A recent forecast of the outlook for the ERW pipes and tubes market for the next decade is very positive for producers. It estimates steady growth around the world on the back of more demand in a number of key sectors. We want to take a closer look here, focusing on the predictions for the UK. Then, if you want to order products from the top supplier of ERW steel tubes in the West Midlands, you can trust us.
Overall growth
The headline figure from the forecast is that, between 2025 and 2035 the compound annual growth rate (CAGR) for the global ERW market is 5.2%. However, the estimate is the UK will be slightly slower than this rate at 4.7%.
It is interesting here to look at the growth in different parts of the world. The estimate is the UK will lag behind a number of countries, including the China, the US, Australia/New Zealand, and Germany (6.2%, 5.8%, 5.0%, and 4.9% respectively). However, growth will be higher than a number of others, such as France, Italy, and Japan (4.6%, 4.5%, and 4.3%).
A number of crucial factors impact the growth of the ERW market in different countries. This includes energy and raw material prices, trading strategies, and political backing for infrastructure and industry.
Key growth drivers
The UK is in the midst of some really big changes. The current Government is focusing on getting Britain building to provide more housing and new infrastructure. ERW tube and pipe is useful for various applications here. We’re happy to support clients, offering the highest quality ERW steel tubes in the West Midlands.
One of the major focuses in the UK is to secure energy supplies in the future and reduce our carbon footprint. The location creates fantastic opportunities for hydrogen, wind, hydro, and other renewable energy projects. As a result, there is demand for ERW steel tubes, including for offshore.
The drive to improve infrastructure in the UK is crucial too. There are lots of different projects at play here, including new roads, train lines, water lines, hospitals, schools, and more. Again ERW tubes are fantastic for various projects.
Interestingly, there is also a lot of support from the Government to encourage people to choose domestic products. There is always a risk of cheaper products from countries like China. However, the incentives make British tube more attractive. Crucially, it can have much better green credentials because it doesn’t need to be shipped as far. This reduces the carbon footprint.
Talk to us if you want ERW steel tubes in the West Midlands
Union Steel Tubes has become one of the top providers of ERW tubing in the UK because we set very high standards. Our goal is to maximise quality while providing the widest selection of products. Most importantly, we work to ensure tube is strong, has tight tolerances, and has minimal chance of defects. All of this benefits our clients, adding significant value to their projects.
If you want to order the best ERW steel tubes in the West Midlands, speak to us. We can give you details of the various options, including shapes, sizes, wall thicknesses, and finishes. In addition, if you need advice about specific applications, we’d be happy to share our knowledge and provide tips.
