According to a new market report published by Lucintel, the future of the
water and wastewater pipe market looks good with opportunities in the potable water pipe, wastewater pipe, and irrigation pipe applications. The global water and wastewater pipe market is forecast to grow at a CAGR of 5% from 2016 to 2021. The major growth drivers for this market are increasing investment in water and wastewater management and replacement of aging pipelines.
In this market, metal, plastic, and concrete are the major raw materials used to manufacture
water and wastewater pipes. Lucintel predicts that the demand for plastic pipes is likely to experience the highest growth in the forecast period, supported by growing demand for lightweight material in the wastewater pipe application. 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 water and wastewater pipe market, wastewater pipe is expected to remain the largest application. The growth of residential and commercial construction and growth in infrastructure development are expected to spur growth for this segment over the forecast period.
By diameter, the small diameter pipe segment is expected to remain the largest market as well as have the highest growth over the forecast period due the growing demand for small diameter plastic pipe.
Asia Pacific is expected to remain the largest market over the forecast period due to high growth in construction and infrastructure development, especially in China and India. Asia Pacific and the North America are expected to witness good growth over the forecast period because of growing infrastructural development activities and replacement of aging pipelines.
For business expansion, the report suggests new product development to reduce time and cost of installation of pipes. Emerging trends, which have a direct impact on the dynamics of the industry, include the increasing demand of FRP pipes and usage of multilayer materials pipes for high strength. China Lesso Group Holdings Limited, Mexichem SAB de CV, Compagnie de Saint-Gobain SA, Sekisui Chemical Co Ltd., and Tenaris SA are among the major manufacturers of water and wastewater pipe. Some companies are opting for M&A as a strategic initiative for driving growth.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in global water and wastewater pipe market by end-use application, material type, region, and diameter has come up with a comprehensive research report, “
Growth Opportunities in Global Water and Wastewater 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 growth opportunities in global water and wastewater pipe market by end-use application, material type, region, and diameter as follows:
By end use application (Volume (million tons) and Value $ billion from 2010 to 2021)
By material type (Volume (million tons) and Value $ billion from 2010 to 2021)
Metal Pipe
Plastic Pipe
Concrete Pipe
Others
By region (Volume (million tons) and Value $ billion from 2010 to 2021)
North America
Europe
Asia Pacific
Rest of the World
By diameter (Value $ billion from 2010 to 2021)
Large Diameter Pipe
Small Diameter Pipe
This 327-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/global_water_and_wastewater_pipe_market_2016_2021.aspx or helpdesk@lucintel.com.
About Lucintel Lucintel, the premier global
Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis,
Growth Consulting, M&A, and
Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions: Q. 1. What are some of the most promising, high-growth opportunities for water and wastewater pipe market by materials, applications, diameter, and regions?
Q. 2. Which product /segments will grow at a faster pace and why?
Q. 3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats of this market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are some changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in this market?
Q.11. What are M&A activities in the last 5 years in this market? What reasons to these activities and how have they impacted the industry?