Press release
Piping and Fittings Market Size, Growth, Industry Report, Forecast, 2032 | Rising Demand from Oil & Gas and Chemicals Industries to Push Growth: Fortune Business Insights
Piping and Fittings Market
Piping is the essential implement that helps to carry out gases and fluids with high parameters such as high pressure, heavy flow, and high temperature. The demand for piping and fitting is increasing for various applications such as water supply, sewage management, and irrigation.
๐ฎ๐๐ ๐ ๐ญ๐๐๐ ๐บ๐๐๐๐๐ ๐น๐๐๐๐๐๐๐ ๐น๐๐๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/piping-and-fittings-market-104730
Competitive Landscape
Leading Players adopt Acquisition Strategies to Stay Competitive
Several players in the market are using acquisition strategies to build their business portfolios and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions.
Notable Industry Development:
December 2022: Borealis is anticipated to work with NUPI to produce high-performance pipes to diversify its business. Borealis announced that NUPI Industrie Italiane had chosen Bornewables polypropylene for the following generation of its line of Niron Beta PP-RCT (Polypropylene Random Crystalline Structure Temperature) products for domestic plumbing, heating, ventilation, and air conditioning (HVAC) systems.
The Report Lists the Key Players Profiled in the Piping and Fittings Market Report:
Saint-Gobain (France)
LIXIL Group Corporation (Japan)
Jaquar Corporation (U.K.)
Kohler Company (U.S.)
Hindustan Sanitaryware and Industries Ltd (Hindware) (India)
Aliaxis Group (Belgium)
Alumasc Building Products (U.K.)
Aluminum Roofline Products (ARP) (U.K.)
Amazon Civils (U.K.)
Anglian Home Improvements (U.K.)
Ash & Lacy Building Systems (U.K.)
Marley Plumbing & Drainage (U.K.)
McAlpine and Co (U.K.)
Pegler Yorkshire Group (U.K.)
PF Copeland Rainwater Systems (Ireland)
Piping and Fittings Market Segments:
Based on segment type, the market is classified into steel pipe, aluminum pipe, copper pipe, plastic/ polyvinyl chloride (PVC) pipe, and glass pipe.
On the basis of application, the market is split into residential, commercial, and industrial
Region-wise, the market is segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
๐น๐๐๐ ๐ด๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐ - https://www.fortunebusinessinsights.com/piping-and-fittings-market-104730
Piping and Fittings Market Report Coverage:
This report covers the synopsis of this market that provides:
Detailed analysis of the market.
Impact of COVID-19.
Segmentation.
Drivers and restraints.
Regional insights.
Competitive landscape.
New growth opportunities.
List of key players in the market.
Drivers & Restraints:
Increasing Urbanization and Demand from Construction Industry to Uplift Market
The demand for construction projects has increased with the increasing population and growing urbanization. The materials required for construction are in high demand for commercial, residential, and industrial applications.
The need for proper drainage systems is the essential and primary need for urbanization, raising the global piping and fittings market in the future. One of the critical environmental projects is rainwater harvesting, and this project helps the piping and fitting market to grow. Construction of innovative and new structures needs highly advanced piping and fitting system for integration.
The pipes are made of aluminum, steel, and so on. They are higher in weight and more expensive, and their maintenance cost and corrosion are the factors that are anticipated to hinder the market growth.
๐ฎ๐๐ ๐ ๐ธ๐๐๐๐ - https://www.fortunebusinessinsights.com/enquiry/get-a-quote/piping-and-fittings-market-104730
Regional Piping and Fittings Market Insights:
Increasing Infrastructural Projects and Need for Rainwater Harvesting to Drive Market Growth in Asia Pacific
Asia Pacific is to grow and witness high market growth to become the dominant market player. With the increase in the various infrastructural projects and emerging need for rainwater harvesting to help the use and need of water for a longer time in rural areas.
North American and Europe piping and fitting market is expected to gain momentum with growing advancements in wastewater management and treatment plants. According to the United States Environmental Protection Agency (USEPA), the U.S. government is anticipated to invest for over 25 years, around USD 271 billion, in wastewater management projects. This reason is expected to drive the market during the forecast period. Another bank, European Investment Bank (EIB) 2019, announced that the government has invested around EUR 2.4 billion, of which 11.5 million were for sanitation improvement.
๐น๐๐๐๐๐๐ ๐น๐๐๐๐๐๐ -
Pipe Inspection Robot Market - https://www.fortunebusinessinsights.com/pipe-inspection-robot-market-109520
Pipeline and Process Services Market - https://www.fortunebusinessinsights.com/pipeline-and-process-services-market-105466
Contact Us:
Fortune Business Insightsโข Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.: US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Piping and Fittings Market Size, Growth, Industry Report, Forecast, 2032 | Rising Demand from Oil & Gas and Chemicals Industries to Push Growth: Fortune Business Insights here
News-ID: 3669934 • Views: โฆ
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop โฆ
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected toโฆ
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion byโฆ
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow โฆ
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growthโฆ
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by โฆ
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollutionโฆ
More Releases for Piping
Navigating Growth: A Comprehensive Overview of the Piping System and Piping Spoo โฆ
The global piping system and piping spools market size was valued at $4,832.5 million in 2019, and is expected to reach $6,035.0 million by 2027, registering a CAGR of 4.5% from 2020 to 2027. The global industrial landscape is continually evolving, with a myriad of sectors relying on robust and efficient piping systems to facilitate the seamless transportation of fluids and gases. At the heart of this intricate networkโฆ
High Purity Process Piping System Market 2023 | Futuristic Trends- Simtech, GMP โฆ
The High Purity Process Piping System market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. The High Purity Process Piping System report also incorporates the current and future global market outlook in the emerging and developed markets. Moreover, the report also investigates regions/countries expected to witness the fastest growth rates during the forecast period.
The High Purity Process Piping System researchโฆ
Piping System and Piping Spools Market to witness Great Growth in Forecast to 20 โฆ
The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Piping System and Piping Spools Market during the forecast period, i.e., 2022-2028. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments theโฆ
Piping System and Piping Spools market: Market Players Leveraging on Growth Oppo โฆ
"QY Research holds tons of experience in offering comprehensive and accurate analysis of global as well as regional markets. The report presented here is an industry-best compilation of detailed and quality research studies on the global Piping System and Piping Spools market. It provides SWOT, PESTLE, and other important types of analysis to give a real and complete picture of the current and future scenarios of the global Piping Systemโฆ
Piping System and Piping Spools Market 2022 | Detailed Report
Global Piping System and Piping Spools Market 2022-2029, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=6231063
Theโฆ
Piping System and Piping Spools Market
Piping System and Piping Spools Market report provides in-depth statistics and analysis available on the market status of the Piping System and Piping Spools Manufacturers and is a valuable method of obtaining guidance and direction for companies and business enterprise insider considering the Piping System and Piping Spools market. It contains the analysis of drivers, challenges, and restraints impacting the industry.
Piping System and Piping Spools Market report also provide aโฆ
