Seamless Pipes Market Report 2026

The seamless pipes market size has grown strongly in recent years. It will grow from $248.08 billion in 2025 to $260.68 billion in 2026 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growth of oil and gas exploration, expansion of power generation infrastructure, increasing construction activities, development of automotive and aviation sectors, advancement in steel and alloy production technologies.

The seamless pipes market size is expected to see steady growth in the next few years. It will grow to $315 billion in 2030 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to adoption of smart manufacturing in pipe production, rising demand for high-performance alloys, expansion in renewable energy projects, increasing use in high-pressure and extreme environment applications, growth of infrastructure and construction projects globally. Major trends in the forecast period include adoption of advanced seamless pipe manufacturing techniques, increasing use of high-strength alloy pipes, expansion of cold drawn and hot finished pipe applications, integration of automation and smart monitoring in pipe production, rising demand for seamless pipes in oil, gas, and power sectors.

The installation of new transmission pipelines is anticipated to drive the growth of the seamless pipes market in the coming years. Transmission pipelines are large-diameter, high-strength steel pipelines designed to transport crude oil and natural gas over long distances from production and gathering systems to processing, refining, or storage facilities. The rise in new transmission pipeline installations is driven by growing investments in energy infrastructure to accommodate increased oil and gas production and to ensure dependable long-distance transportation. Seamless pipes facilitate the installation of new transmission pipelines by offering enhanced strength, pressure tolerance, and durability, which are critical for operations involving high pressure and high temperatures. For example, in March 2024, the US Energy Information Administration (EIA), a US-based government agency, reported that the United States added 5.2 billion cubic feet per day (Bcf/d) of new intrastate natural gas pipeline capacity in 2023, demonstrating the extent of new pipeline development. Therefore, the expansion of transmission pipeline installations is fueling the growth of the seamless pipes market.

Leading companies in the seamless pipe market are concentrating on product innovations and the development of new technologies, particularly low-carbon emissions technologies, to promote sustainability, minimize environmental impact, and comply with evolving regulatory standards. Low-carbon emissions refer to the significantly reduced release of greenhouse gases, particularly carbon dioxide, into the atmosphere, often achieved through cleaner technologies and renewable energy sources. For example, in July 2023, ArcelorMittal S.A., a multinational steel manufacturing company based in Luxembourg, introduced the first carbon-mission steel tubes. These tubes are produced from XCarb® recycled and renewably sourced steel, manufactured using an Electric Arc Furnace (EAF) that relies on high levels of scrap and 100% renewable electricity, thus greatly reducing the carbon footprint compared to conventional steelmaking processes.

In November 2024, Cogne Acciai Speciali S.p.A., a subsidiary of Walsin Lihwa Corporation, a Taiwan-based industrial conglomerate focused on steel and related products, acquired Mannesmann Stainless Tubes GmbH for an undisclosed sum. Through this acquisition, the company aimed to strengthen its presence in the seamless tube market by extending its global reach, diversifying its customer base, and enhancing vertical integration in high-value stainless steel and nickel alloy seamless tubing. Mannesmann Stainless Tubes GmbH is a Germany-based manufacturer of seamless tubes, specializing in the production of premium stainless steel and nickel-based alloy seamless tubes for sectors including oil and gas, chemicals, and engineering.

Major companies operating in the seamless pipes market report are Nippon Steel Corporation, Vallourec SA, Tenaris SA, ArcelorMittal, JFE Holdings, Inc, Sumitomo Corporation, Salzgitter AG, United States Steel Corporation, TATA Steel, Maharashtra Seamless Ltd, Hunan Standard Steel Co., Ltd, Ansteel Group Co., Ltd, Baosteel Trading Co., Ltd, Wuhan Heavy Industry Casting & Forging Co., Ltd, Jiangsu Wujin Stainless Steel Pipe Group Co., Ltd, Jindal Saw Ltd, Sandvik AB, IPP Europe Ltd., Tubos Reunidos S., TMK Group., Zekelman Industries Inc., Zamzam Steel, Santok Steel Corporation, ArcoSteel, AK Steel Holding.

North America was the largest region in the seamless pipes market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the seamless pipes market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the seamless pipes market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The seamless pipes market consists of sales of billets, chromium, molybdenum, nickel, and manganese. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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