Henry Jones20 Dec, 2021Technology
The global pipe and pipe fitting market is expected to reach USD 35 billion by 2025 with a CAGR of 5% from 2020 to 2025. The demand for pipe fitting is majorly driven by rapid urbanization, government investments towards infrastructural growth including the installation of pipes for efficient water distribution systems. There is a rising demand for high-performance corrosion-resistant steel and plastic pipes from the oil and gas industries.
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