Press release
Developments in the commercial sector and increasing infrastructural investments are mainly driving Americas Pipe Fittings Market growth | PMR Study
Americas Pipe Fittings Market
The Americas pipe fittings market is currently valued at around US$ 18.8 Bn, and is projected to expand steadily at a CAGR of 4.1% to reach a market revenue of US$ 27.9 Bn by the end of 2032.
The North American region has experienced high growth in the telecommunication industry in the past few years, and it is expected that telecommunication networks in the region will expand more over coming years, due to which, the network of cables will also increase. This will lead to an increment in the demand for piping systems and pipe fittings to cover the cables underground to protect them.
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Key Players-
• Future Pipe Industries
• SAINT-GOBAIN PAM
• Aliaxis Group S.A
• Skipper Limited.
• JM Eagle.
• Pegler Yorkshire Group Ltd.
• LASCO Fittings
• Nakshatra Steel & Alloys
• Victaulic and more
The report on Americas Pipe Fittings Market provided based on the recent developments and data that has been collated from the previous year's looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2022 to 2030. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.
Market Dynamics
Factors affecting Americas Pipe Fittings Market have been studied in a detailed fashion to give a better understanding regarding the current status and the prospects. The various economic and demographic factors that influence the market have been presented in the study. The impact of important markers such as pricing, demand and supply, and population levels have been studied in this report. The forecast regarding Americas Pipe Fittings Market extending up to the year 2030 has been provided based on the conclusions from the aforementioned factors.
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Americas Pipe Fittings Industry Research by Category
by Material:
• Steel & Steel Alloys
• Copper
• Brass
• Aluminium
• Plastic
• Composite
by Function:
• Push-fit Pipe Fittings
• Press-fit Pipe Fittings
• Others
by Fittings Type:
• Elbow Pipe Fittings
• Tee Pipe Fittings
• Reducer Pipe Fittings
• Union Pipe Fittings
• Coupling Pipe Fittings
• Adapter Pipe Fittings
• Cross Pipe Fittings
• Pipe Fitting Caps
• Pipe Fitting Flanges
by End Use:
• Pipe Fittings for Residential Use
• Pipe Fittings for Industrial Use
• Pipe Fittings for Commercial Use
• Pipe Fittings for Infrastructure Use
by Country:
• North America Pipe Fittings Market
o U.S. Pipe Fittings Market
o Canada Pipe Fittings Market
• Latin America Pipe Fittings Market
o Brazil Pipe Fittings Market
o Mexico Pipe Fittings Market
o Peru Pipe Fittings Market
o Argentina Pipe Fittings Market
o Chile Pipe Fittings Market
o Colombia Pipe Fittings Market
o Rest of Latin America Pipe Fittings Market
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Key Takeaways from Market Study
• Increasing demand for water and wastewater treatment projects in agriculture, food & beverages, automotive, pharmaceuticals, and chemicals is fueling demand for pipe fittings, which is expected to peg the market at around US$ 27.9 Bn by 2032.
• Emerging commercial spaces and rising inclination toward modernization of infrastructure and ageing piping systems in the Americas will drive demand for pipe fittings during the assessment period.
• The U.S. is anticipated to remain one of the key markets in the Americas, accounting for around 60% market share in 2022.
• Based on function type, the push-fit segment is projected to account for a foremost share of the market owing to significant benefits such as fast and reliable connections for new installations or emergency repair.
"Upsurge in demand for pipe fittings from commercial and residential spaces is creating a positive outlook for the market. Also, production of custom-made pipe fittings in terms of material by key manufacturers is being witnessed," says a Persistence Market Research analyst.
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About the Industrial Automation at Persistence Market Research
Expert analysis, actionable insights, and strategic recommendations - the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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