MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Industrial Pipes - Carbon Steel
Overview
Market size
$78.0B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
4 high severity
Market outlook
2031$91.3B
What changed
Demand by region
Asia Pacific demand48%
North America demand20%
Europe demand15%
Middle East & Africa demand10%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Raw Materials (Crude Steel, Hot-Rolled Coils, Round Billets)55%
Energy and Upstream Refining (Electricity, Natural Gas)15%
Labor and Manufacturing12%
Logistics and Freight10%
Auxiliary Materials and Zinc Coating8%
share of delivered cost (analyst estimate)