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Global Industrial Tubes Market to reach USD 632.6 billion by 2028

Global Industrial Tubes Market Size study, by Type (Process Pipes, Mechanical, Heat Exchanger, Structural), by Material (Steel, Non-steel), by Manufacturing (Seamless, Welded), by End-use (Oil & Gas and Petrochemical, Automotive, Chemical) and Regional Forecasts 2022-2028

Product Code: OIRIGS-59813713
Publish Date: 30-04-2022
Page: 200

Global Industrial Tubes Market is valued at approximately USD 534.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.8 % over the forecast period 2022-2028. Industrial Tubes are used in process utilities for applications such as pipe tracing and coiled tubing systems. It is used to reduce leakage concerns. These tubes are used in oil and gas, automotive and chemical industries. The rising oil and gas production has led to the adoption of Industrial Tubes across the forecast period. For Instance: according to the Organization of the Petroleum Exporting Countries in 2018, oil and gas production is increasing rapidly in countries including Algeria, Angola, Congo, Ecuador, and Nigeria. OPEC shares 1,189.80 billion barrels of crude oil reserves that is 79 % of the worldwide production. As per the same source the non-OPEC countries share about 20 % of the crude oil reserves that is about 308.18 billion barrels. Also, with the increasing investment in the petrochemical chemistry industry, the adoption & demand for Industrial Tubes is likely to increase the market growth during the forecast period. However, high manufacturing cost impedes the growth of the market over the forecast period of 2022-2028.

The geographical regions considered for the Global Industrial Tubes Market analysis include Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is considered as the significant region across the globe in terms of huge market share due to the increasing petrochemical and chemical industry, rising consumption of chemical products. Whereas Asia-Pacific is also estimated to attain a maximum growth rate during 2022-2028. Factors such as rising disposable income, increasing investment in petrochemical and chemistry industries would create beneficial growth forecasts for the Industrial Tubes market across Asia-Pacific region.

Major market players included in this report are:
Nippon Steel
AK Tube LLC.Vallourec S.A. (France)
Sandvik AB (Sweden)
Tenaris (Luxembourg)
Tata Steel (India)
TUBACEX
US Steel
Benteler
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:
Process Pipes
Mechanical
Heat Exchanger
Structural
By Material:
Steel
Non-Steel
By Manufacturing:
Seamless
Welded
By End-Use:
Oil & Gas and Petrochemical
Automotive
Chemical

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Industrial Tubes Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Industrial Tubes Market, by Type, 2020-2028 (USD Billion)
1.2.3. Global Industrial Tubes Market, by Material, 2020-2028 (USD Billion)
1.2.4. Global Industrial Tubes Market, by Manufacturing, 2020-2028 (USD Billion)
1.2.5. Global Industrial Tubes Market, by End-Use, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial Tubes Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial Tubes Market Dynamics
3.1. Industrial Tubes Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising oil and gas production
3.1.1.2. Increasing consumption of the chemical products
3.1.2. Market Challenges
3.1.2.1. Lack of skilled Professionals
3.1.3. Market Opportunities
3.1.3.1. Increasing investment in the petrochemical chemistry industry
Chapter 4. Global Industrial Tubes Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
5.1. Global Industrial Tubes Market, by Type Market Snapshot
5.2. Global Industrial Tubes Market by Type, Performance – Potential Analysis
5.3. Global Industrial Tubes Market Estimates & Forecasts by Type, 2019-2028 (USD Billion)
5.4. Industrial Tubes Market, Sub Segment Analysis
5.4.1. Process Pipes
5.4.2. Mechanical
5.4.3. Heat Exchanger
5.4.4. Structural
Chapter 6. Global Industrial Tubes Market, by Material
6.1. Market Snapshot
6.2. Global Industrial Tubes Market by Material, Performance – Potential Analysis
6.3. Global Industrial Tubes Market Estimates & Forecasts by Material, 2019-2028 (USD Billion)
6.4. Industrial Tubes Market, Sub Segment Analysis
6.4.1. Steel
6.4.2. Non-Steel
Chapter 7. Global Industrial Tubes Market, by Manufacturing
7.1. Market Snapshot
7.2. Global Industrial Tubes Market by Manufacturing, Performance – Potential Analysis
7.3. Global Industrial Tubes Market Estimates & Forecasts by Manufacturing, 2019-2028 (USD Billion)
7.4. Industrial Tubes Market, Sub Segment Analysis
7.4.1. Seamless
7.4.2. Welded
Chapter 8. Global Industrial Tubes Market, by End-Use
8.1. Market Snapshot
8.2. Global Industrial Tubes Market by End-use, Performance – Potential Analysis
8.3. Global Industrial Tubes Market Estimates & Forecasts by End-use, 2019-2028 (USD Billion)
8.4. Industrial Tubes Market, Sub Segment Analysis
8.4.1. Oil & Gas and Petrochemical
8.4.2. Automotive
8.4.3. Chemical

Chapter 9. Global Industrial Tubes Market, Regional Analysis
9.1. Industrial Tubes Market, Regional Market Snapshot
9.2. North America Industrial Tubes Market
9.2.1. U.S. Industrial Tubes Market
9.2.1.1. Type breakdown estimates & forecasts, 2019-2028
9.2.1.2. Material breakdown estimates & forecasts, 2019-2028
9.2.1.3. Manufacturing breakdown estimates & forecasts, 2019-2028
9.2.1.4. End-use breakdown estimates & forecasts, 2019-2028
9.2.2. Canada Industrial Tubes Market
9.3. Europe Industrial Tubes Market Snapshot
9.3.1. U.K. Industrial Tubes Market
9.3.2. Germany Industrial Tubes Market
9.3.3. France Industrial Tubes Market
9.3.4. Spain Industrial Tubes Market
9.3.5. Italy Industrial Tubes Market
9.3.6. Rest of Europe Industrial Tubes Market
9.4. Asia-Pacific Industrial Tubes Market Snapshot
9.4.1. China Industrial Tubes Market
9.4.2. India Industrial Tubes Market
9.4.3. Japan Industrial Tubes Market
9.4.4. Australia Industrial Tubes Market
9.4.5. South Korea Industrial Tubes Market
9.4.6. Rest of Asia Pacific Industrial Tubes Market
9.5. Latin America Industrial Tubes Market Snapshot
9.5.1. Brazil Industrial Tubes Market
9.5.2. Mexico Industrial Tubes Market
9.6. Rest of The World Industrial Tubes Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Nippon Steel
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. AK Tube LLC.
10.2.3. Vallourec S.A. (France)
10.2.4. Sandvik AB (Sweden)
10.2.5. Tenaris (Luxembourg)
10.2.6. Tata Steel (India)
10.2.7. TUBACEX
10.2.8. US Steel
10.2.9. Benteler
10.2.10. Aperam
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Market Size Estimation:
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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