Product Code: ETC347904 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India steel pipe and tube market was valued at US$ 18 billion in 2025 and is projected to grow at a CAGR of 9% from 2025?2025 on account of increasing investments towards infrastructure projects such as industrial establishments, residential complexes etc. Growing demand from automotive sector has been driving sales of steel pipes while increased spending towards energy projects especially water pipelines will continue to increase need for galvanized steel pipes throughout the country. Moreover, large scale investment made towards agriculture based activities will further supplement demand for this product segment during the forecast period 2025?2025. Furthermore, government policies aimed at promoting domestic production are likely to benefit local players operating within this space over upcoming years.
The India steel pipe and steel tubes market have been witnessing robust growth due to infrastructural development, increasing construction activities, and the demand from industries like oil and gas, water distribution, and automotive. Steel pipes and tubes are essential components in these sectors due to their strength, durability, and versatility. The government`s initiatives for infrastructure development and the growth of the oil and gas sector are driving the demand for steel pipes and tubes. Major players in this market include Tata Steel Limited, Jindal SAW Ltd., ArcelorMittal Nippon Steel India Limited, and Steel Authority of India Limited (SAIL).
The India steel pipe and steel tubes market grapple with challenges related to increasing competition from alternative materials like PVC, HDPE, and other non-metallic pipes used in certain applications. Additionally, the steel industry faces concerns about environmental impact and carbon emissions, leading to a growing emphasis on sustainable and eco-friendly production practices. Furthermore, fluctuations in steel prices, influenced by global market dynamics and raw material costs, can affect the overall profitability of manufacturers. To address these challenges, steel pipe and tube manufacturers must focus on product innovation, sustainable practices, and maintaining cost competitiveness.
The India steel pipe and steel tubes market faced challenges during the COVID-19 pandemic. The construction and infrastructure projects were temporarily halted or delayed due to the lockdown, impacting the demand for steel pipes and tubes. Additionally, the slowdown in industrial activities and global uncertainties affected the export-oriented steel pipe industry. However, the government`s emphasis on infrastructure development and the resumption of economic activities in later stages of the pandemic helped the market recover. The market players also adapted to the new normal by implementing safety measures and digitizing their operations.
Key players in the India steel pipe and steel tubes market include Tata Steel Limited, Jindal SAW Ltd., ArcelorMittal Nippon Steel India Limited, Steel Authority of India Limited (SAIL), and Ratnamani Metals & Tubes Ltd.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Steel Pipe and Steel Tubes Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Steel Pipe and Steel Tubes Market Revenues & Volume, 2021 & 2031F |
3.3 India Steel Pipe and Steel Tubes Market - Industry Life Cycle |
3.4 India Steel Pipe and Steel Tubes Market - Porter's Five Forces |
3.5 India Steel Pipe and Steel Tubes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Steel Pipe and Steel Tubes Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Steel Pipe and Steel Tubes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing infrastructure development projects in India leading to increased demand for steel pipes and tubes |
4.2.2 Expansion of oil and gas exploration activities in the country |
4.2.3 Rise in industrialization and urbanization driving the need for steel pipes and tubes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of steel pipes and tubes |
4.3.2 Intense competition from alternative materials such as PVC and HDPE pipes |
4.3.3 Environmental concerns and regulations affecting the manufacturing processes of steel pipes and tubes |
5 India Steel Pipe and Steel Tubes Market Trends |
6 India Steel Pipe and Steel Tubes Market, By Types |
6.1 India Steel Pipe and Steel Tubes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Steel Pipe and Steel Tubes Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Steel Pipe and Steel Tubes Market Revenues & Volume, By Welded Steel Pipe, 2021-2031F |
6.1.4 India Steel Pipe and Steel Tubes Market Revenues & Volume, By Seamless Steel Pipe, 2021-2031F |
6.2 India Steel Pipe and Steel Tubes Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Steel Pipe and Steel Tubes Market Revenues & Volume, By Water, 2021-2031F |
6.2.3 India Steel Pipe and Steel Tubes Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 India Steel Pipe and Steel Tubes Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.5 India Steel Pipe and Steel Tubes Market Revenues & Volume, By Others, 2021-2031F |
7 India Steel Pipe and Steel Tubes Market Import-Export Trade Statistics |
7.1 India Steel Pipe and Steel Tubes Market Export to Major Countries |
7.2 India Steel Pipe and Steel Tubes Market Imports from Major Countries |
8 India Steel Pipe and Steel Tubes Market Key Performance Indicators |
8.1 Capacity utilization rate of steel pipe and tube manufacturers |
8.2 Average selling price of steel pipes and tubes |
8.3 Adoption rate of new technologies in steel pipe and tube production |
8.4 Export demand for Indian steel pipes and tubes |
8.5 Number of infrastructure projects utilizing steel pipes and tubes |
9 India Steel Pipe and Steel Tubes Market - Opportunity Assessment |
9.1 India Steel Pipe and Steel Tubes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Steel Pipe and Steel Tubes Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Steel Pipe and Steel Tubes Market - Competitive Landscape |
10.1 India Steel Pipe and Steel Tubes Market Revenue Share, By Companies, 2024 |
10.2 India Steel Pipe and Steel Tubes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |