Does the growth of natural gas consumption have an impact on the insulated line set have slit market

International Energy Agency: LNG demand will remain in short supply

Global trade in liquefied natural gas (LNG) reached 377 million tons in 2021, up 6% year on year, according to the latest global gas trade data released by the International Energy Agency (IEA). But that growth is likely to be slowed by tight LNG supplies and slower demand growth, the IEA said, forecasting global LNG trade at 392 million tonnes in 2022, a growth rate of just 4%.

Asia still main engine for growth

According to the DATA released by the IEA, in 2021, the global natural gas trade rebounded significantly from the economic downturn in 2020, with global natural gas consumption rising by 4.6% year-on-year, offsetting the decline in 2020 and bringing global natural gas consumption to an all-time high. Among them, the total volume of international LNG trade and long-distance natural gas transportation trade increased by more than 9% year on year, setting a record of the highest increase in history.

Data show that in 2021, Asian natural gas demand is on a steady growth trend, up to 7% year on year. Among them, the countries in Northeast Asia are the "main force" of natural gas consumption, with the increase in natural gas demand accounting for more than 82% of the net growth in Asia. China, Japan, India, South Korea and other emerging economies all saw their natural gas consumption increase to varying degrees.

Steel processing industry - Current status of the insulated line set have slit

Growth in the construction, automotive and consumer insulated line set have slit has played a big role in providing the needed boost to the global steel processing industry. The global steel processing industry is projected to grow at a CAGR of 6.86% between 2020 and 2026. Alloy steel is the fastest-growing segment of the global steel processing market and is suitable for all applications.

Metal and Steel Processing Industry - the insulated line set have slit market distribution

The insulated line set have slit market has been segmented in terms of value and volume based on steel shape, steel type, end-user and region. Segments by steel shape include flat, long and tube steel. The division by type of steel includes alloy and carbon steel. Applications include construction, shipping, energy, packaging, consumer electronics, housing, automotive, etc. The regional segment includes insulated line set have slit market size and shares in North America, Europe, Asia Pacific, Latin America and other regions.

Does the growth of natural gas consumption have an impact on the insulated line set have slit market?

In addition, the consumption of natural gas in Europe, North America and South America has also seen a certain increase. According to the IEA, European gas consumption rose significantly in the first half of 2021 but declined in the third quarter as European gas prices soared, maintaining a year-on-year growth rate of 5.5% for the whole year. In North America, gas demand in 2021 is only slightly higher than in 2020, up about 0.9% year over year. Among them, natural gas consumption in the US is basically the same as in 2020 and has not yet recovered to pre-PANDEMIC levels. In South America, Brazil, Argentina, Peru, Chile and other countries have seen significant growth in natural gas consumption. Among them, Brazils natural gas demand in the January-September 2021 increased by 23% year-on-year, making it the country with the fastest growth in natural gas consumption in 2021.

If you have any questions about the insulated line set have slit or want to seek our help. Send an email to info@txmachinery.net，please feel free to contact us.

Metal and Steel Processing industry – the insulated line set have slit market demand

Market demand for steel processing is expected to grow by us $642.43 billion by 2020, with a CAGR of 2.16% from 2015 to 2020. Growth in the global construction, consumer electronics and automotive industries has played a huge role in providing the necessary momentum for the global steel processing industry after the economic slowdown of 2007-2009. In addition, the reduction of alternatives to steel has made steel an indispensable part of customers lives. The recovery of the global insulated line set have slit economy will also boost demand in the steel processing market.

The Asia-pacific region is expected to become the fastest-growing region in the steel processing market from 2015 to 2020. Major players in steel processing prefer agreements, contracts, joint venture and partnership strategies as well as expansion and investment to gain a larger share of the market. Leading insulated line set have slit providers of steel processed products and services are focusing on emerging countries that are expected to show potential for industrial development in the near future.

Metal and Steel Processing Industry - Future planning of the insulated line set have slit

The steel processing market is a highly fragmented one due to the huge demand for environmentally friendly products and changing technologies. Large companies rely on regional and local distributors to increase their market share and geographic distribution. The company is pursuing inorganic growth strategies such as acquisitions to respond to the growing demand for steel processing in key emerging markets. These strategies have helped the company build a larger customer and partner base in key insulated line set have slit markets.

The application needs of steel processing are constantly changing and manufacturers must continue to invest in RESEARCH and development and come up with innovative solutions.

Steel deep processing is the only way for the development of the insulated line set have slit steel industry. Chinas steel production is in the stage of oversupply, structural contradictions are: advanced production capacity and backward production capacity coexist; The shortage of high-end products and the surplus of low-end products coexist; Industrial concentration is poor.

Leading manufacturer of metallic processing machines, the insulated line set have slit supplier

Foshan Te Xiang Machinery Co., Ltd is a China leading manufacturer of metallic processing machines, including slitting line, cut to length line, stainless steel polishing line, ERW tube mill line, roll forming machines, embossing line and etc.

Thanks to the experience acquired in many years of business in the field of sheet metal processing, and the continuous collaboration with downstream manufacturers that demand reliability and the maximum productivity, we have developed various types of cut to length line machines for special applications, with solutions at the forefront of technology, and able to reduce the production costs of the end product. TX CTL line can be incorporated with air cushioned, bomb-door type stackers, computer controlled high-precision 4 HI and 6 HI levellers, edge trimmer and etc.

According to the dimensions, thickness of the material, and production capacity, TX cut-to-length cutting lines can be divided into various types:

1)start-stop shear CTL line;

2)flying shear CTL line;

3)rotary shears CTL line ;

4)trapezoidal shear CTL line;

5)heavy gauge CTL line;

6)flat bar cut to length line

If you have any questions about the insulated line set have slit or want to seek our help. Send an email to info@txmachinery.net，please feel free to contact us.