The Line Pipe Market, valued at USD 15.39 Billion in 2024, is expected to grow to USD 20.30 Billion by 2030 with a CAGR of 4.57%. These pipes are crucial for transporting oil, gas, water, and other fluids over long distances, connecting production sites with end-users. The growth in energy demand, infrastructural projects, and advancements in material and pipeline design are key factors driving market expansion. Global oil and gas exploration activities, particularly in regions like Southeast Asia, Africa, India, and China, are major drivers for the line pipe market, necessitating high-strength pipes for efficient transportation. Challenges including fluctuating raw material prices and supply chain disruptions impact manufacturers. There is an increasing demand for line pipes in hydrogen and CCUS infrastructure to support the global clean energy transition. The surge in demand for specialized line pipes for hydrogen transportation and CCUS projects reflects the strategic importance of decarbonizing sectors such as steel, transportation, and chemicals. Key market players include Tenaris S.A., JFE Steel Corporation, Nippon Steel Corporation, and others. The market is segmented by material, diameter, application, joint type, and region, covering a wide range of industries and geographical areas. ResearchAndMarkets.com provides in-depth industry insights and market data.