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Global Stainless Steel Welded Pipes Market: Development History, Current Analysis and Estimated Forecast to 2025

Stainless steel is an iron-based alloy that usually contains chromium and other elements that enhance material properties. Stainless steel offers high resistance to corrosion and oxidation at higher temperatures. This particular property can be attributed to the amount of chromium present in the alloy and owing to this particular property, steel products, such as pipes and tubes, are widely used in a variety of applications in many end-use industries. Stainless steel pipes are generally of two types: welded pipes and seamless pipes. Generally, more than 90% of the stainless steel pipes consumed are welded ones. Low cost and ease of manufacturing are the key reasons responsible for higher popularity of welded pipes over seamless pipes.

From a regional perspective, the Stainless Steel Welded Pipes market in the Asia Pacific region is anticipated to dominate the market in terms of volume and value demand. The market in the region is expected to be significantly driven by demand from developing nations, such as India and China. China, in the global market, is anticipated to dominate the market in terms of volume and value, which can be mainly attributed to the presence of a majority of stainless steel welded pipes manufacturers and consumers. Moreover infrastructural developments in the country are also creating healthy demand for stainless steel welded pipes.

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