Current Demand Status of Steel Pipes in Thailand
Date:2026-03-20
The current demand for steel pipes in Thailand exhibits a significant divergence: on the one hand, demand for structural steel pipes related to construction and infrastructure remains robust, with new growth drivers emerging; on the other hand, demand for seamless steel pipes in traditional energy extraction sectors continues to shrink.
I. Structural Steel Pipes: Robust Demand, the Foundation of the Market
- Large-scale government infrastructure projects (such as the Eastern Economic Corridor and rail transit)
- Industrial plants, commercial and residential buildings
- New Growth Drivers: Support structures for renewable energy projects such as solar power plants
II. Strong Demand Growth, a Prominent Highlight of the Current Market
- Increasingly stringent safety regulations are driving the upgrading of fire protection systems in new and existing buildings
- A surge in imports confirms strong demand (import CAGR reached 26.03% from 2020-2024)
III. Seamless Stainless Steel Pipes Used in Oil and Gas Extraction
- Affected by global energy transition and domestic demand, oil and gas extraction activities are sluggish.
- Domestic consumption has declined for three consecutive years, and imports and exports have also decreased significantly.
