Helical Submerged Arc Welded (HSAW) Pipes Market- Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032
Description
Market Overview
The Helical Submerged Arc Welded (HSAW) Pipes Market is anticipated to grow from USD 5,105 million in 2024 to USD 6,568 million by 2032, representing a compound annual growth rate (CAGR) of 3.2% over the forecast period.
This growth is primarily driven by increasing demand across the global energy infrastructure sector, particularly in oil and gas transmission where HSAW pipes are valued for their structural strength, cost-effectiveness, and ability to support long-distance transport. The market is further fueled by advancements in welding technologies, expanding industrial applications, and heightened activity in water, construction, and chemical sectors. Additionally, the replacement of aging pipeline networks with more durable alternatives is accelerating adoption. Technological trends such as automation in pipe manufacturing and smart pipeline monitoring systems are reshaping operational efficiencies. Moreover, growing environmental awareness is encouraging the use of sustainable manufacturing practices and materials. These factors collectively reinforce a stable growth outlook for the HSAW pipes market in the years ahead.
Market Drivers
Infrastructure Modernization and Replacement Initiatives
The global push to modernize aging infrastructure is a significant catalyst for the HSAW pipes market. Governments and private stakeholders are investing in the replacement of obsolete pipelines to improve safety, reliability, and efficiency. A study by the American Society of Civil Engineers (ASCE) highlights the urgent need for upgrading infrastructure systems, particularly in developed economies. HSAW pipes, known for their high strength and corrosion resistance, are ideal for such projects. The growing emphasis on reliable energy and water transportation systems positions HSAW pipes as a preferred choice, bolstering market demand.
Market Challenges Analysis
Volatile Raw Material Prices
A major challenge affecting the HSAW pipes market is the volatility in raw material pricing, especially steel—the core material in HSAW pipe production. Global steel prices are highly susceptible to supply chain disruptions, geopolitical tensions, and market demand fluctuations. This unpredictability can inflate production costs, compress profit margins, and introduce pricing instability across the supply chain. Such volatility also impacts infrastructure project timelines and budget allocations. In response, manufacturers are adopting strategies such as diversifying suppliers, securing long-term contracts, and leveraging advanced inventory management systems. Despite these efforts, raw material price fluctuations remain a persistent concern.
Market Segmentation
By Outer Diameter:
18–24 Inches
24–48 Inches
Over 48 Inches
By End-Use Industry:
Oil & Gas
Water
Construction
Chemical
Others
By Geography:
North America:
U.S.
Canada
Mexico
Europe:
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America:
Brazil
Argentina
Rest of Latin America
Middle East & Africa:
GCC Countries
South Africa
Rest of the Middle East and Africa
Key Player Analysis
Nippon Steel & Sumitomo Metal Corporation
Jindal Tubular USA LLC
Shengli Oil & Gas Pipe Holdings Limited
Northwest Pipe Company
ArcelorMittal SA
EVRAZ North America
Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
Man Industries Ltd.
American Cast Iron Pipe Company
Stupp Corporation
The Helical Submerged Arc Welded (HSAW) Pipes Market is anticipated to grow from USD 5,105 million in 2024 to USD 6,568 million by 2032, representing a compound annual growth rate (CAGR) of 3.2% over the forecast period.
This growth is primarily driven by increasing demand across the global energy infrastructure sector, particularly in oil and gas transmission where HSAW pipes are valued for their structural strength, cost-effectiveness, and ability to support long-distance transport. The market is further fueled by advancements in welding technologies, expanding industrial applications, and heightened activity in water, construction, and chemical sectors. Additionally, the replacement of aging pipeline networks with more durable alternatives is accelerating adoption. Technological trends such as automation in pipe manufacturing and smart pipeline monitoring systems are reshaping operational efficiencies. Moreover, growing environmental awareness is encouraging the use of sustainable manufacturing practices and materials. These factors collectively reinforce a stable growth outlook for the HSAW pipes market in the years ahead.
Market Drivers
Infrastructure Modernization and Replacement Initiatives
The global push to modernize aging infrastructure is a significant catalyst for the HSAW pipes market. Governments and private stakeholders are investing in the replacement of obsolete pipelines to improve safety, reliability, and efficiency. A study by the American Society of Civil Engineers (ASCE) highlights the urgent need for upgrading infrastructure systems, particularly in developed economies. HSAW pipes, known for their high strength and corrosion resistance, are ideal for such projects. The growing emphasis on reliable energy and water transportation systems positions HSAW pipes as a preferred choice, bolstering market demand.
Market Challenges Analysis
Volatile Raw Material Prices
A major challenge affecting the HSAW pipes market is the volatility in raw material pricing, especially steel—the core material in HSAW pipe production. Global steel prices are highly susceptible to supply chain disruptions, geopolitical tensions, and market demand fluctuations. This unpredictability can inflate production costs, compress profit margins, and introduce pricing instability across the supply chain. Such volatility also impacts infrastructure project timelines and budget allocations. In response, manufacturers are adopting strategies such as diversifying suppliers, securing long-term contracts, and leveraging advanced inventory management systems. Despite these efforts, raw material price fluctuations remain a persistent concern.
Market Segmentation
By Outer Diameter:
18–24 Inches
24–48 Inches
Over 48 Inches
By End-Use Industry:
Oil & Gas
Water
Construction
Chemical
Others
By Geography:
North America:
U.S.
Canada
Mexico
Europe:
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific:
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America:
Brazil
Argentina
Rest of Latin America
Middle East & Africa:
GCC Countries
South Africa
Rest of the Middle East and Africa
Key Player Analysis
Nippon Steel & Sumitomo Metal Corporation
Jindal Tubular USA LLC
Shengli Oil & Gas Pipe Holdings Limited
Northwest Pipe Company
ArcelorMittal SA
EVRAZ North America
Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
Man Industries Ltd.
American Cast Iron Pipe Company
Stupp Corporation
Table of Contents
220 Pages
- CHAPTER NO. 1 : INTRODUCTION
- 1.1.1. Report Description
- Purpose of the Report
- USP & Key Offerings
- 1.1.2. Key Benefits for Stakeholders
- 1.1.3. Target Audience
- 1.1.4. Report Scope
- CHAPTER NO. 2 : EXECUTIVE SUMMARY
- 2.1. Helical Submerged Arc Welded (HSAW) Pipes Market Snapshot
- 2.1.1. Helical Submerged Arc Welded (HSAW) Pipes Market, 2018 - 2032 (USD Million)
- CHAPTER NO. 3 : Helical Submerged Arc Welded (HSAW) Pipes Market – INDUSTRY ANALYSIS
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Market Opportunities
- 3.5. Porter’s Five Forces Analysis
- CHAPTER NO. 4 : ANALYSIS COMPETITIVE LANDSCAPE
- 4.1. Company Market Share Analysis – 2023
- 4.2. Helical Submerged Arc Welded (HSAW) Pipes Market Company Revenue Market Share, 2023
- 4.3. Company Assessment Metrics, 2023
- 4.4. Start-ups /SMEs Assessment Metrics, 2023
- 4.5. Strategic Developments
- 4.6. Key Players Product Matrix
- CHAPTER NO. 5 : PESTEL & ADJACENT MARKET ANALYSIS
- CHAPTER NO. 6 : Helical Submerged Arc Welded (HSAW) Pipes Market – BY Based on Outer Diameter: ANALYSIS
- CHAPTER NO. 7 : Helical Submerged Arc Welded (HSAW) Pipes Market – BY Based on End-Use: ANALYSIS
- CHAPTER NO. 8 : Helical Submerged Arc Welded (HSAW) Pipes Market – BY Based on the Geography: ANALYSIS
- CHAPTER NO. 9 : COMPANY PROFILES
- 9.1. Nippon Steel & Sumitomo Metal Corporation
- 9.1.1. Company Overview
- 9.1.2. Product Portfolio
- 9.1.3. Swot Analysis
- 9.1.4. Business Strategy
- 9.1.5. Financial Overview
- 9.2. Jindal Tubular USA LLC
- 9.3. Shengli Oil & Gas Pipe Holdings Limited
- 9.4. Northwest Pipe Company
- 9.5. ArcelorMittal SA
- 9.6. EVRAZ North America
- 9.7. Borusan Mannesmann Boru Sanayi ve Ticaret A.S.
- 9.8. Man Industries Ltd.
- 9.9. American Cast Iron Pipe Company
- 9.10. Stupp Corporation
Pricing
Currency Rates
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