Instrumentation Tubing Market by End-users and Geography - Forecast and Analysis 2020-2024

Instrumentation Tubing Market by End-users and Geography - Forecast and Analysis 2020-2024

Global Instrumentation Tubing Market: About this market

Technavio’s instrumentation tubing market analysis considers sales from both process industry and discrete industry end-users. Our study also finds the sales of instrumentation tubing in APAC, Europe, MEA, North America, and South America. In 2019, the process industry segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the high installed base of field instruments will play a significant role in the process industry segment to maintain its market position. Also, our global instrumentation tubing market report looks at factors such as rising adoption of instrumentation and control solutions, the gradual recovery of upstream oil and gas activities, and the presence of stringent government regulations related to safety. However, a high need for maintenance, the slowdown in manufacturing output, and fluctuations in metal prices may hamper the growth of the instrumentation tubing industry over the forecast period.

Global Instrumentation Tubing Market: Overview

Rising adoption of instrumentation and control solutions

Instrumentation and control solutions are extensively being used in the process and discrete manufacturing industries to boost operational efficiency and enhance production. This is driving the demand for instrumentation tubing as they are used to connect various instrumentation systems such as pressure gauges, valves, pressure switches, and flow monitoring devices. Instrumentation tubing ensures the effective performance of instrumentation systems and helps in minimizing the overall production cost. Thus, the rising adoption of instrumentation and control solutions will lead to the expansion of the global instrumentation tubing market at a CAGR of almost 5% during the forecast period.

Preference of metals in additive manufacturing

Additive manufacturing, which is also known as 3D printing, is a manufacturing technology that is used to build 3D objects from computer-aided design models. The technology reduces the waste produced while manufacturing components, and thus, it reduces manufacturing cost. It can be used to develop and manufacture products with intricate design and uniform strength. The metal and metalworking industry is highly adopting additive manufacturing techniques to manufacture various components such as metal racks, condenser tubes, and other tubing components. Vendors such as Sandvik are launching improved materials such as titanium powder for reliable and consistent 3D printing applications. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global instrumentation tubing market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global instrumentation tubing market is highly fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading instrumentation tubing manufacturers, that include AMETEK Inc., Nippon Steel Corp., Parker-Hannifin Corp., Salzgitter AG, Sandvik AB, Smith-Cooper International Inc., SURAJ Ltd., Swagelok Co., TUBACEX SA, and Webco Industries Inc.

Also, the instrumentation tubing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global industrial machinery market
      • Table Segments of global industrial machinery market
    • Value chain analysis
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Vendors: Key product offerings
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by end-user
    • Table End-user - Market share 2019-2024 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Process industry - Market size and forecast 2019-2024
      • Table Process industry - Market size and forecast 2019-2024 ($ millions)
      • Table Process industry - Year-over-year growth 2020-2024 (%)
    • Discrete industry - Market size and forecast 2019-2024
      • Table Discrete industry - Market size and forecast 2019-2024 ($ millions)
      • Table Discrete industry - Year-over-year growth 2020-2024 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Price fluctuations per ton of steel between August 2018 and April 2019 (in $)
      • Table Impact of drivers and challenges
  • Market Trends
    • Preference for metals in additive manufacturing
    • Changing regulations
    • Advances in tube-manufacturing techniques
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AMETEK Inc.
      • Table AMETEK Inc. - Vendor overview
      • Table AMETEK Inc. - Business segments
      • Table AMETEK Inc. - Organizational developments
      • Table AMETEK Inc. - Geographic focus
      • Table AMETEK Inc. - Segment focus
      • Table AMETEK Inc. - Key offerings
    • Nippon Steel Corp.
      • Table Nippon Steel Corp. - Vendor overview
      • Table Nippon Steel Corp. - Business segments
      • Table Nippon Steel Corp. - Organizational developments
      • Table Nippon Steel Corp. - Segment focus
      • Table Nippon Steel Corp. - Key offerings
    • Parker-Hannifin Corp.
      • Table Parker-Hannifin Corp. - Vendor overview
      • Table Parker-Hannifin Corp. - Business segments
      • Table Parker-Hannifin Corp. - Organizational developments
      • Table Parker-Hannifin Corp. - Geographic focus
      • Table Parker-Hannifin Corp. - Segment focus
      • Table Parker-Hannifin Corp. - Key offerings
    • Salzgitter AG
      • Table Salzgitter AG - Vendor overview
      • Table Salzgitter AG - Business segments
      • Table Salzgitter AG - Organizational developments
      • Table Salzgitter AG - Geographic focus
      • Table Salzgitter AG - Segment focus
      • Table Salzgitter AG - Key offerings
    • Sandvik AB
      • Table Sandvik AB - Vendor overview
      • Table Sandvik AB - Business segments
      • Table Sandvik AB - Organizational developments
      • Table Sandvik AB - Geographic focus
      • Table Sandvik AB - Segment focus
      • Table Sandvik AB - Key offerings
    • Smith-Cooper International Inc.
      • Table Smith-Cooper International Inc. - Vendor overview
      • Table Smith-Cooper International Inc. - Product segments
      • Table Smith-Cooper International Inc. - Organizational developments
      • Table Smith-Cooper International Inc. - Key offerings
    • SURAJ Ltd.
      • Table SURAJ Ltd. - Vendor overview
      • Table SURAJ Ltd. - Business segments
      • Table SURAJ Ltd. - Key offerings
    • Swagelok Co.
      • Table Swagelok Co. - Vendor overview
      • Table Swagelok Co. - Business segments
      • Table Swagelok Co. - Organizational developments
      • Table Swagelok Co. - Key offerings
    • TUBACEX SA
      • Table TUBACEX SA - Vendor overview
      • Table TUBACEX SA - Business segments
      • Table TUBACEX SA - Organizational developments
      • Table TUBACEX SA - Geographic focus
      • Table TUBACEX SA - Key offerings
    • Webco Industries Inc.
      • Table Webco Industries Inc. - Vendor overview
      • Table Webco Industries Inc. - Business segments
      • Table Webco Industries Inc. - Organizational developments
      • Table Webco Industries Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook