United States $7 Billion Steel Tubing Pipes Market, 2018 - Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 4, 2018--The “Steel Tubing Pipes Market” report has been added to ResearchAndMarkets.com’s offering.
U.S. steel tubing market marked a growth of 2.0% in 2018. Moreover, the market is expected to flourish at a CAGR of 3.0% and is likely to garner USD 7,018.9 Million by the end of 2025.
Factors responsible for the increasing usage of steel tubing are designing flexibility, durability, quality and low corrosion. Steel also provide better efficiency and can easily be fabricated and formed into different sizes.
The demand for steel tubing is increasing in U.S. as steel is cost effective in comparison to other materials for the long span of time. Steel offers long-term durability which lowers the replacement and improves insurance costs. Steel is 100% recyclable and has low impact rate on the environment which is further expected to increase the growth of steel tubing market over the forecast period in U.S. region.
Further, the market of U.S. steel tubing is anticipated to achieve a Y-o-Y growth rate of 4.1% in 2025 as compared to the previous year. Growing demand for steel in building and construction industry is expected to spur the growth of U.S. steel tubing market over the forecast period.
U. S. Steel Tubular Products, ArcelorMittal, POSCO, Nucor Corporation and Nippon Steel & Sumitomo Metal Corporation are some of the prominent players in the U.S steel tubing market.
Key Topics Covered:
1. Research Methodology
2. Market Definitions, Assumptions & Abbreviations
3. Market Taxonomy
4. Steel Tubing Market - Executive Summary
5. Steel Tubing Product Overview
6. Recent Changes and Development in Steel Tubing Market
7. Average Pricing Analysis, 2017
8. Production & Export and Import Statistics, 2017
9. Porter’s Five Force Model Analysis
10. Steel Tubing Market - Risk Analysis
11. Market Dynamics & Its Impact Analysis
12. U.S. Steel Tubing Market Analysis
13. Competitive Landscape
Companies MentionedU.S. Steel Tubular Products Arcelor Mittal POSCO Nucor Corporation Nippon Steel and Sumitomo Metal Corporation Zekelman Industries TMK Group Victory Steel Eagle Tubular Products
For more information about this report visit https://www.researchandmarkets.com/research/k65j6v/united_states_7?w=4
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Related Topics:Iron and Steel,Pipes
KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: MANUFACTURING STEEL
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/04/2018 10:54 AM/DISC: 12/04/2018 10:54 AM