FOCUS ON TUBE FORMING
Steel tube from Nucor ..
THE MOVE TO TUBE
In Part One of this article , we highlight a selection of some of the latest global tube and pipe forming innovations , including cutting and bending .
“ In the global industrial tube market , strong competition among key players is driven by technological developments and product innovation .”
In the coming years , according to Dimension Market Research , the industrial tube sector is expected to show significant growth driven by expanding infrastructure projects , advances in materials and manufacturing processes as well as increasing demand across key sectors like energy , automotive and construction . Innovations in sustainability , customisation and digitalisation are expected to reshape the market landscape , supporting better efficiency and performance in industrial applications .
“ Tubing or tubes are hollow cylinders used for fluid transport , structural applications or electrical sheathing , which are mostly cylindrical but may have round , rectangular or square cross-sections . Tubing is specified in terms of outside diameter ( OD ), either rigid or flexible . ‘ Tube ’ and ‘ pipe ’ are nearly interchangeable terms [ in industry parlance ]. Both mainly describe long hollow cylinders of uniform material with a certain amount of rigidity and permanence ,” outlined the analyst .
BLM Group ’ s tube processing technology .
It sees higher requirements for customised and application-specific tubes to meet the unique demands of various industries
It pointed out that fluctuating raw material prices , strict environmental regulations and competition from alternative materials can impact the growth of tube markets . Trends such as the move towards lightweight , high-strength materials , corrosion-resistant coatings and smart technologies , it said , will drive market growth . It anticipated the steel tube segment to dominate the market in
2024 , with the Asia-Pacific region expected to hold a 41.7 % share of revenue in the global industrial tubes market in 2024 .
It also highlighted the rising focus on sustainable practices ( such as the use of recycled materials , energy-efficient production methods and eco-friendly products ) in the market . It sees higher requirements for customised and application-specific tubes to meet the unique demands of various industries ( such as aerospace , automotive and medical ).
“ In the global industrial tube market , strong competition among key players is driven by technological developments and product innovation . Companies are expanding manufacturing capacities to meet rising demand in sectors like oil and gas , automotive , construction and chemicals . Strategic collaborations , mergers , acquisitions and advanced R & D efforts highlight efforts to strengthen market positions and enhance global presence ,” continued the analyst .
44 | ismr . net | ISMR March 2025