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Report Overview

The global pipe market reached approximately USD 144.10 Billion in 2025. The market is projected to grow at a CAGR of 4.80% between 2026 and 2035, reaching a value of around USD 230.29 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • The global pipe production saw a 15% rise in 2023 as opposed to 2022, reaching approximately 170 million tons, as indicated by the figures from the International Pipe Producers Association (ITA).

  • It is estimated that India needs to invest USD 840 billion in the next 15 years in urban infrastructure to meet demands of its rapidly growing population.

  • Tubos Reunidos, a Spanish tube supplier, aims to be the first seamless pipe producer in the world to operate with zero CO2 emissions. The company will begin producing the O-Next pipe in the final quarter of 2024 with an initial capacity of 2,000 tonnes.

Compound Annual Growth Rate

4.8%

Value in USD Billion

2026-2035


*this image is indicative*

Global Pipes Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 144.10
Market Size 2035 USD Billion 230.29
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 4.80%
CAGR 2026-2035 - Market by Region Asia Pacific 6.2%
CAGR 2026-2035 - Market by Country India 7.1%
CAGR 2026-2035 - Market by Country China 5.9%
CAGR 2026-2035 - Market by Type Composite 5.3%
CAGR 2026-2035 - Market by Diameter Up To 50 mm 5.4%
Market Share by Country 2025 USA XX%

Global Pipe Market Growth

Rapid urbanisation in developing regions is driving an increase in residential and commercial construction activities, leading to a higher demand for pipes in plumbing, heating, and cooling systems. The global construction and engineering market is projected to exceed US$4.2 trillion in growth over the next 15 years, increasing from US$9.7 trillion in 2022 to US$13.9 trillion by 2037. By that time, China, the US, and India are expected to contribute to half of all construction work globally, highlighting their significant role in the economic development of these countries, which collectively represent more than a third of the world's population and economic productivity. The development of large-scale infrastructure, such as roads, bridges, and public buildings, is expected to boost the use of various types of pipes for water supply, sewage, and drainage systems.

Piping systems are essential for agricultural irrigation, enabling the efficient distribution of water to crops. The Indian plastic pipe sector demonstrates strong and resilient growth, largely influenced by a thriving agricultural sector and widely utilised in irrigation applications. Plastic pipes are widely used in irrigation, residential/commercial real estate construction, and WSS infra development. The demand for pipes in irrigation and WSS sectors, as well as the replacement of metal pipes in residential real estate, drive this growth. Pipes are cost-effective for water transportation and are anticipated to be essential for infra-development.

The adoption of environmentally conscious building standards and certifications such as the LEED (Leadership in Energy and Environmental Design) certification supports the utilisation of sustainable pipe materials, including recycled plastics and composites. In addition to promoting low-carbon emission green buildings, such certifications also guarantee that the buildings offer healthy and cost-effective spaces, leading to an increased demand for sustainable pipe materials.

Global Pipe Industry Segmentation

“Global Pipe Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:

Market Breakup by Material Type

  • Plastic
    • PVC
    • CPVC
    • HDPE
    • LDPE
    • ABS
    • PP
    • Fibreglass
  • Metal
  • Composite

Market Breakup by Diameter

  • Up To 50 mm
  • 50 – 100 mm
  • 100 – 200 mm
  • 200 – 400 mm
  • Above 400 mm

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2026-2035 - Market by Country
India 7.1%
China 5.9%
UK 4.3%
Australia 4.2%
Japan 3.7%
USA XX%
Canada XX%
Germany 3.5%
Saudi Arabia XX%
Brazil XX%
Mexico XX%
France 3.3%
Italy 3.0%

Global Pipe Market Share

Based on material type, the market is segmented into plastic, metal, and composite. The composite segment is projected to grow at a CAGR of 5.3% during the forecast period of 2026-2035. Composite pipes provide numerous advantages over conventional metal or plastic pipes. They exhibit exceptional resistance to corrosion caused by chemicals, moisture, and external elements. These benefits render them a desirable choice across a range of sectors such as aerospace, defence, oil and gas, chemical processing, water treatment, and construction.

Leading Companies in the Global Pipe Market

Major players are focusing on the application of sustainable materials in production methods to gain a competitive edge in the market.

  • Aliaxis Group S.A./N.V.
  • Sekisui Chemical Co. Ltd.
  • Orbia Advance Corporation SAB de CV
  • Astral Ltd.
  • Geberit AG
  • Finolex Industries Ltd.
  • Formosa Plastics Corp.
  • Nan Ya Plastics Corp.
  • Genuit Group Plc
  • Advanced Drainage Systems Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2025, the market reached an approximate value of USD 144.10 Billion.

The market is estimated to grow at a CAGR of 4.80% between 2026 and 2035.

The market is estimated to witness a healthy growth during 2026-2035 to reach around USD 230.29 Billion by 2035.

The market is being driven by the growing construction sector and the rising need for water and waste management.

The key trends aiding the market expansion include the application of pipes in the industrial sector and the adoption of sustainable piping options.

The major regions considered in the market are North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

The different material types used in pipe include plastic, metal, and composite.

The major players in the market are Aliaxis Group S.A./N.V., Sekisui Chemical Co. Ltd., Orbia Advance Corporation SAB de CV, Astral Ltd., Geberit AG, Finolex Industries Ltd., Formosa Plastics Corp., Nan Ya Plastics Corp., Genuit Group Plc, and Advanced Drainage Systems Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material Type
  • Diameter
  • Region
Breakup by Material Type
  • Plastic
  • Metal
  • Composite
Breakup by Diameter
  • Up To 50 mm
  • 50 – 100 mm
  • 100 – 200 mm
  • 200 – 400 mm
  • Above 400 mm
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Aliaxis Group S.A./N.V.
  • Sekisui Chemical Co. Ltd.
  • Orbia Advance Corporation SAB de CV
  • Astral Ltd.
  • Geberit AG
  • Finolex Industries Ltd.
  • Formosa Plastics Corp.
  • Nan Ya Plastics Corp.
  • Genuit Group Plc
  • Advanced Drainage Systems Inc.
  • Others

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