Global Stainless Tube Market Insights and Forecast to 2027

The Stainless Tubes are made of stainless steel round steel, plate (flat plate or coiled plate), hollow long strip steel products processed by special process, steel with open ends and hollow section, and its length and section circumference are relatively large. It includes various shapes such as a circular tube, a square tube, an elliptical tube, and a triangular tube. Because the stainless steel pipe has a hollow section, it has the excellent performance characteristics of stainless steel and low maintenance cost. It is suitable as a conveying pipe for liquids, gases, etc. Stainless Tubes are one of the important products in the steel industry and is extremely used widely in the national economy.
At present, global Stainless Tubes industry shows a very low concentration. Among the manufacturers, ThyssenKrupp, Tenaris, Pohang Iron & Steel (POSCO), Baosteel and Centravis are the top five largest manufacturers around the globe and about 7.99% of the total products are produced by these five companies in 2019.
In terms of geography, China dominates the global Stainless Tubes market followed by Europe and North America. China was the largest production market of Stainless Tubes, and accounted for 45.09% of market share in 2019.

Market Analysis and Insights: Global Stainless Tube Market
The global Stainless Tube market is valued at US$ 33700 million in 2019. The market size will reach US$ 43500 million by the end of 2026, growing at a CAGR of 4.6% during 2021-2026.

Global Stainless Tube Scope and Segment
Stainless Tube market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Stainless Tube market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Welded
Seamless

Segment by Application
Oil and Gas
Food Industry
Automotive
Power Industry
Chemical Industry
Construction
Water Treatment

By Company
ThyssenKrupp
Tenaris
Pohang Iron & Steel (POSCO)
Baosteel
Centravis
Tubacex
ArcelorMittal
Nippon Steel & Sumitomo Metal (NSSMC)
Outokumpu
Tianjin Pipe (Group) Corporation
Zhejiang JIULI Hi-tech Metals
TISCO
Sandvik
Tata Steel
Butting
Tsingshan
JFE
AK Steel

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE