Large Diameter Steel Pipes Market to Reach USD 17,245.4 million by 2035- Steady Expansion in Asia-Pacific, North America, Europe, and South Korea Fueled by Energy Transition and Infrastructure Modernization

The global large diameter steel pipes market is poised for consistent growth through 2035, propelled by escalating investments in oil & gas pipelines, water transmission networks, and hydrogen-ready infrastructure. According to Future Market Insights (FMI), the market is valued at USD 13,341.4 million in 2025 and is projected to attain USD 17,245.4 million by 2035, advancing at a compound annual growth rate (CAGR) of 2.6%.

The FMI report, "Large Diameter Steel Pipes Market Size, Share, and Forecast 2025-2035," reveals that global revenues will increase by approximately USD 3,904 million over the decade, driven by demand for high-pressure, corrosion-resistant pipes in energy diversification, urban utilities, and carbon capture systems.

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A Decade of Growth Anchored by Hydrogen Infrastructure and Smart Pipeline Technologies:

The shift toward hydrogen transportation, CO2 pipelines, and digitized monitoring systems is redefining market trajectories. From 2025 to 2030, the large diameter steel pipes market is expected to grow by USD 1,800 million, supported by pipeline replacements and LNG projects. Between 2030 and 2035, FMI anticipates an additional USD 2,104 million in expansion, driven by AI-enabled integrity management, sensor-embedded pipes, and carbon-neutral manufacturing.

"LSAW pipes are dominating high-stakes applications due to superior weld integrity and pressure tolerance," noted an FMI research analyst. "As energy transitions accelerate, hydrogen-compatible and self-healing coated pipes are enhancing longevity and operational safety."

Large Diameter Steel Pipes Key Market Insights at a Glance:

Metric- Global Estimate

Market Value (2025)- USD 13,341.4 million

Forecast Value (2035)- USD 17,245.4 million

CAGR- 2.6%

Top Type- LSAW Pipes (57.9% share)

Dominant Application- Oil & Gas (62.1% share)

Fastest-Growing Region- Asia-Pacific (leading regional CAGR)

Asia-Pacific: The Fastest-Growing Large Diameter Steel Pipes Market:

FMI analysis underscores Asia-Pacific's leadership in production and consumption, with China as the top exporter and India advancing through river interlinking and gas grid projects. The region benefits from industrialization, smart cities, and seamless pipe demand in Japan and South Korea. LSAW and HSAW variants are central to metro rail, water utilities, and offshore energy developments.

Digital pipeline management and high-strength thermomechanical steels are boosting efficiency, while export-oriented manufacturing in South Korea supports global competitiveness.

Large Diameter Steel Pipes Five Forces Driving Market Expansion:

Energy Transition Pipelines: Hydrogen-ready and CCS networks demand thick-walled, corrosion-resistant steel.

Infrastructure Modernization: Aging water systems and district heating expansions require durable replacements.

Technological Advancements: Inline sensors, AI defect detection, and 3D-printed custom segments improve performance.

Sustainability Mandates: Carbon-neutral production and recyclable materials align with ESG regulations.

Geopolitical Diversification: Alternate energy routes and cross-border grids sustain long-haul pipe demand.

Large Diameter Steel Pipes Market Segment Overview:

By Type: LSAW pipes lead with 57.9% value share in 2025, favored for dimensional accuracy in oil & gas transmission and structural piling. SSAW pipes support cost-effective water and utility projects.

By Application: Oil & gas commands 62.1% share, driven by shale gas, LNG, and offshore drilling. Water treatment and chemical sectors follow with steady utility upgrades.

By Region: Asia-Pacific dominates growth, followed by North America (shale and carbon capture) and Europe (hydrogen grids and geothermal).

Large Diameter Steel Pipes Market Regional Overview:

North America: CAGR 2.4% (USA focus on PHMSA compliance and LNG).

Europe: CAGR 2.5% (EU hydrogen push in Germany, Italy, Poland).

Asia-Pacific: Fastest regional expansion via China, India, Japan, South Korea.

Middle East & Africa: Infrastructure in Saudi Arabia supports energy and water projects.

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Large Diameter Steel Pipes Market Competitive Landscape:

- Tenaris S.A.

- JFE Steel Corporation

- Nippon Steel Corporation

- EVRAZ North America

- Tata Steel Ltd.

Top players hold 52-66% combined share, with Tenaris (16-20%) leading in HIC-resistant pipes for sour service. Innovations include JFE's UOE capacity for LNG and Nippon's heavy-wall LSAW for offshore platforms.

Large Diameter Steel Pipes Market Outlook: Enabling Sustainable Energy and Infrastructure

Over the forecast period, the market will prioritize modular systems, blockchain-traceable supply chains, and predictive maintenance via digital twins. "Large diameter steel pipes are evolving into intelligent assets for net-zero goals," the FMI analyst added. "Manufacturers integrating AI, green steel, and adaptive coatings will capture emerging opportunities in renewables and resilient networks."

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About Future Market Insights (FMI)

Future Market Insights, Inc. (FMI) is an ESOMAR-certified, ISO 9001:2015 market research and consulting organization, trusted by Fortune 500 clients and global enterprises. With operations in the U.S., UK, India, and Dubai, FMI provides data-backed insights and strategic intelligence across 30+ industries and 1200 markets worldwide

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