The global pipe market, valued at approximately USD 146 billion in 2024, is expected to reach USD 153.71 billion in 2025 and expand to USD 250.62 billion by 2035. The market is poised for steady growth as the demand for pipes increases across multiple industries, including construction, oil and gas, and water infrastructure.
Advancements in pipe manufacturing technologies, such as improved corrosion resistance and enhanced durability, are contributing to the market's expansion. In 2024, major manufacturers such as Tenaris and Vallourec introduced advanced corrosion-resistant steel pipes for oil and gas applications, which is expected to support demand for metal pipes.
Attributes | Key Insights |
---|---|
Estimated Market Size in 2025 | USD 153.71 billion |
Projected Market Value in 2035 | USD 250.62 billion |
Value-based CAGR from 2025 to 2035 | 5.01% |
Metal pipes will dominate the market, holding a significant share due to their strength, reliability, and broad use in industries requiring high-pressure and high-temperature resistance. The growing demand for large-diameter pipes, particularly in the oil and gas sector, will further drive the market's growth. With increasing infrastructure investments in developing economies, demand for pipes will continue to rise steadily.
Key players driving the market include Tenaris, Vallourec, ArcelorMittal, Nippon Steel Corporation, United States Steel Corporation, JFE Steel Corporation, Baosteel Group, Tata Steel, and EVRAZ North America. These companies are focusing on innovations in material science, advanced coatings, and manufacturing techniques to meet the rising demand for durable and sustainable pipes across various sectors.
In March 2025, ArcelorMittal Nippon Steel India (AM/NS India) issued a warning about potential severe impacts on its steel production due to India's import restrictions on low-ash metallurgical coke, a crucial raw material. The company informed the Indian government that local suppliers could not meet its quality requirements, and without additional allocations from Poland and Japan, it might be forced to shut down its blast furnace operations by June 2025 or reduce production starting in April. This situation poses significant challenges to AM/NS India's expansion plans and overall operations in the country.
The pipe market is witnessing sustained growth driven by the expanding demand for durable and high-performance materials across construction, water supply, and energy sectors. Metal pipes will remain the dominant material type, while large-diameter pipes above 700 mm will see significant growth, particularly in the oil and gas industry.
Metal pipes are expected to account for 67.73% of the pipe market in 2025. This segment remains dominant due to the exceptional strength, resistance to pressure, and versatility of metal pipes, making them suitable for a wide range of industrial applications, including construction, energy, and water distribution.
Steel and stainless steel pipes are widely used in high-pressure applications such as oil and gas transportation, chemical plants, and power generation. The shift toward more sustainable and cost-effective materials is also driving innovation in the metal pipe industry, with improvements in corrosion resistance and manufacturing processes.
In 2024, Tenaris introduced its new generation of anti-corrosion steel pipes for offshore drilling, which offer enhanced longevity in harsh environmental conditions. This innovation is likely to sustain the dominance of metal pipes across demanding sectors.
As infrastructure projects expand, particularly in emerging economies, the demand for metal pipes will continue to grow. In the coming years, the adoption of metal pipes will also rise in the water treatment sector, as municipalities invest in better infrastructure to handle growing urban populations.
Pipes with diameters above 700 mm will account for 25.00% of demand in the metal pipe segment in 2025. These large-diameter pipes are particularly critical for the oil and gas sector, where they are used for transporting crude oil, natural gas, and other fluids over long distances.
The global push for energy security and the expansion of offshore and deep-water drilling operations are major drivers of large-diameter pipe demand. Additionally, the growing need for high-efficiency pipelines to transport energy resources from remote areas to processing plants is fueling the demand for pipes with larger diameters.
In 2024, ArcelorMittal and United States Steel Corporation expanded their production capabilities for large-diameter pipes to meet the growing needs of the oil and gas industry. The advancement of pipe-welding technologies and the introduction of higher strength materials are further supporting this segment's growth.
As oil and gas exploration shifts to more challenging environments, including deeper offshore locations and unconventional reserves, large-diameter pipes will continue to play a pivotal role in meeting the global demand for energy transportation infrastructure.
The table below provides the top five countries in terms of revenue, with India holding a prominent position in the market.
The pipe market leads in India due to increasing water management needs driven by population growth and urbanization. With rising demand for water distribution, irrigation systems, and sewage treatment plants, pipes play a crucial role in addressing water scarcity and supporting urban development initiatives, positioning the market at the forefront of infrastructure development.
Countries | Forecast CAGRs from 2025 to 2035 |
---|---|
The United States | 5.9% |
Canada | 6.62% |
Italy | 6.44% |
China | 7.78% |
India | 8.25% |
Steady infrastructure development projects, including residential, commercial, and industrial construction, primarily drive the pipe market in the United States.
With a robust economy and continuous investments in infrastructure, a consistent demand for pipes for various applications such as plumbing, water supply, and sewage systems.
The pipe market in Canada is significantly utilized due to the expanding oil and gas industry. With vast natural resources and extensive exploration activities, a high demand for oil and gas transportation pipes, including pipelines for crude oil, natural gas, and petroleum products.
The market sees substantial usage driven by renovation and modernization initiatives. With aging infrastructure and the need to upgrade existing systems, a growing demand for pipes for retrofitting projects, urban redevelopment, and infrastructure modernization in cities and municipalities.
The pipe market in China experiences major usage owing to rapid urbanization and industrialization. As the country undergoes extensive urban development and industrial growth, a significant demand for pipes for water supply, sewage systems, construction, and industrial applications to support the expanding infrastructure and manufacturing sectors.
In India, the pipe market is predominantly used due to increasing water management needs. With a growing population and urbanization, a heightened demand for pipes for water distribution, irrigation systems, and sewage treatment plants to address the challenges of water scarcity and urban development.
In the competitive landscape of the pipe market, numerous players, including manufacturers, distributors, and suppliers, vie for market share. Product innovation, quality standards, pricing strategies, and geographical reach shape competition.
Key players often focus on expanding their product portfolios, enhancing production efficiency, and establishing strategic partnerships to gain a competitive edge. Customer service, brand reputation, and adherence to regulatory standards also play pivotal roles in differentiating competitors. Some of the key developments are:
Report Attributes | Details |
---|---|
Current Total Market Size (2025) | USD 153.71 billion |
Projected Market Size (2035) | USD 250.62 billion |
CAGR (2025 to 2035) | 5.01% |
Base Year for Estimation | 2024 |
Historical Period | 2020 to 2024 |
Projections Period | 2025 to 2035 |
Quantitative Units | USD billion for value and million units for volume |
Segments Analyzed - By Material Type | Plastic (PVC, CPVC, HDPE, LDPE, PP, ABS, Fiberglass), Metal, Composite |
Segments Analyzed - By Diameter | Plastic (Up to 50 mm, 50-100 mm, 100 to 200 mm, 200-400 mm, 400-700 mm, Above 700 mm), Metal (Up to 50 mm, 50-100 mm, 100 to 200 mm, 200-400 mm, 400-700 mm, Above 700 mm), Composite (Up to 50 mm, 50-100 mm, 100 to 200 mm, 200-400 mm) |
Regions Covered | North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East and Africa |
Countries Covered | United States, Canada, Mexico, Brazil, Argentina, Germany, France, United Kingdom, Italy, Spain, Netherlands, China, India, Japan, South Korea, ANZ (Australia & New Zealand), GCC Countries, South Africa |
Key Players Influencing the Pipe Market | Aliaxis Group, Sekisui Chemical Co. Ltd, Orbia Advance Corp, Astral Polytechnik Ltd, Geberit AG, Finolex Industries Ltd., Formosa Plastic Corporation, Nan Ya Plastics Corp., Advanced Drainage Systems Incorporated, Polypipe Group Plc, AGRU Kunststofftechnik Gesellschaft M.B.H |
Additional Attributes | Dollar sales by material type and diameter, demand for durable and corrosion-resistant materials in infrastructure, trends in plastic pipe adoption for water & wastewater management, increasing use of composite pipes in industrial applications, regional regulatory and environmental compliance driving adoption, impact of construction and industrial growth on market demand. |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 4: Global Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 6: Global Market Volume (Units) Forecast by Diameter, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 10: North America Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 12: North America Market Volume (Units) Forecast by Diameter, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 16: Latin America Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 18: Latin America Market Volume (Units) Forecast by Diameter, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 22: Western Europe Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 24: Western Europe Market Volume (Units) Forecast by Diameter, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 30: Eastern Europe Market Volume (Units) Forecast by Diameter, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Diameter, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 40: East Asia Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 42: East Asia Market Volume (Units) Forecast by Diameter, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Material Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Units) Forecast by Material Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Diameter, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Units) Forecast by Diameter, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 9: Global Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 13: Global Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 16: Global Market Attractiveness by Material Type, 2024 to 2034
Figure 17: Global Market Attractiveness by Diameter, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 27: North America Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 31: North America Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 34: North America Market Attractiveness by Material Type, 2024 to 2034
Figure 35: North America Market Attractiveness by Diameter, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 45: Latin America Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 49: Latin America Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Material Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Diameter, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 67: Western Europe Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Material Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Diameter, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Material Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Diameter, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Material Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Diameter, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 117: East Asia Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 121: East Asia Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Material Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Diameter, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Material Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Diameter, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Material Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Material Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Material Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Material Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Diameter, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Diameter, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Diameter, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Diameter, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Material Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Diameter, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
As of 2025, the market for pipe is expected to be valued at USD 153.71 billion.
By 2035, the market value of the pipes is expected to reach USD 250.62 billion.
From 2025 to 2035, the pipe market is expected to flourish at a CAGR of 5.01%.
The metal segment is accounted to hold a market share of 67.73% in 2025.
India is likely the top-performing market, with a CAGR of 8.25%.
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