Nigeria’s market for centrifugal casting steel pipes is emerging, with growth largely linked to expanding urban infrastructure and oil and gas pipeline development. As the country ramps up domestic refining capacity and natural gas transmission, demand for robust steel piping solutions is increasing. Government-backed infrastructure modernization and private sector investments in industrial zones and irrigation systems are acting as key market drivers. However, the sector is restrained by unreliable power supply, high import dependency for raw materials, and insufficient local manufacturing capabilities. Yet, with growing interest from foreign investors and regional trade frameworks like AfCFTA, the market offers a substantial growth opportunity in setting up localized casting units. Additionally, the trend toward digital monitoring and predictive maintenance in oil and water pipelines is prompting demand for precision-engineered steel pipes that centrifugal casting can provide. Nigeria’s market is projected to grow at a CAGR of 5.2% between 2025 and 2030.
TABLE - Nigeria 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 - Nigeria 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