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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
North America Industrial Tubes Market: By Industrial Tube Type, By Material, By Manufacturing, By End Users and Country Forecast 2020-2031
North America Industrial Tubes Market size was valued at US$ X million in 2024 and is expected to reach US$ X million by 2031, growing at a significant CAGR of X% from 2025-2031. Based on material the market is segmented into steel and non-steel. Steel is expected to dominate the market because of its high strength, high durability, excellent chemical and corrosion resistance, and many other properties due to which it has a high consumption rate. It is widely used in the manufacturing of industrial tubes which has a wide application in the oil & gas and petrochemical, energy & power, oil, automotive, and many other industries. The steel segment is expected to account for the highest growth rate during the forecast period due to the rapidly growing end-use industries in emerging countries such as China and India. The market is consolidating as large players complementing each others businesses by means of collaborations, agreements and acquisitions. For instance, in November 2017, Vallourec S.A. received a contract to supply 16,000 tons of OCTG tubular solution to China National Offshore Oil Corporation (CNOOC), in Shenzhen, Shanghai, Tianjin, and Zhanjiang in China.
The market report gives comprehensive outlook on industrial tubes market across the region with special emphasis on key countries of North America such as U.S and Canada. The report on the market gives historical, current, and future market sizes (US$ Mn) on the basis of industrial tube type, by material, by manufacturing unit, by end user, and countries. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in the market activities.
Development and launch of innovative industrial tubes by the market players enables surge in the industrial tubes market demand over the forecast years. For instance. In 2018, Tata Steel launched two products namely Tata Aggreto and Tata Nirman which has a wide applications in road, fly ash brick and clinker making. Moreover, Launch of newer products in various countries enables the growth of industrial tubes market over the forecast years.
Report Benchmarks |
Details |
By Industrial Tube Type |
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By Material |
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By Manufacturing |
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North america industrial tubes market size was valued at US$ X million in 2024 and is expected to reach US$ X million by 2031, growing at a significant CAGR of X%.
The market data: North America (United States, Canada)
The market key players are Nippon Steel & Sumitomo Metal Corporation, Vallourec S.A., Sandvik AB, Tenaris, Tata Steel, Tubacex, United States Steel Corporation, Benteler, Aperam, AK Tube LLC.
1.Executive Summary |
2. North America Industrial Tubes Market Introduction |
2.1. North America Industrial Tubes Market - Taxonomy |
2.2. North America Industrial Tubes Market - Definitions |
2.2.1.Industrial Tube Type |
2.2.2.Material |
2.2.3.Manufacturing |
2.2.4.Country |
3. North America Industrial Tubes Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. North America Industrial Tubes Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. North America Industrial Tubes Market By Industrial Tube Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
5.1. Process Pipes |
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Mechanical |
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Heat Exchanger |
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Structural |
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6. North America Industrial Tubes Market By Material, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
6.1. Steel |
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Non Steel |
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. North America Industrial Tubes Market By Manufacturing, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
7.1. Seamless |
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Welded |
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8. North America Industrial Tubes Market By Country, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. United States of America (USA) |
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Canada |
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
9. Competition Landscape |
9.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
9.2.1.Nippon Steel & Sumitomo Metal Corporation |
9.2.2.Vallourec S.A. |
9.2.3.Sandvik AB |
9.2.4.Tenaris |
9.2.5.Tata Steel |
9.2.6.Tubacex |
9.2.7.United States Steel Corporation |
9.2.8.Benteler |
9.2.9.Aperam |
9.2.10.AK Tube LLC |
10. Research Methodology |
11. Appendix and Abbreviations |
Key Market Players