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Global Bimetal Composite Pipe Market Growth 2025-2031

Published Aug 04, 2025
Length 134 Pages
SKU # LPI20269379

Description

The global Bimetal Composite Pipe market size is predicted to grow from US$ 3098 million in 2025 to US$ 3995 million in 2031; it is expected to grow at a CAGR of 4.3% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Bimetal composite pipes are engineered piping products made by combining two different metal layers—typically a corrosion-resistant alloy as the inner layer and a structural metal such as carbon steel as the outer layer. This composite structure allows the pipe to deliver enhanced mechanical strength and corrosion resistance while optimizing cost-efficiency compared to traditional solid alloy pipes. These pipes are widely used in demanding industrial environments including oil and gas, chemical processing, water treatment, and energy infrastructure, where resistance to pressure, temperature, and aggressive media is essential. Their dual-layer construction makes them suitable for high-performance applications such as offshore platforms, refineries, deep wells, and pipeline transportation systems.

Current Market Trends

The global bimetal composite pipe market has entered a period of dynamic growth, propelled by rising demand for advanced pipeline materials capable of meeting stringent operational and environmental requirements. As industries shift toward materials that offer better lifecycle performance and cost control, bimetal composite pipes are increasingly replacing both traditional alloy pipes and plastic-lined alternatives. From a technological standpoint, several manufacturing processes—such as explosive bonding, hot rolling, mechanical cladding, and weld overlay—are employed depending on the application needs and production scale. Each method offers unique advantages: explosive bonding delivers high adhesion for dissimilar metals in nuclear and petrochemical applications; hot rolling supports standardized mass production; while mechanical and overlay techniques offer customization and flexibility for specialized projects. This process diversity is contributing to a broadening product landscape and growing market segmentation.

Future Outlook and Regional Development

The future of the bimetal composite pipe market is shaped by both global industrial trends and regional policy shifts. In Asia-Pacific, rapid urbanization, infrastructure upgrades, and localized manufacturing initiatives are driving robust demand. Meanwhile, regions like North America and the Middle East, with their established oil and gas sectors, maintain consistent needs for high-performance piping systems, particularly in subsea, refining, and high-pressure applications. Leading manufacturers are increasingly moving toward integrated service models, offering not only materials but also full-system engineering and project delivery. At the same time, sustainability concerns are gaining traction—bimetal pipes, with their long service life and resource efficiency, align well with low-carbon and circular economy goals. Emerging sectors such as hydrogen transport, carbon capture, and renewable power generation are also creating new avenues for advanced composite piping technologies. Overall, the market is poised for continued evolution, driven by innovation, global industrial transformation, and heightened attention to long-term operational reliability.

LP Information, Inc. (LPI) ' newest research report, the “Bimetal Composite Pipe Industry Forecast” looks at past sales and reviews total world Bimetal Composite Pipe sales in 2024, providing a comprehensive analysis by region and market sector of projected Bimetal Composite Pipe sales for 2025 through 2031. With Bimetal Composite Pipe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bimetal Composite Pipe industry.

This Insight Report provides a comprehensive analysis of the global Bimetal Composite Pipe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bimetal Composite Pipe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bimetal Composite Pipe market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bimetal Composite Pipe and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bimetal Composite Pipe.

This report presents a comprehensive overview, market shares, and growth opportunities of Bimetal Composite Pipe market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Roll Bonding Process
Mechanically
Explosive Bonding Process
Weld Overlay Process
Other

Segmentation by Application:
Oil & Gas
Chemical Industry
Water Treatment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Butting Group
The Japan Steel Works (JSW)
NobelClad
Proclad
Inox Tech
Gieminox
Eisenbau Kramer
Cladtek Holdings
EEW Group
Canadoil Group
Xinxing Casting Pipe
Jiangsu Xinyangguang Pipe Industry
Jiuli Group
Xi'an Xiangyang Aerospace Materials
Jiangsu Shunlong Pipe Industry
Jiangsu Zhongxin Green Pipe Industry
Longtaidi

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bimetal Composite Pipe market?

What factors are driving Bimetal Composite Pipe market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bimetal Composite Pipe market opportunities vary by end market size?

How does Bimetal Composite Pipe break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

134 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Bimetal Composite Pipe by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Bimetal Composite Pipe by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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