North America Welded Steel Tubes Market
North America Welded Steel Tubes Market is growing at a CAGR of 5.3% to reach US$ 59.36 Billion by 2031 from US$ 39.36 Billion in 2023 by Steel Grades, Application, Type, Coating Type .

Published On: Feb 2025

Available Report Formats

pdf-format excel-format pptx-format
Request Free Sample Buy Now
North America Welded Steel Tubes Market

According to our latest study on "North America Welded Steel Tubes Market –Regional Share, Trend, and Growth Opportunity Analysis – by Steel Grades, Application, Type, Coating Type, and Geography," the North America Welded Steel Tubes market size was valued at US$ 39.36 billion in 2023 and is expected to reach US$ 59.36 billion by 2031. The North America Welded Steel Tubes market is estimated to record a CAGR of 5.3% from 2023 to 2031.

Growing Energy Infrastructure Development Initiatives to drive North America Welded Steel Tubes Market Growth During Forecast Period

Major companies and governments of various countries across North America are significantly focusing on reducing their carbon emissions and increasingly adopting green energy. With a rise in green energy demand, the need to develop green infrastructure projects is growing significantly. In 2024, the US government announced approval for a commercial-scale offshore wind project to achieve approximately 15 gigawatts of energy. Similarly, in December 2024, the Canadian Cabinet Ministry announced an investment of more than US$ 1 billion for up to 670 megawatts of Indigenous-led wind projects through the Canada Infrastructure Bank (CIB) Clean Power priority sector and Indigenous Equity Initiative, as well as Natural Resources Canada’s Smart Renewables and Electrification Pathways program (SREPs). Such government initiatives to build green energy infrastructure are estimated to increase the demand for construction and safety materials, including welded steel tubes. Thus, the growing number of energy infrastructure development initiatives are expected to create lucrative opportunities for the North America welded steel tubes market growth during the forecast period.

Key Findings of North America Welded Steel Tubes Market Study:

The North America welded steel tubes market is segmented on the basis of steel grades, type, application, and coating type. On the basis of steel grades, the market is segmented into carbon base grades, boron grades, alloy grades, HSLA, AHSS, and others. By type, the market is categorized into LSAW, SSAW, and ERW. On the basis of application, the market is segmented into exhaust, automotive, appliances, medical devices, HVAC, burner, conveyor belts, and others. Based on technology, the market is bifurcated into clear coat and non-coated. The carbon base grades segment held the largest share in the North America welded steel tubes market in 2023. Carbon steel is composed of iron and carbon and contains trace amounts of other elements, such as manganese and silicon. It might also contain sulfur and phosphorus. The carbon content of these tubes has a significant impact on their properties, which determines their suitability for specific applications. Carbon steel welded pipes and tubes are available in a variety of sizes to meet structural and mechanical piping needs in water, petroleum, oil and gas, construction, and other industrial applications. Carbon steel has good hardness and strength characteristics, and it is less expensive than other steel. Carbon steel welded pipes and tubes are used in high-pressure applications and are extremely shock and vibration-resistant, making them ideal for transporting fluids. Carbon steel pipes are commonly used in water and sewage transportation, boiler and condenser tubes, oil and gas production, high-pressure applications, and chemical processing.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com