Surge in Demand for New Energy Drives New Opportunities for Precision Steel Tubing Industry

Amidst the global energy transition, demand for precision steel tubing within the new energy sector continues to grow. Data from a hydrogen energy research institute indicates a significant year-on-year increase in demand for precision steel tubing in hydrogen storage and transportation systems, as well as photovoltaic mounting systems. Within the hydrogen energy field, precision steel tubing has become the material of choice for manufacturing high-pressure hydrogen storage cylinders due to its exceptional resistance to high pressure and corrosion. Within the photovoltaic industry, precision steel tubes are extensively utilised in tracking support systems, enhancing system stability and power generation efficiency. Industry analysts predict that with technological advancements and expanding application scenarios, the use of precision steel tubes in the new energy sector will further expand, creating new growth opportunities for the industry.