Page 16 - ITAtube Journal 1 2026

Market information
Figure 13: The Global Demand for Line pipe Market
2019-2027 (million tons)
Source: Rystad Energy
Figure 14: Global Production of Automotive Light
Vehicles 2018-2032 (million untis)
Source: HIS, Buechner (March 20256)
tubular products made from corrosion-re-
sistant alloys (CRAs) and clad materials,
which offer manufacturers opportunities
for differentiation.
Substantial investments in oil and gas
transport networks are required due to
geopolitical and economic developments.
The ban on Russian natural gas in Europe,
the cost disadvantage of LNG, and the
shale gas boom in the US have resulted in
a large number of pipeline projects and
16 ITAtube Journal April 2026