PUBLISHER: The Business Research Company | PRODUCT CODE: 1666470
PUBLISHER: The Business Research Company | PRODUCT CODE: 1666470
Carbon steel pipe fittings are the essential components used to connect straight pipe lengths, characterized by their curved design. Crafted from carbon steel, which features carbon as its primary alloying element, these fittings find extensive application across diverse industries such as oil and gas, petrochemicals, power generation, and construction.
Two primary variants of carbon steel pipe fittings exist, hot-rolled steel pipes and cold-rolled (drawn) steel pipes. Hot-rolled fittings are shaped from steel processed above its recrystallization temperature, utilizing the hot rolling technique. These fittings serve varied purposes in sectors such as oil and gas, chemicals, petrochemicals, construction, infrastructure, and industrial applications. They are typically distributed through both online and offline channels.
The carbon steel pipe fittings market research report is one of a series of new reports from The Business Research Company that provides carbon steel pipe fittings market statistics, including the carbon steel pipe fittings industry global market size, regional shares, competitors with a carbon steel pipe fittings market share, detailed carbon steel pipe fittings market segments, market trends, and opportunities, and any further data you may need to thrive in the aspherical lens industry. This carbon steel pipe fittings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The carbon steel pipe fittings market size has grown strongly in recent years. It will grow from$7.33 billion in 2024 to $7.73 billion in 2025 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to global trade and export, replacement and maintenance, cost-effectiveness, corrosion resistance and durability, manufacturing, and fabrication demand
The carbon steel pipe fittings market size is expected to see strong growth in the next few years. It will grow to $9.87 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to infrastructure development projects, growing industrialization, energy sector growth, urbanization and construction, replacement market demand. Major trends in the forecast period include collaboration and partnerships, integration of IoT and analytics, emphasis on health and safety standards, market expansion in developing regions, modular and prefabricated solutions.
The growth in construction and infrastructure sectors is anticipated to drive the expansion of the carbon steel pipe fittings market. Construction involves building physical structures, such as buildings, bridges, and roads, while infrastructure refers to the essential systems supporting society, including transportation, communication, sewage, water, and electrical systems. Carbon steel pipe fittings are extensively used in these industries for applications like plumbing, HVAC systems, fire protection, and structural support. They are favored for their high strength, durability, and corrosion resistance, making them ideal for demanding environments and heavy-duty uses. For instance, in November 2023, the UK's Office for National Statistics reported a rise of £18.16 billion ($19.96 million) in new construction activities for 2022, with private sector projects increasing by 16.8% and public sector projects by 13.1%. Thus, the growth of construction and infrastructure sectors is fueling demand in the carbon steel pipe fittings market.
Anticipated expansion of the carbon steel pipe fittings market is anticipated due to the burgeoning manufacturing industry. This sector involves the production of goods through diverse processes, relying on carbon steel pipe fittings for fluid and gas conveyance, ensuring efficient operations, and bolstering infrastructure integrity. Eurostat reported a 0.2% industrial output increase in the European area in July 2023, with a similar 0.1% rise in the European Union from May to April 2023. Therefore, the burgeoning manufacturing sector significantly propels the growth of the carbon steel pipe fittings market.
Technological advancements are driving significant trends in the carbon steel pipe fittings market. In 2022, Leading companies in this domain are embracing new technologies to fortify their market positions. For instance, NIBCO Inc. introduced press technology for fuel and gas carbon steel pipe applications, expanding its product lineup to include 2-inch diameters. This BenchPress G press technology simplifies and accelerates the installation process, offering users consistent joint integrity and a streamlined appearance, sans threading tools or lubricants.
Leading companies in the carbon steel pipe fittings market are increasingly focusing on innovative technologies, such as Unique Quadgrip technology, to enhance security. Unique Quadgrip technology is a patented design featuring interlocking teeth that provide 360-degree stability and secure connections for carbon steel pipe fittings, improving both installation safety and reliability. For example, in February 2023, Everflow, a U.S.-based plumbing company, introduced TitanPress, an advanced system for joining carbon steel pipes without traditional welding. TitanPress uses pressing technology to create secure connections, which not only accelerates installation but also lowers labor costs and improves safety by reducing fire hazards associated with welding. Suitable for commercial and industrial uses, TitanPress offers strong, leak-proof connections, boosting the efficiency and reliability of piping systems.
Major companies operating in the carbon steel pipe fittings market include Awaji Materia Co. Ltd., Bassi Luigi and C. S.p.A, Delcorte SAS, Erne Fittings GmbH, M.E.G.A. S.p.A., Parker Hannifin CORP, S.S.E. Pipefittings Limited, SBC Bend Co. Ltd., Sungkwang Bend Co. Ltd., Thai Benkan Co. Ltd, Xinfeng Pipe-fittings, Yingkou Ever Foundry Co.Ltd, Shandong Jintong Pipeline Co. Ltd, Zhejiang Jiuli Hi-Tech Metals Co. Ltd., Jiangsu Wujin Stainless Steel Pipe Group Co. Ltd., Dodson Global, Arcelor Mittal, Baosteel Group Corporation, Nippon Steel, Tenaris SA, Aliaxis, JFE Holdings Incorporated, TMK PAO, Tianjin Pipe Group Corporation, Salzgitter AG, Chelpipe Group, Dynamic Forge & Fittings, Metline Industries, Rajendra Industrial Corporation, Steel Mart India
Asia-Pacific was the largest region in the carbon steel pipe fittings market in 2024. North America is expected to be the fastest-growing region in the global carbon steel pipe fittings market report during the forecast period. The regions covered in the carbon steel pipe fittings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the carbon steel pipe fittings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The carbon steel pipe fittings market consists of sales of carbon steel-based ERW (Electric resistance welded) pipe fittings, welded pipe fittings, fabricated pipe fittings, seamless pipe fittings, and LSAW (longitudinal-seam submerged arc welding) pipe fittings. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Carbon Steel Pipe Fittings Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on carbon steel pipe fittings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for carbon steel pipe fittings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The carbon steel pipe fittings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.