Core Viewpoint - The global steam reformer tube market is projected to reach USD 190 million by 2031, with a compound annual growth rate (CAGR) of 4.2% in the coming years [1]. Market Overview - Steam reformer tubes are essential components in the oil refining process, particularly in catalytic cracking (FCC) processes, converting heavy oil into lighter products like gasoline and diesel [1]. - The tubes are made from high-temperature and corrosion-resistant materials, such as alloy steel or nickel alloys, to withstand extreme conditions [1]. - The performance of steam reformer tubes directly impacts the stability of the refining process and the quality of the products [1]. Market Size and Growth - According to QYResearch, the global steam reformer tube market is expected to grow significantly, with a market size of USD 190 million by 2031 and a CAGR of 4.2% [1]. - High-temperature alloy steel tubes dominate the market, accounting for approximately 80% of the total market share [10]. Key Players - The leading manufacturers in the global steam reformer tube market include Schmidt + Clemens, Kubota, and MetalTek, with the top three companies holding about 61% of the market share in 2024 [7]. Application Segmentation - The refining industry is the largest downstream market for steam reformer tubes, holding a 43.4% share [11]. - The demand for high-purity hydrogen and synthesis gas in various sectors, including petrochemicals and fertilizers, is driving market expansion [13]. Regional Insights - The Asia-Pacific region, particularly China and India, is becoming a significant market for steam reformer tubes due to rapid expansion in petrochemical facilities [13]. - Europe and North America are focusing more on technological upgrades and environmental compliance regarding steam reformer tubes [13].

Core Viewpoint - The steam reformer tubes are essential components in the petroleum refining process, particularly in catalytic cracking, and are projected to reach a market size of $190 million by 2031, with a CAGR of 4.2% from 2025 to 2031 [1][12]. Market Overview - The global steam reformer tube market is expected to grow significantly, driven by increasing demand in the oil and gas sector, particularly in catalytic cracking and hydrogen production [12]. - The largest downstream market for steam reformer tubes is refineries, accounting for approximately 43.4% of the market share [10][12]. Key Manufacturers - Major manufacturers in the global steam reformer tube market include Schmidt + Clemens, Kubota, and MetalTek, with the top three companies holding about 61.0% of the market share in 2024 [7][13]. Product Segmentation - High-temperature alloy steel tubes are the dominant product type, representing around 80.0% of the market share, while nickel-based alloy tubes are experiencing rapid growth [9][12]. Regional Insights - The Asia-Pacific region, particularly China and India, is becoming a significant market for steam reformer tubes due to the rapid expansion of petrochemical facilities [12]. - Europe and North America are focusing more on technological upgrades and environmental compliance regarding steam reformer tubes [12].