Global Water and Wastewater Pipes Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Water and Wastewater Pipes Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global water and wastewater pipes market report has been segmented on the basis of material, application, end user, and region.
Global Water and Wastewater Pipes Market: Overview
Water and wastewater pipes are used to carry the sewage or wastewater fluid that are generated by commercial, industrial and residential buildings. These pipes are produced by using various types of material such as steel, concrete, ductile iron, plastic, clay, etc.
Global Water and Wastewater Pipes Market: Dynamics
Increasing commercial, as well as residential construction activities across the globe, is a major factor projected to drive growth of the global market. Water and wastewater pipes play an important role in effective drainage or sewage system and water distribution. Hence, growing demand for better water distribution and sewage system is a factor expected to support revenue growth of the target market. These pipes are available in different materials including plastics, steel, clay, concrete, etc., among them, plastic pipes are highly adopted because of their durability, cost-effectiveness and light-weight nature. Aforementioned factors are projected to propel the global market growth in the next ten years. Growing demand for these pipes among the agricultural industry for irrigation application is another factor expected to support the target market growth.
Key trends observed in the global market are growing demand for FRP pipes (Fiberglass Reinforced Thermosetting Plastic) and utilization of multi-layered materials pipes for high intensity.
However, fluctuation in the cost of raw material is one of the key factor expected to hamper growth of the global market over the forecast period.
Global Water and Wastewater Pipes Market: Segmental Analysis
Among the material segments, the plastic pipes segment is projected to contribute significant revenue shares of the global market. This is attributed to various benefits of plastic such as lower in cost, durability, strong corrosion resistance, etc.
Among the application segments, the wastewater management segment is anticipated to register significant growth over the forecast period, owing to growing older drainage system replacement activities.
Among the end use segments, the municipal segment is expected to register substantial growth. This is attributed to growing infrastructure development activities and replacing pipeline system.
Global Water and Wastewater Pipes Market: Regional Analysis
Water and wastewater pipes market in Asia Pacific is projected to register significant growth, owing to rapidly increasing industrialization. In addition, growing residential, commercial and industrial construction projects is a factor projected to support the revenue growth of the target market in this region. North America is projected to account significant shares of the water and wastewater pipes market over the forecast period. This can be attributed to growing infrastructure development activities. Moreover, increasing demand for these pipes in order to replace the older pipeline or drainage system is a factor projected to propel the target market growth in this region. Markets in Europe, Latin America, and Middle East & Africa are expected to register substantial growth during the forecast period.
Global Water and Wastewater Pipes Market Segmentation:
Segmentation by Material:
- Plastic Pipes
- Ductile Iron
Segmentation by Application:
- Water Supply & Distribution
- Wastewater Management
Segmentation by End Use:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Aliaxis Group S.A.
- JM Eagle, Inc.
- Tenaris S.A.
- GF Piping Systems.
- ThyssenKrupp AG
- Atkore International Group Inc.
- ISCO Industries
- Advanced Drainage System
- ArcelorMittal S.A.
- Tata Steel Limited
- Nippon Steel & Sumitomo Metal Corporation
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