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Global Automotive Stainless Steel Tube Market by Tube Type (Welded, and Seamless), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Medium Commercial Vehicle and Heavy Commercial Vehicle); By Steel Grade (AISI 300 Series, AISI 400 Series and Others); By Vehicle Component (Drivetrain, Fuel Injection, Engine and Transmission, Exhaust system and Others); By Tube Diameter (4 mm to 14 mm, 15 mm to 25 mm, 26 mm to 40 mm & Others), and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa)
Global Automotive Stainless Steel Tube Market Overview:
The global automotive stainless steel tube market is estimated to reach USD 7.05 Billion by 2030 with a CAGR of 5.03%during the forecast period of 2022-2030, and it was valued at USD 4.18 Billion in 2022. Environmentally friendly stainless steel includes seamless pipe, industrial pipe, precision pipe, capillary tube, sanitary pipe, stainless steel welded pipe, decorative pipe, square pipe, rectangular pipe, etc. The primary use of stainless steel is the exhaust system, which accounts for more than 1/2 of the total amount of stainless steel used in automobiles, and 80% is ferritic stainless steel. Exhaust gas from automobile engines exits the muffler through exhaust gas inlet pipes, front pipes, hoses, converters, and central pipes. Exhaust systems commonly used steel types are 409L, 436L, and so on. Automotive mufflers mainly use stainless steel welded pipes. High-strength fasteners for automobiles also use stainless steel seamless steel tubes. Automobiles are equipment-based products, and fasteners are one of the critical parts of automobiles. The average fasteners for passenger cars (complete vehicles) is about 37 kg. In the future, hybrid systems will develop rapidly as a transition solution. Therefore, new energy vehicles also need seamless steel pipes. Even pure electric vehicles still need seamless steel pipes, such as seamless steel pipes for electric vehicles.Global Automotive Stainless Steel Tube Market Insights
The growing vehicle demand from emerging economies expected to boom the global automotive stainless steel tube market in the estimated period. Additionally, the increasing use of high-strength steel in automobiles across the globe leads to the growth of global automotive stainless steel tube market. In the automobile manufacturing industry, stainless steel materials have high strength, corrosion resistance, relatively light mass, and the ability to absorb energy stronger than other metal materials after impact, and good safety performance. Moreover, the constant production of vehicles and the anticipated stability in regulatory and price attributes in the steel industry penetrates the growth of the automotive stainless steel tube market in the future timeline. Further, the surge in demand for stainless steel in the automobile industry for diesel spark plugs, motor block reheating, fuel lines, and exhaust gas recirculation systems anticipated to fuel the growth of the automotive stainless steel tube market. Additionally, increasing demand for stainless steel tubes in the automobile industry for its high strength-to-weight ratio, which helps the overall weight reduction of the vehicle, will contribute to the growth of the global automotive stainless steel tube market.Growth Driver
The rise in the number of sales in vehicles across the globe
In recent years, with the continuous increase of service life and exhaust temperature, automobiles have put forward higher requirements for the local corrosion resistance of the cold end of the exhaust system and the high-temperature oxidation resistance of the hot end. According to the International Organization of Motor Vehicle Manufacturers, the global sales of automobile share of established markets will decline from 50% in 2012 to 40% in 2021. Also, with the strong growth of small cars in emerging markets by 2021, the sales of vehicles across the globe are expected to reach by 34 million units.The surge in demand for electric and hybrid vehicles
In the future, hybrid systems will develop rapidly as a transition solution. Therefore, new energy vehicles also need seamless steel pipes. Seamless steel pipes fix the automobile’s frame chassis, auxiliary frame, double longitudinal beams, front upper bracket, and rear upper bracket. International Energy Agency launched the EV30@30 campaign at the 8th CEM in June 2017 to accelerate the deployment of electric vehicles with a target of at least 30% new electric vehicle sales by 2030. The campaign currently totals 11 member countries and 29 supporting companies and organizations.Regulations regarding the strength and safety of vehicles
In recent years the various government has taken vital initiatives to encourage domestic production for various industries, including the automotive industry. For instance, China’s production capacity of hybrid vehicles expected to reach 2 million units, with cumulative production and sales exceeding 5 million units. With the implementation of the Energy Conservation and New Energy Vehicle Industry Development Plan (2012-2020), the demand for seamless steel pipes in the automotive industry will further release.Tube Type Segmental Analysis
Based on tube type, the global Automotive Stainless Steel Tube Market bifurcated into Welded and Seamless. The Welded segment leads the market with a volume share of approximately 85% in 2018 owing to its availability, which results in a minimum waiting period, and the thickness of wall which makes it more consistent as compared to the seamless product type. The Seamless segment will drive by its features, such as high corrosion resistance.Vehicle Type Segmental Analysis
Based on the Vehicle Type, the Global Automotive Stainless Steel Tube Market classified into Passenger Vehicle, Light Commercial Vehicle, Medium Commercial Vehicle, and Heavy Commercial Vehicle. The Light Commercial Vehicle segment estimated to dominate the market due to the rapid sales of light commercials along with massive growth in international trade. Passenger Vehicles will boost by the surge in income levels of consumers across the developing and developed countries along with stainless stain steel tubes used in emission tubes, fuel tubes, oil cooler tubes, power steering tubes, and freezing.Steel Grade Segmental Analysis
Based on steel grade, the Global Automotive Stainless Steel Tube Market segmented into AISI 300 Series, AISI 400 Series, and Others. The AISI 400 Series segment expected to dominate the market owing to its application in automotive exhaust systems and automotive trim. The AISI 300 Series segment will drive its properties, such as heat-resisting used in the automotive industry.Vehicle Component Segmental Analysis
By Vehicle Component, the Global Automotive Stainless Steel Tube market segregated into Drivetrain, Fuel Injection, Engine and Transmission, Exhaust system, and others. The Exhaust system segment anticipated generating the highest revenue by 2030 on account of stainless steel used in the automotive industry, mainly in the exhausting system, which accounts for more than 1/2 of the total amount of stainless steel used in automobiles. The exhaust gas from the automobile engine flows out of the muffler through the exhaust gas intake pipe, front pipe, hose, converter, and central pipe.Tube Diameter Segmental Analysis
Based on the tube diameter, the Global Automotive Stainless Steel Tube market categorized into 4 mm to 14 mm, 15 mm to 25 mm, 26 mm to 40 mm & others. The 26 mm to 40 mm segment will dominate the market due to the use of these tubes in the fuel injector and exhaust system.Region Segmental Analysis
By geography, the global Automotive Stainless Steel Tube market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America attributed generating USD 9.3 billion in 2021 owing to the growing automotive industry and government initiatives to encourage domestic production for various industries, including the automotive industry. Asia-Pacific will be the fastest-growing region due to the booming automotive sector and the presence of a large number of manufacturing industries.Competitor Analysis
Companies such as Sandvik Group, Nippon Steel & Sumitomo Metal Corporation, ArcelorMittal, ThyssenKrupp, Tubacex, Handytube Corporation, Plymouth Tube Company, Fischer Group, Maxim Tubes Company Pvt. Ltd., JFE Steel Corporation, ChelPipe, Penn Stainless Products Inc., Bri-Steel Manufacturing, and Centravis are the key players in the Global Automotive Stainless Steel Tube Market.Key Stakeholders
- Market research and consulting firms
- Industry associations
- Global Automotive Stainless Steel Tube Manufacturing firms
- Research organizations and consulting companies
- Organizations, associations, and alliances related to Automotive Stainless Steel Tube
- Regulatory bodies
- Suppliers
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Recent Development
- In January 2023, Jindal Stainless declared its provision of stainless steel for a wide range of applications in the Mumbai metro project, including roofs, outer panels, structural components, car bodies, underframes, and interior elements.
- In January 2023, MARCEGAGLIA STEEL S.p.I developed a stainless steel electric furnace factory in Sheffield, UK. This marks the company’s inaugural investment in steel manufacturing. Through this move, Marcegaglia has initiated partial upstream integration in the value chain to decrease the length and stabilize the supply chain while establishing a more sustainable and competitive product portfolio.
- In January 2020, Sandvik AB completed the investment of Summerill Tube Corporation, a manufacturer of high accuracy stainless steel and nickel alloy tubes for various initiatives, including aerospace, transportation, and petrochemical. The purchase shall offer the company technical expertise to manufacture precision tubes.
- In December 2019, Cleveland-Cliffs declared the investment of AK Steel Corporation, producer of carbon, stainless and electrical steel products for various industries, including the automotive industry, for an aggregate amount of USD 3 Billion. He carried out the commerce to incorporate the two companies’ product offerings while making a vertically integrated business model for manufacturing value-added iron ore and steel products.
Scope of the Report
| Report Attribute | Details |
|---|---|
| Market Size Value in 2021 | USD 4.78 Billion |
| The revenue forecast in 2028 | USD 7.05 Billion |
| Growth Rate | CAGR of 5.03 % from 2022 to 2028. |
| Historical data | 2017 – 2020 |
| Forecast period | 2022 – 2028 |
| Region covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
| Key companies Profiled | The Companies include Sandvik Group, Nippon Steel & Sumitomo Metal Corporation, ArcelorMittal, ThyssenKrupp, Tubacex, Handytube Corporation, Plymouth Tube Company, Fischer Group, Maxim Tubes Company Pvt. Ltd., JFE Steel Corporation, ChelPipe, Penn Stainless Products Inc., Bri-Steel Manufacturing, and Centravis are the key players. |
Market Modelling
By Tube Type- Welded
- Seamless
- Passenger Vehicle
- Light Commercial Vehicle
- Medium Commercial Vehicle
- Heavy Commercial Vehicle
- AISI 300 Series
- AISI 400 Series
- Others
- Drivetrain
- Fuel Injection
- Engine and Transmission
- Exhaust system
- Others
- 4 mm to 14 mm
- 15 mm to 25 mm
- 26 mm to 40 mm
- Others
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
More Related Reports:
Report Content
- Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
- Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
- Executive Summary
- Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2022
4.7. Porter’s Five forces analysis
4.8. Price point analysis
4.9. New Investment Analysis
4.10.PESTEL Analysis
4.11.Pre Covid-19 Impact
4.12.Covid-19 Impact
4.13.Post Covid-19 Impact
- Global Automotive Stainless Steel Tube Market, 2017-2030
5.1. Market size & Forecast, 2017-2030
5.1.1. Demand
5.1.1.1. By Value (USD Billion)
5.1.2. Consumption
5.1.2.1. By Volume (Billion Tons)
5.1.3. Supply/Production
5.1.3.1. By Volume (Billion Tons)
5.2. Market Share & Forecast, 2017-2030
5.2.1. By Tube Type
5.2.1.1. Welded
5.2.1.2. Seamless
5.2.2. By Vehicle Type
5.2.2.1. Passenger Vehicle
5.2.2.2. Light Commercial Vehicle
5.2.2.3. Medium Commercial Vehicle
5.2.2.4. Heavy Commercial Vehicle
5.2.3. By Steel Grade
5.2.3.1. AISI 300 Series
5.2.3.2. AISI 400 Series
5.2.3.3. Others
5.2.4. By Vehicle Component
5.2.4.1. Drivetrain
5.2.4.2. Fuel Injection
5.2.4.3. Engine and Transmission
5.2.4.4. Exhaust system
5.2.4.5. Others
5.2.5. By Vehicle Component
5.2.5.1. Drivetrain
5.2.5.2. 4 mm to 14 mm
5.2.5.3. 15 mm to 25 mm
5.2.5.4. 26 mm to 40 mm
5.2.5.5. Others
5.2.6. By Region
5.2.6.1. North America
5.2.6.2. Europe
5.2.6.3. Asia Pacific
5.2.6.4. The Middle East & Africa
5.2.6.5. South America
- North America Automotive Stainless Steel Tube Market, 2017-2030
6.1. North America Automotive Stainless Steel Tube Market size & Forecast, 2017-2030
6.1.1. Demand
6.1.1.1. By Value (USD Billion)
6.1.2. Consumption
6.1.2.1. By Volume (Billion Tons)
6.1.3. Supply/Production
6.1.3.1. By Volume (Billion Tons)
6.2. North America Automotive Stainless Steel Tube Market Share & Forecast, 2017-2030
6.2.1. By Tube Type
6.2.1.1. Welded
6.2.1.2. Seamless
6.2.2. By Vehicle Type
6.2.2.1. Passenger Vehicle
6.2.2.2. Light Commercial Vehicle
6.2.2.3. Medium Commercial Vehicle
6.2.2.4. Heavy Commercial Vehicle
6.2.3. By Steel Grade
6.2.3.1. AISI 300 Series
6.2.3.2. AISI 400 Series
6.2.3.3. Others
6.2.4. By Vehicle Component
6.2.4.1. Drivetrain
6.2.4.2. Fuel Injection
6.2.4.3. Engine and Transmission
6.2.4.4. Exhaust system
6.2.4.5. Others
6.2.5. By Vehicle Component
6.2.5.1. Drivetrain
6.2.5.2. 4 mm to 14 mm
6.2.5.3. 15 mm to 25 mm
6.2.5.4. 26 mm to 40 mm
6.2.5.5. Others
6.2.6. By Country
6.2.6.1. US
6.2.6.2. Canada
6.2.6.3. Mexico
6.2.7. By Price Point Analysis
6.2.8. Company Market Share (Top 3-5)
6.2.9. Manufacturer & Distributor List (Top 5)
6.2.10. Export-Import Analysis
6.2.11. Economic Impact Study on North America Automotive Stainless Steel Tube Market
- Europe Automotive Stainless Steel Tube Market, 2017-2030
7.1. Europe Automotive Stainless Steel Tube Market size & Forecast, 2017-2030
7.1.1. Demand
7.1.1.1. By Value (USD Billion)
7.1.2. Consumption
7.1.2.1. By Volume (Billion Tons)
7.1.3. Supply/Production
7.1.3.1. By Volume (Billion Tons)
7.2. Europe Automotive Stainless Steel Tube Market Share & Forecast, 2017-2030
7.2.1. By Tube Type
7.2.1.1. Welded
7.2.1.2. Seamless
7.2.2. By Vehicle Type
7.2.2.1. Passenger Vehicle
7.2.2.2. Light Commercial Vehicle
7.2.2.3. Medium Commercial Vehicle
7.2.2.4. Heavy Commercial Vehicle
7.2.3. By Steel Grade
7.2.3.1. AISI 300 Series
7.2.3.2. AISI 400 Series
7.2.3.3. Others
7.2.4. By Vehicle Component
7.2.4.1. Drivetrain
7.2.4.2. Fuel Injection
7.2.4.3. Engine and Transmission
7.2.4.4. Exhaust system
7.2.4.5. Others
7.2.5. By Vehicle Component
7.2.5.1. Drivetrain
7.2.5.2. 4 mm to 14 mm
7.2.5.3. 15 mm to 25 mm
7.2.5.4. 26 mm to 40 mm
7.2.5.5. Others
7.2.6. By Country
7.2.6.1. Germany
7.2.6.2. UK
7.2.6.3. France
7.2.6.4. Italy
7.2.6.5. Rest of Europe
7.2.7. By Price Point Analysis
7.2.8. Company Market Share (Top 3-5)
7.2.9. Manufacturer & Distributor List (Top 5)
7.2.10. Export-Import Analysis
7.2.11. Economic Impact Study on Europe Automotive Stainless Steel Tube Market
- Asia Pacific Automotive Stainless Steel Tube Market, 2017-2030
8.1. Asia Pacific Automotive Stainless Steel Tube Market size & Forecast, 2017-2030
8.1.1. Demand
8.1.1.1. By Value (USD Billion)
8.1.2. Consumption
8.1.2.1. By Volume (Billion Tons)
8.1.3. Supply/Production
8.1.3.1. By Volume (Billion Tons)
8.2. Asia Pacific Automotive Stainless Steel Tube Market Share & Forecast, 2017-2030
8.2.1. By Tube Type
8.2.1.1. Welded
8.2.1.2. Seamless
8.2.2. By Vehicle Type
8.2.2.1. Passenger Vehicle
8.2.2.2. Light Commercial Vehicle
8.2.2.3. Medium Commercial Vehicle
8.2.2.4. Heavy Commercial Vehicle
8.2.3. By Steel Grade
8.2.3.1. AISI 300 Series
8.2.3.2. AISI 400 Series
8.2.3.3. Others
8.2.4. By Vehicle Component
8.2.4.1. Drivetrain
8.2.4.2. Fuel Injection
8.2.4.3. Engine and Transmission
8.2.4.4. Exhaust system
8.2.4.5. Others
8.2.5. By Vehicle Component
8.2.5.1. Drivetrain
8.2.5.2. 4 mm to 14 mm
8.2.5.3. 15 mm to 25 mm
8.2.5.4. 26 mm to 40 mm
8.2.5.5. Others
8.2.6. By Country
8.2.6.1. China
8.2.6.2. India
8.2.6.3. Japan
8.2.6.4. Australia
8.2.6.5. Rest of Asia pacific
8.2.7. By Price Point Analysis
8.2.8. Company Market Share (Top 3-5)
8.2.9. Manufacturer & Distributor List (Top 5)
8.2.10. Export-Import Analysis
8.2.11. Economic Impact Study on Asia-Pacific Automotive Stainless Steel Tube Market
- The Middle East & Africa Automotive Stainless Steel Tube Market, 2017-2030
9.1. The Middle East & Africa Automotive Stainless Steel Tube Market size & Forecast, 2017-2030
9.1.1. Demand
9.1.1.1. By Value (USD Billion)
9.1.2. Consumption
9.1.2.1. By Volume (Billion Tons)
9.1.3. Supply/Production
9.1.3.1. By Volume (Billion Tons)
9.2. The Middle East & Africa Automotive Stainless Steel Tube Market Share & Forecast, 2017-2030
9.2.1. By Tube Type
9.2.1.1. Welded
9.2.1.2. Seamless
9.2.2. By Vehicle Type
9.2.2.1. Passenger Vehicle
9.2.2.2. Light Commercial Vehicle
9.2.2.3. Medium Commercial Vehicle
9.2.2.4. Heavy Commercial Vehicle
9.2.3. By Steel Grade
9.2.3.1. AISI 300 Series
9.2.3.2. AISI 400 Series
9.2.3.3. Others
9.2.4. By Vehicle Component
9.2.4.1. Drivetrain
9.2.4.2. Fuel Injection
9.2.4.3. Engine and Transmission
9.2.4.4. Exhaust system
9.2.4.5. Others
9.2.5. By Vehicle Component
9.2.5.1. Drivetrain
9.2.5.2. 4 mm to 14 mm
9.2.5.3. 15 mm to 25 mm
9.2.5.4. 26 mm to 40 mm
9.2.5.5. Others
9.2.6. By Country
9.2.6.1. Saudi Arabia
9.2.6.2. UAE
9.2.6.3. South Africa
9.2.6.4. Rest of The Middle East & Africa
9.2.7. By Price Point Analysis
9.2.8. Company Market Share (Top 3-5)
9.2.9. Manufacturer & Distributor List (Top 5)
9.2.10. Export-Import Analysis
9.2.11. Economic Impact Study on The Middle East & Africa Automotive Stainless Steel Tube Market
- South America Automotive Stainless Steel Tube Market, 2017-2030
10.1. South America Automotive Stainless Steel Tube Market size & Forecast, 2017-2030
10.1.1. Demand
10.1.1.1. By Value (USD Billion)
10.1.2. Consumption
10.1.2.1. By Volume (Billion Tons)
10.1.3. Supply/Production
10.1.3.1. By Volume (Billion Tons)
10.2. South America Automotive Stainless Steel Tube Market Share & Forecast, 2017-2030
10.2.1. By Tube Type
10.2.1.1. Welded
10.2.1.2. Seamless
10.2.2. By Vehicle Type
10.2.2.1. Passenger Vehicle
10.2.2.2. Light Commercial Vehicle
10.2.2.3. Medium Commercial Vehicle
10.2.2.4. Heavy Commercial Vehicle
10.2.3. By Steel Grade
10.2.3.1. AISI 300 Series
10.2.3.2. AISI 400 Series
10.2.3.3. Others
10.2.4. By Vehicle Component
10.2.4.1. Drivetrain
10.2.4.2. Fuel Injection
10.2.4.3. Engine and Transmission
10.2.4.4. Exhaust system
10.2.4.5. Others
10.2.5. By Vehicle Component
10.2.5.1. Drivetrain
10.2.5.2. 4 mm to 14 mm
10.2.5.3. 15 mm to 25 mm
10.2.5.4. 26 mm to 40 mm
10.2.5.5. Others
10.2.6. By Country
10.2.6.1. Brazil
10.2.6.2. Argentina
10.2.6.3. Rest of South America
10.2.7. By Price Point Analysis
10.2.8. Company Market Share (Top 3-5)
10.2.9. Manufacturer & Distributor List (Top 5)
10.2.10. Export-Import Analysis
10.2.11. Economic Impact Study on South America Automotive Stainless Steel Tube Market
- Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company profile
11.7.1. Monsanto
11.7.2. Sandvik Group
11.7.3. Nippon Steel & Sumitomo Metal Corporation
11.7.4. ArcelorMittal
11.7.5. ThyssenKrupp
11.7.6. Tubacex
11.7.7. Handytube Corporation
11.7.8. Plymouth Tube Company
11.7.9. Fischer Group
11.7.10. Maxim Tubes Company Pvt. Ltd.
11.7.11. JFE Steel Corporation
11.7.12. ChelPipe
11.7.13. Penn Stainless Products Inc.
11.7.14. Bri-Steel Manufacturing
11.7.15. Centravis
11.7.16. Other Prominent Players
Frequently Asked Questions (FAQ):
The global automotive stainless steel tube market is estimated to reach USD 7.05 Billion by 2030 with a CAGR of 5.03%during the forecast period of 2022-2030, and it was valued at USD 4.18 Billion in 2022.
Environmentally friendly stainless steel includes seamless pipe, industrial pipe, precision pipe, capillary tube, sanitary pipe, stainless steel welded pipe, decorative pipe, square pipe, rectangular pipe, etc. The primary use of stainless steel is the exhaust system, which accounts for more than 1/2 of the total amount of stainless steel used in automobiles, and 80% is ferritin stainless steel.
The growing vehicle demand from emerging economies is expected to boom the global automotive stainless steel tube market in the estimated period. Additionally, the increasing use of high-strength steel in automobiles across the globe leads to the growth of the global automotive stainless steel tube market. In the automobile manufacturing industry, stainless steel materials have high strength, corrosion resistance, relatively light mass, absorb energy stronger than other metal materials after impact, and good safety performance.
The Companies include Sandvik Group, Nippon Steel & Sumitomo Metal Corporation, ArcelorMittal, ThyssenKrupp, Tubacex, Handytube Corporation, Plymouth Tube Company, Fischer Group, Maxim Tubes Company Pvt. Ltd., JFE Steel Corporation, ChelPipe, Penn Stainless Products Inc., Bri-Steel Manufacturing, and Centravis are the key players.
North America is expected to have the largest share in the global automotive stainless steel market.
