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Global Steel Pipes Market – Industry Trends and Forecast to 2030

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Global Steel Pipes Market – Industry Trends and Forecast to 2030

  • ICT
  • Upcoming Report
  • Oct 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Steel Pipes Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 170720.00 Million
Diagram Market Size (Forecast Year) USD 278320.00 Million
Diagram CAGR %

Global Steel Pipes Market, Global Steel Pipes Market, By Technology (Welded Steel Pipes, ERW Steel Pipes, Galvanized Steel Pipes), Material (Alloy Steel, Black Steel, Carbon Steel, Iron Steel, Mild Steel, Stainless Steel), Application (Water Pipes, Steel Casing Pipes, Sewage Pipes, Structural Steel Pipes, Industrial Steel Pipes, Steel Scaffolding Pipes, Oil & Gas Pipes), Type (Line, Standard, Structural) - Industry Trends and Forecast to 2030.

 Steel Pipes Market

Steel Pipes Market Analysis and Size

Increase in the oil & gas production due to the demand from the transportation industry acts as an essential factor driving the global steel pipes market. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Data Bridge Market Research analyses that the global steel pipes market which was USD 170,720 million in 2022, is expected to reach USD 278,320 million by 2030, and is expected to undergo a CAGR of 6.3% during the forecast period 2023-2030. This indicates the market value. “Welded steel pipes” segment dominates the component  segment of the global steel pipes market, as they are exteremly versatile and can be manufactured in a variety of sizes, diameters and thicknesses to fulfil the specific needs of various industries and applications. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Steel Pipes Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customisabl eto 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Technology (Welded Steel Pipes, ERW Steel Pipes, Galvanized Steel Pipes), Material (Alloy Steel, Black Steel, Carbon Steel, Iron Steel, Mild Steel, Stainless Steel), Application (Water Pipes, Steel Casing Pipes, Sewage Pipes, Structural Steel Pipes, Industrial Steel Pipes, Steel Scaffolding Pipes, Oil & Gas Pipes), Type (Line, Standard, Structural)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa

Market Players Covered

ArcelorMittal (Luxembourg), United States Steel Corporation (U.S.), NIPPON STEEL CORPORATION (Japan), Tata Steel (India), Jindal Steel & Power Limited (India)

Market Opportunities
  • Increase in demand in construction projects
  • Advancement in automotive industry

Market Definition

Steel pipes are cylindrical tubular structures composed mostly of steel that are used in various of applications such as delivering fluids (water, oil, gas),structural support in building and conveying materials in industrial materials in industrial processes.

Global Steel Pipes Market Dynamics

Drivers

  • Increase and Expansion of Industrial Sectors

Industrial growth in many areas has a substantial impact on the global steel pipes market. Steel pipes are essential components of manufacturing processes, acting as conduits for liquid, gases, material in industries such as chemicals, petrochemicals, automotive and many more.

  • Modernization in Water Management System

Steel pipes are popular for delivering potable water and sewage, as well as industrial wastewater management, due to their durability and corrosion resistance. Demand for the steel pipes in the water management sector is increasing, reinforcing their role as a driving force in the global steel pipes market.

Opportunity

  • Advancement in Automotive Industry

Steel pipes are used in the automotive industry for exhaust systems, structural component and other structural parts. As the automotive industry advances with the introduction of electric vehicles and Lightweighting programmes, steel pipe solution have a chance to innovate and offer innovative solutions.

Restraints/ Challenges

  • High Price Fluctuations of the Raw Materials

The steel industry is a subject to change in raw materials costs, such as iron ore and coal, which can affect the entire cost structure of steel pipes and market stability.

  • Maintance of Effective Corrosion Resistant Coating

Corresion is a major problem for steel pipes, especially in applications involving harsh environment. Creating effective corrosion effective – resistant coating and addressing maintenance issues can be difficult.

This global steel pipes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global steel pipes market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

  • In July 2023, ArcelorMittal launched the industry’s first low-carbon emission steel tubes, with a CO2 emissions reduction of up to 75%. It aimed to help companies in the construction, agriculture, and energy sectors in their decarbonisation journey to achieve the climate goals outlined in the Paris Agreement and the European Green Deal
  • .In June 2022, Nippon Steel Corporation developed the Eco-friendly Commercially pure titanium, trantixxii-eco, and has started supplying it to snow peak, inc. ("snow peak") , that that helped in reducing CO2 emissions and saved resources with titanium ingot made of over 50% scrap titanium. This enabled them to homogenize ingot components to produce high-quality products, even with a high scrap content.

Global Steel Pipes Market Scope

The global steel pipes market is segmented on the basis of technology, material, application, type. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology

  • Welded Steel Pipes
  • ERW Steel Pipes
  • Galvanized Steel Pipes

 Material

  • Alloy Steel
  • Black Steel
  • Carbon Steel
  • Iron Steel
  • Mild Steel
  • Stainless Steel

Application

  • Water Pipes
  • Steel Casing Pipes
  • Sewage Pipes
  • Structural Steel Pipes
  • Industrial Steel Pipes
  • Steel Scaffolding Pipes
  • Oil & Gas Pipes

Type

  • Line
  • Standard
  • Structural

Global Steel Pipes Market Region Analysis/Insights

The global steel pipes market is analyzed and market size insights and trends are provided by technology, material, application, and type as referenced above.

The regions covered in the global steel pipes market are North America, South America, Europe, Asia-Pacific, and the Middle East and Africa. The countries covered in the global steel pipes market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.

Asia-Pacific dominates the global steel pipes market due to rise in the product consumption, rise in the rapid industrialization & urbanization, increase in the population, and rise in the growth in the manufacturing sectors in this region. North America is the expected region in terms of growth in global steel pipes market due to rise in the rapid industrialization & urbanization and increase in the population in this region.

The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Competitive Landscape and Global Steel Pipes Market Share Analysis

The global steel pipes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to data center cooling market.

Some of the major players operating in the global steel pipes market are:

  • ArcelorMittal (Luxembourg)
  • United States Steel Corporation (U.S.)
  • NIPPON STEEL CORPORATION (Japan)
  • Tata Steel (India)
  • Jindal Steel & Power Limited (India)

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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The steel pipes market size will be worth USD 278,320 million by 2030.
The growth rate of the steel pipes market is 6.3% in the forecast period by 2030.
The expansion of industrial sectors & modernization in water management systems are the growth drivers of the steel pipes market.
Technology, material, application, and type are the factors on which the steel pipes market research is based.
Major companies in the steel pipes market are ArcelorMittal (Luxembourg), United States Steel Corporation (U.S.), NIPPON STEEL CORPORATION (Japan), Tata Steel (India), Jindal Steel & Power Limited (India)
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