North America Welded Steel Tubes Market Scope And Analysis

North America Welded Steel Tubes Market Report Scope

North America Welded Steel Tubes Market Share Analysis

The geographic scope of the welded steel tubes market report offers a detailed country analysis in North America. The US dominated the North America welded steel tubes market in 2023, and it is expected to retain its dominance over the forecast period. The demand for modern infrastructure, industrialization, and growing population are a few of the prominent factors driving the US construction industry. For example, according to the US Commerce Department in August 2023, the US construction industry is experiencing growth with a rise in construction spending. In June 2023, the construction grew by 3.5% on a year-on-year basis. The increasing demand for infrastructure projects, including the construction of bridges, buildings, roads, and public infrastructure, leads to a growing need for strong, durable materials and welded steel tubes. These tubes can be used as horizontal and vertical load-bearing structures, such as columns, beams, trusses, and supports, in high-rise buildings, large factories, bridges, and TV towers. According to the U.S. Energy Information Administration’s Annual Energy Outlook 2023 (AEO2023), total energy consumption in the US will rise from 0% to 15% between 2022 and 2050, owing to economic and population growth, among other factors. The energy sector, particularly the oil and gas and renewable energy industries, is a significant driver for the welded steel tubes market in the country. Pipelines, used for the transportation of oil, natural gas, and water, heavily generate the need for welded steel tubes owing to their strength, corrosion resistance, and ability to handle high pressures. The US has a significant presence of many welded steel tube market players such as UNITED STEEL INDUSTRY CO., LTD; Yieh Corp; etc.

North America Welded Steel Tubes Market Report Coverage and Deliverables

The "North America Welded Steel Tubes Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

• North America welded steel tubes market size and forecast at country levels for all the key market segments covered under the scope
• North America welded steel tubes market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST and SWOT analysis
• North America welded steel tubes market analysis covering key market trends, country framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the North America welded steel tubes market
• Detailed company profiles