Asia Pacific to Spearhead Global Water and Wastewater Pipe Market | Share, Growth, Trends, Demand, Industry Analysis, Key Player profile and Regional Outlook by 2023
Research Reports
Jan 05, 2021
Global Water and Wastewater Pipe Market Overview
Water pipes are specifically designed for the transport of treated water to different locations for different purposes. On the other hand, a wastewater pipe is developed to transport wastewater and sewage for the treatment or proper disposal of the same. The water and wastewater pipe market is expected to showcase substantial growth during the forecast period, as per the latest analysis published by MRFR. As per the report, the global water and wastewater pipe market is expected to reach a market valuation of USD 87,394.0 million, showcasing a 6.53% CAGR at the end of the forecast period.
Various factors are influencing a positive impact on the global water and wastewater pipe market. A wide range of application of such pipes in different end-user industries has pushed the global water and wastewater pipe market growth during the forecast period. An ascension noted in several end-user industries has led to a higher demand for such pipes, fueling growth of the market. Refurbishing and renovation activities undertaken, along with increased investments in the construction and infrastructure industries are other factors leading the global water and wastewater pipe market to exponential growth during the assessment period.
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Market Segmentation
The global water and wastewater pipe market has been studied for different segments to get a detailed and accurate analysis of the same. Such segmentation has been conducted on the basis of material type, application, and region. Based on material type, the global water and wastewater pipe market is segmented into plastic pipe, metal pipe, concrete pipe, and clay pipe. Among these, the plastic pipe segment is likely to spearhead the global water and wastewater pipe market. This is attributed to the high flexibility, durability, versatility, and lightweight nature of the same.
Based on application, the global water and wastewater pipe market is segmented into industrial, municipal, and agricultural. The municipal segment is likely to fetch the largest share of the global water and wastewater pipe market. This can be attributed to the upscaling in public water and sewer expenditure and a significant ascension in the demand for water and wastewater pipes. Further, governments across the world are expected to focus on investing highly in the augmentation of existing pipelines.
Detailed Regional Analysis
The water and wastewater pipe market is geographically segmented into North America, South America, Asia Pacific, Europe, and the Middle East & Africa. Asia Pacific is anticipated to spearhead the global water and wastewater pipe market during the forecast period. A growth noted in the infrastructure and construction industries, along with the improvement in financial conditions of Asia Pacific has led to the upscaling of the construction industry residing in the region. Such growth is likely to cause a chain reaction and lead to the ascension of the regional water and wastewater pipe market over the assessment period.
Furthermore, a rapid growth in the industrialization and urbanization in developing countries such as China, Japan, and India is likely to fuel sizeable growth of the regional water and wastewater pipe market. The National Bureau of Statistics has suggested that China is likely to witness an average CAGR of 16.6%. The country is likely to showcase a rise in the industrialization and population. This, in turn, is expected to showcase significant growth in the construction industry prevalent in the region, driving the country-specific water and wastewater pipe market.
Key Players
Some of the distinguished players in the global water and wastewater pipe market include Aliaxis Group SA/NV (Belgium), Saint-Gobain Group (Germany), Mexichem S.A.B. de C.V. (Mexico), Tenaris (US), Tyman plc. (US), CEMEX S.A.B. de C.V. (Mexico), JM EAGLE, INC. (US), Future Pipe Industries (UAE), CHINA LESSO (China), National Pipe & Plastics (US), AMERICAN (US).
Industry Update
July 2019: A USD 3.4 million project undertaken to augment the wastewater pipes in Cambridge has reached its completion. This project helped in the refurbishment of 4.4 kms of wastewater pipe in Flloreat, City Beach, Wembley, and Wembley Downs.
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Key Questions Addressed by the Report
- What was the historic market size?
- Which segmentation (Product/ Capacity) is driving market?
- What will be the growth rate?
- How are the key players in this market?
- What are the strategies adopted by key players?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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