United States Electrically Welded Tubes Market was valued at USD 3.8 Billion in 2022 and is projected to reach USD 5.4 Billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030.
The US Electrically Welded Tubes Market is experiencing significant growth as industries seek more efficient, durable, and cost-effective solutions for their manufacturing processes. These tubes, which are produced by welding metal strips together using an electric current, are widely used in a variety of applications, from automotive and construction to energy and aerospace sectors. The demand for electrically welded tubes is being driven by the need for high-performance materials that offer strength, flexibility, and resistance to corrosion. With technological advancements, these tubes are being engineered to meet the specific requirements of diverse industries, contributing to their increasing adoption.
One of the key drivers behind the rising demand for electrically welded tubes in the US is the growing automotive industry. As car manufacturers move towards lightweight materials to improve fuel efficiency, electrically welded tubes offer a strong, lightweight, and corrosion-resistant alternative to traditional materials. These tubes are also integral in the production of exhaust systems, fuel lines, and structural components, making them indispensable to the automotive supply chain.
In the construction sector, the need for high-strength, durable materials has led to a surge in demand for electrically welded tubes. These tubes are used in scaffolding, structural support systems, and other infrastructure projects, providing both safety and longevity. Their ability to withstand heavy loads and environmental stress makes them ideal for applications in harsh conditions.
The energy sector, particularly in renewable energy, is another major consumer of electrically welded tubes. Solar power systems, wind turbines, and other renewable energy technologies rely on these tubes for structural integrity and efficiency. Their adaptability to various environmental factors and their resistance to corrosion make them an essential material for ensuring the longevity and performance of renewable energy systems.
Overall, the US Electrically Welded Tubes Market is poised for continued growth, driven by the increasing demand from industries seeking advanced materials to improve the efficiency, safety, and sustainability of their products. As these industries continue to evolve, the versatility and reliability of electrically welded tubes will remain a key component in meeting the challenges of the future.
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Nippon Steel & Sumitomo Metal Corporation
EVRAZ North America
Northwest Pipe Company
TMK IPSCO
Welspun
Wheatland Tube Company
ChelPipe
Techint Group
JFE Steel Corporation
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Electrically Welded Tubes Market
Black Steel Tubes
Galvanized Steel Tubes
Stainless Steel Tubes
Structural Tubes
Line Pipes Tubes
Construction
Automotive
Aerospace
Oil & Gas
Manufacturing
Building & Construction
Energy
Transportation
Industrial Equipment
Consumer Goods
Small Diameter Tubes (up to 1 inch)
Medium Diameter Tubes (1 to 4 inches)
Large Diameter Tubes (above 4 inches)
Mill Finish
Polished Finish
Coated Finish
Pre-galvanized Finish
Post-galvanized Finish
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Electrically Welded Tubes Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Electrically Welded Tubes Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Electrically Welded Tubes Market, By Type
6. US Electrically Welded Tubes Market, By Application
7. US Electrically Welded Tubes Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Electrically Welded Tubes Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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