At the first sight, pipe and tube looks the same. There are many similarity for pipes and tubes: all made of metal, with same shape, and all hollow… But there are many difference between them. Let’s see the 

15 Difference Between Pipe and Tube

1. Pipe Diameter and Tube Diameter
Pipe diameter refers to a nominal diameter- not actual. Pipe Schedule refers to the pipe’s wall thickness (you can find the schedule chart and specification). The actual physical outside diameter is larger than it’s nominal OD.
The diameter of tubing on the other hand refer to the actual outside diameter. In other words, the actual physical OD of a tube is just the same as it’s nominal OD. 
For example: The actual outside diameter of 1¼” pipe is 1.625″ – while 1¼″ tube has a true 1.25″ outside diameter.
Pipes accommodate larger applications with sizes that range from a half-inch to several feet. Tubes are generally used in applications that require smaller diameters. While 10-inch pipes are common, it’s rare that you will come across a 10-inch tube.

2. Wall Thickness Difference 

The wall thickness of pipes and tubes is an important factor to tell difference. The thickness of tubing is often specified by a gauge for thinner thicknesses and for thicker tubing it is indicated by fractions of an inch or millimeters. The normal range for tubing is 20 gauge, which measures .035 inch, up to a thickness of 2 inches. The wall thickness of a pipe is referred to as a pipe schedule, which you can find the relevant between pipe schedule and thickness in millimeter or inch in specification ASME B36.10. The most common schedules are SCH 20,SCH 40 and SCH 80. Schedule 40 is the most common and 80 is extra heavy. Which is needed to be noted, the pipe schedule is not set for all diameters; it varies.

For example:  

Diameter 8inch/219.1 pipe, pipe schedule is SCH 40 = wall thickness is 0.322inch/8.18mm, 

Diameter 12 inch /323.9 pipes, sch 40 refers wall thickness of 0.406inch/10.31mm.

There is no formula between the pipe schedule and wall thickness, the only is to refer to the ASME B36.10 or relevant standards.

3. Pipes Tolerance & Tube Tolerance
Pipes are usually used for transporting or distributing, then the properties of pressure or straightness, roundness are strictly specified, the tolerance for pipes is more loose than tubes comparatively. Here the tolerance refers to diameter tolerance, wall thickness tolerance, straightness tolerance, roundness tolerance etc.

4. Manufacturing Difference of pipes and tubes
As we mentioned above, tubes will require higher level requirements, consequently, even from the material producing to the pipe or tube manufacturing process will be different. Tubes will require much more process, tests, inspection than pipes. The delivery time will be longer, too. The yield of tubes are comparatively much lower than pipes. Pipe manufacturing is easier compare to tubes and it’s in mass production

5. Cost & Price
As per to the above, to manufacture tubes will take much more labor, energy, material etc, so the production cost is surely higher than pipes. And just because the high level requirement of tubes, the low yield of tubes will also increase the cost and price. While the process of pipes is easier. And pipes  are manufactured in large lot and cut the cost.

6. Use of Pipes and Tubes
Pipes are used for fluids and gases, such as water, oil, gas or propane or as steam pipe, boiler pipe etc. Just because of this, the outside & inside diameter is the key measurement — it indicates how much can flow through the pipe. Also that’s the reason why the pressure rating is so important, because the pressure must be under the transport or distribute pressure range. Tubes, however, are often put to use in applications that require precise outside diameters, like with medical tubes, weapon part, industrial parts, cooler tubes, heat exchanger tubes and boiler tubes. Tubes are usually used in medical area, construction, structure or load bearing etc. This is why the outside diameter is important because it indicates how much it can hold as a stability factor.

7. Material
Piping is usually made of carbon steel or low alloy steel. while tubing is often made of mild steel, aluminum, brass, copper, chrome or stainless steel etc. Different material also lead to different cost and price.

8. Mechanical Properties and Chemical Properties
For pipes the pressure rating, yield strength, ductibility properties are more important. However, for tubes, the hardness, tensile strength, high precision is the key to high quality. Those elements like C, Mn, S, P, Si are the main chemical elements for pipes, and there is few microelements requirements . While for tubing, the microelements are very important to the quality and process.  

9 Connection /Join Welding
Connecting pipes is more labor intensive as it requires welding, threading or flanges and relevant equipments. Tubes can be joined quickly and easily with flaring, brazing or couplings, but for this reason, they don’t offer the same stability. Pipe welding is safer than “tube join”.

10. Ductibility

Pipe is available in rigid “joints”, which come in various lengths depending on the material. Tubing, in particular copper, comes in rigid hard tempered “joints” or soft tempered (annealed) rolls. Some tubing also comes in rigid “joints” or flexible rolls. The temper of the copper, that is whether it is a rigid “joint” or flexible roll, does not affect the sizing. 

11. Packing
Pipes to delivered are in bundle or just bulk delivery. Because we just need to protect the pipes surface from serious damage and no need to protect from any light chafing. While tubes are usually wrapped with wooden box or thin film for each tube, especially for medical area tube.

12. Surface Finish

For outdoor field transporting or underground transporting, pipes need to be painted or coating to anti corrosion or oxidation. Tubes are sour cleaning or special polish treatment for particular field use.

13. Quantity

For long transport or distributing, piping is often used in mass quantity and for long distance application. So, the order of pipes are usually large. While tubes may be used in small quantity.

14. Pipe End and Tube End
Pipe ends are usually in plain or beveled so as to welding. while tubes are with coupling ends or specially end finish, like irregular ends, special screw thread etc.

15. Application
Pipes accommodate larger applications with sizes that range from a half-inch to several feet. Tubes are generally used in applications that require smaller diameters. While 10-inch pipes are common, it’s rare that you will come across a 10-inch tube.

Reference:

Difference between Pipes and Tubes

Differences Between Tubing & Pipe

Water pipe-WIKI

Pipes vs. Tubes – Is There a Difference?

Pipe Vs Tube