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Report
Steel Tubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 143 Pages I IMARC Group
The global steel tubes market size reached US$ 81.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 88.6 Billion by 2028, exhibiting a growth rate (CAGR) of 1.4% during 2023-2028.
Steel tubes are tough, strong and durable metal tubes and are available in different shapes, including square, rectangular and round. The production process of these structures incorporates alloys of iron with various other elements such as carbon, tungsten, manganese, aluminum and titanium. Depending on their manufacturing process, there are two major types of steel tubes, namely, seamless and welded. Steel tubes have a higher manufacturing tolerance, which helps in improving their manufacturability and quality. Owing to their versatility, they are used in a range of industries including oil & gas, petrochemicals, infrastructure and construction, automotive, water treatment, etc.
Over the past few years, steel tubes have gained immense popularity in the oil and gas industry for transporting fluids and in the form of conveyor belt rollers, bearing casings, and casings for concrete pilings. Also, with a boom in shale gas drilling, steel tubing is being used for carrying chromium, which has led to a rise in their production. Apart from this, they are also used in heating, ventilation, and air conditioning (HVAC) and refrigeration equipments in the mechanical structure of heat exchangers, compressors and boiler pipelines. Moreover, there has been a rise in the demand for steel tubes in the automobile sector as they are reliable and possess optimal strength and corrosion resistance properties. These tubes also offer high energy absorption capacity, construction safety and resistance against collision shocks. These properties, in turn, have led to a boost in the overall consumption of steel tubes across the globe.
IMARC Group's latest report provides a deep insight into the global steel tubes market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the steel tubes market in any manner.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global steel tubes market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, material type and end use industry.
Breakup by Product Type:
Seamless Steel Tubes
Welded Steel Tubes
Breakup by Material Type:
Carbon Steel
Stainless Steel
Alloy Steel
Others
Breakup by End Use Industry:
Oil and Gas
Petrochemicals
Infrastructure and Construction
Automotive
Water Treatment and Sewage
Others
Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Key Questions Answered in This Report
1. What was the size of the global steel tubes market in 2022?
2. What is the expected growth rate of the global steel tubes market during 2023-2028?
3. What are the key factors driving the global steel tubes market?
4. What has been the impact of COVID-19 on the global steel tubes market?
5. What is the breakup of the global steel tubes market based on the product type?
6. What is the breakup of the global steel tubes market based on the material type?
7. What is the breakup of the global steel tubes market based on the end use industry?
8. What are the key regions in the global steel tubes market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Steel Tubes Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Material Type
5.6 Market Breakup by End Use Industry
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Product Type
6.1 Seamless Steel Tubes
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Welded Steel Tubes
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Material Type
7.1 Carbon Steel
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Stainless Steel
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Alloy Steel
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Oil and Gas
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Petrochemicals
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Infrastructure and Construction
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Automotive
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Water Treatment and Sewage
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 North America
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
13.1 Key Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
Figure 1: Global: Steel Tubes Market: Major Drivers and Challenges
Figure 2: Global: Steel Tubes Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Steel Tubes Market: Breakup by Product Type (in %), 2022
Figure 4: Global: Steel Tubes Market: Breakup by Material Type (in %), 2022
Figure 5: Global: Steel Tubes Market: Breakup by End Use Industry (in %), 2022
Figure 6: Global: Steel Tubes Market: Breakup by Region (in %), 2022
Figure 7: Global: Steel Tubes Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 8: Global: Steel Tubes Industry: SWOT Analysis
Figure 9: Global: Steel Tubes Industry: Value Chain Analysis
Figure 10: Global: Steel Tubes Industry: Porter's Five Forces Analysis
Figure 11: Global: Steel Tubes (Seamless Steel Tubes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Steel Tubes (Seamless Steel Tubes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Steel Tubes (Welded Steel Tubes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Steel Tubes (Welded Steel Tubes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Steel Tubes (Carbon Steel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Steel Tubes (Carbon Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Steel Tubes (Stainless Steel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Steel Tubes (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Steel Tubes (Alloy Steel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Steel Tubes (Alloy Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Steel Tubes (Other Material Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Steel Tubes (Other Material Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Steel Tubes (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Steel Tubes (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Steel Tubes (Petrochemicals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Steel Tubes (Petrochemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Steel Tubes (Infrastructure and Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Steel Tubes (Infrastructure and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Steel Tubes (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Steel Tubes (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Steel Tubes (Water Treatment and Sewage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Steel Tubes (Water Treatment and Sewage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Steel Tubes (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Steel Tubes (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia Pacific: Steel Tubes Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia Pacific: Steel Tubes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Europe: Steel Tubes Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Europe: Steel Tubes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Steel Tubes Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Steel Tubes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Middle East and Africa: Steel Tubes Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Middle East and Africa: Steel Tubes Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Latin America: Steel Tubes Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Latin America: Steel Tubes Market Forecast: Sales Value (in Million US$), 2023-2028
Table 1: Global: Steel Tubes Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Steel Tubes Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Steel Tubes Market Forecast: Breakup by Material Type (in Million US$), 2023-2028
Table 4: Global: Steel Tubes Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Steel Tubes Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Steel Tubes Market: Competitive Structure
Table 7: Global: Steel Tubes Market: Key Players
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