Pressure Pipe Market size was valued at USD 19.12 Billion in 2024 and is forecasted to grow at a CAGR of 5% from 2026 to 2033, reaching USD 28.64 Billion by 2033.
South Korea's pressure pipe market is experiencing significant growth, driven by the country's rapid industrialization and infrastructure development. In 2023, the production volume of steel pipes and tubes reached approximately 4.68 million metric tons, marking a substantial increase from previous years.
The market encompasses various types of pressure pipes, each catering to specific industrial requirements:
Steel Pipes: Predominantly used in oil and gas transmission, power generation, and chemical processing industries due to their strength and durability.
High-Density Polyethylene (HDPE) Pipes: Favored in water supply, sewage disposal, and agricultural applications for their flexibility, corrosion resistance, and cost-effectiveness.
Spiral Submerged Arc Welded (SSAW) Pipes: Commonly utilized in large-diameter applications such as oil and gas pipelines, thanks to their cost-efficiency and reliability.
Industrial sectors are increasingly demanding pressure pipes that meet specific standards and certifications. For instance, the energy sector requires pipes capable of withstanding high pressures and temperatures, while the construction industry seeks lightweight and easy-to-install piping solutions.
Technological advancements have led to the development of high-performance pressure pipes with enhanced features, such as improved resistance to harsh operating conditions and compatibility with smart monitoring systems. These innovations are crucial for industries aiming to optimize energy utilization and reduce environmental impact.
Furthermore, government initiatives promoting energy efficiency and environmental sustainability are influencing the pressure pipe market. Policies encouraging the transition to cleaner energy sources and the modernization of infrastructure are driving the demand for advanced piping systems.
In summary, South Korea's pressure pipe market is evolving to meet the diverse and stringent requirements of various industries. The emphasis on quality, performance, and sustainability is shaping the future of pressure pipe manufacturing and application in the country.
Get an In-Depth Research Analysis of the South Korea Pressure Pipe Market Size And Forecast [2025-2032]
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Duraline
Vinidex Pty Ltd
Northern Pipe
Charlotte Pipe and Foundry
Sandvik Materials
SKF
Jiaxing JCC Piping
Cresline Plastic Pipe Co
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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 South Korea Pressure Pipe Market
Polyvinyl Chloride (PVC)
Polyethylene (PE)
Ductile Iron
Steel
Concrete
Fiberglass Reinforced Plastic (FRP)
Water Supply Systems
Wastewater Management
Oil and Gas Transportation
Mining
Irrigation Systems
Industrial Processes
Narrow Diameter Pipes (up to 4 inches)
Medium Diameter Pipes (4 to 12 inches)
Large Diameter Pipes (over 12 inches)
Low Pressure (below 4 bar)
Medium Pressure (4 to 10 bar)
High Pressure (above 10 bar)
Construction
Municipal Infrastructure
Oil & Gas
Agriculture
Manufacturing
Power Generation
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Pressure 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. South Korea Pressure Pipe Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Pressure Pipe Market, By Type
6. South Korea Pressure Pipe Market, By Application
7. South Korea Pressure Pipe Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Pressure Pipe Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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