Welded Steel Tubes Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Steel Grades (Carbon Base Grades, Boron Grades, Alloy Grades, HSLA, AHSS, and Others), Application (Exhaust, Automotive, Appliances, Medical Devices, HVAC, Burner, Conveyor Belts, and Others), Type (ERW, LSAW, and SSAW), Coating Type (Clear Coat and Non-Coated), and Geography

The welded steel tubes market size is projected to reach US$ 274.25 billion by 2031 from US$ 191.23 billion in 2024. The market is expected to register a CAGR of 5.6% during 2025–2031. Recycled steel usage by key players to reduce carbon footprint is likely to bring new trends in the market in the coming years.

Welded Steel Tubes Market Analysis

The continuous growth in the construction, automotive, and energy sectors is a significant driver. Urbanization and residential, commercial, and industrial infrastructure developments require high-quality steel tubes for structural and piping applications. For instance, in May 2023, the executive government ministries of Saskatchewan, Canada, announced an investment worth US$ 1.26 million in infrastructure. As of 2023, it was the largest infrastructure investment in Saskatchewan's history. SaskBuilds and Procurement Minister announced that apart from this, the government of Saskatchewan is planning to invest nearly US$ 11.27 billion in infrastructure over the next four years. Similarly, in September 2021, the government of the UK announced US$ 709.61 billion of private and public investment projected to be implemented in infrastructure projects across the country till 2031. Such a rising investment from various players is projected to drive the welded steel tubes market

Welded Steel Tubes Market Overview

Welded steel tubes are shaped in the form of hollow cylinders formed by welding metal strips or sheets. These tubes are made using a variety of processes, such as electric resistance welding (ERW), which involves heating the edges of a steel strip and then pressing them together to form a tube. Welded steel tubes have found various applications owing to their strength, durability, and cost-efficiency. Steel is a material with high tensile strength, making welded steel tubes ideal for structurally demanding applications. Tubes made of stainless steel or coated with galvanization are corrosion resistant, making them suitable for use in harsh environments such as chemical plants, water treatment facilities, and outdoor infrastructure.

Welded steel tubes are widely used in manufacturing processes across industries such as automotive, energy, and machinery. The energy sector, particularly oil and gas, requires welded steel tubes for the construction of pipelines, refineries, and power plants.

The welded steel tubes market is segmented on the basis of steel grades, type, application, and coating type. Based on steel grades, the market is segmented into carbon base grades, boron grades, alloy grades, HSLA, AHSS, and others. By type, the market is categorized into LSAW, SSAW, and ERW. On the basis of application, the market is segmented into exhaust, automotive, appliances, medical devices, HVAC, burner, conveyor belts, and others. Based on technology, the market is bifurcated into clear coat and non-coated.

Major companies operating in the welded steel tubes market include COREMARK Metals; Phillips Tube Group; ArcelorMittal; Markin Tubing; Pennsylvania Steel Company, Inc.; Hofmann Industries, Inc; AMETEK Inc.; Infra-Metals Co.; Vest LLC; and RathGibsonn. Various other companies are introducing new technologies and offerings to bolster the market in terms of volume as well as revenue.

Welded Steel Tubes Market Drivers and Opportunities

Rapid Urbanization with Significant Investments in Smart City Projects

Rising rapid urbanization with significant investments in smart city infrastructure projects across the globe is the major driving factor for the welded steel tube market. Welded steel tubes play a vital role in developing modern cities, providing efficient infrastructure for construction, transportation, and energy systems. Welded steel tubes are used in plumbing systems for transporting water, gas, and other fluids in urban areas. Welded steel tubes are resistant to corrosion and can handle high pressure, making them suitable for urban utility systems. Urbanization is a major driver of economic growth in China. For instance, in August 2024, China's State Council launched the Five-Year Action Plan for implementing the People-oriented Urbanization Strategies. The country planned to boost urbanization progress with the rapid increase in the urban population. According to the updated list of urban areas provided by the US Census Bureau in 2023, the percentage of the population that resided in cities was 80.8% (i.e., accounting for 37.5 million people), which increased to 82% in 2023. As more people relocate to cities, the demand for water and its consumption increases. According to the United Nations, buildings are responsible for ~12% of global water usage. It is costly to rebuild the water pipelines in the public infrastructure. Thus, old pipelines are replenished with minimum investment using welded steel tubes.

Growing Energy-Related Infrastructure Projects in Emerging Economies

Significant investments in emerging economies are expected to provide growth opportunities for the welded steel tubes market by facilitating the development of various energy-related infrastructure projects during the forecast period. For instance, in February 2025, the European Commission allocated nearly US$ 1.31 billion in grants under the Connecting Europe Facility (CEF). The grants supported 41 cross-border energy-related infrastructure projects. The European Commission aims to invest in European energy markets and accelerate energy-related projects across countries. Further, according to the World Economic Forum report in 2024, the global investment in clean energy and infrastructure development reached US$ 2 trillion. Further, leading utility companies in the US announced an investment of more than US$ 116 billion annually in clean energy infrastructure and power generation infrastructure development in the coming years. China's total investment in energy-related infrastructure reached US$ 676 billion in 2023, 38% of the global total investment. With such an increase in the green energy demand, the need for green infrastructure is growing notably.

Welded Steel Tubes Market Report Segmentation Analysis

Key segments that contributed to the derivation of the welded steel tubes market analysis are steel grade, application, type, and coating type.

• Based on steel grade, the welded steel tubes market is segmented into carbon base grades, boron grades, alloy grades, HSLA, AHSS, and others. The carbon base grades segment held the largest market share in 2024.
• By application, the market is divided into exhaust, automotive, appliances, medical devices, HVAC, burner, conveyor belts, and others. The automotive segment held the largest share of the market in 2024.
• Based on type, the market is divided into LSAW, SSAW, and ERW. The ERW segment held the largest share of the market in 2024.
• Based on coating type, the market is divided into clear coat and non-coated. The non-coated held a larger share of the market in 2024.

Welded Steel Tubes Market Share Analysis by Geography

The geographic scope of the welded steel tubes market report is mainly divided into five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific dominated the welded steel tubes market in 2024; it is likely to continue its dominance during the forecast period. Australia, China, India, Japan, and South Korea are the major economies in Asia Pacific. China accounted for the largest share in 2024 for the global welded steel tube market in Asia Pacific, owing to the rapid consumption of steel across the construction, manufacturing, and automotive sectors. Also, China is the largest crude steel producer in Asia Pacific. According to the World Steel Organization, in 2024, China's crude steel production was ~1,005.1 million metric tons. China's welded steel tube market is driven by the increasing government investment in infrastructure development and rapid industrialization. As per the Chinese government Budget in March 2024, China announced an investment of more than US$ 4 trillion in 2024, an increase of 3.8% compared to the previous year's 2023 budget.

Also, in March 2023, the Chinese government announced an investment of US$ 173 billion in transportation-related infrastructure projects. Furthermore, in March 2024, the Yangtze River Delta region government announced an investment of US$ 19.6 billion for the development of 32 railway infrastructure projects in 2024. In February 2024, the Shanghai state government announced 24 projects with a significant investment of US$ 5.8 billion in 2024 for infrastructure development.

Further, the welded steel tube market in India has tremendous growth opportunities, owing to rapid industrialization and increasing government support for infrastructure development in various sectors, including manufacturing, industrial, chemical, automotive, and energy & power. According to the India Brand Equity Foundation, the government launched a comprehensive planned investment worth US$ 109.50 billion to enhance the country's energy and power infrastructure and meet the projected demand for electricity to 458 GW by 2032. The Ministry of Power launched this initiative to strengthen the national power grid and boost energy security. Further, the government of India planned robust investment worth US$ 1.4 trillion for industrial developments in various sectors by 2025 under the National Infrastructure Pipeline program.

Welded Steel Tubes Market Regional Insights

The regional trends and factors influencing the Welded Steel Tubes Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Welded Steel Tubes Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Welded Steel Tubes Market Report Scope

Welded Steel Tubes Market Players Density: Understanding Its Impact on Business Dynamics

The Welded Steel Tubes Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Welded Steel Tubes Market are:

1. ArcelorMittal
2. Markin Tubing
3. Pennsylvania Steel Company, Inc.
4. Hofmann Industries, Inc.
5. AMETEK Inc.
6. Nippon Steel Corp.

Disclaimer: The companies listed above are not ranked in any particular order.

Welded Steel Tubes Market News and Recent Developments

The welded steel tubes market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the welded steel tubes market are listed below:

• ArcelorMittal announced the launch of a new steel offer for the construction of hydrogen pipelines to support the roll-out of hydrogen gas infrastructure. The company's R&D efforts are focused on providing higher-value products that align with customer needs. Furthermore, customers can benefit from reduced Scope 3 carbon emissions through XCarb steel certificates. (ArcelorMittal, Press Release, 2024)

Pennsylvania Steel Company Inc. announced the acquisition of Besco Steel Supply, a steel service center based in Birmingham, Alabama. For over 30 years, Besco Steel Supply has built a reputation for excellence and forging strong, lasting relationships with its customers. This acquisition marks a significant milestone in PA Steel's growth strategy, further solidifying its position as a leader in the Steel Service Center Industry and expanding its reach in the Southeastern United States.  (Pennsylvania Steel Company Inc, Press Release, 2024)

ArcelorMittal has agreed to buy a 28.4% equity interest in Vallourec, a France-based producer of recycled-content steel pipes and tubes with electric arc furnace (EAF) melt shops in Brazil and Ohio. ArcelorMittal purchased its Vallourec shares from funds managed by New York-based Apollo Global Management Inc. for about US$ 1.04 billion. The closing of the transaction is subject to regulatory approvals and is expected to close in the second half of this year. (ArcelorMittal, Press Release, 2024)

Welded Steel Tubes Market Report Coverage and Deliverables

The "Welded Steel Tubes Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

• Welded steel tubes market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Welded steel tubes market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST and SWOT analysis
• Welded steel tubes market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the welded steel tubes market
• Detailed company profiles

The List of Companies - Welded Steel Tubes Market

1. ArcelorMittal
2. Markin Tubing
3. Pennsylvania Steel Company, Inc.
4. Hofmann Industries, Inc.
5. AMETEK Inc.
6. Nippon Steel Corp.
7. Tenaris SA
8. Vallourec SA
9. Tata Steel Ltd.
10. JSW Steel Ltd.

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the welded steel tube market.
• Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the welded steel tube market, thereby allowing players across the value chain to develop effective long-term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution