DUBLIN–()–The “Continuous Welded Pipes and Tubes – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

The global market for Continuous Welded Pipes and Tubes estimated at 18.3 Million Tons in the year 2020, is projected to reach a revised size of 23.5 Million Tons by 2026, growing at a CAGR of 4.2% over the analysis period.

Continuous welded pipe is a pipe with a single longitudinal seam that is formed through continuous welding process. These pipes are also referred to as Electric Fusion Welding (EFW) pipes.

Growth in the global market would be mainly driven by improvement in residential construction and infrastructure spending on projects such as airport, metros, and greenhouse structures among others. The industry also stands to benefit from the requirement to replace antiquated pipelines, especially in developed economies of the US and Europe.

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