Top 6 Companies Driving the Global Seamless Pipes Market

As per the analysis by Expert Market Research, the global seamless pipes market is expected to grow at a CAGR of about 4.5% in the forecast period of 2025-2034, owing to  technological advancements.

A seamless pipe is a specific type of pipe made from solid rolled steel, converted into the form of round bodies called billets, and then forged into a pipe structure. The pipe’s design allows it to work at higher pressures more effectively. It may be used in oil lines as well as in gas lines for faster and cost-effective transportation. The improved design also makes it more corrosion-resistant than other welded pipes.

North America has seen a significant rise in its fracking operations, causing an impetus in the demand for seamless pipes, which are valued for their superior qualities like operating at higher pressures, faster transportation, and higher cost-efficiency. This is expected to propel the seamless pipes market. With an increase in fracking operations, it is expected that the industry will likely see a sustainable rise in the market value in North America.

Despite disruptions in supply chains and transportation due to the COVID-19 pandemic, Asia Pacific is also expected to witness a significant rise in demand in the coming years because of rapid industrialisation and improvement in infrastructure. The CAGR for Asia Pacific is, therefore, expected to be high in the forecast period.

With seamless pipes offering a better quality of transport with its improved properties as compared to conventional welded pipes, their demand has increased across multiple applications. Specifically, for operations at high pressure and temperatures like oil and natural gas exploration, petroleum refining processes, hydraulic cylindrical apparatuses, and factory equipment like boilers.

The seamless pipes market is further expected to grow with new transmission pipelines being installed across different regions which may have large variations in weather. With research and exploration into other regions for alternative forms of energy, the demand for these pipes may not be majorly restricted to oil and natural gas and will find a sustained rise in other industries as well.

Latest Updates on Top Seamless Pipes Companies:

November 2024: Viraj Profiles Limited, a leader in the production of stainless steel, opened its state-of-the-art Piercer Mill at the recently constructed Seamless Pipe Plant. The piercing of brilliant round bars, which come in different grades and sizes, using their in-house stainless steel melting plant and bright bar manufacturing facility started the production of hot-finished mother hollows.

May 2024: An anti-dumping duty (AD) investigation was started by the European Commission investigating the importation of specific seamless pipes and tubes from China. This action comes after the European Steel Tube Association (ESTA) filed a complaint alleging that the EU industry is being negatively impacted by rising imports.

April 2024: In accordance with scope 1 and scope 2 of the life cycle analysis, Tubos Reunidos Group introduced seamless pipes with 0.0 kg of CO2e emissions per kg of pipe or tube manufactured, within its direct operations and energy used. Tubos Reunidos' dedication to sustainability and innovation has advanced with the introduction of these new tubes, known as O-Next tubes.

April 2024: Seamless Tubes & Pipes, a pipe manufacturing firm located in India, announced that it will invest USD 35 million to build its first United States production facility in northwest Louisiana, with the goal of creating jobs in the area.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Top 6 Seamless Pipes Companies & Manufacturers:

1. Nippon Steel Corporation

The primary businesses of Nippon Steel Corp, a Japanese company, include steel manufacture, engineering, chemical and material sales, and system solutions. The company is divided into four segments. Its steel manufacturing business unit produces and sells steel bars, plates, pipes, special steels, secondary steel products, and other steel goods.

2. Sandvik AB

The multinational engineering firm Sandvik AB is based in Sweden and specialises in mining and construction, stainless and special steel alloys, industrial heating, digital and additive manufacturing, and metal cutting. The company was founded in 1862 in Sweden. Equipment, tools, services, and digital solutions for machining, mining, rock excavation, and rock processing are all part of its industry-leading portfolio.

3. D.P. Jindal Group

D. P. Jindal Group manufactures seamless pipes and tubes, ERW pipes, offshore oil and gas drilling, wind power generation, and merchant and project export, among other things. Through one of the group companies, turnkey international projects are also carried out.

4. JFE Steel Corporation

JFE Steel is a steel producer that uses raw iron ore to create finished goods throughout the entire steel-making process. One of the largest steel producing capacity in the world is with JFE. By creating high-performance steel materials and reduced-impact ironmaking methods, the company also helps to protect the environment.

5. Zekelman Industries, Inc.

Zekelman Industries is a solely domestic company. The company manufactures structural steel and pipe products and is revolutionising the off-site construction sector with modular building innovations for quickly and cost-effectively constructing multifamily housing and buildings for a variety of businesses.

6. Tenaris S.A.

For certain additional industrial applications and the global energy business, Tenaris is a top provider of tubes and associated services. Its goal is to provide value to customers through supply chain management, production excellence, and product creation. Employees of Tenaris worldwide are dedicated to continual growth through knowledge exchange within a single international company.