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New Delhi [India], April 13 (ANI/PRNewswire): Tube & Pipe Fair's first edition, to be held from 6th to 8th October 2023, will assist the global tubes and pipes industry in harnessing the benefits from a period of growth, development, achievements, and sky-rocketing returns. As per various market research reports, the global tubes and pipes industry has been thriving since 2017. Although Covid-19 threw a setback on the industry's upward growth in 2019-2020, the recovery and bounce back have been phenomenal. The best news for the industry is that irrespective of forming material of tubes & pipes, the products have managed to find a wide market demand and presence. For instance, even while steel pipes and tubes gain appraisal of the global industrial market, the PVC pipes and tubes industry has been sized at USD 76.5 billion in 2021, with a recorded average CAGR of 10 per cent over the FY16-FY21 period. Among all these trends, India is appropriately placed to reap the best of benefits as it took the world's second or third-largest market position in the FY17-FY22 period. It is among the top five countries whose market share combines to be 49 per cent of the global industry. These facts however now belong to the pages of history, and the bright future of the tubes and pipes industrydemands attention now. A YOY CAGR of 5.4 per cent is predicted for the global steel tubes and pipes industry for the FY22-FY32 period, meanwhile, for the plastic tubes and pipes industry this CAGR is expected to range between 11-14 per cent. The overall market size of USD 225.5 billion is predicted for the steel tubes and pipes industry in 2032 and USD 129 billion for the PVC tubes and pipes industry in 2030. In the Indian context, Nirmala Sithraman, Union Finance Minister, unveiled her FY23-24 budget for India on February 1, 2023, and many of her announcements conform to India's potential to harness these predictions of growth and benefits. Union Budget FY23-24 Highlights - Increase in capital expenditure by 33 per cent, quantitatively INR 10 lakh crore - Additional funds of INR 69,684 cores towards Jal Jeevan Mission for the supply of piped water to every Indian household - Increasing the outlay for Pradhan Mantri Awas Yojana by 66 per cent, quantitatively INR 79,000 crore towards the housing sector - 27 per cent capital expenditure growth in the oil and gas sector, quantitatively over INR 100,000 crores, of overall expenditure as announced by State-owned Oil Companies All these announcements mean an increase in demand for tubes and pipes, in all types of forming materials, such as steel, iron, plastic, zinc, aluminum, etc., for application in varying industries, including Oil and Gas, Petrochemicals, Power and Water Supply, Construction, Automotive and Transportation, Sanitation, Agricultural Irrigation, Process Plants, and Mechanical Engineering Units. Tube & Pipe Fair (TPF) is going to be a highly focused B2B exhibition in New Delhi, alongside an established exhibition - Cable & Wire Fair 2023, with over 300 exhibitors participating in the fair. The event shall be organized in the designated halls at Pragati Maidan, New Delhi, Delhi, on the 6th, 7th, and 8th of October 2023. Tube, Pipe, Profile Manufacturing Machinery; Tube, Pipe, Profile Processing Technology; Steel Processing Technology; Auxiliary Tools & Equipment; Measuring, Control, and Testing; Materials and Consumables; Specialist Areas; Rebuilt and Reconditioned Machinery; Steel and other forming Metals; Plastics and Composites; Tube, Pipe, Profile Manufacturers and Traders; Fittings, Fasteners, Pump, and Valve, etc. will cover an area of over 1,50,000 square feet. TPF 2023 will be a one-stop showcase platform allowing the exhibitors to directly communicate with various industry players, from suppliers to customers, and reap the benefits of the convergence of established industrial giants, global companies, and start-ups. Exhibitors will have a chance to build brand awareness, advertise to a wide pool of industry players, and build a network of cordial relations, business deals, and joint ventures. Fair competition is the lifeline of any industry, and TPF gives all the participants an equal chance to harness growth opportunities with the only limit being their imagination. TPF 2023 will take a thematic approach to showcase all the products, technologies, successful R&D, and possible innovations impending in the industry's growth. The visitors can expect to find all the latest products and technologies, state-of-the-art machinery, equipment, applications, and developments in the global tubes and pipes industry. One will also find information about new applications related to the industry among user segments, and about developments and the best practices in analysis, design, and construction methodology pertaining to tube and metal fabrication. As one walks the aisles of TPF 2023, they will gain a deeper understanding of the global manufacturing industry and attain know-how of the innovations taking place. TPF 2023 will be organized by Tulip 3P Media Private Limited and backed by Tube & Pipe India (TPI). TPI is a bi-monthly magazine publication aimed at disseminating information about all that is happening in the dynamic and evolving tube and pipe industry. Tulip 3P Media Private Limited, established in 2006, is one of the leading media groups widely acknowledged for industry-oriented publications for different B2B verticals, aimed at furnishing the latest news, opinions, market outlooks, and trends. Apart from publishing leading journals like Paper Mart, Wire & Cable India, Mommy & Baby Times, and Tube & Pipe India, the group also serves various industries through exhibitions, conferences, market research, online portals, and seminars. Link to the event website: www.tubepipefair.com This story has been provided by PRNewswire. ANI will not be responsible in any way for the content of this article. (ANI/PRNewswire)

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Delhi ,India ,New Delhi ,Nirmala Sithraman ,Union Budget ,P Media Private ,Steel Processing Technology ,Profile Processing Technology ,Jal Jeevan Mission ,Oil Companies ,Pipe Fair ,Union Finance Minister ,Pradhan Mantri Awas Yojana ,State Owned Oil ,Water Supply ,Agricultural Irrigation ,Process Plants ,Mechanical Engineering ,Wire Fair ,Pragati Maidan ,Profile Manufacturing Machinery ,Auxiliary Tools ,Specialist Areas ,Reconditioned Machinery ,Profile Manufacturers ,Media Private Limited ,Pipe India ,Paper Mart ,Cable India ,Baby Times ,New Delhi India ,Pril 13 Ani Prnewswire Tube Amp Pipe Fair 39s First Edition ,O Be Held From 6th To 8th October 2023 ,Ill Assist The Global Tubes And Pipes Industry In Harnessing Benefits Froma Period Of Growth ,Development ,Achievements ,Nd Sky Rocketing Returns As Per Various Market Research Reports ,He Global Tubes And Pipes Industry Has Been Thriving Since 2017 Although Covid 19 Threwa Setback On The 39s Upward Growth In 2019 2020 ,He Recovery And Bounce Back Have Been Phenomenal The Best News For Industry Is That Irrespective Of Forming Material Tubes Amp Pipes ,He Products Have Managed To Finda Wide Market Demand And Presence For Instance ,Ven While Steel Pipes And Tubes Gain Appraisal Of The Global Industrial Market ,He Pvc Pipes And Tubes Industry Has Been Sized At Usd 76 5 Billion In 2021 ,Itha Recorded Average Cagr Of 10 Per Cent Over The Fy16 Fy21 Period Among All These Trends ,Ndia Is Appropriately Placed To Reap The Best Of Benefits As It Took World 39s Second Or Third Largest Market Position In Fy17 Fy22 Period Among Top Five Countries Whose Share Combines Be 49 Per Cent Global Industry These Facts However Now Belong Pages History ,Nd The Bright Future Of Tubes And Pipes Industrydemands Attention Nowa Yoy Cagr 5 4 Per Cent Is Predicted For Global Steel Industry Fy22 Fy32 Period ,Eanwhile ,Or The Plastic Tubes And Pipes Industry This Cagr Is Expected To Range Between 11 14 Per Cent Overall Market Size Of Usd 225 5 Billion Predicted For Steel In 2032 129 Pvc 2030 Indian Context ,Nveiled Her Fy23 24 Budget For India On February 1 ,023 ,Nd Many Of Her Announcements Conform To India 39s Potential Harness These Predictions Growth And Benefits Union Budget Fy23 24 Highlights Increase In Capital Expenditure By 33 Per Cent ,Uantitatively Inr 10 Lakh Crore Additional Funds Of 69 ,684 Cores Towards Jal Jeevan Mission For The Supply Of Piped Water To Every Indian Household Increasing Outlay Pradhan Mantri Awas Yojana By 66 Per Cent ,Uantitatively Inr 79 ,000 Crore Towards The Housing Sector 27 Per Cent Capital Expenditure Growth In Oil And Gas ,Uantitatively Over Inr 100 ,7000 Crores ,F Overall Expenditure As Announced By State Owned Oil Companies All These Announcements Mean An Increase In Demand For Tubes And Pipes ,N All Types Of Forming Materials ,Such As Steel ,Iron ,Plastic ,Inc ,Aluminum ,Tc ,Or Application In Varying Industries ,Ncluding Oil And Gas ,Etrochemicals ,Ower And Water Supply ,Construction ,Automotive And Transportation ,Sanitation ,Nd Mechanical Engineering Units Tube Amp Pipe Fair Tpf Is Going To Bea Highly Focused B2b Exhibition In New Delhi ,Longside An Established Exhibition Cable Amp Wire Fair 2023 ,Ith Over 300 Exhibitors Participating In The Fair Event Shall Be Organized Designated Halls At Pragati Maidan ,N The 6th ,Ith ,Nd 8th Of October 2023 Tube ,Pipe ,Rofile Manufacturing Machinery Tube ,Rofile Processing Technology Steel Auxiliary Tools Amp Equipment Measuring ,Control ,Nd Testing Materials And Consumables Specialist Areas Rebuilt Reconditioned Machinery Steel Other Forming Metals Plastics Composites Tube ,Rofile Manufacturers And Traders Fittings ,Fasteners ,Pump ,Nd Valve ,Tc Will Cover An Area Of Over 1 ,50 ,000 Square Feet Tpf 2023 Will Bea One Stop Showcase Platform Allowing The Exhibitors To Directly Communicate With Various Industry Players ,Rom Suppliers To Customers ,Nd Reap The Benefits Of Convergence Established Industrial Giants ,Global Companies ,Nd Start Ups Exhibitors Will Havea Chance To Build Brand Awareness ,Dvertise Toa Wide Pool Of Industry Players ,Nd Builda Network Of Cordial Relations ,Business Deals ,Nd Joint Ventures Fair Competition Is The Lifeline Of Any Industry ,Nd Tpf Gives All The Participants An Equal Chance To Harness Growth Opportunities With Only Limit Being Their Imagination 2023 Will Takea Thematic Approach Showcase Products ,Technologies ,Uccessfulr Amp D ,Nd Possible Innovations Impending In The Industry 39s Growth Visitors Can Expect To Find All Latest Products And Technologies ,State Of The Art Machinery ,Equipment ,Applications ,Nd Developments In The Global Tubes And Pipes Industry One Will Also Find Information About New Applications Related To Among User Segments ,Nd About Developments And The Best Practices In Analysis ,Design ,Nd Construction Methodology Pertaining To Tube And Metal Fabrication As One Walks The Aisles Of Tpf 2023 ,Hey Will Gaina Deeper Understanding Of The Global Manufacturing Industry And Attain Know How Innovations Taking Place Tpf 2023 Be Organized By Tulip 3p Media Private Limited Backed Tube Amp Pipe India Tpi Isa Bi Monthly Magazine Publication Aimed At Disseminating Information About All That Is Happening In Dynamic Evolving ,Stablished In 2006 ,S One Of The Leading Media Groups Widely Acknowledged For Industry Oriented Publications Different B2b Verticals ,Imed At Furnishing The Latest News ,Opinions ,Market Outlooks ,Nd Trends Apart From Publishing Leading Journals Like Paper Mart ,Ire Amp Cable India ,Ommy Amp Baby Times ,Nd Tube Amp Pipe India ,He Group Also Serves Various Industries Through Exhibitions ,Conferences ,Market Research ,Online Portals ,Nd Seminars Link To The Event Website Www Tubepipefair Com This Story Has Been Provided By Prnewswire Ani Will Not Be Responsible In Any Way For Content Of Article ,

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