubes market due to growth observed in end-user industries. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to increasing energy consumption in developing countries such as India China and Japan.
The major market player included in this report are:
• Tata Steel
• Nippon Steel & Sumitomo Metal Corporation
• Vallourec S.A.
• Tenaris
• Sandvik AB
• United States Steel Corporation
• Tubacex
• Benteler
• AK Tube LLC
• Aperam
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Structural Tubes
Heat Exchanger Tubes
Process Pipes
Hydraulic & Instrumentation Tubes
Mechanical Tubes
Others
By Materials:
Carbon Steel
Stainless Steel
Alloy Steel
Non-Steel
Brass
By Manufacturing Methods:
Welded
Seamless
By End-User Industry:
Construction Industry
Oil & Gas and Petrochemical Industry
Automotive Industry
Chemical
Mechanical & Engineering Industry
Others
By Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Industrial Tubes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Summary:
Get latest Market Research Reports on Industrial Tubes . Industry analysis & Market Report on Industrial Tubes is a syndicated market report, published as Global Industrial Tubes Market Size study, by Type (Structural Tubes, Heat Exchanger Tubes, Process Pipes, Hydraulic & Instrumentation Tubes, Mechanical Tubes, Others), by Materials (Carbon Steel, Stainless Steel, Alloy Steel, Non-Steel and Brass), by Manufacturing Methods (Welded and Seamless), by End-User and Regional Forecasts 2018-2025. It is complete Research Study and Industry Analysis of Industrial Tubes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.