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Spiral Welded Pipe Market Overview

Spiral Welded Pipe Market size is expected to grow from USD 13.74 Billion in 2023 to USD 31.53 Billion by 2032, at a CAGR of 9.67% during the forecast period (2024-2032).

A spiral welded pipe is a type of steel pipe that is produced by helically forming and welding a steel strip or coil. The manufacturing process is known as spiral or helical welding. The steel strip or coil is unwound, flattened, and formed into a spiral shape with a continuous seam along the length of the pipe.

  • Manufacturers are focused on efficiency, durability, and cost-effectiveness, spiral welded pipes have become integral components in infrastructure development, particularly in the oil and gas industry. These pipes play a crucial role in the transportation of crude oil, natural gas, and refined petroleum products, offering a reliable and cost-efficient solution for long-distance pipelines both onshore and offshore.
  • The construction industry relies heavily on spiral welded pipes for foundation piling, structural support in bridges, and building foundations. Their versatility extends to water and wastewater management, facilitating the distribution of water in urban and rural areas and managing sewage systems efficiently. As essential components in irrigation systems for agriculture, these pipes contribute to sustainable water use in farming practices.
  • The Global Spiral Welded Pipe Market is driven due to its applications in mining, renewable energy projects, industrial sectors, and marine and offshore industries. It is crucial for infrastructure development and adapts to various industries, influenced by economic conditions, technological advancements, and evolving industry needs. It is also used in casing and transportation of mining products.

Spiral Welded Pipe Market - Comprehensive Study Report & Recent Trends

Spiral Welded Pipe Market Trend Analysis:

The Growing Demand in the Oil and Gas Industry

  • The spiral welded pipe market is experiencing growth due to rising oil and gas demand. Spiral welded pipes are preferred for their strength, durability, and cost-effectiveness. They are essential in constructing pipelines for oil and gas transportation from production wells to refineries, storage facilities, and distribution centers.
  • The Spiral Welded pipes are known for superior performance and cost advantages and are extensively used in the construction of large-diameter pipelines for transporting natural gas from processing plants to distribution centers and end consumers. The increasing demand for oil and gas rising energy consumption, expanding exploration activities, and the preference for natural gas, is a key factor for the growth of the spiral welded pipe market.

Increasing Urbanization and Infrastructial Development       

  • Urbanization and infrastructure development are playing an important role in driving the growth of the spiral welded pipe market. As cities expand and populations grow, the demand for efficient and reliable infrastructure intensifies, creating a rise and need for spiral-welded pipes. Urbanization increases the development of extensive infrastructure, including water and wastewater treatment plants, transportation networks, and power grids. Spiral welded pipes are the backbone of these systems, providing the structural integrity and durability required to transport essential resources like water, gas, and electricity throughout urban centers.
  • Infrastructure development projects, such as the construction of highways, bridges, and buildings, also rely heavily on spiral welded pipes. Versatility and ability to withstand varying loads make them ideal for applications in structural support and reinforcement. Urbanization and infrastructure development are rising spiral welded pipe market to flourish. As cities expand and infrastructure needs evolve, the demand for these pipes will increase.

Spiral Welded Pipe Market Segment Analysis:

Spiral Welded Pipe Market Segmented based on Type, Coating Types, End-User, and Distribution Channel.

By Coating Types, External Coating segment is expected to dominate the market during the forecast Period

  • The External Coating segment in the Spiral Welded Pipe Market is a component ensuring the durability and longevity of pipes in demanding environments. External coatings act as a protective barrier against corrosion, abrasion, and other external factors, enhancing the pipes' resistance to harsh conditions. Widely adopted in various industries such as oil and gas.
  • The segment dominates due to its critical role in preserving the integrity of pipelines. It safeguards against environmental elements and also with industry standards and regulations. The increasing pipeline integrity and the need for corrosion-resistant solutions further solidify the prominence of the External Coating segment, making it integral to the reliability and performance of spiral welded pipes.

Spiral Welded Pipe Market Regional Insights:

Asia Pacific is expected to dominate the Market over the Forecast period

  • The rapid urbanization and infrastructure development in Asia Pacific is growing the demand for spiral welded pipes. As cities expand and populations grow, there will be an increasing need for efficient and reliable infrastructure. These factors are driving the demand for spiral welded pipes in construction projects, water and wastewater treatment plants, power grids, and transportation networks. Spiral welded pipes are well-suited for infrastructure applications due to their strength, durability, and cost-effectiveness. Asia Pacific is home to some of the world's largest oil and gas producers, such as China, India, and South Korea.
  • These pipes are used to construct pipelines to transport energy resources from production wells to refineries, storage facilities, and distribution centers. The growing oil and gas production activities in the region are increasing need for these pipes. Oil and gas industries are dependent on spiral welded pipes for transporting petrochemicals from production plants to customers. The growth of the petrochemical sector in Asia Pacific is expected to continue to fuel the demand for spiral-welded pipes in the coming years. The Asia Pacific region is growing to maintain its dominance in the Spiral Welded Pipe Market due to the growing Market.  

 Key Players Covered in Spiral Welded Pipe Market:

  • 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)
  • Zhejiang Kingland (china)
  • Shengli Oil & Gas Pipe (China)
  • CNPC Bohai Equipment Manufacturing (China)
  • CHU KONG PIPE (China)
  • Baosteel (China), and Other Major Players

Key Industry Developments in the Spiral Welded Pipe Market:

  • In April 2023, EUROPIPE GmbH finalized the sale of its US production company, Berg Pipe Group, to Borusan Mannesmann Pipe US Inc., a subsidiary of Borusan Mannesmann Holding AS based in Istanbul, Turkey. The transaction, effective involved Berg Pipe's facilities in Mobile, Alabama, and Panama City, Florida, which employ approximately 400 workers. EUROPIPE GmbH intends to utilize the proceeds to strengthen its primary facility in Mülheim an der Ruhr, Germany, aligning with its strategy to focus on manufacturing offshore line pipes amidst increasing global demand for clean energy infrastructure.
  • In December 2023 - Tenaris, a renowned global leader in steel pipe manufacturing, and Jiangsu Yulong Steel Pipe, a prominent player in China's steel pipe market, proudly announced a strategic partnership aimed at propelling innovation in spiral welded pipe technology.

Global Spiral Welded Pipe Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 13.74 Bn.

Forecast Period 2024-32 CAGR:

9.67%

Market Size in 2032:

USD 31.53 Bn.

Segments Covered:

By Type
  • ERW Pipes
  • LSAW Pipes
  • SSAW Pipes

By Coating Types
  • Internal Coating
  • External Coating

By End-User
  • Oil and Gas Industry
  • Water and Wastewater Management
  • Construction
  • Mining
  • Marine and Offshore

By Distribution Channel
  • Direct Sales
  • Distribution Networks
  • Distributors and Wholesalers
  • Retailers

By Region
  • 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, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:
  • The Growing Demand in the Oil and Gas Industry

Key Market Restraints:
  • Increasing Competition from other types of Pipes

Key Opportunities:
  • Increasing Urbanization and Infrastructural Development

Companies Covered in the report:
  • American SpiralWeld Pipe Company, EVRAZ, EUROPIPE Group, Borusan Mannesmann, Tenaris and Other Major Players.
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Frequently Asked Questions :

What would be the forecast period in the Spiral Welded Pipe Market research report?

The forecast period in the Spiral Welded Pipe Market research report is 2024-2032.

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What are the segments of the Spiral Welded Pipe Market?
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