Main companies covered by the Automotive Stainless Steel Tube Market The searches are Sandvik Group, Nippon Steel & Sumitomo Metal Corporation, ArcelorMittal, ThyssenKrupp, Tubacex, Handytube Corporation, Plymouth Tube Company, Fischer Group, JFE Steel Corporation, ChelPipe, Penn Stainless Products Inc., Bri-Steel Manufacturing, Centravisand other key market players.
Global Automotive Stainless Steel Tube Market was valued at USD 4.7 Billion in 2021 and is projected to reach USD 6.1 Billion by 2030, growing at a CAGR of 5.1% from 2021 to 2030.
The COVID-19 pandemic, a deadly respiratory disease, has now spread across the globe. The COVID-19 pandemic has had a significant impact on this market. The United States, China, Japan and all the other countries which have all been hit hard by the pandemic are expected to dominate the market. COVID-19 negatively impacted many industries, including automotive, healthcare and ICT, but they recovered in late 2020 and started 2021 with a slight increase in growth rate.
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Rising demand for vehicles from emerging economies is expected to boom the global automotive stainless steel tubing market over the estimated time frame. Additionally, the increasing use of high strength steel in automobiles across the globe is driving the growth of the global automotive stainless steel tubing market.
The objective of the study is to define the market size of different segments and countries in recent years and to forecast the values to the next eight years. The report is designed to incorporate qualitative and quantitative aspects of the industry in each of the regions and countries involved in the study. Furthermore, the report also provides detailed information about the crucial aspects such as driving factors and challenges which will define the future growth of the market. Additionally, the report should also incorporate the opportunities available in the micro markets for stakeholders to invest in, along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:
By tube type
By type of vehicle
Light commercial vehicle
medium utility vehicle
heavy duty vehicle
By steel grade
AISI 300 series
AISI 400 series
By vehicle component
Engine and gearbox
By tube diameter
4mm to 14mm
15mm to 25mm
26mm to 40mm
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Rest of Asia
Rest of South America
Middle East and Africa
United Arab Emirates
Rest of MEA
In addition, the years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of Global Automotive Stainless Steel Tube Market in Market Research:
Leading Consulting Firms and Advisors
Large, medium and small businesses
Value Added Resellers (VAR)
Third-Party Knowledge Providers
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What aspects regarding the regional analysis market are included in this report?
- Geographical regions covered in the report include North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa region.
- The report consists of a detailed analysis by region of current and future market trends, providing information on product usage and consumption.
- The growth rate of the market in each region including their countries during the forecast period is included in the market report.
- On the basis of what factors are the major market players assessed in this report?
- The report offers a detailed analysis of the major companies in the market across the globe.
- It provides details of major vendors involved in the market including key players
- A comprehensive overview of each business, including company profile, revenue generated, commodity prices and
- the products produced are included in the report.
- Facts and figures about market competitors along with the views of major market players are presented in the report.
- Recent developments, mergers and acquisitions related to the major players mentioned are provided in the market report.
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