Growth in Indian Tube and Pipe Industry- The Way Forward
The India steel pipes and steel tubes market was estimated at USD 32.88 billion in 2024 and is projected to grow at a CAGR of 6.43% to reach USD 37.69 billion by 2030. By technology, the market is divided into seamless, electric resistance welded (ERW), and submerged arc welded segments, with seamless accounting for nearly 50% of the market size. The sectoral demand is fuelled by oil & gas, chemicals & petrochemicals, automotive & transportation, mechanical engineering, power plants, and construction. These demand drivers, both domestic and international, indicate that the growth momentum is sustainable in the long term.
Major Trends in Terms of Technology, Product Mix, and Supply Chain
The industry is witnessing several technological advancements, such as the adoption of advanced manufacturing technologies including online ultrasonic NDT systems and laser-based profile inspection systems, which are helping improve product quality and efficiency. Companies are also increasingly implementing ERP software to streamline operations and strengthen supply chain management. There is a growing emphasis on sustainable manufacturing practices and environmentally friendly products, such as PVC-O pipes, which offer enhanced durability and a lower environmental footprint. In terms of product mix, demand for seamless pipes and tubes is rising due to their superior performance, particularly in high-pressure and high-temperature applications. There is also an increasing focus on specialized pipes, such as stainless steel pipes, for industries like oil and gas, petrochemicals, and power generation. On the supply chain front, companies are actively developing local sourcing options and building resilient supply chains to reduce risks associated with raw material imports.
Impact of New Entrants in the Industry
The entry of new players has created healthy competition in the market, with established companies upgrading themselves and new entrants introducing fresh ideas and technologies. These new players are bringing in advanced solutions such as online ultrasonic NDT systems and laser-based profile inspection systems, which are raising product quality and operational efficiency. The competitive environment is also encouraging the industry to focus more on high-quality and specialized products, such as seamless and stainless steel pipes. Additionally, collaborations and partnerships are being forged to secure raw materials and strengthen supply chains. At the same time, the industry is experiencing competitive pressure from imports, particularly from countries with low-cost production capabilities, which is pushing Indian manufacturers to concentrate on product innovation and quality.
Future Readiness to Compete in the Evolving Market
At Tacklers Engineering Private Limited, our key action plan is centered around designing and manufacturing EOT (electric overhead travelling) cranes tailored to the specific requirements of the tube and pipe industry, such as handling heavy loads and optimizing production workflows. We are incorporating cutting-edge technologies like variable frequency drives (VFDs), remote control systems, and enhanced safety mechanisms to ensure efficient and secure operations. In addition, we are working closely with tube and pipe manufacturers to understand their needs and deliver customized solutions. By using high-quality materials and adhering to stringent standards, we ensure that our cranes are durable and reliable. Equally important, we focus on after-sales service, providing comprehensive support in installation, commissioning, and maintenance to maximize customer satisfaction.
B2B Exhibitions Fueling Industry Growth
We believe that B2B exhibitions provide vital opportunities for industry growth. These events facilitate networking by bringing together manufacturers, suppliers, distributors, and buyers from across the globe, enabling meaningful connections and partnerships. They also enhance brand visibility, giving companies the chance to showcase their products and services to targeted audiences. Exhibitions generate valuable business leads and help companies expand their client base. In addition, they allow attendees to gain insights into market trends, customer preferences, and competitor activities, which in turn supports informed decision-making. Beyond this, exhibitions provide a stage for companies to present their latest products and technologies, highlight their capabilities, and foster collaboration among industry players, promoting joint ventures and business deals that drive overall industry progress.
Past Participation Experience in Tube & Pipe Fair
Tacklers Engineering has been consistently supplying EOT cranes to leading players in the Indian tube and pipe sector, including Ratnamani Metal & Tubes Limited, Heavy Metal & Tubes Limited, Raajratna Tubes, Venus Pipes and Tubes, Suraj Limited, Jindal Saw Limited, Hi-tech Pipes Limited, and Sanvijay Rolling & Engineering Limited, among others. With the sector seeing huge potential due to the increased focus on infrastructure projects, we recognize the growing opportunities. As a leading material handling and lifting equipment supplier in India, Tacklers Engineering specializes in designing cranes and lifting beams for multiple applications across diverse sectors. Our adjustable lifting beams are engineered to handle heavy loads, improve lifting stability, and enhance safety, thereby addressing the critical requirements of our customers in the tube and pipe industry.
Expectations from Tube & Pipe Fair 2025
We expect Tube & Pipe Fair 2025 to provide excellent exposure, new business opportunities, and valuable industry insights, especially with the participation of over 200 exhibitors from India and abroad, and a targeted audience of more than 15,000 industry professionals and decision-makers. Visitors to our booth can look forward to engaging in meaningful business networking, exploring partnership opportunities, and discussing potential deals. They will also gain exposure to new markets, emerging trends, and the latest technologies, products, and services in the tube and pipe industry.
Visit Stand: 6B7-1 at Tube & Pipe Fair 2025, New Delhi
