Industrial Tubes Market is expected to reach US$ 453.16 billion by 2032 | Major Companies - Stora Enso Oyj, Nippon Paper Industries Co., Ltd., UPM-Kymmene Corporation, Mondi Group plc

Market Size and Growth:

The Global Industrial Tubes Market size reached US$ 266.32 billion in 2024 and is expected to reach US$ 453.16 billion by 2032, growing with a CAGR of 6.87% during the forecast period 2025-2032.

The Industrial Tubes Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Industrial Tubes Market refers to the global industry involved in the manufacturing, distribution, and application of tubes and pipes made from materials like steel, aluminum, copper, and plastics. These tubes are used across sectors such as oil & gas, construction, automotive, and chemicals for transportation of fluids, structural support, and industrial processes, driven by infrastructure growth and technological advancements.

Recent Key Developments of United States:

✅ November 2025: U.S. Steel announced upgrades to its seamless industrial tubing lines for higher pressure ratings, targeting hydrogen-ready materials to support the energy transition.

✅ October 2025: The U.S. International Trade Commission finalized new tariffs on imported industrial steel tubes to protect domestic manufacturers from dumping and reshape supply chains in construction and energy sectors.

✅ September 2025: A major U.S. polymer tube manufacturer launched a bio-based industrial tubing line made from renewable plant-based materials, maintaining high chemical resistance to meet sustainability demands in industrial applications.

Recent Key Developments of Europe:

✅ October-November 2025: EU steel tube production declined 0.2% y/y in Q2 per EUROFER's Q4 outlook, with forecasts for modest 0.5% growth in 2025 driven by automotive demand despite construction slowdowns and LNG shift reducing pipeline needs.

✅ September 2025: EUROFER noted EU steel tube output down 3% in Q1 but revised 2025 forecasts amid weak demand, with automotive and engineering sectors providing relative stability.

List of the Key Players in the Industrial Tubes Market:

Stora Enso Oyj
UPM-Kymmene Corporation
Nippon Paper Industries Co., Ltd.
Oji Holdings Corporation
Mondi Group plc
Sappi Limited
International Paper Company
Asia Pulp & Paper Group (APP)
Burgo Group S.p.A.
Verso Corporation

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Industrial Tubes Market:

By Type: Process Pipes, Mechanical Tubes, Heat Exchanger Tubes, Structural Tubes, Hydraulic & Instrumentation Tubes, Others.

By Manufacturing Method: Seamless, Welded.

By Material: Steel, Non-Steel.

By End-User: Oil & Gas, Automotive, Petrochemical, Construction, Chemicals, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Industrial Tubes market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Industrial Tubes Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Industrial Tubes market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Industrial Tubes Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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