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Municipal End Use Sector to Dominate the Global Water and
Wastewater Pipes Market
An opportunity analysis of the global water and wastewater pipes market reveals
several interesting insights. Firstly, increasing infrastructure development in North
America has led to potential growth opportunities in the pressure and drainage pipes
market owing to aging infrastructure and increasing replacement of existing pipes.
Further, rising demand for water management and water withdrawals for surface and
ground water may also impact the growth of the pressure and drainage pipes market.
Also, laying of new pipelines along the North America border crossing points of
electricity and oil and natural gas pipelines will further fuel the growth of the
pressure and drainage pipes market in the region. Insights like these along with other
useful information on the global water and wastewater pipes market can be found in a
newly published report by Persistence Market Research titled “Water and Wastewater
Pipes Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025).”
According to Persistence Market Research analysis, the global water and wastewater
pipes market is estimated to be valued at US$ 24,381.2 Mn in 2017 and this is
anticipated to increase to US$ 39,997.2 Mn by the end of the forecast period in 2025.
This reflects a CAGR of 6.4% during the forecast period 2017 to 2025.
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The global water and wastewater pipes market is segmented on the basis of material
type into Concrete, Steel, Ductile Iron, Clay, and Plastic (PVC, cPVC, HDPE, PP,
Others (LDPE, ABS, Fiberglass)). Plastic will remain the dominant segment in this
category throughout the forecast period. In terms of volume, the Plastic segment is
estimated to be pegged at 14,411 KT in 2017 and this is anticipated to increase to
22,748 KT by the end of 2025, witnessing a CAGR of 5.9% during the assessment
period.
The global water and wastewater pipes market is segmented on the basis of end use
into Municipal, Industrial, and Agricultural. Municipal sector is projected to dominate
the global market with a value share of more than 40% throughout the forecast
period. Demand for water and wastewater pipes from the Municipal sector is likely to
gain traction in the next five years, leading to continual growth till the end of 2025
with a growth rate of 6.3%. The Municipal and Industrial sectors are expected to
create incremental $ opportunity worth around US$ 1 Bn by 2025.
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The global water and wastewater pipes market is segmented on the basis of
application into Water Supply & Distribution and Wastewater Management. The
Wastewater Management segment is projected to gain significant market share and
will remain a high growth segment during the forecast period, registering a CAGR of
6.7% in terms of value. The Water Supply & Distribution segment is projected to
create total incremental opportunity of US$ 7,112.2 Mn between 2017 and 2025;
while the Wastewater Management segment will create incremental opportunity of
US$ 7,432.0 Mn between 2017 and 2025.
The global water and wastewater pipes market is segmented on the basis of pipe size
into Below 12 inch, 12-24 inch, 24-48 inch, and Above 48 inch. The 12-24 inch
segment is the largest segment with a market share of more than 30% throughout the
forecast period. This segment will grow at a robust rate over the assessment period
with an estimated CAGR of 6.4% in terms of value. The 12-24 inch segment is
projected to create incremental opportunity worth US$ 4,692.8 Mn between 2017 and
2025.
Persistence Market Research tracks the performance of the global water and
wastewater pipes market across the key regions of North America, Latin America,
Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific is the largest
regional market for water and wastewater pipes, with a projected market share just
under 48% by the end of 2025. North America is the second largest market with an
estimated market share of nearly 24% by the end of the forecast period in 2025. Asia
Pacific and North America are estimated to grow at higher rates as compared to other
regions and the annual growth rates for these two regions are expected to be in the
range of 6% - 7%.
The report profiles some of the key players operating in the global water and
wastewater pipes market such as Aliaxis Group S.A., JM Eagle, Inc., Tenaris S.A.,
Vallourec S.A., Welspun Group, Georg Fischer Ltd., GERDAU S.A., ThyssenKrupp
AG, Atkore International Group Inc., ISCO Industries, Advanced Drainage System,
ArcelorMittal S.A., Tata Steel Limited, Nippon Steel & Sumitomo Metal
Corporation, Can Clay Corporation, Mexichem SAB de CV, Sekisui Chemical Co.,
Ltd., Nan Ya Plastics Corp., Formosa Plastics Corporation, China Lesso Group
Holdings Ltd., Wienerberger AG.
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