Plastic Pipe Fitting Market Industry Analysis by Manufacturers, End-User, Type, Application, Regions and Forecast to 2029
by harshada
Book Description
Plastic Pipe Fitting Market Industry was valued at 35.72 Billion USD for the year 2022 and is expected to grow at a CAGR of 5.3% to become a USD 51.54 Billion by the year 2029.
Plastic Pipe Fitting Market Overview:
The Plastic Pipe Fitting Market research provides a comprehensive insight into the competition, including the market share and company profiles of the world’s biggest rivals. The research scope covers a comprehensive examination of the Plastic Pipe Fitting Market, as well as the causes for variances in the industry’s growth across a variety of sectors.
Market Scope:
Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.
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Drivers:
The demand for plastic pipe fittings is being driven by the expanding requirement for effective fluid transportation in numerous industries, including construction, agriculture, and chemical processing. Due to their lower cost and simpler installation than metal fittings, plastic pipe fittings have gained popularity. For applications involving hostile fluids or conditions, plastic materials used in pipe fittings, such as PVC and CPVC, demonstrate exceptional corrosion resistance. Because plastic pipe fittings are lightweight, handling, transit, and installation are made easier. They also provide lifespan and endurance, which lower maintenance expenses.
Segmentation:
by Product Type
Elbows
Couplings
Tees
Adapters
Valves
Connectors
Others
by Material
PVC (Polyvinyl Chloride)
CPVC (Chlorinated Polyvinyl Chloride)
PP (Polypropylene)
PE (Polyethylene)
ABS (Acrylonitrile Butadiene Styrene)
Others
by Application
Plumbing Systems
Irrigation Systems
Water Supply Systems
Chemical Processing
HVAC (Heating, Ventilation, and Air Conditioning)
Mining
Others
by End-use industry
Construction (Residential, Commercial, and Industrial)
Agriculture
Chemical
Oil and Gas
Water and Wastewater Management
Mining
Pharmaceuticals
Others
by Distribution Channel
Direct Sales (Manufacturer to End-User)
Distributors/Wholesalers
Online Retailers
Others
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
The biggest players in the Plastic Pipe Fitting Market are as follows:
- Georg Fischer Ltd. (Switzerland)
- Aliaxis Group (Belgium)
- Astral Poly Technik Limited (India)
- Uponor Corporation (Finland)
- Charlotte Pipe and Foundry Company (United States)
- Tigre S.A. (Brazil)
- National Plastic Factory (United Arab Emirates)
- Polypipe Group PLC (United Kingdom)
- IPEX Inc. (Canada)
- JM Eagle Company, Inc. (United States)
- Wavin N.V. (Netherlands)
- Advanced Drainage Systems, Inc. (United States)
- Dura-Line Holdings, Inc. (United States)
- Vinidex Pty Ltd. (Australia)
- Mueller Water Products, Inc. (United States)
- Radius Systems Ltd. (United Kingdom)
- Plasson Ltd. (Israel)
- Georg Fischer Piping Systems LLC (United States)
- Plastika AS (Czech Republic)
- HDPE Pipe & Fittings (Pty) Ltd. (South Africa)
- Pipelife International GmbH (Austria)
- JM Eagle Europe (Belgium)
- AGRU Kunststofftechnik GmbH (Austria)
- Plastibell S.p.A. (Italy)
- Thai Pipe Industry Co., Ltd. (Thailand)
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Regional Analysis:
Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Plastic Pipe Fitting Market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.
COVID-19 Impact Analysis on Plastic Pipe Fitting Market:
End-user industries where Plastic Pipe Fitting Market are utilized saw a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a halt in operations. This resulted in a significant decrease in the revenues of enterprises in these industries, as well as in demand for Plastic Pipe Fitting Market manufacturers, harming the Plastic Pipe Fitting Market’s growth in 2020. End-user business demand for Plastic Pipe Fitting Market has decreased as a result of lockdowns and an increase in COVID-19 occurrences throughout the world.
Key Questions Answered in the Plastic Pipe Fitting Market Report are:
In 2022, which segment accounted for the most share of the Plastic Pipe Fitting Market?
What is the competitive landscape of the Plastic Pipe Fitting Market?
What are the key factors influencing Plastic Pipe Fitting Market growth?
In the Plastic Pipe Fitting Market, which region has the most market share?
What will be the CAGR of the Plastic Pipe Fitting Market during the forecast period (2023-2029)?
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