Pipe Market Projected to Show Strong Growth by 2026

Pipe Market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the rising levels of construction activities caused due to an increase in urbanization and industrialization globally.

Key Market Competitors: Global Pipe Market

Few of the major competitors currently working in pipe market are ALFATUBO; Benteler International; Aliaxis; Saint-Gobain; Wienerberger AG; Buhlmann Rohr-Fittings-Stahlhandel GmbH + Co. KG; GPS PE Pipe Systems; Europipe; AMANCO; Molecor; ARP; DHM Plastics Ltd t/a Marley Plumbing and Drainage; McAlpine & Co Ltd; Advanced Drainage Systems, Inc.; Tenaris; ASTRAL POLYTECHNIK LIMITED; JFE Holdings, Inc.; Solvay; Finolex Industries Ltd.; Mexichem S.A.B. de C.V.; Unicorn Group; supreme.co.in; Formosa Plastics Group; CHINA LESSO; SEKSUI CHEMICAL CO., LTD.; Pegler; NIPPON STEEL CORPORATION; Mueller Industries; ArcelorMittal; Saudi Arabian Amiantit Co.; VALLOUREC and OAO TMK.

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Pipe can be defined as a hollow tube-shaped structure which is used for transferring and movement of flowing substances, these structures are installed in various industrial structures and commercial applications. Depending on the usage these pipes are manufactured with different raw materials and in different manufacturing methods.

Competitive Analysis: Global Pipe Market

Global pipe market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pipe market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Segmentation: Global Pipe Market

• By Material (Metals, Steel, Aluminum, Plastics, Concrete, Others)
• By Diameter Size (Small, Medium, Large)
• By End-Users (Oil & Gas, Pharmaceutical, Chemicals & Petrochemicals, Water & Wastewater, Residential, Commercial, HVAC, Automotive, Food Processing, Others)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

• High levels of renovation and replacements of pipes being carried out in various factories and industries; this factor is expected to drive the growth of the market
• Rising demand for innovative flexible pipes from the end-users is expected to drive the growth of the market
• Increasing policies implemented by the authorities for supporting the development of infrastructures is expected to positively affect the growth of the market

Market Restraints:

• Complications associated with the disposal of plastic pipes amid concerns for the environment is expected to restrain the market growth
• Vulnerable nature of prices of raw materials utilized in the production of these pipes is expected to restrain the growth of the market

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.