Philippines Steel Pipes & Tubes Market (2025-2031) Outlook | Companies, Value, Analysis, Trends, Forecast, Size, Growth, Share, Industry, Revenue
Market Forecast By Technology (Seamless, ERW, SAW), By Application (Oil & gas, Chemicals and petrochemicals, Automotive & transportation, Mechanical engineering, Power plant, Construction, Others) And Competitive Landscape
| Product Code: ETC359969 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Philippines Steel Pipes & Tubes Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The Philippines steel pipes & tubes import market continued to show strong growth in 2024, with top exporting countries including China, Singapore, Japan, USA, and India. Despite the high concentration of the market, the industry experienced a remarkable Compound Annual Growth Rate (CAGR) of 17.69% from 2020 to 2024. The growth momentum further accelerated in 2024 with a growth rate of 35.11% compared to the previous year. This indicates a robust demand for steel pipes & tubes in the Philippines, highlighting opportunities for both domestic and international suppliers to capitalize on the market`s upward trajectory.
philippines steel pipes tubes market Synopsis
The Philippine steel pipes and tubes market size was valued at USD 2. 3 billion in 2025 and is expected to reach USD 3. 1 billion by 2031, registering a CAGR of 4. 1% during the forecast period. The total export volume of steel pipes from the Philippines reached 551 thousand tons in 2025, up from 441 thousand tons recorded in 2018, witnessing a compound annual growth rate (CAGR) of 8. 1% during the estimated years. Major markets for exports included Japan, China, South Korea, Taiwan and India which accounted for over 58% share collectively in terms of value in 2025.
Drivers of the Market
Steel pipes and tubes are essential components in various industries, including construction, oil and gas, and infrastructure development. The growth of these sectors is likely to drive demand for steel pipes and tubes in the Philippines. Infrastructure projects, urban development, and industrial expansion can be significant drivers for this market`s growth.
Challenges of the Market
In the steel pipes and tubes market, infrastructure development offers opportunities, but import dependence, stringent regulations, and project delays pose challenges.
COVID-19 Impact on the Market
Construction disruptions during the pandemic could have affected demand for steel pipes and tubes. Post-pandemic recovery and infrastructure development efforts could drive future demand.
Key Players in the Market
Steel pipes and tubes are essential for infrastructure and industrial applications. Market growth could be influenced by construction, manufacturing, and oil and gas sectors. SteelAsia Manufacturing Corporation, Philsteel Holdings Corporation, and Apex Steel Pipe & Piling.
Key Highlights of the Report:
- Philippines Steel Pipes & Tubes Market Outlook
- Market Size of Philippines Steel Pipes & Tubes Market, 2024
- Forecast of Philippines Steel Pipes & Tubes Market, 2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Revenues & Volume for the Period 2021-2031
- Philippines Steel Pipes & Tubes Market Trend Evolution
- Philippines Steel Pipes & Tubes Market Drivers and Challenges
- Philippines Steel Pipes & Tubes Price Trends
- Philippines Steel Pipes & Tubes Porter's Five Forces
- Philippines Steel Pipes & Tubes Industry Life Cycle
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Technology for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Seamless for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By ERW for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By SAW for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Oil & gas for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Chemicals and petrochemicals for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Automotive & transportation for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Mechanical engineering for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Power plant for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Construction for the Period 2021-2031
- Historical Data and Forecast of Philippines Steel Pipes & Tubes Market Revenues & Volume By Others for the Period 2021-2031
- Philippines Steel Pipes & Tubes Import Export Trade Statistics
- Market Opportunity Assessment By Technology
- Market Opportunity Assessment By Application
- Philippines Steel Pipes & Tubes Top Companies Market Share
- Philippines Steel Pipes & Tubes Competitive Benchmarking By Technical and Operational Parameters
- Philippines Steel Pipes & Tubes Company Profiles
- Philippines Steel Pipes & Tubes Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Steel Pipes & Tubes Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Steel Pipes & Tubes Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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