Industry Overview - The global oil and gas pipeline market is experiencing structural growth driven by the expansion of natural gas demand, particularly in the Asia-Pacific and emerging markets, energy construction projects driven by geopolitical conflicts, and the need for the renovation of aging pipelines in Europe and the U.S. [2] Company Strategy - The company, 博盈特焊, plans to adapt its production locations to be closer to market demand due to the impacts of de-globalization, employing an international production management model and establishing solid business relationships close to clients [2] Market Demand - There is an increasing demand for composite pipelines due to the challenges in oil and gas extraction, such as the decreasing availability of easily extractable resources, high concentrations of hydrogen sulfide in oil and gas, and the need for maintenance and replacement of aging pipelines [2]
博盈特焊：公司生产区域将布局到更贴近市场需求的地方