GLOBAL STEEL TUBES MARKET WITH FOCUS ON STAINLESS STEEL TUBES (2016-2020)
From:https://satprnews.com/
scope of the Report
The report titled “Global Steel Tubes Market with Focus on Stainless Steel Tubes (2016-2020)”, provides an in-depth analysis of the global steel market and the global stainless steel tubes market.
The global steel market has been analysed on the basis of global production, comsumption and exports. The global steel tubes market has been analysed on the basis of production, consumption, segments and its end use. The global stainless steel tube market has been nanlysed on the basis of production and segments. The report provides a regional analysis of the steel tubes market, including the following regions: North America, South America, European Union, Asia(excluding China)and Chian.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry.Growth of the overall global steel tubes market has also been forecasted for the period 2016-2020, talking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in the global steel tubes market is dominated by the three big players, ArcelorMittal, Nippon Steel and Sumitomo Metal and Tubacex S.A., whose business profilling has been done in this report, which include their business overview, financial information and respective business strategies.
Country Coverage
-North America
-South America
-European Union
-Asia(excluding China)
-China
Company Coverage
-ArcelorMittal
-Nippon Steel and Sumitomo Metal
-Tubacex S.A.
Executive Summary
Steel is a hard. strong grey- bluish alloy of iron with carbon and other elements, used as a structural and fabricating material. The steel industry is the business of processing iron ore into steel, (which in other words, is an iron-carbon alloy) and tuming that metal into partially finished products or recycling scrap metal into steel.
The steel industry can be segmented on the basis of steel type and shape of steel. The steel type can be further classified as carbon steel and alloy steel. The shape of the steel can be further segregated as long shape of steel, flat shape of steel and tubular shape of steel.
Steel tubes have applicability for varied purposes and industries. The steel tubes are strong and hence, they are used underground for transporting water and gas throughout cities and towns. They are employed in construction to protect electrical wires. They are also used in automobiles, refrigeration units, heating and plumbing systems, street lamps, etc. The steel tubes can be segmented into welded steel tubes and seamless steel tubes. The welded steel tubes can be further segmented on the basis of diameter. Stainless steel tubes are the part of the steel tubes market. Stainless steel tubes are used where high pressures, high temperatures or corrosive environments are involved.
The steel tubes market is supported by various growth drivers, such as growth in automobile and transportation, increasing aircraft production, rising oil and gas exploration activities, growth in emerging economies and rising global GDP. Yet, the steel tubes market faces certain challenges, such as declining oil prices, declining raw material prices and declining steel prices.