Stainless Steel Pipe Market By Application (Oil And Gas, Automotive, Food Industry, Power Industry, Chemical Industry, Civil Construction, Others), By Product (Welded Pipes, Seamless Pipes) - Industry Size, Growth, Share And Forecast To 2026
Stainless steel pipes market refers to the market of welded and seamless pipes that offer high corrosion resistance and superior physical and mechanical properties. These characteristics of stainless steel have made an ideal choice for piping solutions. The global market for stainless steel is expected to witness substantial growth growing with a CAGR of approximately 7% over the forecast period of 2019-2026. Growing demand from the energy and automotive sector, increased infrastructural investment globally coupled with growth in the hydropower plants and desalination projects act as primary driver for the growth of the market.
The report on the global stainless-steel pipes market covers segmentation analysis of application and products. Based on the product the global market for stainless steel pipes has been sub segmented into welded and seamless pipes. The seamless pipes segment is expected to dominate the market on the account of high demand for seamless pipes to carry fluids to large distance at the same time ensure safety from contamination from number of industries including chemical, construction and others. Based on application the global market of stainless steel pipes has been sub-segmented into oil and gas, automotive, food industry, power, chemical, civil construction and others. Oil and gas, automotive sector is among the leading segments in the global market. Growing demand of oil and natural gas has led to the development of new supply chains and growth in the automobile production has positively augmented the demand for stainless steel pipes. Furthermore, civil construction is expected to be the most lucrative segment driven by high growth in construction industry globally. Global construction market is anticipated to grow by 3.9% per annum till 2030, as per Oxford Economics study. Growth in the civil construction is expected to drive the demand for stainless steel pipes.
Geographically, Asia pacific is expected to account for the largest market share in terms of revenue for the stainless-steel pipes market followed by Europe and North America 2017. The Asia pacific market is primarily driven by high investments in the construction sector, established automotive sector and growing demand from the energy sector. The Automobile sector is one of the core sectors of the Asian economy. China, Japan, India and South Korea in total account for approximately 50% of the passenger car and commercial vehicles production in 2018 as per International Organization of Motor Vehicle Manufacturers (OICA). Strong demand for piping solution from the automotive industry is likely to aid growth in APAC market.
The global stainless-steel pipes market is highly fragmented market with the presence of some global players and a number of regional players. The key players in the market are ThyssenKrupp (Germany), Pohang Iron & Steel (POSCO, South Korea), Baosteel (China), Tianjin Pipe Corp. (China) and others. Merger and acquisition is the key strategy adopted by the major players in the market. For instance; in 2018 Tata Steel (India) acquired Bhusan Steel, the combined synergy of both the steel makers is expected to provide a major boost to the former’s steel pipe market.
1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Stainless Steel Pipe Market
2.1.1. Global Stainless Steel Pipe Market, by Application, 2018 (US$ Mn)
2.1.2. Global Stainless Steel Pipe Market, by Product, 2018 (US$ Mn)
2.1.3. Global Stainless Steel Pipe Market, by Geography, 2018 (US$ Mn)
3. Market Dynamics
3.1. Introduction
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Growing demand from automotive industry
3.2.1.2. Growing focus on safe drinking water
3.2.1.3. Increasing Infrastructural Investments
3.2.2. Market Restraints
3.2.2.1. Availability of number of Substitutes
3.2.3. Market Opportunities
3.2.3.1. High Growth in the energy sector
3.2.3.2. Growing number of Hydro and desalination projects
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market share of Key Players, 2018
3.5. Top five findings and strategic analysis
4. Global Stainless Steel Pipe Market, by Application
4.1. Overview
4.1.1. Global Stainless Steel Pipe Market Value Share, by Application, 2018 & 2026 (Value, %)
4.1.2. Global Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
4.2. Oil and Gas
4.2.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
4.2.2. Global Stainless Steel Pipe Market for Oil and Gas, 2019-2026 (US$ Mn)
4.2.3. Global Stainless Steel Pipe Market for Oil and Gas, by Region 2019-2026 (US$ Mn)
4.3. Automotive
4.3.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
4.3.2. Global Stainless Steel Pipe Market for Automotive, 2019-2026 (US$ Mn)
4.3.3. Global Stainless Steel Pipe Market for Automotive, by Region 2019-2026 (US$ Mn)
4.4. Food Industry
4.4.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
4.4.2. Global Stainless Steel Pipe Market for Food Industry, 2019-2026 (US$ Mn)
4.4.3. Global Stainless Steel Pipe Market for Food Industry, by Region 2019-2026 (US$ Mn)
4.5. Power Industry
4.5.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
4.5.2. Global Stainless Steel Pipe Market for Power Industry, 2019-2026 (US$ Mn)
4.5.3. Global Stainless Steel Pipe Market for Power Industry, by Region 2019-2026 (US$ Mn)
4.6. Chemical Industry
4.6.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
4.6.2. Global Stainless Steel Pipe Market for Chemical Industry, 2019-2026 (US$ Mn)
4.6.3. Global Stainless Steel Pipe Market for Chemical Industry, by Region 2019-2026 (US$ Mn)
4.7. Civil Construction
4.7.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
4.7.2. Global Stainless Steel Pipe Market for Civil Construction, 2019-2026 (US$ Mn)
4.7.3. Global Stainless Steel Pipe Market for Civil Construction, by Region 2019-2026 (US$ Mn)
4.8. Others
4.8.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
4.8.2. Global Stainless Steel Pipe Market for Others, 2019-2026 (US$ Mn)
4.8.3. Global Stainless Steel Pipe Market for Others, by Region 2019-2026 (US$ Mn)
5. Global Stainless Steel Pipe Market, by Product
5.1. Overview
5.1.1. Global Stainless Steel Pipe Market Value Share, by Product, 2018 & 2026 (Value, %)
5.1.2. Global Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
5.2. Welded Pipes
5.2.1. Global Stainless Steel Pipe Market for Welded Pipes, 2019-2026 (US$ Mn)
5.2.2. Global Stainless Steel Pipe Market for Welded Pipes, by Region 2019-2026 (US$ Mn)
5.3. Seamless Pipes
5.3.1. Market Determinants (Drivers, Restraints, Challenges & Opportunity)
5.3.2. Global Stainless Steel Pipe Market for Seamless Pipes, 2019-2026 (US$ Mn)
5.3.3. Global Stainless Steel Pipe Market for Seamless Pipes , by Region 2019-2026 (US$ Mn)
6. North America Stainless Steel Pipe Market Analysis
6.1. Overview
6.1.1. North America Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
6.1.2. North America Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
6.1.3. North America Stainless Steel Pipe Market, by Country, 2019-2026 (US$ Mn)
6.1.3.1. United States
6.1.3.1.1. United States Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
6.1.3.2. Canada
6.1.3.2.1. Canada Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
7. Europe Stainless Steel Pipe Market Analysis
7.1. Overview
7.1.1. Europe Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
7.1.2. Europe Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
7.1.3. Europe Stainless Steel Pipe Market, by Country/Region, 2019-2026 (US$ Mn)
7.1.3.1. UK
7.1.3.1.1. UK Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
7.1.3.2. Germany
7.1.3.2.1. Germany Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
7.1.3.3. France
7.1.3.3.1. France Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
7.1.3.4. Rest of Europe
7.1.3.4.1. Rest of Europe Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
8. Asia Pacific Stainless Steel Pipe Market Analysis
8.1. Overview
8.1.1. Asia Pacific Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
8.1.2. Asia Pacific Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
8.1.3. Asia Pacific Stainless Steel Pipe Market, by Country/Region, 2019-2026 (US$ Mn)
8.1.3.1. China
8.1.3.1.1. China Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
8.1.3.2. India
8.1.3.2.1. India Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
8.1.3.3. Japan
8.1.3.3.1. Japan Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
8.1.3.4. Rest of Asia Pacific
8.1.3.4.1. Rest of Asia Pacific Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
9. Rest of the World Stainless Steel Pipe Market Analysis
9.1. Overview
9.1.1. Rest of the World Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
9.1.2. Rest of the World Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
9.1.3. Rest of the World Stainless Steel Pipe Market, by Country/Region, 2019 – 2026 (US$ Mn)
9.1.3.1. Latin America
9.1.3.1.1. Latin America Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
9.1.3.2. MENA
9.1.3.2.1. MENA Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
10. Company Profiles
10.1. ThyssenKrupp (Germany)
10.1.1. Company Overview
10.1.2. Product Portfolio
10.1.3. Key Strategies
10.1.4. Key Conclusion
10.2. Pohang Iron & Steel (POSCO, South Korea)
10.2.1. Company Overview
10.2.2. Product Portfolio
10.2.3. Key Strategies
10.2.4. Key Conclusion
10.3. Baosteel (China)
10.3.1. Company Overview
10.3.2. Product Portfolio
10.3.3. Key Strategies
10.3.4. Key Conclusion
10.4. Tianjin Pipe Corp. (China)
10.4.1. Company Overview
10.4.2. Product Portfolio
10.4.3. Key Strategies
10.4.4. Key Conclusion
10.5. CENTRAVIS (Switzerland)
10.5.1. Company Overview
10.5.2. Product Portfolio
10.5.3. Key Strategies
10.5.4. Key Conclusion
10.6. Zhejiang JIULI Hi-tech Metals (China)
10.6.1. Company Overview
10.6.2. Product Portfolio
10.6.3. Key Strategies
10.6.4. Key Conclusion
10.7. Tata Steel (India)
10.7.1. Company Overview
10.7.2. Product Portfolio
10.7.3. Key Strategies
10.7.4. Key Conclusion
10.8. Arcelor Mittal (Luxemberg)
10.8.1. Company Overview
10.8.2. Product Portfolio
10.8.3. Key Strategies
10.8.4. Key Conclusion
10.9. Nippon Steel & Sumitomo Metal (NSSMC, Japan)
10.9.1. Company Overview
10.9.2. Product Portfolio
10.9.3. Key Strategies
10.9.4. Key Conclusion
10.10. AK Steel (USA)
10.10.1. Company Overview
10.10.2. Product Portfolio
10.10.3. Key Strategies
10.10.4. Key Conclusion
1. Global Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
2. Global Stainless Steel Pipe Market for Stainless Steel Pipe Welded Pipes, by Region 2019-2026 (US$ Mn)
3. Global Stainless Steel Pipe Market for Stainless Steel Pipe Seamless Pipes, by Region 2019-2026 (US$ Mn)
4. Global Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
5. Global Stainless Steel Pipe Market for Oil & Gas, by Region 2019-2026 (US$ Mn)
6. Global Stainless Steel Pipe Market for Automotive Industry, by Region 2019-2026 (US$ Mn)
7. Global Stainless Steel Pipe Market for Food Industry, by Region 2019-2026 (US$ Mn)
8. Global Stainless Steel Pipe Market for Power Industry, by Region 2019-2026 (US$ Mn)
9. Global Stainless Steel Pipe Market for Chemical Industry, by Region 2019-2026 (US$ Mn)
10. Global Stainless Steel Pipe Market for Civil Construction, by Region 2019-2026 (US$ Mn)
11. Global Stainless Steel Pipe Market for Others Industry, by Region 2019-2026 (US$ Mn)
12. Global Stainless Steel Pipe Market, by Geography, 2019-2026 (US$ Mn)
13. North America Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
14. North America Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
15. North America Stainless Steel Pipe Market, by Country, 2019-2026 (US$ Mn)
16. Europe Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
17. Europe Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
18. Europe Stainless Steel Pipe Market, by Country/Region, 2019-2026 (US$ Mn)
19. Asia Pacific Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
20. Asia Pacific Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
21. Asia Pacific Stainless Steel Pipe Market, by Country/Region, 2019-2026 (US$ Mn)
22. Rest of the World Stainless Steel Pipe Market, by Product, 2019-2026 (US$ Mn)
23. Rest of the World Stainless Steel Pipe Market, by Application, 2019-2026 (US$ Mn)
24. Rest of the World Stainless Steel Pipe Market, by Country/Region, 2019 – 2026 (US$ Mn)
1. Global Stainless Steel Pipe Market, by Product, 2018 (US$ Mn)
2. Global Stainless Steel Pipe Market, by Application, 2018 (US$ Mn)
3. Global Stainless Steel Pipe Market, by Geography, 2018 (US$ Mn)
4. Global Stainless Steel Pipe Market Value Share, by Product, 2018 & 2026 (Value, %)
5. Global Stainless Steel Pipe Market for Stainless Steel Pipe Welded Pipes, 2019-2026 (US$ Mn)
6. Global Stainless Steel Pipe Market for Stainless Steel Pipe Seamless Pipes, 2019-2026 (US$ Mn)
7. Global Stainless Steel Pipe Market for Stainless Steel Pipe Outer Diameter > 200mm, 2019-2026 (US$ Mn)
8. Global Stainless Steel Pipe Market Value Share, by Application, 2018 & 2026 (Value, %)
9. Global Stainless Steel Pipe Market for Oil & Gas, 2019-2026 (US$ Mn)
10. Global Stainless Steel Pipe Market for Automotive Industry, 2019-2026 (US$ Mn)
11. Global Stainless Steel Pipe Market for Food Industry, 2019-2026 (US$ Mn)
12. Global Stainless Steel Pipe Market for Power Industry, 2019-2026 (US$ Mn)
13. Global Stainless Steel Pipe Market for Chemical Industry, 2019-2026 (US$ Mn)
14. Global Stainless Steel Pipe Market for Civil Construction, 2019-2026 (US$ Mn)
15. Global Stainless Steel Pipe Market for Others Industry, 2019-2026 (US$ Mn)
16. United States Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
17. Canada Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
18. UK Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
19. Germany Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
20. France Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
21. Rest of Europe Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
22. China Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
23. India Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
24. Japan Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
25. Rest of Asia Pacific Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
26. Latin America Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
27. MENA Stainless Steel Pipe Market 2019 – 2026 (US$ Mn)
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