Chemicals Industry Today

Vietnam Steel Tubes Market 2025 - Top Regions, Latest Technology, Investment Opportunities, Future Trends and Outlook 2033

The Vietnam steel tubes market size reached USD 333.40 Million in 2024. The market is projected to reach USD 372.84 Million by 2033, exhibiting a growth rate (CAGR) of 1.25% during 2025-2033.
Published 19 December 2025

The Vietnam steel tubes market size reached USD 333.40 Million in 2024 and is projected to reach USD 372.84 Million by 2033, exhibiting a CAGR of 1.25% during the forecast period of 2025-2033. The market growth is driven by rising infrastructure investments, industrial expansion, and strong demand from automotive and energy sectors. Domestic and international producers are enhancing product quality and diversifying applications by adopting innovative materials and fabrication methods. Supply chains are increasingly shifting toward regional sourcing to improve resilience. Sustainable manufacturing practices and regulatory alignment are positioning Vietnam as a competitive hub in the steel tubes market.

Study Assumption Years

  • Base Year: 2024
  • Historical Years: 2019-2024
  • Forecast Period: 2025-2033

Vietnam Steel Tubes Market Key Takeaways

  • The market size in 2024 was USD 333.40 Million.
  • The forecast period spans from 2025 to 2033 with a CAGR of 1.25%.
  • The market is propelled by increased infrastructure investments and industrial growth.
  • Domestic steel production surged in 2024, supporting tube manufacturing capacity and industry resilience.
  • Anti-dumping tariffs imposed in 2025 shifted export strategies toward premium and specialty tubes.
  • Demand is shifting toward high-spec industrial and infrastructure projects requiring seamless and high-pressure tubes.

Sample Request Link: https://www.imarcgroup.com/vietnam-steel-tubes-market/requestsample

Market Growth Factors

Vietnam's steel tubes market is benefitting from robust domestic production momentum, with steel production surging in 2024. This surge reflects strong industrial momentum supported by ongoing construction and infrastructure projects. The rise in domestic raw steel supply ensures capacity resilience for steel tube manufacturing lines and aligns with a broader steel sector recovery, underpinning structural readiness and fostering industry resilience.

Export pressures also influence market dynamics. In 2025, Vietnam imposed temporary anti-dumping tariffs on certain Chinese steel imports, protecting local production. This trade defense measure encouraged the domestic tube industry to shift away from volume-driven commodity exports toward higher-value, specialty applications emphasizing technical precision, grade control, and corrosion-resistant alloys. This strategic realignment supports sustaining pricing and market positioning amid tightening international trade conditions.

Regional demand is also evolving, with a trend toward specialized tube use in high-spec industrial and infrastructure projects. Government infrastructure investments in rail, power distribution, and high-rise buildings demand seamless or high-pressure steel tubes with precise tolerances. Policies emphasize upgrading domestic tube fabrication capabilities, moving away from basic profiles toward precision mechanical tubing, enabling producers to align with evolving infrastructure needs while mitigating import and commodity risks.

Market Segmentation

Product Type:

  • Seamless Steel Tubes: The market includes seamless tubes preferred for infrastructure, mechanical, and industrial applications requiring durability and precision.
  • Welded Steel Tubes: Welded tubes are also a significant segment used across various sectors.

Material Type:

  • Carbon Steel: A key material type used extensively in steel tube manufacturing.
  • Stainless Steel: Another major material, addressing corrosion resistance needs.
  • Alloy Steel: Included for specialized applications needing enhanced mechanical properties.
  • Others: Additional materials are also covered within the market analysis.

End Use Industry:

  • Oil and Gas: Applications involve tubing that meets sector-specific specifications.
  • Petrochemicals: Industry requiring tubes for chemical processing systems.
  • Infrastructure and Construction: A major demand driver utilizing tubes for structural and mechanical purposes.
  • Automotive: Steel tubes are critical in automotive manufacturing and assembly.
  • Water Treatment and Sewage: Tubes used in systems for water management.
  • Others: Covers additional industries utilizing steel tubes.

Regional Insights

The report categorizes the market into Northern Vietnam, Central Vietnam, and Southern Vietnam. Specific regional statistics are not detailed; however, these regions represent the major markets in the country, reflecting geographic production and consumption patterns aligned with infrastructure development and industrial concentration.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Customization Note

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA,

Email: sales@imarcgroup.com,

Tel No: (D) +91 120 433 0800,

United States: +1-201971-6302



Other Industry News

Ready to start publishing

Sign Up today!