Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Stainless Steel Seamless Pipes Market by Grade (Austenitic, Ferritic, Duplex), Technology (Piercing, Extrusion), End-use Industry (Oil & Gas, Automotive & Transportation, Energy & Power, Nuclear, Green Hydrogen, Others), & Region - Global Forecast to 2030" has been added to ResearchAndMarkets.com's offering.
The report includes market segmentation by grade, technology, end-use industry, and region, with estimations of market value across regions. It provides a detailed analysis of key industry players in the stainless steel seamless pipes market, their business strategies, product launches, expansions, and partnerships in the stainless steel seamless pipes market.
The stainless steel seamless pipes market is set to grow from USD 3.88 billion in 2025 to USD 5.15 billion by 2030, registering a CAGR of 5.8% over the forecast period. This growth is attributed to the increasing demand from the oil & gas sector, a crucial market driver.
Stainless steel has replaced other materials in various industrial applications due to its superior qualities, and seamless pipes are particularly favored in high-pressure, high-temperature, and high-corrosion environments, such as exploration and drilling.
High Manufacturing Costs pose a significant challenge for market growth, as the production of seamless pipes involves complex and energy-intensive processes like hot extrusion and rotary piercing. The higher expenses associated with corrosion-resistant and high-temperature stable stainless steel contribute to increased manufacturing costs, impacting price-sensitive industries and developing regions more acutely.
Emerging Opportunities in Renewable Energy are paving the way for stainless steel seamless pipes. As global energy needs shift toward more sustainable sources, demand for these pipes in geothermal facilities, offshore wind structures, and hydrogen infrastructure is increasing. Their corrosion resistance and mechanical strength make them apt for these applications, creating new market avenues for manufacturers outside traditional sectors like oil and gas.
Technical Challenges in large-diameter pipe production revolve around achieving uniform wall thickness and mechanical consistency. The complexities of production stages and mass production equipment management, along with stringent quality checks, escalate time and costs. Nevertheless, as demand grows in industries like petrochemicals and offshore energy, technological advancements are gradually overcoming these obstacles.
Austenitic Grades' Dominance in seamless stainless steel pipes continues, credited to their exceptional corrosion resistance, high strength, and adaptability to various environments. Their utility spans industries from oil and gas to food and beverage, owing to non-magnetic properties and ease of welding, manufacturing, and installation.
Asia Pacific Leadership in 2024 is driven by rapid industrialization, urban development, and major infrastructure projects in nations such as China, India, and Japan. Government investments in energy infrastructure augment the demand for robust piping systems across sectors like oil & gas and construction. The region benefits from a large manufacturing base and lower production costs, maintaining its dominance in the industry.
Competitive Landscape
Prominent market players include Nippon Steel (Japan), Alleima (Sweden), Vallourec (France), AMETEK, Inc. (US), JFE Steel Corporation (Japan), and Tenaris (Luxembourg), among others.
The report delves into several key insights:
- Analysis of Key Drivers: particularly in sectors such as automotive, construction, chemicals, energy, and oil & gas.
- Market Penetration: Information on products offered by top market players.
- Product Development/Innovation: Insights into upcoming technologies and R&D activities.
- Market Development: Analysis of emerging markets.
- Market Diversification: Information on new products and recent developments.
- Competitive Assessment: Evaluation of market shares, strategies, and capabilities of leading players.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 311 |
| Forecast Period | 2025 - 2030 |
| Estimated Market Value (USD) in 2025 | $3.88 Billion |
| Forecasted Market Value (USD) by 2030 | $5.15 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Key Topics Covered:
Market Dynamics
- Drivers
- Continuous Expansion of Oil & Gas Industry
- Enhanced Recyclable Properties Compared to Alternative Materials
- Infrastructure Development and Urbanization in Emerging Economies
- Challenges
- Raw Material Price Volatility and Supply Chain Disruptions
- Material Yield Loss and Production Inefficiencies
- Opportunities
- Expansion into High-Performance & Specialty Alloys and Rising Demand in Hydrogen and Renewable Energy Sectors
- Challenges
- Long Sales Cycles and Certification Delays Hindering Revenue Generation
- China's Offloading Surplus Steel Eroding Indian Manufacturers of Market Share and Growth
Case Study Analysis
- TMK Group's Smart Seamless Pipes for Gazprom
- Nippon Steel's Martensitic Stainless Steel Seamless Pipes for High-Co2 Environments
- Sandvik's Sanicro 35 for Refinery Heat Exchangers
Company Profiles
- Nippon Steel Corporation
- Alleima
- Vallourec
- Ametek, Inc.
- JFE Steel Corporation
- Tenaris
- Jindal Saw Ltd.
- ISMT Limited
- Tubacex SA
- Centravis
- Tianjin Pipe Corporation
- Ratnamani Metals & Tubes Ltd.
- WSSL
- Venus Pipes and Tubes
- Zhejiang Tsingshan Steel Pipe Co. Ltd.
- Lalbaba Engineering Group
- Maxim Tubes Company Pvt. Ltd.
- Chandan Steel Ltd.
- Dmv GmbH
- Jiangsu Wujin Stainless Steel Pipe Group Co. Ltd.
- Ottoman Tubes
- Maruichi Stainless Tube Co. Ltd.
- Plymouth Tube Company
- Heavy Metal & Tubes (India) Pvt. Ltd.
- Mangalam Worldwide Limited
For more information about this report visit https://www.researchandmarkets.com/r/7hg1ed
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