Product Code: ETC347909 | 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 Philippines steel pipe & tubes market was valued at USD 1 billion in 2025 and is projected to reach a value of USD 1. 1 billion by 2025, growing at an estimated CAGR of 4. 2%. Fabricated pipes accounted for around 23% share of the total revenues earned from sales in 2025. This segment?s dominance can be attributed to its widespread use across various industrial applications such as plumbing, mechanical engineering among others. Moreover increasing demand for stainless steel pipes is further driving growth within this sub-segment during the forecast period.
The Philippines steel pipe and steel tubes market is expected to experience steady growth due to infrastructure development, construction projects, and the demand for energy-related applications. The government`s push for improved transportation networks and energy infrastructure will drive the demand for these products. Additionally, the growth of the manufacturing sector and increasing urbanization contribute to the market`s expansion.
The market faces several challenges. Fluctuating raw material costs and global supply chain disruptions impact the profitability of manufacturers. Additionally, competition from imported products, often at lower prices, poses a threat to local producers. Ensuring product quality to meet industry standards and maintaining cost-effectiveness remain constant challenges.
The Philippines steel pipe and steel tubes market faced challenges during the pandemic as lockdowns and restrictions led to disruptions in manufacturing operations, supply chains, and construction activities. Reduced demand from sectors such as infrastructure, real estate, and automotive further strained the market. The uncertain economic environment and delayed projects caused a decline in investments, affecting the overall market outlook.
Some of the prominent companies operating in the Philippines steel pipe and steel tubes market include SteelAsia Manufacturing Corporation, Allied Steel Pipes Corporation, and Nihonweld Industrial Welding Corporation.
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 Philippines Steel Pipe and Steel Tubes Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Steel Pipe and Steel Tubes Market - Industry Life Cycle |
3.4 Philippines Steel Pipe and Steel Tubes Market - Porter's Five Forces |
3.5 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Steel Pipe and Steel Tubes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing infrastructure development projects in the Philippines |
4.2.2 Increasing demand for steel pipes and tubes in the construction industry |
4.2.3 Government initiatives to boost manufacturing and industrial sectors |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as steel |
4.3.2 Competition from alternative materials like PVC and HDPE pipes |
4.3.3 Economic volatility impacting construction activities |
5 Philippines Steel Pipe and Steel Tubes Market Trends |
6 Philippines Steel Pipe and Steel Tubes Market, By Types |
6.1 Philippines Steel Pipe and Steel Tubes Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, By Welded Steel Pipe, 2021-2031F |
6.1.4 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, By Seamless Steel Pipe, 2021-2031F |
6.2 Philippines Steel Pipe and Steel Tubes Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, By Water, 2021-2031F |
6.2.3 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.5 Philippines Steel Pipe and Steel Tubes Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Steel Pipe and Steel Tubes Market Import-Export Trade Statistics |
7.1 Philippines Steel Pipe and Steel Tubes Market Export to Major Countries |
7.2 Philippines Steel Pipe and Steel Tubes Market Imports from Major Countries |
8 Philippines Steel Pipe and Steel Tubes Market Key Performance Indicators |
8.1 Number of infrastructure projects awarded |
8.2 Capacity utilization rate of steel pipe and tube manufacturers |
8.3 Average selling price of steel pipes and tubes |
8.4 Import/export volume of steel pipes and tubes |
8.5 Adoption rate of steel pipes and tubes in key industries |
9 Philippines Steel Pipe and Steel Tubes Market - Opportunity Assessment |
9.1 Philippines Steel Pipe and Steel Tubes Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Steel Pipe and Steel Tubes Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Steel Pipe and Steel Tubes Market - Competitive Landscape |
10.1 Philippines Steel Pipe and Steel Tubes Market Revenue Share, By Companies, 2024 |
10.2 Philippines Steel Pipe and Steel Tubes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |