According to a new market research report published by Global Insight Services “Stainless Steel Welded Pipe Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Stainless steel welded pipe is a type of pipe made from stainless steel that is welded together. Welded pipe is made by taking a flat plate of stainless steel and cutting it into pieces, then welding those pieces together to make a pipe. The process of welding stainless steel is similar to that of other metals, but there are some differences. For example, stainless steel has a lower melting point than other metals, so it must be welded at a lower temperature. Additionally, stainless steel is more difficult to weld than other metals because it is less malleable. As a result, welders must be careful to avoid creating cracks or other defects in the stainless steel.
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Key Trends
The key trends in Stainless Steel Welded Pipe technology are the development of new welding methods, the use of new materials, and the improvement of existing materials.
New welding methods: The development of new welding methods has led to the production of higher-quality welds. These new methods include plasma welding, electron beam welding, and laser beam welding.
New materials: The use of new materials has led to the production of welded pipes that are more durable and have a higher resistance to corrosion. These new materials include duplex stainless steel, super duplex stainless steel, titanium, and nickel alloys.
Improvement of existing materials: The improvement of existing materials has led to the production of welded pipes that are more durable and have a higher resistance to corrosion. These improvements include the addition of chromium, molybdenum, and nitrogen.
Key Drivers
The main drivers for the stainless steel welded pipe market are the growing end-use industries such as construction, oil & gas, and chemical & petrochemical, among others. The rising demand for these industries is expected to drive the market for stainless steel welded pipe over the forecast period.
Additionally, the growing popularity of stainless steel welded pipe in the transportation industry is another factor driving the market growth. The superior properties of stainless steel welded pipe such as high strength, corrosion resistance, and durability are expected to boost its demand in the transportation sector.
Market Segmentation
The Stainless Steel Welded Pipe Market is segmented by grade, application, outer diameter, and region. By grade, the market is classified into 300 series, 400 series, 900 series, and nickel alloy grade. By application, the market is divided into construction, automotive, water supply and distribution, oil and gas, and others. By outer diameter, the market is bifurcated into 4 – 36mm, 36 – 60 mm, 61 – 150 mm, 151 – 500 mm, and 500 – 1000 mm. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Stainless Steel Welded Pipe Market are Marcegaglia, CSM TUBE spa, ArcelorMittal S.A., Nippon Steel, Hyundai Steel Co., Ltd, Sandvik AB, Shanghai Metal Corporation, F.E.R. Fischer Edelstahlrohre GmbH, YC Inox, and JFE Steel Corporation.
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