Welded Steel Pipes and Tubes Market Definition
The welded steel pipes and tubes market involves the manufacturing and marketing of welded steel pipes and tubes produced by rolling strips of stainless steel into a tube and then welding along the length. Welded steel pipes and tubes are in high demand for operations transporting water, coal gas, natural gas, and oil. These pipes and tubes are also extensively used in the mechanical, engineering, automotive, infrastructure and construction, oil and gas sectors. These industries indirectly drive demand and growth in the market.
A slowdown in the automotive sector and environmental concerns are limiting oil and gas demand in the market. Despite this, there are several opportunities for growth in the welded steel pipes and tubes market in the coming years due to the predicted expansion of the energy sector, as well as the growing popularity of hybrid vehicles.
Welded Steel Pipes and Tubes Market Companies:
Youfa Steel Pipe Group, Tenaris, Zekelman Industries, VALLOUREC, China Baowu Steel Group, Nippon Steel, ChelPipe Group, APL Apollo, Arcelormittal, Hyundai Steel, JFE Steel Corporation, SeAH Holdings Corp, TMK Group, Nucor Corporation, United States Steel Corporation, Kingland & Pipeline Technol-ogies, Jiangsu Changbao Steel Tube, Hengyang Valin Steel Tube, Severstal, TPCO, Jindal Saw, Evraz, Marcegaglia, Tata Steel, Essar Steel and Ispat Industries.