India's Pipe Fabrication Market: Growth Trends and Future Outlook
The India pipe fabrication market size is anticipated to reach USD 935.1 million by 2030, expanding at a CAGR of 7.7% during the forecast period, according to a new report by Grand View Research, Inc. Pipe fabrication market includes the processes that are used for the piping systems creation and assembly such as cutting, bending, welding, and beveling. Piping components such as pipes, tees, flanges, elbows, and reducers are connected by the welding process in exact accordance with the design. Piping and pipe fabrication are significant for the continuous water supply for residential and commercial buildings. The commercial sector includes restaurants, cafes, hotels, educational institutes, fitness centers and gyms, recreational activities centers, and swimming pools. The growth of the residential and commercial sectors is expected to positively impact the demand for pipe fabrication in India over the forecast period. Non-residential sector is also booming...