By the most conservative estimates of global Plumbing Pipes & Pipe Fittings market size (most likely outcome) will be a year-over-year revenue growth rate of 2021, from US$ 12010 million in 2020. Over the next five years the Plumbing Pipes & Pipe Fittings market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 13850 million by 2027.
Plumbing Pipes & Pipe Fittings Market Overview
Based on the Plumbing Pipes & Pipe Fittings market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Materials & Chemicals. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Plumbing Pipes & Pipe Fittings during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
The report also assesses the key opportunities in the Plumbing Pipes & Pipe Fittings market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Plumbing Pipes & Pipe Fittings Market has also been forecasted for the period 2020-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.Plumbing Pipes & Pipe Fittings Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Plumbing Pipes & Pipe Fittings Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Who are the Major Players in Plumbing Pipes & Pipe Fittings Market?
Top Key players in the Plumbing Pipes & Pipe Fittings Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes JM Eagle, Wavin, Pipelife, China Lesso, IPEX, Performance Pipe, GPS PE Pipe Systems, WL Plastics, Georg Fischer Harvel, Astral Poly Technik, Advanced Drainage Systems, Sekisui Chemical, System Group, Polygon, Rifeng, Weixing New Material, Kubota ChemiX, D and others.
Recent Developement
December 15: Performance Pipe, a division of Chevron Phillips Chemical Company LP, has launched a new product innovation in polyethylene (PE) pipe and fittings, designed to extend PE pipe capabilities in high temperature applications.
May 3rd, 2022: Pipelife Poland recently launched a new stormwater retention crate generation named Stormbox E. Made fully from recycled material, this solution is designed to promote circularity and minimize waste without compromising the high reliability that Pipelife’s Stormbox systems are known for
What are the major Applications, Types and Regions for Plumbing Pipes & Pipe Fittings Market?
Plumbing Pipes & Pipe Fittings Market is segmented based on the type, applications, companies and regions.
By Type, Plumbing Pipes & Pipe Fittings Market has been segmented into
- Residential
- Commercial & Industrial
The end user’s industry application on Plumbing Pipes & Pipe Fittings Market is,
- PVC Pipe & Fittings
- PE Pipe & Fittings
- PP Pipe & Fittings
- Other
Regional Analysis
Asia-Pacific region held important market share of 40.5% in 2020. China is the largest segment for APAC pipe manufacture market. Heavy investment in the upstream, midstream and downriver oil & gas industry is the driving force for an increase in demand for pipes and fittings market. Increasing asset in power generation business which relies on renewable energy sources is the most growing industry for the pipes and fixtures market.
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Plumbing Pipes & Pipe Fittings Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2028 CAGR
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CAGR of 3.6% during the review period (2022 to 2027).
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By Type
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- Residential
- Commercial & Industrial
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By Application
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- PVC Pipe & Fittings
- PE Pipe & Fittings
- PP Pipe & Fittings
- Other
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By Companies
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M Eagle, Wavin, Pipelife, China Lesso, IPEX, Performance Pipe, GPS PE Pipe Systems, WL Plastics, Georg Fischer Harvel, Astral Poly Technik, Advanced Drainage Systems, Sekisui Chemical, System Group, Polygon, Rifeng, Weixing New Material, Kubota ChemiX, D and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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137
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Plumbing Pipes & Pipe Fittings Report
- Evaluate Plumbing Pipes & Pipe Fittings market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Plumbing Pipes & Pipe Fittings market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Question -
What is the estimated value of the Plumbing Pipes & Pipe Fittings Market?
The Global Plumbing Pipes & Pipe Fittings Market was estimated to be valued at $266.3 Billion in 2020.
What is the growth rate of the Global Plumbing Pipes & Pipe Fittings Market?
The growth rate of the Global Plumbing Pipes & Pipe Fittings Market is 3.6%, with an estimated value of $337.3 Billion by 2027.
What is the forecasted size of the Global Plumbing Pipes & Pipe Fittings Market?
The Global Plumbing Pipes & Pipe Fittings Market is estimated to be worth $337.3 Billion by 2027.
Who are the key companies in the Global Plumbing Pipes & Pipe Fittings Market?
Key companies in the Plumbing Pipes & Pipe Fittings Market include Advanced Drainage Systems Inc., Aliaxis Group SA/NV, Amanco, AMERICAN Cast Iron Pipe Company, Arcelor Mittal, Chevron Phillips Chemical Company LLC, China Lesso Group Holdings Ltd., Eaton Hydraulics Group and EVRAZ North America.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
