Stainless Steel Pipes and Tubes Market Latest Industry Trends and Industry Insights Forecast to 2025
Nonetheless, the construction industry is a vital application area of these category products. At present, square seamless steel pipe is widely used in high-rise buildings. Semi-axle of automobiles and bicycle frame is made of seamless round tubes and pipes. Oil pipeline, natural gas pipeline, machinery industry are some of the key application areas of seamless steel pipes and tubes. Welded pipes and tubes are widely used in boilers, ship building, automobiles, light weight structures, steel doors and windows, furniture, scaffolding, agricultural machinery, top shelves, wire conduit, containers, etc. Another usage of welded pipe is to carry sewage, and conveying water, air, gas, steam, heating, and other low pressure fluid applications.
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Global Stainless Steel Pipes and Tubes Industry to Attract Water Treatment Sector In 2019
- Application areas of stainless steel tubes and pipes include water treatment and waste management
- Chloride content in water is still a critical parameter for stainless steel pipes and tubes. Hence, there lies a huge scope for the development in stainless steel pipes and tubes in water application.
- Renovation and replacement of old distribution systems is widely observed and reported worldwide
Key players in this market include, ThyssenKrupp AG, Tata Steel (TISCO), Tenaris, Pohang Iron & Steel (POSCO), Baosteel Group, CENTRAVIS, TUBACEX S.A, Arcelor Mittal, NIPPON STEEL CORPORATION, Outokumpu, TPCO Enterprise, Inc., Jiuli Group, Sandvik AB, BUTTING Group, Tsinghan Holding Group Co., Ltd., JFE Steel Corporation, AK Steel, and Ratnamani Metals & Tubes Limited.
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