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, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 15.76 Billion
CAGR (2026-2031)	4.89%
Fastest Growing Segment	Oil & Gas
Largest Market	North America
Market Size (2031)	USD 20.99 Billion

Market Overview

The Global Line Pipe Market is projected to grow from USD 15.76 Billion in 2025 to USD 20.99 Billion by 2031 at a 4.89% CAGR. Line pipes are high-strength carbon steel conduits engineered for the efficient transportation of fluids, specifically crude oil, natural gas, and water, across long distances within the energy and industrial sectors. The market is fundamentally driven by the rising global energy demand, which necessitates the continuous expansion of transmission infrastructure to link extraction sites with refineries and consumption hubs. Additionally, the urgent requirement to rehabilitate aging pipeline networks in mature economies and the strategic development of deep-water offshore reserves are substantially bolstering the procurement of these essential components.

Despite this positive momentum, the industry contends with notable economic headwinds that complicate project execution. According to the American Iron and Steel Institute, line pipe imports into the United States increased by 15% during the twelve-month period ending in August 2025, reflecting sustained demand in key energy regions. However, a significant challenge impeding broader market expansion is the volatility of raw material costs, particularly iron ore and scrap metal, coupled with stringent environmental permitting processes that frequently delay cross-border infrastructure projects and escalate capital expenditures.

Key Market Drivers

Surging global demand for oil and natural gas acts as the primary catalyst for the line pipe market, necessitating extensive infrastructure to connect extraction sites with refineries and export terminals. This consumption growth compels energy majors to intensify drilling operations and expand gathering networks, directly translating into higher procurement orders for tubular goods. As upstream activities accelerate to meet energy security needs, manufacturers are witnessing robust sales for project-specific applications. For instance, according to Tenaris S.A., February 2025, in the '2024 Fourth Quarter and Annual Results', sales in the Middle East reached a record level as state-owned producers replenished inventory to support increased gas drilling activity. This momentum triggers a ripple effect across the supply chain, bolstering manufacturing output to meet the heightened requirements for both extraction and transport conduits.

The proliferation of cross-border and inter-regional transmission projects further accelerates market expansion by requiring long-distance, high-capacity pipeline systems. As nations seek to diversify supply sources, investment flows into large-scale interstate networks that link resource-rich basins to demand centers and LNG export facilities. According to the U.S. Energy Information Administration, March 2025, in the 'Natural Gas Pipeline Projects' report, total interstate and intrastate pipeline capacity additions reached 17.8 billion cubic feet per day in 2024, surpassing the previous year's levels for the second consecutive time. This infrastructure build-out supports robust global trade volumes; according to the Shanghai Metal Market, January 2025, Chinese steel pipe exports increased by 10.3% year-on-year to reach 11.63 million metric tons in 2024, reflecting the sustained international appetite for transmission materials.

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Key Market Challenges

The volatility of raw material costs, specifically regarding iron ore and scrap metal, serves as a significant impediment to the growth of the Global Line Pipe Market. This price instability creates unpredictable variances in manufacturing expenses, making it difficult for pipe producers to offer fixed pricing for long-term contracts. Consequently, energy operators often delay Final Investment Decisions (FIDs) on new transmission infrastructure as capital expenditures escalate beyond initial projections. When manufacturers cannot hedge effectively against rising input costs, the resulting financial risk is passed down the supply chain, causing a slowdown in project approvals and a reduction in new procurement orders.

This hesitancy is evident in broader industrial metrics that track material consumption. According to the World Steel Association, in October 2025, global steel demand was projected to remain flat for the year at approximately 1.75 billion tonnes, a stagnation attributed largely to persistent high production costs and economic uncertainty. This lack of volume growth highlights how cost fluctuations are directly suppressing activity levels, preventing the line pipe sector from fully capitalizing on global energy requirements.

Key Market Trends

The Expansion of Hydrogen-Ready Pipeline Infrastructure is fundamentally altering procurement patterns as energy grids transition toward low-carbon vectors. This shift necessitates the deployment of fracture-resistant steel grades capable of mitigating hydrogen embrittlement, driving the construction of new dedicated transmission lines and the retrofitting of existing natural gas networks. Manufacturers are rapidly adapting production lines to meet these stringent metallurgical standards, ensuring compatibility with future energy blends. According to FGSZ Ltd., December 2025, in the 'European Hydrogen Backbone' update, the initiative outlined a vision for a 39,700-kilometer hydrogen transport network by 2040, with approximately 69% of the system comprised of repurposed natural gas pipelines, indicating a massive structural shift in asset utilization.

Concurrently, the Development of Specialized Carbon Capture and Storage Networks is generating substantial demand for high-specification conduits designed for supercritical CO2 transport. These projects require line pipes with enhanced toughness and corrosion resistance to safely link industrial emission clusters with geological storage hubs, moving the sector beyond traditional hydrocarbon applications. This infrastructure build-out is actively transitioning from pilot phases to commercial deployment, creating a new, long-term revenue stream for pipe manufacturers. According to the Global CCS Institute, October 2025, in the 'Global Status of CCS Report 2025', the total number of carbon capture facilities in the development pipeline globally increased to 734, with operational capacity reaching 64 million tonnes per annum, signaling a critical expansion in dedicated transport infrastructure.

Segmental Insights

The Oil and Gas segment is anticipated to exhibit the fastest growth within the Global Line Pipe Market, fueled by the rising global consumption of energy and the need for efficient transportation infrastructure. Rapid developments in offshore drilling and unconventional gas reserves require robust pipeline networks to connect extraction sites with refineries. Furthermore, the modernization of aging transmission lines ensures sustained demand. This expansion is underpinned by rigorous quality standards established by the American Petroleum Institute, which mandate the use of high-strength materials capable of withstanding extreme pressure and corrosive conditions.

Regional Insights

North America maintains a dominant position in the global line pipe market, driven largely by robust activities in the United States oil and gas sector. The region benefits from extensive shale gas exploration and significant offshore drilling operations in the Gulf of Mexico. These energy production methods require expansive pipeline networks for efficient transmission. Additionally, the Federal Energy Regulatory Commission provides a structured framework that supports the development of necessary interstate infrastructure. Consequently, the consistent demand for energy transportation establishes North America as the primary regional market.

Recent Developments

• In May 2025, Corinth Pipeworks received contracts from Snam to manufacture and supply over 180 kilometers of steel pipes for the Adriatica pipeline project in Italy. The order included 48-inch Helical Submerged Arc Welding pipes and 56-inch Longitudinal Submerged Arc Welding pipes produced with L450ME steel grade. Notably, these pipes were certified for the transport of up to 100% hydrogen, aligning with European goals for a decarbonized energy network. The manufacturing and external anti-corrosion coating processes were designated for the company’s facility in Thisvi, Greece, where advanced testing methodologies ensured the suitability of the materials for future hydrogen applications.
• In November 2024, Tenaris secured a contract from Subsea7 to supply pipes and coating solutions for the Búzios 9 project, operated by Petrobras in the Santos Basin, Brazil. The scope of work included the provision of 102 kilometers of carbon steel pipes for risers and flowlines, along with the application of thermal insulation coatings critical for deepwater environments. The seamless pipes were to be manufactured at the company’s production center in Italy, while the coating process was assigned to its facility in Brazil. This award reinforced the company's position as a key supplier for complex offshore developments in the pre-salt region.
• In April 2024, Vallourec won a major order to supply line pipes for the deepwater Whiptail project operated by ExxonMobil Guyana within the Stabroek Block. The contract required the delivery of over 180 kilometers of line pipe, including the proprietary X80 grade designed by the company’s research teams to offer high strength and resistance to corrosive service conditions. This award was the fourth under a long-term agreement signed in 2021, further strengthening the supplier relationship in the region. The products were scheduled to be manufactured at the company’s advanced mill in Jeceaba, Brazil, leveraging its strategic proximity to the offshore operations.
• In March 2024, Liberty Steel announced that its Hartlepool pipes division was selected to supply pipelines for the Northern Endurance Partnership and Net Zero Teesside Power projects in the United Kingdom. The contract encompassed the manufacturing of onshore and offshore line pipes for a major carbon capture and storage infrastructure scheme intended to serve the East Coast Cluster. These pipelines were designed to transport captured carbon dioxide from industrial clusters to secure subsea storage sites. This development highlighted the company’s technical expertise in producing specialized steel pipes capable of meeting the rigorous safety and pressure standards required for critical energy transition projects.

Key Market Players

• 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.

By Material	By Diameter	By Application	By Joint Type	By Region
Carbon Steel Alloy Steel Stainless Steel Thermoplastic	Less than 6 Inches 6-12 Inches 12-18 Inches Greater than 18 Inches	Oil & Gas Water & Wastewater Chemicals & Petrochemicals Mining Power Generation Other	Beveled Threaded Coupled Welded	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Line Pipe Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Line Pipe Market, By Material:

• Carbon Steel
• Alloy Steel
• Stainless Steel
• Thermoplastic

• Line Pipe Market, By Diameter:

• Less than 6 Inches
• 6-12 Inches
• 12-18 Inches
• Greater than 18 Inches

• Line Pipe Market, By Application:

• Oil & Gas
• Water & Wastewater
• Chemicals & Petrochemicals
• Mining
• Power Generation
• Other

• Line Pipe Market, By Joint Type:

• Beveled
• Threaded
• Coupled
• Welded

• Line Pipe Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE