Spiral Welded Pipe Market

According to a new report published by Introspective Market Research, titled, “Spiral Welded Pipe Market by Type, Coating Types, End-User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024–2032,” 

the global Spiral Welded Pipe market size was valued at $ 13.74 billion in 2023, and is projected to reach $31.53 billion by 2032, registering a CAGR of 9.67% from 2024 to 2032.

One type of steel pipe that is created by helically shaping and welding a steel strip or coil is known as a spiral welded pipe. The procedure used in production is called helical or spiral welding. Throughout the length of the pipe, the steel coil or strip is unwound, flattened, and shaped into a spiral shape with a continuous seam. Manufacturing's main concerns are efficiency, dependability, and affordability; spiral welded pipes are now essential parts of developing infrastructure, especially in the oil and gas sector. These pipes are crucial to the transportation of natural gas, refined petroleum products, and crude oil. They provide an economical and dependable option for long-distance pipelines that can be used onshore or offshore.   

The Spiral Welded Pipe Market is segmented into Type, Coating Types, End-User, Distribution Channels, and regions. By Type, the market is categorized into ERW Pipes, LSAW Pipes, and SSAW Pipes. By Coating Type, the market is categorized into Internal Coating and External Coating. By End-User, the market is categorized into Oil and Gas Industry, Water and Wastewater Management, Construction, Mining, Marine, and Offshore. By Distribution Channels, the market is categorized into Direct Sales, Distribution Networks, Distributors and Wholesalers, and Retailers. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).  

The growing need for gas and oil is driving expansion in the spiral welded pipe industry. Preferred for their strength, longevity, and affordability are spiral welded pipes. They are crucial to the construction of pipelines that move gas and oil from production wells to distribution hubs, storage facilities, and refineries. Large-diameter pipelines are built using spiral welded pipes, which are well-known for their superior performance and economic benefits. These pipelines carry natural gas from processing facilities to distribution hubs and final users. An important element driving the spiral welded pipe market's expansion is the growing demand for natural gas and oil, as well as rising energy consumption and exploration efforts.

The market for spiral welded pipes is expanding as a result of urbanization and infrastructural development. The demand for dependable and efficient infrastructure increases as cities and people develop, leading to a surge in the use of spiral-welded pipes. Broad infrastructure, including as electricity grids, transportation networks, and facilities for treating wastewater and water, is being developed at a faster rate as a result of urbanization. The foundation of these systems is made up of spiral welded pipes, which offer the longevity and structural integrity needed to move vital commodities like gas, electricity, and water around cities.  

Global Spiral Welded Pipe Market, Segmentation

The Spiral Welded Pipe market is segmented on the basis of Type, Coating Types, End-User, Distribution Channel, and region.

Coating Types:

The type segment is further classified into Internal Coating and external Coating. Among these, the External Coating sub-segment accounted for the highest market share in 2023. In the Spiral Welded Pipe Market, the External Coating sector plays a crucial role in guaranteeing the resilience and lifespan of pipes in harsh settings. External coatings improve the pipes' resistance to adverse conditions by acting as a barrier against abrasion, corrosion, and other external influences. extensively used in many sectors, including the oil and gas industry. Because it is essential to maintaining the integrity of pipelines, this section is dominant. It protects against environmental factors in addition to industrial norms and guidelines. The importance of the External Coating segment is further cemented by the necessity for corrosion-resistant solutions and the growing integrity of pipelines. This makes the segment essential to the dependability and efficiency of spiral welded pipes.

End-User:

The End-User segment is further classified into Oil and Gas Industry, Water and Wastewater Management, Construction, Mining, Marine and Offshore. Among these, the Oil and Gas Industry sub-segment is anticipated to show the fastest growth by 2032. Extensive exploration and production activities are required to meet the growing worldwide demand for oil and gas, which in turn calls for large investments in pipeline infrastructure. In this industry, spiral welded pipes are especially valued for their durability, affordability, and capacity to move heavy hydrocarbon loads across long distances. They are perfect for use in both onshore and offshore oil and gas operations because of their resistance to high pressure and challenging environmental conditions. The quality and efficiency of spiral welded pipes have also been greatly improved by technological and manufacturing process developments, which has further cemented their status as the industry standard for pipeline construction in the oil and gas industry.

Region:

The Spiral Welded Pipe market in Asia-Pacific is projected to show the fastest growth by 2032. The demand for spiral welded pipes is rising due to Asia Pacific's rapid infrastructural development and urbanization. Infrastructure that is dependable and efficient will be more and more necessary as cities and populations rise. The need for spiral welded pipes in power grids, transportation networks, water and wastewater treatment facilities, and construction projects is being driven by these causes. Infrastructure applications benefit greatly from the strength, longevity, and affordability of spiral welded pipes. Some of the biggest producers of gas and oil in the world, including South Korea, China, and India, are found in the Asia-Pacific region.

Some of the leading Spiral Welded Pipe market players are

• American SpiralWeld Pipe Company (U.S)
• EVRAZ (U.K)
• EUROPIPE Group (Germany)
• Borusan Mannesmann (Turkey)
• Tenaris (Luxembourg)
• Baoji Petroleum Steel Pipe (China)
• JFE (Japan)
• Jindal SAW Ltd (India)
• Essar Steel (India)
• Jiangsu Yulong Steel Pipe (China), and Other Active Players.

Key Industry Developments

• In January 2024, Chu Kong Petroleum and Natural Gas Steel Pipe Holdings Limited won the bid for the Middle East dock engineering project of Daewoo Engineering & Construction Co., Ltd., attributed to its outstanding product quality and capabilities. Founded in 1973 and headquartered in Seoul, South Korea, Daewoo Engineering & Construction Co., Ltd. primarily engages in constructing social infrastructure and housing, as well as in the energy industry.
• In November 2023, Tenaris S.A. announced that it had completed the acquisition of Mattr’s pipe coating business unit for US$182.6 million (including estimated working capital and US$16.9 million in cash). The acquired business included nine plants located in Canada, Mexico, Norway, Indonesia, the UAE, and the US, as well as several mobile concrete plants. The acquisition also encompassed world-class R&D facilities in Canada and Norway and a comprehensive IP/product portfolio.

Key Findings of the Study / Key Industry Developments. 

• Spiral welded pipes are created by helically shaping and welding a steel strip or coil, providing efficiency, reliability, and affordability.
• The demand for spiral welded pipes is driven by urbanization and the need for reliable and efficient infrastructure, making them essential for transporting gas, electricity, and water across cities.
• Enhanced quality and efficiency make spiral welded pipes the industry standard for oil and gas pipelines.