According to a new market report published by Lucintel, future of the large diameter pipe market looks good with opportunities in the potable water pipe, wastewater pipe, oil and gas pipe, and industrial pipe application. The global large diameter pipe market is forecast to grow at a CAGR of 2.9% from 2016 to 2021. The major growth drivers for this market are increasing investment in water and wastewater management, rise in infrastructure spending, replacement of aging pipelines.
Browse 83 market data tables and 153 figures spread through 280 pages and in-depth TOC on “Global Large Diameter Pipe Market"
http://www.lucintel.com/large_diameter_pipe_market_2016_2021.aspx
In this market, metal, plastic, and concrete are the major raw materials used to manufacture large diameter pipes. Lucintel predicts that the demand for plastic pipe is likely to experience the highest growth in the forecast period, supported by growing demand in the wastewater and industrial applications. On the basis of its comprehensive research, Lucintel forecasts that the wastewater and potable water pipes are expected to show above average growth during the forecast period.
Within the large diameter pipe market, wastewater pipe is expected to remain the largest application. The growth of residential and commercial construction and the boom in infrastructure development in developing economies are expected to spur growth for this segment over the forecast period.
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Asia Pacific is expected to remain the largest market as well as have the highest growth over the forecast period due to high growth in construction and infrastructure development, especially in China and India.
For market expansion, the report suggests capacity expansion and new product development to reduce time and cost of installation of pipes.
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Emerging trends, which have a direct impact on the dynamics of the industry, are the increasing demand of FRP pipe, multilayer materials and technically advanced pipes to reduce operational time and minimizes the risk of pressure resistance, scaling and other deposits caused by substance transmission. Tenaris SA, Chelpipe Group, OAO TMK, Vallourec SA, and Welspun Corp. Ltd. are among the major manufacturers of large diameter pipe. Some companies are opting for M&A as a strategic initiative.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in global large diameter pipe market by end-use application, material, and region and has come up with a comprehensive research report, “Opportunities in Global Large Diameter Pipe Market 2016-2021: Trends, Forecast and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.
The study includes a forecast for the global large diameter pipe market by end-use application, material, and region as follows:
Large diameter pipe market by end use application (Value $ billion from 2010 to 2021)
Potable Water Pipe
Wastewater Pipe
Oil and Gas Pipe
Industrial Pipe
Others
Large diameter pipe market by material (Volume (million tons) and Value $ billion from 2010 to 2021)
Metal Pipe
Plastic Pipe
Concrete Pipe
Others
Large diameter pipe market by region (Volume (million tons) and Value $ billion from 2010 to 2021)
North America
Europe
Asia Pacific
Rest of the World
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This 280-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/large_diameter_pipe_market_2016_2021.aspx or helpdesk@lucintel.com..
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