Welded Steel Pipe Market size was valued at USD 70.5 Billion in 2024 and is forecasted to grow at a CAGR of 4.5% from 2026 to 2033, reaching USD 100.2 Billion by 2033.
The global welded steel pipe market was valued at approximately USD 80 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% during the forecast period from 2023 to 2030. The market is driven by the growing demand for welded steel pipes across various industries such as construction, oil & gas, automotive, and infrastructure development. Additionally, the increasing need for robust and corrosion-resistant materials for the transportation of oil, gas, and other fluids is fueling the growth of the welded steel pipe market. By 2030, the market is expected to reach a value of around USD 120 billion, indicating a consistent upward trajectory. Regionally, Asia Pacific dominates the welded steel pipe market, accounting for more than 40% of the total market share in 2022. This growth can be attributed to the rapid industrialization and urbanization in countries such as China and India, which are witnessing high demand for welded steel pipes in construction and infrastructure projects. North America and Europe also hold significant shares in the market, with robust demand from the oil and gas industry, as well as growing investments in infrastructure and water treatment plants. The Latin American and Middle Eastern markets are expected to experience steady growth due to expanding energy and oil & gas sectors. The CAGR for the welded steel pipe market in these regions is forecasted to be around 4.5% during the period from 2023 to 2030.
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CENTRAVIS
Tenaris
Bao Steel
AN Steel
Jiangsu ChengDe Steel Tube Share Co
Tianjin Pipe Corporation
Suzhou Boxin
Hunan Great Steel Pipe Co
Pearlite Steel
MST
Bri-Steel Manufacturing
RATNAMANI
JFE Steel
Shanghai Metal Corporation
Hengyang Valin Steel Tube Co
Hunan Standard Steel Co
Hebei Zhonghai Steel Pipe Manufacturing Corporation
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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. 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 Welded Steel Pipe Market
Electric Resistance Welded (ERW) Pipes
Spiral Welded Pipes
Longitudinally Welded Pipes
Flash Welded Pipes
Construction and Infrastructure
Oil and Gas Exploration
Water and Wastewater Management
Automotive Industry
Power Generation
Small Diameter Pipes
Medium Diameter Pipes
Large Diameter Pipes
Galvanized Welded Steel Pipes
Black Welded Steel Pipes
Polyethylene Coated Pipes
Epoxy Coated Pipes
Manufacturers and Fabricators
Contractors and Construction Companies
Utility Providers
Government and Public Sector Entities
Distributors and Retailers
US (United States, US 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 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 Welded Steel Pipe Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Welded Steel Pipe Market, By Type
6. Global Welded Steel Pipe Market, By Application
7. Global Welded Steel Pipe Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Welded Steel Pipe Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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