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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.
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).”
While water and wastewater pipes can be manufactured using different types of
material such as concrete, steel, ductile iron, and clay, plastic seems to be the most
preferred material type widely used by manufacturers in the global water and
wastewater pipes market. This probably explains why the Plastic segment is predicted
to be the largest and most dominant segment in the global water and wastewater pipes
market throughout the forecast period. In terms of both value and volume, plastic
pipes are expected to hold a majority share in the global market. The main reason for
an increase in market demand for plastic pipes is owing to the fact that plastic pipes
are lightweight and are also not subject to corrosion on coming in contact with water.
Global Water and Wastewater Pipes Market: Regional Analysis
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%.
Global Water and Wastewater Pipes Market: Vendor Insights
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.
Report Overview with TOC @ https://www.persistencemarketresearch.com/marketresearch/water-wastewater-pipe-market/toc
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