| Product Code: ETC360688 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Indonesia electric resistance welding pipes & tubes market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -91.08%. However, the market showed a notable compound annual growth rate (CAGR) of 58.63% from 2020 to 2024. This sharp decline in import momentum in 2024 could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The Indonesia Electric Resistance Welding Pipes and Tubes market are experiencing consistent growth due to the need for efficient and reliable piping solutions across various industries. These pipes and tubes are widely used in sectors such as oil and gas, construction, and water supply. The government`s infrastructure development initiatives are also propelling the market forward. Market players are investing in technology upgrades to enhance product quality and cater to the evolving needs of customers.
The electric resistance welding pipes and tubes market benefits from the country`s ongoing infrastructure development projects, particularly in the water supply, construction, and energy sectors. These pipes and tubes are widely used in the transportation of liquids and gases, making them essential for the growth of various industries. Increasing industrialization and urbanization are also driving up demand.
The electric resistance welding pipes and tubes market in Indonesia faces challenges related to the oil and gas industry`s fluctuations. This market is closely tied to the energy sector, and changes in oil prices and exploration activities can impact demand. Ensuring the durability and quality of welded pipes and tubes is essential, especially in applications with high-pressure and corrosive environments. Competition from imported products can also pose challenges for domestic manufacturers.
The market for electric resistance welding pipes and tubes faced challenges due to reduced infrastructure projects and disruptions in the supply chain. As the government initiated infrastructure development projects, there is potential for a rebound in demand.
The electric resistance welding pipes and tubes market is crucial for various industries, with key players including PT. Bakrie Pipe Industries, PT. Steel Pipe Industry of Indonesia Tbk, and PT. Tatalogam Lestari.