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The global welded steel pipe market is developing at a top speed

Jan 13, 2025

According to the google welded steel pipe market research data,The global welded steel pipe market will exceed 7.042 billion USD in 2024, and it is expected to grow at a compound annual growth rate of 3.5% from 2024 to 2029.

Welded steel pipe refers to a steel pipe that is bent and deformed into round, section, or other shapes using steel strips or plates, and then welded together with joints on the surface. It is generally fixed to a length of 6 meters to 12 meters.

Thanks to the active development of downstream industries such as petrochemicals and construction, the welded steel pipe market has great potential for growth all over the world. In the petrochemical industry, welded steel pipes have advantages such as corrosion resistance, high pressure resistance, and high temperature resistance, making them suitable for transporting oil, natural gas, and other chemicals.

In addition, welded steel pipes have high strength and are an important building structural material, playing a significant role in the construction market. For example,in Southeast Asia and South Asia, construction is underway, and the government is continuously improving infrastructure such as high-speed rail, ports, and energy. Against this backdrop, the construction market is maintaining a sustained growth trend, which is expected to drive an increase in demand for welded steel pipes.

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Compared to seamless steel pipes, welded steel pipes have high production efficiency and low cost, and have been widely used in various application fields, including petrochemicals, urban water supply, electricity, construction, agricultural irrigation, machinery manufacturing, etc. Overall, with the government's efforts to promote the independent development of the petrochemical industry and the steady progress of infrastructure construction to drive the expansion of the construction market, the consumption space of the welded steel pipe market is relatively broad.

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