North America Seamless Heat Exchanger Tubing Market Worth USD 1.07 Billion by 2020
PUNE, India, January 21, 2016 /PRNewswire/ --
According to the new Market Research Report "North America Seamless Heat Exchanger Tubing Market By Type (Copper Alloy Tubes, Austenitic Steel Tubes, Duplex Steel Tubes, Ni-Alloy Tubes), By End User (Chemicals, Petrochemicals, HVAC & Refrigeration, Food & Beverages, Oil & Gas, Power Generation, Others), By Geography (U.S., Canada, Mexico) - Analysis & Forecast to 2020", the North America seamless heat exchanger tubing market was at USD 752.5 million in 2014 and is projected to reach USD 1.07 billion by 2020, at a CAGR of 6.0% during the forecast period 2015 to 2020..
Browse through the TOC of North America Seamless Heat Exchanger Tubing Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
Early buyers will receive 10% customization on this report.
The North American seamless heat exchanger tubing market is a highly competitive market. This market is expected to witness growth during the forecast period, owing to increased demand for seamless heat exchanger tubes in various end user industries, such as chemicals, petrochemicals, and oil & gas, among others. Among end users, the chemicals segment led the North American seamless heat exchanger tubes market in 2014 and accounted for a market share of 28.7%. The power generation segment of North American seamless heat exchanger tubing market is projected to witness growth during the forecast period as thermal power is still a major source of energy in the North American region. The U.S. led the North American seamless heat exchanger tubing market in 2014. The seamless heat exchanger tubing market in Mexico is expected to witness growth during the forecast period as several major industries have started outsourcing their manufacturing operations. Factors, such as increase in the usage of cost-effective welded tubes in various end user industries are expected to restrain the growth of the North American seamless heat exchanger tubes market during the forecast period.
For more Inquiries: http://www.micromarketmonitor.com/contact/2626999774-inquery_before_buy.html
Investments and expansions were among key strategies adopted by the leading players to strengthen their position in the North American seamless heat exchanger tubing market. Companies, associations, and end product manufacturers have been infusing high investments to carry out advancements and technological modifications in the seamless heat exchanger tubes to cater to the changing requirements of various end user industries. Austenitic and duplex steels are widely used for manufacturing seamless heat exchanger tubes as they exhibit optimum performance and are available in various grades. The seamless heat exchanger tubes made of Ni-alloys are expensive and are used in extreme applications.
Key Players of the North America Seamless Heat Exchanger Tubing Market include:
Sandvik AB, VALLOUREC, JFD Tube & Coil Products, Inc., Webco Industries, Inc., TUBACEX S.A., OSTP, Penn Stainless, and Langley Alloys Ltd., among others and so on.
The North American seamless heat exchanger tubing market report covers important developments, expansions, agreements, and mergers & acquisitions adopted the key players to strengthen their position in the market.
Related Reports:
Some of the other related reports are
- North America Heat Exchangers Market - North America market for heat exchangers was estimated at $ 4.0 billion in 2014 and is expected to grow at a CAGR of 6.4% from 2014 to 2019.
- Europe Heat Exchangers Market - With a market value of $2,054.28 million, Shell & tube has been contributing maximum share towards the total European heat exchanger industry. The market is estimated to reach $6,983.9 million by 2019, at a CAGR of 4.7%, for the given period.
- Asia-Pacific Heat Exchangers Market - Asia-Pacific's heat exchanger market was valued at $2,869.21 million in 2013 and is estimated to reach $4,842.43 million by 2019, at a CAGR of 10.6%
Report Subscription:
MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Chemicals and Advanced Materials industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Chemicals and Advanced Materials industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.
http://www.micromarketmonitor.com/offerings/subscription
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Contact:
Mr. Chandrasekhar K.
UNIT no 802, Tower No. 7, SEZ
Magarpatta City, Hadapsar
Pune, Maharashtra 411013,
India.
Tel: +1-888-502-0539
Email: sales@micromarketmonitor.com
Share this article