How big is the pipe market | Manufacturers & With official Website 2025

Code: MTA7932 Publication Date: Aug 2025

How big is the pipe market?

According to 6Wresearch internal database and industry insights, the Global Pipe Market was valued at USD 110 Billion in 2024 and is expected to reach USD 155 Billion by 2031, growing at a compound annual growth rate of 9.80% during the forecast period of 2025 to 2031.

The market growth is driven by rising investments in water supply infrastructure, rapid urbanization, increasing demand for oil & gas pipelines, and expanding applications in construction and industrial sectors. Growing focus on durable, lightweight, and cost-effective piping materials such as PVC, HDPE, and composites is further fuelling adoption worldwide.

Key Growth Drivers of the Pipe Market

  • Development of construction and infrastructure development projects in other locations in the world
  • Increase in the consumption of drinking-water distribution and sewage systems
  • Proliferation of oil and gas exploration and conveyance pipelines
  • Amplifying use of plastic and composite pipes due to more effectiveness and economy
  • Smart cities and Sustainable urban infrastructure government initiatives

Pipe Market Trends

The pipe market is witnessing trends such as increased adoption of plastic pipes (PVC, HDPE, PPR) over traditional metal pipes due to cost-effectiveness and corrosion resistance, rising use of composite and multilayer pipe systems in industrial and residential applications, and technological advancements in pipe extrusion and 3D printing for customized designs. The industry is also developing eco-friendly, useable, and recyclable piping as well as high strength that support sustainable construction. Moreover, market diversification is also being enhanced by the increased presence of district heating, renewables energy activities, and gas distributions systems.

Emerging Developments in the Pipe Market

The pipe market is experiencing developments such as new investments in large-scale pipeline projects for water, oil, and natural gas, innovations in anti-microbial and self-cleaning pipes for healthcare and food industries, and collaborations between manufacturers and governments to improve urban water supply networks. Efficiency and predictive maintenance are also increasing in the integration of smart pipe monitoring systems with IoT sensors.

List of Leading Companies in the Pipe Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Tenaris S.A.

Company NameTenaris S.A.
Establishment Year2002
HeadquarterLuxembourg City, Luxembourg
Official WebsiteClick Here

Tenaris is a global leader in steel pipe manufacturing, offering seamless and welded pipes for oil, gas, energy, and industrial applications with advanced coating and durability.

2. Vallourec S.A.

Company NameVallourec S.A.
Establishment Year1957
HeadquarterBoulogne-Billancourt, France
Official WebsiteClick Here

Vallourec specializes in premium tubular solutions, providing seamless steel pipes for energy, construction, and automotive sectors, with a strong focus on innovation and sustainability.

3. ArcelorMittal

Company NameArcelorMittal
Establishment Year2006
HeadquarterLuxembourg City, Luxembourg
Official WebsiteClick Here

ArcelorMittal manufactures a wide range of welded and seamless steel pipes for construction, oil, gas, and water transport industries, with emphasis on high performance and resilience.

4. Nippon Steel Corporation

Company NameNippon Steel Corporation
Establishment Year1950
HeadquarterTokyo, Japan
Official WebsiteClick Here

Nippon Steel produces advanced steel pipes with corrosion resistance and strength, serving oil, gas, construction, and industrial sectors across global infrastructure projects.

5. Tata Steel Limited

Company NameTata Steel Limited
Establishment Year1907
HeadquarterMumbai, India
Official WebsiteClick Here

Tata Steel manufactures welded and seamless steel pipes used in construction, oil and gas, water supply, and infrastructure, focusing on innovation, efficiency, and sustainability.

6. United States Steel Corporation (U.S. Steel)

Company NameUnited States Steel Corporation (U.S. Steel)
Establishment Year1901
HeadquarterPittsburgh, Pennsylvania, USA
Official WebsiteClick Here

U.S. Steel develops high-strength seamless and welded pipes for industrial, energy, and construction sectors, offering durability, corrosion protection, and advanced engineering solutions.

7. JSW Steel Ltd.

Company NameJSW Steel Ltd.
Establishment Year1982
HeadquarterMumbai, India
Official WebsiteClick Here

JSW Steel produces welded steel pipes for oil, gas, construction, and water supply applications, emphasizing strong performance, reliability, and sustainability-driven production processes.

8. ChelPipe Group (TMK Group)

Company NameChelPipe Group (TMK Group)
Establishment Year1942
HeadquarterMoscow, Russia
Official WebsiteClick Here

ChelPipe (TMK Group) is a leading steel pipe manufacturer, offering seamless and welded pipes for energy, oil, and gas industries, with advanced coating and long service life.

9. Seah Steel Holdings Corporation

Company NameSeah Steel Holdings Corporation
Establishment Year1960
HeadquarterSeoul, South Korea
Official WebsiteClick Here

Seah Steel manufactures welded steel pipes for energy, construction, and water industries, focusing on advanced manufacturing technologies, corrosion resistance, and global distribution.

10. Jindal SAW Ltd.

Company NameJindal SAW Ltd.
Establishment Year1984
HeadquarterNew Delhi, India
Official WebsiteClick Here

Jindal SAW provides welded and seamless pipes for oil, gas, and water transportation, offering strong anti-corrosion properties and customized solutions for infrastructure projects worldwide.

How big is the pipe market: FAQs

It was valued at USD 110 Billion in 2024 and is projected to reach USD 155 Billion by 2031.
The pipe market is expected to grow at a CAGR of 9.80% from 2025 to 2031.
Construction expansion, water infrastructure demand, and oil & gas pipeline projects.
Plastic and composite pipes, eco-friendly solutions, and smart monitoring technologies.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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