Global Industrial Tubes Market to Reach $1 Trillion by 2030
The global market for Industrial Tubes estimated at US$554.7 Billion in the year 2022, is projected to reach a revised size of US$1 Trillion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030. Steel, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$684.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Steel segment is readjusted to a revised 6.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $151.1 Billion, While China is Forecast to Grow at 12.4% CAGR
The Industrial Tubes market in the U.S. is estimated at US$151.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$237.9 Billion by the year 2030 trailing a CAGR of 12.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 6.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.Select Competitors (Total 36 Featured) -
- Acciai Speciali Terni S.P.A.
- Divine Tubes Pvt. Ltd
- Eisenbau Krämer Gmbh
- Halcor
- Heavy Metals & Tubes Ltd.
- Hutmen S.A.
- Jindal Saw Ltd.
- KME Germany Gmbh & Co Kg
- Macsteel
- Ratnamani Metal & Tubes Ltd.
- Sanghvi Overseas
- SSP Corporation
- TMK
- Tubos Apolo
- Wieland
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acciai Speciali Terni S.P.A.
- Divine Tubes Pvt. Ltd
- Eisenbau Krämer Gmbh
- Halcor
- Heavy Metals & Tubes Ltd.
- Hutmen S.A.
- Jindal Saw Ltd.
- KME Germany Gmbh & Co Kg
- Macsteel
- Ratnamani Metal & Tubes Ltd.
- Sanghvi Overseas
- SSP Corporation
- TMK
- Tubos Apolo
- Wieland
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 554.7 Billion |
Forecasted Market Value ( USD | $ 1000 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |