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Industrial Tubes Market: By Industrial Tube Type, By Material, By Manufacturing, By End Users and Geography
Industrial Tubes Market: By Industrial Tube Type, By Material, By Manufacturing, By End Users and Geography
Industrial Tubes Market size was valued at US$ 586.6 Bn in 2022, growing at a CAGR of 5.2% From 2023-2029. The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of industrial tube type, by material, by manufacturing unit, by end user, and regions. This report studies global market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the regions and market unmet needs (Product Opportunities). Key stakeholders of the global industrial tubes market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in market activities. This report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions. Global industrial tubes market is consolidating as large players complementing each others businesses by means of collaborations, agreements and acquisitions.
Study Period
2024-2030Base Year
2023CAGR
5.2%Largest Market
Asia PacificFastest Growing Market
North America
Based on material the global industrial tubes market is segmented into steel and non-steel. Steel is expected to dominate the market because of its high durability, high strength, excellent chemical and corrosion resistance, and many properties due to which it has a high consumption rate. It is widely used in the manufacturing of industrial tubes which has a wide application in the oil & gas and petrochemical, energy & power, oil, automotive, and many other industries. The steel segment is expected to account for the highest growth rate during the forecast period due to the rapidly growing end-use industries in emerging countries such as China and India. Development and launch of innovative industrial tubes by the market players enables surge in the industrial tubes market demand over the forecast years. For instance, in 2018, Tata Steel launched two products namely Tata Aggreto and Tata Nirman which has a wide applications in road, fly ash brick and clinker making. Moreover, launch of newer products in various countries enables the growth of industrial tubes market over the forecast years.
Asia Pacific accounted for major revenue share due to increased consumption of the chemical products. China and India has the highest populations among Asia Pacific. There is increased expansion of capacity in the petrochemical and chemical industry among the countries such as China and India due to increased consumption of the chemical products. North America growth is followed by Asia Pacific due to the economic growth. The growth in the construction industry will have a favorable impact on the growth of the North America industrial tubes market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market CAGR |
5.2% |
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By Industrial Tube |
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By Material |
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By Manufacturing |
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By End Users |
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The Industrial Tubes Market growing at a CAGR of 5.2% over the forecast period
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1.Executive Summary |
| 2.Global Industrial Tubes Market Introduction |
| 2.1.Global Industrial Tubes Market - Taxonomy |
| 2.2.Global Industrial Tubes Market - Definitions |
| 2.2.1.Industrial Tube Type |
| 2.2.2.Material |
| 2.2.3.Manufacturing |
| 2.2.4.End Users |
| 2.2.5.Region |
| 3.Global Industrial Tubes Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Industrial Tubes Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Industrial Tubes Market By Industrial Tube Type , 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Process Pipes |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Mechanical |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Heat Exchanger, |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Structural |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Industrial Tubes Market By Material, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Steel and Non Steel |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 7.Global Industrial Tubes Market By Manufacturing, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Seamless and Welded |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 8.Global Industrial Tubes Market By End Users, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Oil and Gas and Petrochemical |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Automotive and Chemical |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 9.Global Industrial Tubes Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Industrial Tubes Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Industrial Tube Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Process Pipes |
| 10.1.2.Mechanical |
| 10.1.3.Heat Exchanger, |
| 10.1.4.Structural |
| 10.2. Material Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Steel and Non Steel |
| 10.3. Manufacturing Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Seamless and Welded |
| 10.4. End Users Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Oil and Gas and Petrochemical |
| 10.4.2.Automotive and Chemical |
| 10.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Industrial Tubes Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Industrial Tube Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Process Pipes |
| 11.1.2.Mechanical |
| 11.1.3.Heat Exchanger, |
| 11.1.4.Structural |
| 11.2. Material Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Steel and Non Steel |
| 11.3. Manufacturing Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Seamless and Welded |
| 11.4. End Users Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Oil and Gas and Petrochemical |
| 11.4.2.Automotive and Chemical |
| 11.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 12.Asia Pacific (APAC) Industrial Tubes Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Industrial Tube Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Process Pipes |
| 12.1.2.Mechanical |
| 12.1.3.Heat Exchanger, |
| 12.1.4.Structural |
| 12.2. Material Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Steel and Non Steel |
| 12.3. Manufacturing Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Seamless and Welded |
| 12.4. End Users Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Oil and Gas and Petrochemical |
| 12.4.2.Automotive and Chemical |
| 12.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Industrial Tubes Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Industrial Tube Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Process Pipes |
| 13.1.2.Mechanical |
| 13.1.3.Heat Exchanger, |
| 13.1.4.Structural |
| 13.2. Material Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Steel and Non Steel |
| 13.3. Manufacturing Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Seamless and Welded |
| 13.4. End Users Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Oil and Gas and Petrochemical |
| 13.4.2.Automotive and Chemical |
| 13.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Industrial Tubes Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 14.1. Industrial Tube Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Process Pipes |
| 14.1.2.Mechanical |
| 14.1.3.Heat Exchanger, |
| 14.1.4.Structural |
| 14.2. Material Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Steel and Non Steel |
| 14.3. Manufacturing Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Seamless and Welded |
| 14.4. End Users Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Oil and Gas and Petrochemical |
| 14.4.2.Automotive and Chemical |
| 14.5. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.Acciai Speciali Terni S.P.A. by Arvedi Group |
| 15.2.2.Divine Tubes Pvt. Ltd. |
| 15.2.3.Eisenbau Krämer GmBH |
| 15.2.4.Halcor |
| 15.2.5.Heavy Metals & Tubes Ltd. |
| 15.2.6.Hutmen S.A. |
| 15.2.7.Jindal Saw Ltd. |
| 15.2.8.Kme Germany Gmbh & Co Kg |
| 15.2.9.Macsteel |
| 15.2.10.Nippon Steel & Sumitomo Metal Corporation |
| 15.2.11.Ratnamani Metal & Tubes Ltd. |
| 15.2.12.Sandvik AB |
| 15.2.13.SSP Corporation |
| 15.2.14.Tata Steel |
| 15.2.15.Tenaris |
| 15.2.16.TMK |
| 15.2.17.Wieland |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.