Canada Steel Pipes & Tubes Market Size & Outlook

The steel pipes & tubes market in Canada is expected to reach a projected revenue of US$ 4,263.3 million by 2030. A compound annual growth rate of 3.1% is expected of Canada steel pipes & tubes market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,450.2
Forecast, 2030 (US$M)
$4,263.3
CAGR, 2024 - 2030
3.1%
Report Coverage
Canada

Canada steel pipes & tubes market highlights

  • The Canada steel pipes & tubes market generated a revenue of USD 3,730.8 million in 2022 and is expected to reach USD 4,263.3 million by 2030.
  • The Canada market is expected to grow at a CAGR of 1.7% from 2023 to 2030.
  • In terms of segment, oil & gas was the largest revenue generating application in 2022.
  • Power plant is the most lucrative application segment registering the fastest growth during the forecast period.

Steel pipes & tubes market data book summary

Market revenue in 2022USD 3,730.8 million
Market revenue in 2030USD 4,263.3 million
Growth rate1.7% (CAGR from 2022 to 2030)
Largest segmentOil & gas
Fastest growing segmentPower plant
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConstruction, Oil & gas, Chemicals and petrochemicals, Automotive & transportion, Mechanical engineering, Power plant
Key market players worldwideArcelorMittal SA Depository Receipt, Nippon Steel Corp, Steel Authority Of India Ltd DR, Tata Steel Ltd GDR - 144A, Thyssenkrupp AG, United States Steel Corp

Other key industry trends

  • In terms of revenue, Canada accounted for 2.0% of the global steel pipes & tubes market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. steel pipes & tubes market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 30,377.2 million by 2030.

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Steel Pipes & Tubes Market Scope

Steel pipes & tubes market segmentation & scope

Steel Pipes & Tubes Market Companies

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Canada steel pipes & tubes market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steel pipes & tubes market will help companies and investors design strategic landscapes.


Oil & gas was the largest segment with a revenue share of 56.08% in 2023. Horizon Databook has segmented the Canada steel pipes & tubes market based on construction, oil & gas, chemicals and petrochemicals, automotive & transportion, mechanical engineering, power plant covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Steel Pipes & Tubes Application Outlook (Revenue, USD Million, 2018-2030)
    • Construction
    • Infrastrcture
    • Industrial
    • Automotive
    • Industrial Manufacturing
    • Power & Energy
    • Others
    • Residential
    • Non-residential
    • Oil & gas
    • Chemicals and petrochemicals
    • Automotive & transportion
    • Mechanical engineering
    • Power plant
  • Canada Steel Pipes & Tubes Technology Outlook (Revenue, USD Million, 2018-2030)
    • Seamless
    • ERW
    • SAW

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada steel pipes & tubes market , including forecasts for subscribers. This country databook contains high-level insights into Canada steel pipes & tubes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada steel pipes & tubes market size, by application, 2018-2030 (US$M)

Canada Steel Pipes & Tubes Market Outlook Share, 2023 & 2030 (US$M)

Canada steel pipes & tubes market size, by application, 2018-2030 (US$M)

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