Stainless Steel Pipes and Tubes Market Size is Anticipated to Reach US$ 42800 million by 2025

Mar 22, 2019 (Heraldkeeper via COMTEX) — Global Stainless Steel Pipes and Tubes market size will increase to 42800 Million US$ by 2025, from 32400 Million US$ in 2018, at a CAGR of 4.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Stainless Steel Pipes and Tubes.

The stainless steel pipes and tubes are made of stainless steel round steel, plate (flat plate or coiled plate), hollow long strip steel products processed by special process, steel with open ends and hollow section, and its length and section circumference are relatively large. It includes various shapes such as a circular tube, a square tube, an elliptical tube, and a triangular tube. Because the stainless steel pipe has a hollow section, it has the excellent performance characteristics of stainless steel and low maintenance cost. It is suitable as a conveying pipe for liquids, gases, etc. Stainless steel pipes and tubes are one of the important products in the steel industry and is extremely used widely in the national economy.


Post time: Mar-10-2019