'JTL Industries has released a presentation that discusses the market of steel pipes in India.
India’s steel pipes market continues to outpace broader steel demand, supported by sustained infrastructure investment, growth in oil & gas projects and rising exports. The market is projected to grow at a CAGR of 8.29% during 2024–2033, reaching 27.76 million tons by 2033.
Globally, infrastructure accounts for over 50% of ERW tube consumption, with urbanization in emerging economies driving a 35% increase in ERW demand across high-rise buildings and transport networks. In India, government-led initiatives have led to a 40% rise in ERW tube usage for construction and a 30% increase in pipeline installations, positioning ERW pipes to outperform traditional long products in the coming years.
The demand for structural steel tubes is driven by a substantial government commitment to bolster infrastructure in sectors such as construction, oil & gas, water supply and agriculture...
Pleaselogin & subscribe to view the full report.
More Reports
-
(07-Aug-2025)
Indian Jewellery Industry Set to Hit 145 bn USD by FY28, Powered by Youth Demand & Organised Retail Growth
With rising disposable incomes and a strong cultural affinity for gold, India’s jewellery sector is witnessing a shift towards lightweight, daily wear designs, brand trust and organized retail, projected to grow at a 20% CAGR till FY 2028.
-
(06-Aug-2025)
India's Capital Markets Surge Ahead with Strong Domestic Flows, Growing Institutional Participation & Rising Fund-Raising Activity
Driven by robust IPO/QIP issuances, exponential trading growth, and expanding AUM across mutual funds, PMS, and AIFs, India’s capital markets reflect strength, resilience and increasing leadership from domestic institutional investors.
-
(05-Aug-2025)
India’s Packaged Beverages and FMCG Market Sees Innovation-Led Growth Amid Shifting Consumer Preferences
Driven by health-conscious choices, regional customization, and digital engagement, the packaged beverages and FMCG industry in India continues to expand with diversified offerings and strong brand-driven momentum.
-
(05-Aug-2025)
India’s Residential Real Estate Market Sustains Strong Growth Amid Urbanization and Evolving Lifestyle Needs
Fueled by festive demand, sustainability trends, and rising urbanization, India's residential real estate sector shows resilience and steady absorption across Tier I cities.
|
|