Global Welded Steel Pipe Market was valued at USD 8 Billion in 2022 and is projected to reach USD 11 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The welded steel pipe market has been witnessing significant growth due to the increasing demand across various industries, including construction, oil and gas, automotive, and utilities. These pipes are widely used for transporting fluids and gases under high pressure and are known for their strength, durability, and cost-effectiveness. With advancements in manufacturing processes and technology, the production of welded steel pipes has become more efficient, meeting the rising global needs.
In recent years, the market has expanded as urbanization, infrastructure development, and industrialization have surged globally. The demand for welded steel pipes in developing countries is particularly high, driven by the need for oil, gas, and water transportation systems. Additionally, the rising investments in renewable energy sectors, such as wind and solar power, are creating new opportunities for welded steel pipe applications in construction and energy transmission.
Geographically, North America and Europe remain key players in the market, but Asia-Pacific, particularly China and India, is projected to see the highest growth rates. This can be attributed to rapid industrialization and large-scale infrastructure projects in these regions. Moreover, the increasing focus on energy efficiency and environmental sustainability is pushing companies to innovate and offer high-quality, corrosion-resistant, and eco-friendly welded steel pipe solutions.
Welded steel pipes come in various grades and sizes, with the most common types being longitudinal welded pipes and spiral welded pipes. These pipes are manufactured using different welding techniques such as electric resistance welding (ERW) and submerged arc welding (SAW), each offering specific advantages depending on the application. As demand grows, manufacturers are also focusing on improving pipe coatings and finishes to enhance durability and performance in harsh environments.
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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
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 Welded Steel Pipe Market
Ships
Boiler
Construction
Oil & gas
Others
Based on Types the Market is categorized into Below types that held the largest Welded Steel Pipe market share In 2023.
Cold Drawing Processing Technique
Hot Rolling Processing Technique
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, 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
Global
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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