Tuesday, September 28, 2021

Outlook on the Steel Tubes Global Market to 2026 - by Product Type, Material Type, End-use Industry and Region - ResearchAndMarkets.com - Business Wire

Last updated Monday, September 13, 2021 07:48 ET , Source: NewsService

DUBLIN--(BUSINESS WIRE)--The "Steel Tubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

“Steel Tubes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”

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The global steel tubes market is expected to exhibit moderate growth during 2021-2026. Steel tubes are tough, strong and durable metal tubes and are available in different shapes, including square, rectangular and round. The production process of these structures incorporates alloys of iron with various other elements such as carbon, tungsten, manganese, aluminum and titanium. Depending on their manufacturing process, there are two major types of steel tubes, namely, seamless and welded. Steel tubes have a higher manufacturing tolerance, which helps in improving their manufacturability and quality. Owing to their versatility, they are used in a range of industries including oil & gas, petrochemicals, infrastructure and construction, automotive, water treatment, etc.

Over the past few years, steel tubes have gained immense popularity in the oil and gas industry for transporting fluids and in the form of conveyor belt rollers, bearing casings, and casings for concrete pilings. Also, with a boom in shale gas drilling, steel tubing is being used for carrying chromium, which has led to a rise in their production. Apart from this, they are also used in heating, ventilation,...

Read Full Story: https://www.businesswire.com/news/home/20210913005453/en/Outlook-on-the-Steel-Tubes-Global-Market-to-2026---by-Product-Type-Material-Type-End-use-Industry-and-Region---ResearchAndMarkets.com

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