The forecast of sold production of welded steel tubes and pipes with an external diameter greater than 406.4 mm in Italy is expected to grow consistently from 2024 to 2028. Starting from 180.82 million euros in 2024, it is projected to reach 283.89 million euros by 2028. The industry sees a steady year-on-year increase with percentages reflecting a positive trend. Notably, the compound annual growth rate (CAGR) for this period underscores a robust sector.

Future trends to watch for:

Advancements in welding technology and materials science could further enhance production efficiency and quality.
Demand for large diameter pipes from the oil and gas sector driven by infrastructure projects.
Sustainability efforts and regulations influencing materials and production processes.