"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Piping and Fittings Market Size, Share & Industry Analysis, By Type (Steel Pipe, Aluminium Pipe, Copper Pipe, Plastic/ Polyvinyl Chloride (PVC) Pipe, Glass Pipe), By Application (Residential, Commercial, Industrial) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104730 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Piping is a common term related to the conveyance of gaseous and fluidic substances used in residential, commercial, and industrial applications. The fittings are the tangential of pipes that help in the measurement and regulation of fluidic flow. Piping is an important instrument that helps in carrying out fluid and gases with high parameter constraints such as high temperature, high pressure, and heavy flow. Major applications that demand pipings and fittings are irrigation, water supply, sewage management, etc. with rising demand for PVC pipes over the forecast period. Chemicals, oil and gas, and pharmaceutical industries highly depend upon the ideal piping and fittings system, as their inappropriate fixing may cause deadly hazards and heavy business losses.


With an upward growth trend, the population throughout the world is increasing with rising demand for urbanization and construction projects. The market for construction materials is in high demand for prerequisite residential, commercial, and industrial applications. Appropriate designing of drainage systems is the primary need for urbanization, thus uplifting the global piping and fittings market. Rainwater harvesting has become one of the important environment-saving aspects, that has helped fuel the piping and fittings market globally. Moreover, the refurbishment of existing buildings and the construction of new structures require efficient piping and fitting systems for integration. However, pipes made up of several metal materials including steel, aluminum, etc. boast disadvantages such as heavy, corrosive, and high purchasing and maintenance costs of metal pipes, hampering the market growth. The metal pipes are likely to get replaced with PVC pipes wherein the improper disposal of PVC pipes emits greenhouse gases polluting the environment, hence limiting the substitute options for the customers.

Key Market Driver -

• Rising urbanization led to increase in designing proper drainage systems • Emergence of rain water harvesting system • Growth in refurbishment and new infrastructural construction projects

Key Market Restraint -

• Corrosive, heavy and less cost effective metal pipes • Improper disposal of PVC pipes


Key Players Covered:


Manufacturers are focusing on enhancing their manufacturing processes, and filtering the piping prices to cater to the rising demand for piping and fittings in several residential, construction, oil and gas, and many other sectors. With the necessity for upholding their market position, major market players are offering additional post-purchase maintenance facilities and services, with rising investments in research and development.

Some of the key competitors in the piping and fittings market include Saint-Gobain, LIXIL Group Corporation, Jaquar Corporation, Kohler Company, Hindustan Sanitaryware and Industries Ltd (Hindware), Aliaxis Group, Alumasc Building Products, Aluminum Roofline Products (ARP), Amazon Civils, Anglian Home Improvements, Ash & Lacy Building Systems, Marley Plumbing & Drainage, McAlpine and Co, Pegler Yorkshire Group, PF Copeland Rainwater Systems and others.

Regional Analysis


Asia Pacific is anticipated to witness the highest market growth in the coming years owing to the deployment of several infrastructural projects and the need for rainwater harvesting to cater to the need for water in rural areas for longer duration. The South Asian Network for Development and Environmental Economics (SANDEE) is a regional network that brings together analysts from different countries in South Asia to address environmental problems. As per the SANDEE’s study, in Nepal, the adoption of rain water harvesting increments to annual benefits of USD 700 per year, and expected to grow at value of USD 1.3 million per year, therefore fueling the demand for piping and fittings across the region.

North America and Europe piping and fittings market are propelling with rising investments in appropriate wastewater treatment plants. As per the United States Environmental Protection Agency (EPA), the U.S. government is expected to invest USD 271 billion for wastewater treatment infrastructure over the next 25 years. Similarly, the European Investment Bank (EIB) stated that in 2019, the European government invested nearly EUR 2.4 billion out of which, 11.5 million was invested in improving sanitation respectively. These factors surge the demand of piping and fittings market across North America and Europe.

Middle East and Africa (MEA) is driving the market with its huge construction and oil and gas sector investments around the world. Moreover, Saudi Vision 2030 program is becoming the key growth factor for the GCC construction sector development and the major countries of the MEA are developing, as it is the key production region for oil and gas with highest trding of the same across the world.Latin America observed to benefit their trading and country wise GDP by investing in construction and refurbishment projects, rising the demand of piping and fittings market.

To gain extensive insights into the market, Request for Customization


Segmentation






















 ATTRIBUTE

  DETAILS

By Type



  • Steel Pipe

  • Aluminium Pipe

  • Copper Pipe

  • Plastic/ Polyvinyl Chloride (PVC) Pipe

  • Glass Pipe



By Application



  • Residential

  • Commercial

  • Industrial



By Region



  • North America (U.S. and Canada)

  • Europe (UK, Spain, France, Italy, DACH, Benelux, Nordics, CIS and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)

  • Middle East & Africa (Turkey, South Africa, GCC, North Africa and Rest of the Middle East & Africa)

  • Latin America (South America, Central America, Caribbean and Rest of Latin America)



Key Industry Developments



  • March 2019: LIXIL Group Corporation announced its water and housing GROHE kitchen and bathroom products at ISH 2019,  fair for water and energy-building products

  • December 2018: Saint-Gobain PAM supplied around 38 kilometers of classic standard ductile iron pipes for the water supply system implementation in the city of Dakar for the project named KMS3 Lot 2 project





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients

Mckinsey
UBS
Iwatani
Kpmg
Citibank

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X