Press release
Steel Tubes Market - Global Industry Size Projected to Reach USD 93.25 Billion by 2033 | CAGR of 1.24%.
The global steel tubes market size was valued at USD 83.35 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 93.25 Billion by 2033, exhibiting a CAGR of 1.24% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 75.6% in 2024.
Request Free Sample Report: https://www.imarcgroup.com/steel-tubes-market/requestsample
Global Steel Tubes Market Dynamics:
Infrastructure Development and Construction Activities:
The worldwide market for steel pipes and tubes is deeply connected with the rate at which infrastructure and construction work is done within the economies. The expansion of a City, the establishment of new transport and communication facilities, and manufacture of industrial plants result in further demand for steel tubes for a myriad of uses such as construction, pipelines, and machinery. This trend is even more pronounced in developing economies where infrastructural investments are growing which, in turn, increases the need for steel tubes, further boosting the market growth.
Oil and Gas Industry Investments:
The oil and gas sector is one of the most important areas of application for steel tubes. Steel tubes are needed for the exploration, drilling, and even transportation of oil and gas. Spending on the upstream and midstream activities like pipeline and well construction increases the demand for steel tubes. Oil and gas prices, along with the levels of exploration, create a shifting market for the steel tubes which is often advantageous and simultaneously disadvantageous for the manufacturers of steel pipes and tubes.
Automotive and Industrial Manufacturing Growth:
The automotive and industrial manufacturing sectors remain significant consumers of steel tubes. Chassis, exhaust systems, and certain structural elements within vehicles utilize steel tubing. The expansion of the automotive sector, which is supported by the rising production and sales of automobiles, creates demand for steel tubes. Likewise, the majority of industrial manufacturing activities such as machinery and equipment fabrication also consume steel tubes. The proliferation of these industries sustains the growth of the steel tubes industry.
Contact Out Analysts for Brochure Requests, Customization, and Inquiries Before Purchase: https://www.imarcgroup.com/request?type=report&id=1438&flag=C
Global Steel Tubes Market Trends:
The global steel tubes market is going through transformations that are identified by some primary patterns. The previously emphasized pattern includes the enhancement of new materials and advanced manufacturing techniques which - in turn - increases the corrosion resistance and the strength of steel. These changes are focused on meeting the requirements of particular industries.
An additional trend is the growing sustainability and eco-friendliness in the production of steel tubes. Steel tube producers are working towards mitigating the adverse effects caused by steel tube production through the development and implementation eco-friendly processes as well as the use of recycled materials. Also growing in the market is the trend of customization and additional features being provided. Manufacturers are being able to meet customer demands by providing specialized services which include coating, threading, and fabrication.
By the IMARC Group, Some of the Top Competitive Landscape Operating in the Global Steel Tubes Market are Given Below:
• ArcelorMittal
• Jindal Steel & Power Ltd.
• Nippon Steel Corporation
• Rama Steel Tubes Limited
• Steel Authority of India Limited (SAIL)
• Tata Steel
Key Market Segmentation:
Breakup by Product Type:
• Seamless Steel Tubes
• Welded Steel Tubes
Breakup by Material Type:
• Carbon Steel
• Stainless Steel
• Alloy Steel
• Others
Breakup by End Use Industry:
• Oil and Gas
• Petrochemicals
• Infrastructure and Construction
• Automotive
• Water Treatment and Sewage
• Others
Regional Insights:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Key highlights of the Report:
• Market Performance
• Market Outlook
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Steel Tubes Market - Global Industry Size Projected to Reach USD 93.25 Billion by 2033 | CAGR of 1.24%. here
News-ID: 3878537 • Views: …
More Releases from IMARC Group
E-Bike Market Size, Share, Trends and Forecast by Mode, Motor Type, Battery Type …
The global E-bike market reached USD 26.4 Billion in 2024 and is set to expand to USD 45.5 Billion by 2033, driven by urbanization, government incentives, improving battery tech and rising demand for affordable, low-emission transport. Strong manufacturing in Asia Pacific, growing last-mile and commuter use, and greater adoption of pedal-assist and connected features are steering sustained growth at a 6.22% CAGR (2025-2033).
Request for a sample copy of this report:
https://www.imarcgroup.com/e-bike-market/requestsample
STUDY…
Agritourism Market Size, Share, Trends and Forecast by Tourist Type 2025 - 2033
The Global Agritourism Market is experiencing robust expansion, driven by farmers seeking to diversify their income streams and a surging global consumer interest in authentic, sustainable travel experiences. Valued at approximately USD 73.2 Billion in 2024, the market is projected to reach USD 205.6 Billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. This positive trajectory is further fueled by increased government support…
Global Pickles Market Size, Trend: Type, Taste, Sales Channel Forecast 2025-33
Global pickles market valuation reached USD 12.5 billion in 2024 and is projected to climb to USD 16.8 billion by 2033, growing at a CAGR of 3.79%. Rising consumer demand for healthy, probiotic-rich snacks, expanding e-commerce access, and growing interest in ethnic flavors are fueling this expansion. Consumers increasingly seek convenient and flavorful food options, while manufacturers innovate with packaging and taste profiles to meet diverse preferences.
Request for a sample…
Sodium Metabisulfite Production Cost Analysis Report 2025: Feasibility Study and …
Sodium metabisulfite (Na2S2O5) is a white crystalline powder widely used as a disinfectant, antioxidant, preservative, and bleaching agent. It finds applications in water treatment, food preservation, pharmaceuticals, pulp and paper, and textile industries. Known for its strong reducing properties and ability to release sulfur dioxide, sodium metabisulfite helps prevent microbial growth, oxidation, and discoloration, making it an essential chemical for industrial, commercial, and food-related processes.
A sodium metabisulfite plant requires sourcing…
More Releases for Steel
Steel Beams Market is Booming Worldwide with Steel Dynamics, JSW Steel, JFE Stee …
HTF MI just released the Global Steel Beams Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Steel Beams Market are:
ArcelorMittal (Luxembourg), Nippon Steel (Japan),…
Special Ball Bearing Steel Market : Eminent Players - Nippon Steel, Suzhou Steel …
Market Description -
Los Angeles, (United States) - The information made available in the Special Ball Bearing Steel report will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. This will at last increase the return rate and drive the competitive edge within. Being a custom market report, it provides services tailored to the exact challenge. Whether it is survey work,…
Miscellaneous Steel Detailing | Steel Detailer | Steel Detailing Services
We provide the highest quality of finished projects in the industry. Boasting unmatched turnaround times, and superb accuracy. WorldSteel Detailings has onboard team of experienced steel detailers and engineers with a wide range of experience from industrial and commercial projects to high rise buildings. By using innovative technologies and latest softwares, our structural steel detailing team provides accurate services as per your requirements based on country standards.Our steel detailing professionals…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
What's driving the Structural Steel Market trends? ArcelorMittal, Tata Steel, Ni …
A detailed study on ‘Structural Steel market’ formulated by Market Study Report, LLC, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in…
