The global corrugated steel pipe market has been witnessing significant growth, driven by the increasing demand for infrastructure development and urbanization. As governments worldwide invest in transportation, water management, and sewage systems, the corrugated steel pipe market is poised for robust expansion through 2025 and beyond.
The global corrugated steel pipe market was valued at approximately $4.2 billion in 2025. Projections indicate that the market will reach around $5.5 billion by 2025, growing at a CAGR of approximately 6.2% from 2025 to 2025. The increasing need for durable and cost-effective drainage solutions is one of the primary factors driving this growth.
The market can be segmented into various types of corrugated steel pipes, including but not limited to:
Among these, the galvanized steel pipe segment is expected to hold the largest market share of around 45% in 2025, as it offers excellent resistance to corrosion, making it suitable for a variety of applications.
The key players in the corrugated steel pipe market include:
These companies are leveraging advanced technologies and innovative manufacturing processes to enhance product offerings and drive market growth.
The manufacturing processes involved in producing corrugated steel pipes include:
Cold forming is anticipated to dominate the process segment, accounting for nearly 60% of the total market share by 2025, due to its efficiency and effectiveness in producing high-quality steel pipes.
Corrugated steel pipes are utilized in various applications including:
The stormwater management segment is projected to experience the fastest growth, with an expected CAGR of 7.5% from 2025 to 2025, driven by the rising concerns over flooding and the need for efficient drainage systems.
The end-use sectors for corrugated steel pipes are categorized into:
The infrastructure sector is anticipated to dominate the market, accounting for over 55% of the total market share by 2025, with significant investments in public works projects facilitating growth.
The global corrugated steel pipe market is analyzed across multiple regions including:
Asia Pacific is expected to exhibit the highest growth rate, with a CAGR of around 8% from 2025 to 2025, supported by rapid industrialization, urbanization, and government initiatives toward improving infrastructure.
Recent policies aimed at enhancing infrastructure development globally are expected to benefit the corrugated steel pipe market. In particular, the U.S. governments infrastructure bill, with an allocation of $1.2 trillion for transportation, utilities, and broadband, is likely to spur demand for corrugated steel pipes. Additionally, the European Unions Green Deal is aiming at sustainable construction practices, which will propel the adoption of durable materials like corrugated steel, emphasizing a focus on eco-friendly solutions.
In recent years, several notable companies have undertaken strategic initiatives to strengthen their market positions:
Looking forward, the corrugated steel pipe market is expected to continue its upward trajectory from 2025 to 2030, with numerous factors influencing its growth:
In conclusion, the global corrugated steel pipe market is anticipated to thrive in the coming years. Key players are expected to focus on product innovation, strategic partnerships, and expansion initiatives to capitalize on rising infrastructure investment and the demand for advanced drainage solutions as part of the broader economic development trends focusing on sustainability and resilience.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook