The stainless steel pipe market is one of the most important segments of the whole stainless steel global market. In recent years the production and consumption of stainless steel products have risen due to expansion of oil & gas market and development of hydraulic business projects.There is a growth in stainless steel market volumes of (production, imports, exports, apparent consumption) among Middle Eastern countries. Countries such as Iran, Qatar, Saudi Arabia, United Arab Emirates etc are some of the leading middle eastern markets for stainless steel pipe products. According to the stainless steel market statistics in 2019, stainless steel utilization among middle eastern countries show a slight growth when compared with other regional markets.
As per the World Steel Association research statistics Asia and South East Asia was the only region to experience capacity utilization above 80 percent, reaching 80.1 percent in 2011 when it comes to steel product utilization. Countries such as Singapore, Malaysia, Indonesia, Thailand and Philippines are tend to consume many stainless steel products due to the expansion of mega regional construction projects over the past few years. As per the research data, Asia has the he largest increase in steel imports between 2005 and 2016, (up 19.6 million metric tons) surpassing all other markets.
Advantages of using Stainless Steel Pipes
Stain and corrosion resistant: hromium content is more than 18%, and also contains about 8% nickel and a small amount of molybdenum, titanium, nitrogen and other elements. Stainless steel pipes have good plasticity, toughness, weldability, corrosion resistance, no magnetism or weak magnetism. It is used to make acid-resistant equipment such as corrosion-resistant containers and equipment lining, transportation pipelines, nitric acid-resistant equipment parts, etc.
Strength and versatility: Stainless steel can handle extreme temperatures. By adding different materials to stainless steel allows for thinner pipe walls and less material which means less added weight to the finished product making it ideal for many commercial and industrial uses.
Quality appearance: stainless steel pipe and fittings are an excellent choice for commercial establishments as the material has a naturally shiny and elegant look.
Sino East Steel Enterprise Co., Ltd. as a leading China steel products manufacturer specialized in production of high quality steel series products and located in Tianjin；provide Galvanized Steel Pipe、Stainless Steel Pipe、Seamless steel pipe、Square bar steel、 Steel Wire.