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Piping and Fittings Market Forecast and Segments 2015 - 2021
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With the continuously growing population, the market for construction materials is on high demand. Being a vital requirement, pipes and fittings are the prerequisite for housing. Urbanization has led to the increase in drainage requirement with a wide network of connection. In order to cope with advanced piping connection, there is an increased demand for pipes and fittings, which in turn, is driving the market growth. There has been a growing trend for rain water harvesting system globally which has helped pipe and fitting market to fuel up. As most of the pipes and fittings are installed underground in case of any breakdown or failure, the maintenance cost can be much higher. Use of synthetic materials for piping is increasing widely which helps to overcome the drawbacks of copper or aluminum pipes like that of complex installation process, maintenance issues and many more.
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Some of the key players in the manufacturing of pipes and fittings Include Saint-Gobain, Grohe Corporation, Jaquar Corporation, Kohler Company, Hindustan Sanitaryware and Industries Ltd (Hindware), Aliaxis Group, Alumasc Building Products, Aluminum Roofline Products (ARP), Amazon Civils, Anglian Home Improvements, Ash & Lacy Building Systems, Marley Plumbing & Drainage, McAlpine and Co, , Pegler Yorkshire Group, PF Copeland Rainwater Systems among others.
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