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2026-06-09 16:51:11

Increasing Demand from Oil & Gas Sector Boosts Pipe Threading Machine Market

The global pipe threading machine industry was valued at US$ 25.9 billion in 2022. The market is anticipated to expand at a CAGR of 4.4% from 2023 to 2031 and is expected to reach US$ 45.1 billion by 2031. Rising construction projects, expanding oil & gas pipeline infrastructure, and growing industrial manufacturing activities are driving market growth globally. Pipe threading machines are...

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