Latest Breaking News On - F overall expenditure as announced by state owned oil companies all these announcements mean an increase in demand for tubes and pipes - Page 1 : comparemela.com
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