Carbon Steel Tubing In Oil And Gas Lift Applications Market

By Outer Diameter;

60-120 mm and 121-250 mm

By Coating;

Internally Coated and Externally Coated

By Type;

Onshore and Offshore

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn698973740 Published Date: September, 2025 Updated Date: October, 2025

Carbon Steel Tubing In Oil And Gas Lift Applications Market Overview

Carbon Steel Tubing In Oil And Gas Lift Applications Market (USD Million)

Carbon Steel Tubing In Oil And Gas Lift Applications Market was valued at USD 5,702.33 million in the year 2024. The size of this market is expected to increase to USD 7,554.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.


Carbon Steel Tubing In Oil And Gas Lift Applications Market

*Market size in USD million

CAGR 4.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.1 %
Market Size (2024)USD 5,702.33 Million
Market Size (2031)USD 7,554.53 Million
Market ConcentrationHigh
Report Pages357
5,702.33
2024
7,554.53
2031

Major Players

  • Sandvik AB
  • ArcelorMittal S.A.
  • Nippon Steel & Sumitomo Metal Corporation
  • Vallourec S.A.
  • Tenaris S.A.
  • Webco Industries Inc.
  • U.S. Steel Tubular Products
  • JFE Holdings, Inc.
  • SB International, Inc.
  • CONTINENTAL ALLOYS & SERVICES Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Carbon Steel Tubing In Oil And Gas Lift Applications Market

Fragmented - Highly competitive market without dominant players


The Carbon Steel Tubing in Oil and Gas Lift Applications Market is advancing steadily as energy operators seek durable and economical materials. Over 57% of oilfield operations now rely on carbon steel tubing for lifting processes. Its strength, longevity, and resilience ensure consistent adoption in critical applications.

Adoption in Oilfield Operations
Usage of carbon steel tubing in artificial lift mechanisms and well production systems is expanding. Close to 49% of lift operations integrate these tubes to sustain flow rates and efficiency. Their track record of high reliability is cementing their role in vital oil and gas activities.

Technological Advancements in Tubing Design
Enhancements in material processing, protective coatings, and manufacturing techniques are driving product improvements. Approximately 38% of innovations in tubing focus on higher resistance and improved strength. The adoption of automated fabrication technologies is increasing production consistency.

Support from Industrial Investments
Growing research support and significant infrastructure investments are fueling market momentum. Roughly 43% of upstream projects integrate carbon steel tubing as part of their development. These initiatives are enabling the creation of high-performance tubing solutions for large-scale applications.

Future Growth Potential
The outlook for the carbon steel tubing market in oil and gas lift applications is highly positive, with rising adoption in production optimization projects. More than 52% of upcoming initiatives prioritize its integration. Supported by technological progress and industry collaboration, the market is positioned for robust growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Outer Diameter
    2. Market Snapshot, By Coating
    3. Market Snapshot, By Type
    4. Market Snapshot, By Region
  4. Carbon Steel Tubing In Oil And Gas Lift Applications Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand for energy.
        2. Advancements in drilling technologies.
        3. Expansion of oil and gas exploration.
      2. Restraints
        1. Environmental concerns.
        2. Fluctuating crude oil prices.
        3. Regulatory complexities.
      3. Opportunities
        1. Increasing offshore exploration activities.
        2. Adoption of carbon capture and storage (CCS) technologies.
        3. Development of unconventional oil and gas resources.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Carbon Steel Tubing In Oil And Gas Lift Applications Market, By Outer Diameter, 2021 - 2031 (USD Million)
      1. 60-120 mm
      2. 121-250 mm
    2. Carbon Steel Tubing In Oil And Gas Lift Applications Market, By Coating, 2021 - 2031 (USD Million)
      1. Internally Coated
      2. Externally Coated
    3. Carbon Steel Tubing In Oil And Gas Lift Applications Market, By Type, 2021 - 2031 (USD Million)
      1. Onshore
      2. Offshore
    4. Carbon Steel Tubing In Oil And Gas Lift Applications Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Tenaris
      2. Vallourec
      3. Nippon Steel & Sumitomo Metal Corporation
      4. ArcelorMittal
      5. United States Steel Corporation (U.S. Steel Tubular Products)
      6. JFE Holdings (JFE Steel)
      7. Webco Industries
      8. S.B. International
      9. Continental Alloys & Services
      10. TPCO Enterprise
      11. Chelpipe Group
      12. Zekelman Industries
      13. EVRAZ
      14. Sandvik
      15. Jindal SAW Ltd
  7. Analyst Views
  8. Future Outlook of the Market