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Global Steel Pipes & Tubes Market Report

  • Report Code: IQ4K673
  • Published Date: August, 2024
  • Pages: 105

Industry Overview

The Steel Pipes & Tubes market was valued at $150,957.8 Million in 2023, and is projected to reach $181,035.0 Million by 2030 growing at a CAGR of 2.68% from 2024 to 2030. Seamless segment is expected to be the highest contributor to this market, with $82,545.9 Million in 2023, and is anticipated to reach $95,462.3 Million by 2030, registering a CAGR of 2.15%. ERW segment is anticipated to reach $61,170.3 Million by 2030 with the highest CAGR of 4.52%. Seamless and ERW segments collectively expected to account for about 84.5% share of the Steel Pipes & Tubes market in 2023, with the former constituting around 54.7% share. ERW and Seamless segments are expected to witness significant growth rates at a CAGR of 4.52% and 2.15% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 84.5% in the overall Steel Pipes & Tubes market in 2023, and is anticipated to reach 86.5% by 2030. Technology Seamless ERW SAW Application Oil & gas Chemicals and petrochemicals Automotive & transportation Mechanical engineering Power plant Construction Other Applications BY REGION North America U.s. Canada Europe Germany U.k. France Italy Spain Rest of Europe Asia China Japan South Korea India Indonesia Rest of Asia Middle East & Africa Brazil Mexico South Africa Australia Rest of MENA

 

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