Electric Resistance Welded Steel Pipe Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 14.8 Billion by 2030, growing at a CAGR of 4.4% from 2024 to 2030.
The Electric Resistance Welded (ERW) steel pipe market is experiencing notable growth due to its increasing applications across various industries. ERW pipes are made by welding together steel strips using an electric current, and they offer high strength, reliability, and cost-effectiveness, making them ideal for a wide range of applications. The market is segmented by application, with key sectors such as Oil & Gas, Construction, Utilities, and Others playing a major role in its growth. These sectors are driving demand for ERW pipes due to their robustness, versatility, and ease of installation.
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The oil and gas industry is one of the largest and most important applications of Electric Resistance Welded (ERW) steel pipes. ERW pipes are widely used in the transportation of oil, natural gas, and other fluids due to their durability and resistance to corrosion. They are particularly preferred for the construction of pipelines, drilling rigs, and other infrastructure in this sector. The global demand for energy and the development of oil and gas reserves in remote locations contribute to the growing need for ERW pipes, as they can withstand high pressure and extreme temperatures.
Additionally, ERW steel pipes are used for both upstream and downstream oil and gas operations. In upstream applications, such as exploration and production, ERW pipes are critical for transporting crude oil and gas from extraction sites to refineries. In downstream applications, they are used in the distribution of refined products to various consumer locations. With the ongoing expansion of oil and gas infrastructure globally, the ERW steel pipe market in this sector is expected to continue to expand, driven by increasing demand for energy and growing investments in oil and gas pipelines.
The construction industry represents another significant segment of the Electric Resistance Welded (ERW) steel pipe market. These pipes are essential components in the construction of buildings, bridges, roads, and other infrastructure projects. ERW pipes are used in structural frameworks, plumbing systems, and for mechanical support in various applications due to their strength and cost-efficiency. Their ability to withstand the pressure from various loads and resist corrosion makes them an ideal choice for construction projects, especially in large-scale commercial and residential buildings.
Moreover, ERW steel pipes are used in the construction of water supply and drainage systems, heating and ventilation systems, and electrical conduits. The growth of urbanization, infrastructure development, and industrialization across emerging economies is expected to significantly drive demand for ERW pipes in construction applications. As governments invest in large infrastructure projects and urban development, the ERW steel pipe market in construction is likely to expand, further driving innovation in pipe manufacturing and their application in the sector.
The utilities sector is another major application area for Electric Resistance Welded (ERW) steel pipes, primarily in the transportation of water, gas, and sewage. These pipes are crucial in the construction of water treatment plants, natural gas distribution networks, and sewage systems. The strength and reliability of ERW pipes make them a preferred choice for the utilities industry, which demands materials that can handle high pressures and provide long-term durability in critical infrastructure projects. As urbanization increases, the need for modern utility networks and upgrades to aging infrastructure drives the demand for ERW pipes in this sector.
Furthermore, ERW pipes are used in district heating and cooling systems, which are becoming increasingly popular in large cities. The rise in smart cities, water conservation projects, and the push for sustainable energy sources further promote the use of ERW pipes in the utilities sector. These pipes are particularly beneficial for large-scale distribution networks, where low maintenance and long-lasting performance are required. As global investments in water and energy infrastructure continue to rise, the ERW steel pipe market within utilities is poised for steady growth.
Besides the major sectors of Oil & Gas, Construction, and Utilities, Electric Resistance Welded (ERW) steel pipes have various other applications in industries such as automotive, industrial equipment, agriculture, and telecommunications. In the automotive industry, ERW pipes are used for chassis, roll cages, and exhaust systems due to their high strength and lightweight properties. These pipes offer enhanced safety, durability, and resistance to extreme conditions, making them a preferred material for critical automotive applications. The growing demand for automotive manufacturing and vehicle safety standards also drives the adoption of ERW pipes in this sector.
Additionally, ERW pipes are employed in industrial equipment such as heat exchangers, pressure vessels, and manufacturing systems. Their versatility and cost-efficiency make them suitable for use in various industrial machinery and equipment. The rise of advanced manufacturing techniques, particularly in emerging economies, also drives the growth of ERW pipes in these sectors. The global expansion of industries such as telecommunications and agriculture is expected to lead to further adoption of ERW pipes in these diverse applications, fueling the growth of the market in the "Others" segment.
The Electric Resistance Welded (ERW) steel pipe market is evolving with several key trends shaping its future. One of the most prominent trends is the increasing demand for high-performance materials. With industries such as oil and gas, construction, and utilities requiring pipes that can withstand extreme conditions, there is a growing emphasis on innovation in pipe manufacturing to enhance strength, durability, and resistance to corrosion. Advanced technologies such as automated welding processes and the use of advanced coatings are leading to improvements in the performance and cost-effectiveness of ERW pipes.
Another key trend is the growing emphasis on sustainability. As the world focuses on reducing its carbon footprint and improving environmental impact, the demand for eco-friendly materials in various industries is on the rise. ERW steel pipes, due to their recyclability and long service life, are increasingly seen as a sustainable choice. This trend is expected to gain traction in sectors such as construction and utilities, where the shift towards greener infrastructure and energy-efficient systems is gaining momentum. Moreover, the ongoing adoption of smart city initiatives is likely to drive further growth in the demand for sustainable ERW pipes in urban infrastructure projects.
The Electric Resistance Welded (ERW) steel pipe market offers several opportunities for growth and development, driven by the increasing demand for energy, infrastructure, and industrial expansion. One of the major opportunities lies in the expansion of pipeline networks for oil, gas, and water distribution. As global demand for energy continues to rise, there will be an ongoing need for new pipelines and upgrades to existing infrastructure. Additionally, the growing trend of urbanization in developing regions presents an opportunity for ERW pipes in the construction of residential and commercial buildings, transportation systems, and utilities.
Furthermore, technological advancements present another avenue for growth. The integration of advanced materials, coatings, and manufacturing techniques allows for the production of higher-quality, more durable ERW pipes that meet the specific needs of various applications. The development of smart pipeline systems, which use sensors to monitor pressure and detect leaks, presents an opportunity for ERW pipes to be integrated into next-generation energy and water distribution systems. As industries continue to embrace innovation, the ERW steel pipe market is likely to experience continued growth in the coming years.
1. What are Electric Resistance Welded (ERW) steel pipes?
ERW steel pipes are made by welding steel strips using an electric current, offering high strength and cost-effectiveness.
2. Why are ERW pipes used in the oil and gas industry?
ERW pipes are preferred in oil and gas pipelines due to their durability, resistance to corrosion, and ability to handle high pressure.
3. What are the key applications of ERW pipes in construction?
ERW pipes are used in building structures, plumbing systems, water supply, and drainage in construction projects.
4. How does ERW steel compare to other pipe manufacturing methods?
ERW steel pipes are more cost-effective and suitable for a variety of applications compared to welded or seamless pipes.
5. What industries are driving the demand for ERW pipes?
The oil & gas, construction, utilities, automotive, and industrial sectors are major contributors to the demand for ERW pipes.
6. What are the key trends in the ERW steel pipe market?
Key trends include advancements in manufacturing technology, sustainability, and growing demand for high-performance pipes.
7. Are ERW pipes used in water distribution networks?
Yes, ERW pipes are widely used in water distribution, sewage, and utility infrastructure due to their strength and durability.
8. What is the future outlook for the ERW steel pipe market?
The market is expected to grow due to increasing demand from energy, construction, and utilities sectors, along with technological innovations.
9. Can ERW pipes be used in the automotive industry?
Yes, ERW pipes are used in automotive manufacturing for chassis, exhaust systems, and roll cages due to their strength and lightweight properties.
10. What is the environmental impact of ERW steel pipes?
ERW steel pipes are recyclable and durable, making them a more sustainable choice compared to other materials in many industries.
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Welspun
Jindal SAW Ltd.
EUROPIPE GmbH
EEW Group
Baoji Petroleum Steel Pipe
OMK
JFE Steel Corporation
SEVERSTAL
JSW Steel Ltd.
ArcelorMittal
Cangzhou Steel Pipe Group (CSPG) Co.
Ltd.
Nippon Steel Corporation
Zhejiang Kingland & Pipeline Technol-ogies Co.
Ltd.
Arabian Pipes Company
Borusan Mannesmann
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Resistance Welded Steel Pipe Market
Oil & Gas
Construction
Utilities
Others
Based on Types the Market is categorized into Below types that held the largest Electric Resistance Welded Steel Pipe market share In 2023.
Large-diameter Pipe
Small-diameter Pipe
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electric Resistance Welded Steel Pipe Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Resistance Welded Steel Pipe Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Resistance Welded Steel Pipe Market, By Type
6. Global Electric Resistance Welded Steel Pipe Market, By Application
7. Global Electric Resistance Welded Steel Pipe Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Resistance Welded Steel Pipe Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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