Line Pipe Market is expected to Grow with a CAGR of 4.57% through 2030

The Line Pipe Market is primarily driven by increasing global demand for energy infrastructure, especially in oil and gas, coupled with rapid industrialization and growing investments in pipeline projects worldwide.

According to TechSci Research report, “Line Pipe Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Line Pipe Market was valued at USD 15.39 Billion in 2024 and is expected to reach USD 20.30 Billion by 2030 with a CAGR of 4.57%. A key driver propelling the growth of the global line pipe market is the escalating demand for energy infrastructure expansion and modernization, particularly driven by the rising global consumption of oil and natural gas and the ongoing transition toward cleaner and more efficient energy systems. As the global population and industrial activities grow, so does the need for reliable and extensive pipelines to transport hydrocarbons from production sites to refineries, processing plants, and end consumers. Oil and gas pipelines remain the backbone of energy transportation, and governments and private sector players are investing heavily in expanding pipeline networks to secure energy supply, reduce dependence on imports, and improve operational efficiency.

This surge is especially notable in emerging economies such as China, India, Southeast Asia, and the Middle East, where rapid urbanization, industrialization, and energy demand growth necessitate robust pipeline infrastructure development. Additionally, the rising trend of natural gas as a preferred fuel—due to its relatively lower carbon emissions compared to coal and oil—is fostering significant investments in gas pipeline infrastructure, including cross-border pipelines, LNG transportation, and city gas distribution systems. The line pipe market is also benefiting from the increasing adoption of technologically advanced pipes, including high-strength, corrosion-resistant, and flexible steel pipes, which improve pipeline longevity and safety while enabling more challenging terrain and deepwater pipeline installations.

Technological advancements in pipe manufacturing processes, such as electric resistance welding (ERW), spiral submerged arc welding (SSAW), and longitudinal submerged arc welding (LSAW), have enhanced production efficiency, reduced costs, and improved product quality, making line pipes more accessible and reliable for diverse applications. Collectively, these factors create a conducive environment for sustained growth in the line pipe market, positioning it as a critical enabler of global energy transition and infrastructure resilience across multiple sectors worldwide.

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Based on Joint Type, Beveled segment held the largest Market share in 2024, reflecting its critical role in ensuring structural integrity and facilitating efficient welding processes. Beveled ends, characterized by their angled edges, are essential for creating strong, smooth, and leak-resistant welds, making them particularly valuable in industries like oil and gas exploration, power generation, and water infrastructure. The preference for beveled joints is driven by their ability to accommodate various welding techniques, such as butt welding and fillet welding, which are commonly used in pipeline construction. This versatility allows for the construction of pipelines that can withstand high pressures and harsh environmental conditions. Additionally, the increasing demand for durable and cost-effective pipeline solutions has led to a rise in the adoption of beveled joints, as they contribute to the overall efficiency and longevity of pipeline systems. As the global infrastructure continues to expand, the beveled joint segment is poised for sustained growth, supported by ongoing investments in energy and water sectors. This trend underscores the importance of selecting appropriate joint types to meet the evolving needs of modern pipeline systems.

Based on region, Asia Pacific is the fastest-growing region in the line pipe market, driven by rapid industrialization, expanding oil and gas exploration activities, and increasing infrastructure development across countries such as China, India, and Southeast Asia. Rising energy demand and government initiatives to enhance energy security have accelerated pipeline construction projects, particularly in the upstream and midstream sectors. Additionally, the region’s focus on tapping unconventional resources and offshore reserves is boosting the demand for advanced line pipes. Investments in pipeline replacement and expansion, coupled with technological advancements, position Asia Pacific as a key growth hub for the line pipe market globally.

Major companies operating in the Global Line Pipe Market are:

• Tenaris S.A.
• JFE Steel Corporation
• Nippon Steel Corporation
• TMK Group
• EVRAZ plc
• Welspun Corp Limited
• ChelPipe Group
• United States Steel Corporation
• ArcelorMittal S.A.
• Baoshan Iron & Steel Co., Ltd.

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“The Global Line Pipe Market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. The line pipe market is poised for substantial growth, fueled by increased investments in upstream oil and gas exploration, particularly in offshore and deepwater sectors demanding advanced pipeline infrastructure. Escalating transportation needs for natural gas and crude oil, along with the shift towards unconventional resources such as shale and tight gas, are driving pipeline expansion. Furthermore, infrastructure upgrades, pipeline replacements, and supportive government policies aimed at bolstering energy security create significant market opportunities. The adoption of high-strength, corrosion-resistant line pipes and innovations in manufacturing technologies are further enabling market penetration, especially across emerging economies undergoing rapid industrialization and urbanization. Therefore, the Market of Line Pipe is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

“Line Pipe Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Material (Carbon Steel, Alloy Steel, Stainless Steel, Thermoplastic), By Diameter (Less than 6 Inches, 6-12 Inches, 12-18 Inches, Greater than 18 Inches), By Application (Oil & Gas, Water & Wastewater, Chemicals & Petrochemicals, Mining, Power Generation, Other), By Joint Type (Beveled, Threaded, Coupled, Welded), By Region, By Competition, 2020-2030F”, has evaluated the future growth potential of Global Line Pipe Market and provides statistics & information on the Market size, structure, and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Line Pipe Market.

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