Press release
Seamless Pipes Market: Emerging Trends, Key Players, Market Size and Growth Prospects
Seamless Pipes Market Growth
What Is The Projected Market Size Of The Global Seamless Pipes Market And Its Growth Rate?
• The seamless pipes market size has grown steadily recently, increasing from $242.3 billion in 2024 to $251.62 billion in 2025 at a CAGR of 3.8%.
• The market size is projected to continue its robust growth to $310.52 billion in 2029 at a CAGR of 5.4% driven by the expanding oil and gas industry, installation of new transmission pipelines, and the growth in the chemical industry.
What Is Driving The Growth In The Seamless Pipes Market?
The growth of the seamless pipes market is being propelled by the installation of new transmission pipelines. These large-diameter steel pipes are used to transport crude oil from gathering systems to refining, processing, or storage facilities. Operating at high pressure and temperature, transmission pipelines are key to the growth of the seamless pipes market. For instance, according to the US Energy Information Administration, around 3 million miles of new transmission pipelines were built in November 2022 and more are being constructed to connect natural gas production areas and storage facilities to consumers.
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Who Are the Key Players Driving Seamless Pipes Market Growth?
•Nippon Steel Corporation
•Vallourec SA
•Tenaris SA
•ArcelorMittal
•JFE Holdings, Inc
•Sumitomo Corporation
•Salzgitter AG
•United States Steel Corporation
•TATA Steel
•Maharashtra Seamless Ltd
•Hunan Standard Steel Co., Ltd
•Ansteel Group Co., Ltd
•Baosteel Trading Co., Ltd
•Wuhan Heavy Industry Casting & Forging Co., Ltd
•Jiangsu Wujin Stainless Steel Pipe Group Co., Ltd
•Jindal Saw Ltd
•Sandvik AB
•IPP Europe Ltd.
•Tubos Reunidos S.
•TMK Group.
•Zekelman Industries Inc.
•Zamzam Steel
•Santok Steel Corporation
•ArcoSteel
•AK Steel Holding
What Are The Key Trends In The Seamless Pipes Market?
•Investments in low-emission furnaces for environmental sustainability
•Developing new technological solutions
•Expanding research and development (R&D) facilities
•Focus on mergers and acquisitions for growth
•Developing new, innovative products for improved performance
What Are The Segments Of The Global Seamless Pipes Market?
•By Type: Hot Finished Seamless Pipes, Cold Drawn Seamless Pipes
•By Materials: Steel And Alloys, Copper And Alloys, Nickel And Alloys, Magnesium Alloys
•By Production Process: Continuous Mandrel Rolling, Mannesmann Plug Mill Process, Cross-Roll Piercing, Pilger Rolling
•By Application: Oil And Gas, Building And Construction, Power Generation, Automotive, Aviation
Which Region Leads The Seamless Pipes Market?
North America was the largest region in the seamless pipes market in 2024. The Asia-Pacific region is expected to experience the fastest growth in the forecast period as the demand for seamless pipes increases in the region's burgeoning oil and gas industry, construction sector, and manufacturing industries.
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What Is Covered In The Seamless Pipes Market Global Market Report?
• Market Size Analysis: Analyzes the Seamless Pipes Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identifies various subsegments within the Seamless Pipes Market for effective categorization.
• Key Player Focus: Direction towards key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examination of individual growth trends and prospects in the Market.
• Market Contribution: Evaluation of contributions of different segments to the overall Seamless Pipes Market growth.
• Growth Drivers: Detailing of key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analysis of challenges and risks affecting the Seamless Pipes Market.
• Competitive Developments: Analysis of competitive developments, such as expansions, agreements, and new product launches in the market.
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Carbon steel
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