API Pipe Market Report 2025 (Global Edition)

Global API Pipe Market Report 2024 Market Size Split by Type (Hot Roll, Cold Roll, Cold Drawn), by Application (Transport Oil, Transport Gas, Others), by Distribution Channel (Direct, Indirect)

API Pipe Market Report Description

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API Pipe Market Insights Video

Company Profile:

• ITECO Oilfield Supply Group

Founded in 1997, ITECO is a privately held company headquartered in United Arab Emirates, Middle East.  ITECO has been supplying Oil Country Tubular Goods (OCTG) to reputed international exploration and production companies. The company has sales offices in Germany, Middle East, France, UK and India with staff that fluently converse in English, Spanish, German, French, Russian, Filipino (Tagalog), Dutch, Hindi, Greek, Turkish and Japanese. Products offering at ITECO inlcude OCTG (Oil Country Tubular Goods), Line Pipe and Drill Pipe

• Tubacero 

Founded in 1943, Tubacero is a privately held company headquartered in NUEVO 

LEON, Mexico. The company manufactures and markets steel pipe, which is used to conduct fluids, solids and semi-solids. Tubacero holds API certification since 1959 and was the first manufacturer of longitudinally welded line pipe in the western hemisphere to hold ISO 9002 certification. At the present time, TUBACERO has five plants with a total installed annual capacity of 350,000 metric tons on a 439,961 square meter surface area where carbon steel pipes, are welded longitudinally in diameters of 6.625" to 150", and in wall thickness that range from 0.156" to 2.50". Company serves its products to different industries including Petroleum, Electrical, Mining and Construction Industries, as well as for the Hydraulic Sector, which conducts fluid, semi-solid and solids in diverse environmental conditions. Company's products and services have been exported to different countries around the world, such as Saudi Arabia, Argentina, Australia, Bangladesh, Bolivia, Canada, Chile, China, Colombia, Costa Rica, Ecuador, United States of America, Guatemala, Honduras, India, Indonesia, Italy, Kuwait, Malaysia, Oman, Peru, Great Britain, Dominican Republic, Switzerland, Trinidad y Tobago, Turkey and Venezuela

Top Companies Market Share in API Pipe Industry: (In no particular order of Rank)

• Iteco
• Tubacero
• IPP Group
• Multi Metals India
• EUROPIPE
• MRC Global
• Trio Steel
• Omega Steel
• Corpac Steel
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API Pipe Market Regional Analysis

The regional analysis offers API Pipe market size, share and a detailed analysis for each region. This quantitative as well as qualitative information is crucial for new entrants along with companies operating in API Pipe market . API Pipe market production and consumption can vary significantly from one region to another owing to factors such as, the availability of raw materials, regulatory environments, and others.

The current report Scope analyzes API Pipe Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

API Pipe Market Analysis

API Pipe Market: Type segment Analysis

• Hot Roll

The Hot Roll Revenue in API Pipe is estimated to reach USD 598.32 by 2028.

Hot rolled steel involves rolling the steel at high temperatures (typically at a temperature over 1700° F), which is above the steel’s recrystallization temperature. When steel is above the recrystallization temperature, it can be shaped and formed easily, and the steel can be made in much larger sizes. Hot rolled steel is typically cheaper than cold rolled steel due to the fact that it is often manufactured without any delays in the process, and therefore the reheating of the steel is not required (as it is with cold rolled). Hot rolling steel is majorly used in the welding and construction industry. In addition, it is used in situations where precise shapes and tolerances are not required.

• Cold Roll

Cold rolled steel is essentially hot rolled steel that has had further processing. The steel is processed further in cold reduction mills, where the material is cooled (at room temperature) followed by annealing and/or tempers rolling. This process will produce steel with closer dimensional tolerances and a wider range of surface finishes. Cold rolling steel is used where tolerances, surface condition, concentricity, and straightness are the important factors.

• Cold Drawn

Cold drawn steel has similar benefits to cold rolled steel. The pressure essential to make cold drawn steel results in high tensile strength and a smooth, polished finish. Similar to the cold rolled steel, cold drawn steel doesn’t change shape during processing, so the finished product has a predictable thickness and shape. Cold drawn steel usually needs to be drawn multiple times through different dies to achieve the right size, leading to higher production costs than cold roll.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of API Pipe Industry. Request a Free Sample PDF!

API Pipe Market, by Application

• Transport Oil

The Transport Oil segment Revenue in API Pipe is estimated to reach USD 580.50 Million by 2028.

In oil transportation through pipe, Oil pipelines are made from steel or plastic tubes which are usually buried. Pipelines are one of the safest ways of transporting materials as compared to road or rail. The products carried in liquid pipelines include a wide range of materials. Crude oil systems gather production from onshore and offshore fields, while transmission lines transport crude to terminals, interconnection points, and refineries. gasoline, aviation fuels, kerosene, diesel fuel, heating oil, and various fuel oils are the various refined petroleum product used in pipeline transmission.

• Transport Gas

Through technical-economical evaluation, natural gas pipeline transportation systems based on semi-traditional construction techniques, high-strength steel, and high operative gas pressure. API steel pipes are the most used pipe system globally. For instance, X80 steel pipes spread worldwide and the number of laid lines continuously increased, thus demonstrating a consolidated trend in adopting X80 steel pipes as a standard solution for high-pressure gas transportation

The above Graph is for representation purposes only. This chart does not depict actual Market share.

API Pipe Distribution Channel Segment Analysis

• Direct

The Direct Revenue in API Pipe is projected to reach USD 858.68 Million by 2028.

Direct distribution channel allows manufacturer to sold its product directly to customers. In oil and gas pipe manufacturing, company deals with direct oil and gas companies, or government bodies to sell its products.

• Indirect

For a manufacturer, indirect distribution channel means selling wholesale to agents or retailers (or third-party reselling firm) so that they can distribute the product for end-user. This third-party firm, store the product, display it, and employ the sales force to put it into the hands of customers.

• Direct
• Indirect

The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.

Author's Detail

Manoj Phagare

Senior Research Analyst at Cognitive Market Research

LinkedIn

Profile

• Worked on several market, industry & business research projects, on various models such as Syndicated, Custom, Subscriptions and Consults
• Proficient in secondary research and familiar with all paid research databases
• Proficient in primary research and handling client queries through mails and calls
• Expertise in statistical techniques used in data forecasting, possess strong grip on all aspects of market engineering & data analysis
• Expertise in checking feasibility of projects based on Request for Proposal (RFPs) of clients
• Acquainted with entire process of report writing- Title Analysis, TOC Building, Search Engine Optimization, TOC Freezing, Writing Reports, Market Engineering, Scheduling Primaries, Directory of Key Industry Participants (DKIP), Drafting “Press Articles/Summary/Report Description/Analyst Briefing” used for making marketing collaterals 
• Gained team-work skills in coordinating with the sales teams for business development and meeting needs of a variety of clients hand-in-hand with promoting sales.

Author's Conclusion