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Covid-19 Impact on Plumbing Components Market & Future Growth Prospects, 2020–2027

09-20-2021 10:00 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Plumbing Components Market

Plumbing Components Market

Plumbing components include fittings, manifold, pipes and valves that are installed in plumbing connection in combination with sanitary equipment to complete the operation. Residential segment includes plumbing components installed in bathrooms or toilets and kitchens of single houses or bungalows, flats, townships and private owned buildings.

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The global plumbing components market size accounted for $58.5 billion in 2019, and is expected to reach $78.2 billion by 2027, registering a CAGR of 5.6% from 2020 to 2027.

Plumbing components used in kitchens, toilets or bathrooms in hotels, malls, offices and public places are considered under non-residential category. Renovation of old bathrooms and kitchens in residential and non-residential buildings and new construction projects are driving the plumbing components market. Also, damaged or broken components are also needed to be replaced and thus, increase the sales of plumbing components.

Top 10 Leading Players

Aalberts N.V. (Lasco Fittings)
Central States Industrial
Finolex Industries Ltd.
McWane, Inc.
Morris Group (Acorn)
Mueller Industries
NupiIndustrieItaliane S.p.A.
Reliance Worldwide Corporation Ltd.
Turnkey Industrial Pipe & Supply Inc.
Uponor Corporation

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Key Market Segments

By Product

Fittings
Manifolds
Pipes
Valves

By End-User

Residential
Non-residential

By Application

Bathtubs
Showerheads
Faucets
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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