Analysis of the market prospects of the hot -dip galvanized pipe in 2024
Current situation of hot-dip galvanized pipe market
Market size: In recent years, the market size of hot-dip galvanized pipes has shown a steady growth trend. According to the "2024-2029 China hot-dip galvanized square tube industry operation survey and investment prospect research report", the market size of hot-dip galvanized steel pipes in China has reached 3.9 billion yuan in 2023, with a compound annual growth rate of over 10%. This shows that hot-dip galvanized pipes have a wide range of applications and market demand continues to grow.
Competitive landscape: Currently, the hot-dip galvanized pipe market is fiercely competitive, mainly manifested in two aspects: price competition and brand competition. Due to strong market demand, some companies adopt low price strategies to compete for market share, resulting in a general decrease in product prices. At the same time, brand competition is also fierce, and companies attract customers by improving product quality, strengthening after-sales service, and other means.
Enterprise revenue: Listed companies mainly include Youfa Group and Jinzhou Pipeline. In terms of revenue, both Youfa Group and Jinzhou Pipeline maintained a growth trend in their total operating revenue in 2022, with 66.87 billion yuan in 2022, an increase of 18.45 billion yuan from 2021. Youfa Group's total operating revenue from January to September 2023 has reached 52.36 billion yuan; The total operating revenue of Jinzhou Pipeline in 2022 reached 7.043 billion yuan, an increase of 1.933 billion yuan from 2021. The total operating revenue of Jinzhou Pipeline from January to September 2023 has reached 4.536 billion yuan.
Market prospects of hot-dip galvanized pipes
Construction industry demand: The construction industry is one of the main markets for hot-dip galvanized pipes, used for building structures and piping systems. With the acceleration of urbanization and the increasing demand in emerging markets, the development of the construction industry will have a significant impact on market demand.
Manufacturing demand: Hot dip galvanized pipes are widely used in the manufacturing industry to transport liquids, gases, and solid substances. Analysis of the market prospects for hot-dip galvanized pipes indicates that with the development of global manufacturing and industrialization, the demand for hot-dip galvanized pipes is expected to continue to grow.
Energy industry demand: Hot dip galvanized pipes have important applications in oil and gas transportation, mineral resource extraction, and other fields. Therefore, investment and project development in the energy industry will have a significant impact on market demand.
Policies and environmental requirements: The government's requirements for environmental protection and safety may affect the market demand for hot-dip galvanized pipes. For example, some countries may introduce policies to reduce carbon emissions and promote the development of renewable energy, which may change the market demand for different types of pipes.
International trade situation: The changes in the international trade situation will also affect the hot -dip galvanized pipe market. For example, factors such as trade war and tariff policies may lead to market price fluctuations and affect market supply and demand relationships.
In general, the market prospect of the hot -dip galvanized pipe depends on the needs of industries such as construction, manufacturing and energy, as well as factors such as policies, environmental protection and international trade. Considering these factors, the hot -dip galvanized pipe market may maintain a stable growth trend in the future.