Europe's centrifugal casting steel pipes market is experiencing moderate growth, supported by stringent EU regulations that encourage the use of high-efficiency, low-emission materials. Countries like Germany, Italy, and France are upgrading their industrial manufacturing lines and energy transmission systems, thus elevating demand for specialized steel castings. A major driver is the region’s shift toward renewable energy and hydrogen infrastructure, which requires advanced piping solutions with high resistance to pressure and chemical exposure. However, high labor costs, decarbonization pressures, and competition from Asian imports present ongoing challenges. Industry players are exploring recyclable alloys and energy-efficient casting techniques as part of the region’s green transition. The market is expected to grow at a CAGR of 4.6% during 2025–2030, with innovation-led demand outweighing traditional consumption patterns.
TABLE - Europe Source: Company Publications, Primary Interviews, and SR Analysis
Europe 2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
CAGR (2024-2033)
U.K.
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
Germany
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
France
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
XX
Total
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XXX
XXX
TABLE - Europe Centrifugal Casting Steel Pipes Market Size & Forecast By Product Type 2021-2033
Product Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Stainless Steel Centrifugal Pipes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Carbon Steel Centrifugal Pipes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Alloy Steel Centrifugal Pipes | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Europe Centrifugal Casting Steel Pipes Market Size & Forecast By Application 2021-2033
Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Oil & Gas Industry | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Power Generation | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Water and Wastewater Management | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Chemical & Petrochemical Industry | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Others (Construction, Marine, Automotive) | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis