Global Automotive Plain Carbon ERW Tubes Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Application;

Frames, Suspension, Exhaust, and Others.

By Vehicle Type;

Passenger Car and Commercial Vehicle.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn898371345 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automotive Plain Carbon ERW Tubes Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Plain Carbon ERW Tubes Market was valued at USD 4,716.98 million. The size of this market is expected to increase to USD 6,291.27 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

The global automotive plain carbon ERW (Electric Resistance Welded) tubes market serves as a critical component within the automotive industry, providing structural support and fluid transportation solutions in vehicles. These tubes, manufactured through the ERW process, offer a cost-effective and efficient means of producing high-quality carbon steel tubes with consistent dimensions and mechanical properties. In automotive applications, plain carbon ERW tubes find extensive use in various systems, including chassis, exhaust, fuel delivery, and cooling systems, where their strength, durability, and corrosion resistance are essential for ensuring vehicle performance and reliability.

The global automotive plain carbon ERW tubes market is the growing demand for lightweight and fuel-efficient vehicles, which has prompted automotive manufacturers to adopt advanced materials and manufacturing techniques to reduce vehicle weight and improve fuel economy. Plain carbon ERW tubes, known for their high strength-to-weight ratio and formability, offer an ideal solution for lightweighting initiatives without compromising structural integrity or safety. Additionally, stringent emissions regulations and sustainability goals have further fueled the adoption of plain carbon ERW tubes in exhaust and emissions control systems, where their resistance to high temperatures and corrosive environments is crucial for compliance and longevity.

The automotive industry's ongoing shift toward electric and hybrid vehicles presents new opportunities for the global automotive plain carbon ERW tubes market. As electric powertrains become increasingly prevalent, the demand for lightweight, durable, and corrosion-resistant components, including plain carbon ERW tubes, is expected to rise. These tubes play a vital role in battery cooling systems, electrical conduits, and structural frameworks for electric vehicle platforms, supporting the transition toward cleaner and more sustainable mobility solutions. By leveraging advancements in material science, manufacturing processes, and product innovation, stakeholders in the global automotive plain carbon ERW tubes market can address evolving customer needs, regulatory requirements, and market trends, positioning themselves for growth and competitiveness in the dynamic automotive industry landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Region
  4. Global Automotive Plain Carbon ERW Tubes Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Focus on Fuel Efficiency
        2. Rising Disposable Income
        3. Innovations in Tube Manufacturing
        4. Shift Towards Sustainable Materials
      2. Restraints
        1. High Manufacturing Costs
        2. Slow Adoption of Electric Vehicles
        3. Trade Tariffs and Trade Barriers
        4. Limited Technological Advancements
      3. Opportunities
        1. Demand for Sustainable Materials
        2. Expansion of Automotive Infrastructure
        3. Strategic Partnerships and Collaborations
        4. Investment in Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Plain Carbon ERW Tubes Market, By Application, 2020 - 2030 (USD Million)
      1. Frames
      2. Suspension
      3. Exhaust
      4. Others
    2. Global Automotive Plain Carbon ERW Tubes Market, By Vehicle Type, 2020 - 2030 (USD Million)
      1. Passenger Car
      2. Commercial Vehicle
    3. Global Automotive Plain Carbon ERW Tubes Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. JFE Steel Corporation
      2. AK Steel Corporation
      3. Innoventive Industries Limited
      4. Hyundai - Steel
      5. NIPPON STEEL CORPORATION
      6. Tata Steel
      7. Jindal Pipes Limited
      8. ArcelorMittal Jubail
  7. Analyst Views
  8. Future Outlook of the Market

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