Seamless - Steel Pipes & Tubes Market Statistics

The global seamless steel pipes & tubes market size was valued at US$ 18,377.5 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030.

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Global seamless steel pipes & tubes market statistics, 2018-2030 (US$M)

Global seamless steel pipes & tubes market statistics, 2018-2030 (US$M)

Seamless - Steel pipes & tubes market highlights

  • The global seamless segment generated a revenue of USD 18,377.5 million in 2023 and is expected to reach USD 28,178.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.9% by 2030.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, China is expected to register the highest CAGR from 2024 to 2030.

Market summary

Market revenue in 2023USD 18,377.5 million
Market revenue in 2030USD 28,178.4 million
Growth rate6.9% (CAGR from 2024 to 2030)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million

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Steel Pipes & Tubes Market Scope

Steel pipes & tubes market segmentation & scope
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