Helical Submerged Arc Welded (HSAW) Pipes Market- Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

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