NEW YORK, Dec. 16, 2016 /PRNewswire/ -- According to a new market report published by Lucintel, the future of the water and wastewater pipe market looks good with opportunities in the potable water pipe, wastewater pipe, and irrigation pipe applications. The global water and wastewater pipe market is forecast to grow at a CAGR of 5% from 2016 to 2021. The major growth drivers for this market are increasing investment in water and wastewater management and replacement of aging pipelines.
In this market, metal, plastic, and concrete are the major raw materials used to manufacture water and wastewater pipes. Lucintel predicts that the demand for plastic pipes is likely to experience the highest growth in the forecast period, supported by growing demand for lightweight material in the wastewater pipe application. On the basis of its comprehensive research, Lucintel forecasts that the wastewater and potable water pipes are expected to show above average growth during the forecast period.
Within the water and wastewater pipe market, wastewater pipe is expected to remain the largest application. The growth of residential and commercial construction and growth in infrastructure development are expected to spur growth for this segment over the forecast period.
By diameter, the small diameter pipe segment is expected to remain the largest market as well as have the highest growth over the forecast period due the growing demand for small diameter plastic pipe.
Asia Pacific is expected to remain the largest market over the forecast period due to high growth in construction and infrastructure development, especially in China and India. Asia Pacific and the North America are expected to witness good growth over the forecast period because of growing infrastructural development activities and replacement of aging pipelines.
For business expansion, the report suggests new product development to reduce time and cost of installation of pipes. Emerging trends, which have a direct impact on the dynamics of the industry, include the increasing demand of FRP pipes and usage of multilayer materials pipes for high strength. China Lesso Group Holdings Limited, Mexichem SAB de CV, Compagnie de Saint-Gobain SA, Sekisui Chemical Co Ltd., and Tenaris SA are among the major manufacturers of water and wastewater pipe. Some companies are opting for M&A as a strategic initiative for driving growth.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in global water and wastewater pipe market by end-use application, material type, region, and diameter has come up with a comprehensive research report, "Growth Opportunities in Global Water and Wastewater Pipe Market 2016-2021: Trends, Forecast and Opportunity Analysis." The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the growth opportunities in global water and wastewater pipe market by end-use application, material type, region, and diameter as follows:
By end use application (Volume (million tons) and Value $ billion from 2010 to 2021)
Potable Water Pipe Wastewater Pipe Irrigation Pipe
By material type (Volume (million tons) and Value $ billion from 2010 to 2021)
Metal Pipe Plastic Pipe Concrete Pipe Others
By region (Volume (million tons) and Value $ billion from 2010 to 2021)
North America Europe Asia Pacific Rest of the World
By diameter (Value $ billion from 2010 to 2021)
Large Diameter Pipe Small Diameter Pipe
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for water and wastewater pipe market by materials, applications, diameter, and regions?
Q.2. Which product /segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats of this market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are some changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in this market?
Q.11. What are M&A activities in the last 5 years in this market? What reasons to these activities and how have they impacted the industry?
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of "Growth Opportunities in Global Water and Wastewater Pipe Market 2016-2021: Trends, Forecast, and Opportunity Analysis" include:
Market size estimates: Growth opportunities in the global water and wastewater pipe market size estimation in terms of value ($B) and volume (MT) shipment.Trend and forecast analysis: Global water and wastewater pipe market trend (2010-2015) and forecast (2016-2021) by region and segment.Segmentation analysis: Global water and wastewater pipe market size by various material segments such as metal pipe, plastic pipe, concrete pipe, and others in terms of value and volume shipment, by application segments such as potable water pipe, wastewater pipe, and irrigation pipe in terms of value and volume shipment, and by diameter large diameter and small diameter pipe in terms of value shipment.Regional analysis: Global water and wastewater pipe market breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.Growth opportunities: Analysis on growth opportunities in different materials, applications, regions, and diameters. Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of water and wastewater pipe in the global water and wastewater pipe market suppliers.Emerging applications: Emerging applications of global water and wastewater pipe in various markets. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
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