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Synopsis
The global market for Reformer Tubes was estimated to be worth US$ 132 million in 2024 and is forecast to a readjusted size of US$ 186 million by 2031 with a CAGR of 4.6% during the forecast period 2025-2031.
Reformer tubes are heat-resistant cast alloy tubes used in steam reformer furnaces for producing hydrogen, an essential material for such processes as desulfurization at petroleum refining plants, ammonia synthesis for fertilizer production, methanol production, and direct reduced iron production.
The Asia-Pacific region, especially China and India, has become an important market for reformer tubes due to the rapid expansion of petrochemical facilities. Europe and North America, on the other hand, are more concerned about the technical upgrades and environmental compliance of reformer tubes.
Schmidt + Clemens, Kubota, MetalTek, Manoir Industries, Gaona Aero Material, Shanghai Supezet, Jiangsu Kuboln Industrial, Paralloy and Sichuan Huaxing are the key manufactures in the global Reformer Tubes market. Among them, Schmidt + Clemens is the largest manufacturer, its revenue share of global market exceeds 22.23% in 2023. The market concentration is high, top five players accounted for about 71.52% of the world's revenue share.
Due to the harsh working environment of the reformer, the research and development trend of reformer tube materials is gradually developing towards high-temperature, corrosion-resistant materials, such as high-nickel alloys and stainless steel. With the development of these new materials, product performance and service life are improved.
This report aims to provide a comprehensive presentation of the global market for Reformer Tubes, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Reformer Tubes by region & country, by Type, and by Application.
The Reformer Tubes market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Reformer Tubes.
Market Segmentation
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Published By : QY Research