Global Steel Pipe Piles Market Size By Product (Spiral Weld Pipe, Electric Resistance Weld Pipe), By Application (Ports/Harbors, Urban Civil Engineering), By Geographic Scope And Forecast

Steel Pipe Piles Market Size And Forecast

Steel Pipe Piles Market size was valued at USD 12.57 Billion in 2024 and is projected to reach USD 46.27 Billion by 2031, growing at a CAGR of 5.95% during the forecasted period 2024 to 2031. The increased infrastructural developments in the developing, as well as developed countries due to rapidly rising urbanization coupled with growing economies across the globe, will foster market growth of the Steel Pipe Piles Market over the forecasted period. The Global Steel Pipe Piles Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Steel Pipe Piles Market Definition

Steel Piling is a method in which steel posts are pushed into the ground and on which bridges or buildings are built. Steel piling is of two types such as steel pipe piles and steel sheet piling. Steel pipe piles are a simple, easy-to-understand type of steel piling. In these piling structures, steel pipe is driven into the ground, particularly with large impact hammers. The pile structure changes according to the ground conditions and support expectations, enabling the pile systems to be adapted to any specific needs, as the structure is of steel and it can handle extremely heavy loads. Steel pipe piles use circular steel tubes and pipes that play a vital role as basic materials for civil engineering and construction due to their uniform quality and high strength.

Global Steel Pipe Piles Market Overview

The increased infrastructural developments in the developing, as well as developed countries due to rapidly rising urbanization coupled with growing economies across the globe, will foster market growth of the Steel Pipe Piles Market over the forecasted period. Steel pipe pile offers large bearing capacity, therefore are capable of bearing a large striking force and reaching a solid bearing stratum. It also offers large bending strength, since high horizontal resistance can be expected due to large section rigidity and bending strength. In addition, high deformation performance and ductility prominently ensure the safety of a structure during an earthquake.

Owing to the aforementioned properties it is widely adopted in construction among ports/harbors, urban civil engineering, and bridge industries across the world, ultimately it drives the Steel Pipe Piles Market. Furthermore, a rise in government investments, widening of projects, and enlargement of the infrastructure contribute to the growth of the market. These factors are expected to drive the Steel Pipe Piles Market during the forecasted period.

There are certain restraints and challenges faced which will hinder the market growth. One of the major challenges is difficulties in the installation of steel pipe piles. Steel pipe piling is difficult in soils with cobbles Also, issues regarding the settlements may take place in adjacent properties due to installation vibrations. These factors might hamper the growth of the Steel Pipe Piles Market up to a certain extent over the forecasted period.

Global Steel Pipe Piles Market: Segmentation Analysis

The Global Steel Pipe Piles Market is Segmented on the basis of Product, Applications, and Geography.

Steel Pipe Piles Market, By Product

• Spiral Weld Pipe
• Electric Resistance Weld Pipe
• Double Submerged Arc Weld Pipe

Based on Product, the market is bifurcated into Spiral Weld Pipe, Electric Resistance Weld Pipe, and Double Submerged Arc Weld Pipe. The Spiral weld pipe segment is estimated to grow at a significant CAGR over the forecasted period. The factors can be attributed to the high strength of the spiral welded pipe as compared to the straight welded pipe. While Double submerged arc weld pipes segment is also expected to grow moderately during the forecasted period.

Steel Pipe Piles Market, By Application

• Ports/Harbors
• Urban Civil Engineering
• Bridges
• Other

Based on Application, the market is bifurcated into Ports/Harbors, Urban Civil Engineering, Bridges, and Other. The factors can be attributed to the rapid adoption of the products of steel pipe piles such as spiral weld pipe, electric resistance weld pipe, and double submerged arc weld pipe piles in the Urban Civil Engineering and Ports/Harbors application segment.

Steel Pipe Piles Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world
• On the basis of regional analysis, the market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by the Asia Pacific region. The factors such as investments and ongoing industrial and infrastructural development in the developing economies such as China, India in the region, also in Japan as it ensures the safety of a structure during an earthquake, are expected to drive Steel Pipe Piles Market across the Asia Pacific region during the forecasted period.

Key Players

• The "Global Steel Pipe Piles Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
• Meever, Nippon Steel & Sumitomo Metal, JFE, Valiant Steel, ESC Group, EVRAZ, TMK IPSCO, Zekelman Industries, Northwest Pipe Company, U.S. Steel, Welpun Tubular, American Steel Pipe, Tenaris, Trinity, Vallourec, Jianhua Construction Materials Group, Skyline Steel.
• The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.