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Pipes and Pipe/Hose Fittings - Global Market Trajectory & Analytics

  • ID: 338770
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Aliaxis Group SA/NV
  • Eaton Hydraulics Group
  • Forterra, Inc.
  • Hancor Inc.
  • Nibco Inc.
  • Tenaris SA
Global Pipes and Pipe/Hose Fittings Market to Reach $337.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Pipes and Pipe/Hose Fittings estimated at US$266.3 Billion in the year 2020, is projected to reach a revised size of US$337.3 Billion by 2027, growing at a CAGR of 3.4% over the analysis period 2020-2027. Steel, one of the segments analyzed in the report, is projected to record a 3% CAGR and reach US$134.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the PVC segment is readjusted to a revised 4.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $71.9 Billion, While China is Forecast to Grow at 6.1% CAGR

The Pipes and Pipe/Hose Fittings market in the U.S. is estimated at US$71.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$69.8 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Metal Flanges & Unions Segment to Record 3.6% CAGR

In the global Metal Flanges & Unions segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$18 Billion in the year 2020 will reach a projected size of US$22.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$47.3 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period.

Select Competitors (Total 467 Featured):
  • Advanced Drainage Systems Inc.
  • Aliaxis Group SA/NV
  • Amanco
  • AMERICAN Cast Iron Pipe Company
  • Arcelor Mittal
  • Chevron Phillips Chemical Company LLC
  • China Lesso Group Holdings Ltd.
  • Eaton Hydraulics Group
  • Europipe GmbH
  • EVRAZ North America
  • Forterra, Inc.
  • Georg Fischer Ltd.
  • GF Piping Systems Ltd.
  • Hancor Inc.
  • Ipex Inc.
  • Mexichem S.A.B. de C.V.
  • Napco Security Technologies, Inc.
  • Nibco Inc.
  • Nippon Steel & Sumitomo Metal Corporation
  • Performance Pipe
  • Pipelife International GmbH
  • Techint Group
  • Tenaris SA
  • Tessenderlo Group
  • Tigre SA
  • TMK Group
  • United States Steel Corporation
  • Uponor Corp.
  • Wavin Holding B.V.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Aliaxis Group SA/NV
  • Eaton Hydraulics Group
  • Forterra, Inc.
  • Hancor Inc.
  • Nibco Inc.
  • Tenaris SA
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Pipes and Pipe/Hose Fittings Market: A Prelude
  • Recent Market Activity
  • Market Prospects Remain Favorable for Pipes and Pipe/Hose Fittings
  • Developing Regions to Energize Growth
  • Construction Industry Scenario Strongly Supports Demand Expansion
  • Construction Industry Statistical Snapshot
  • Massive Increase in Infrastructure Investments
  • Capital Expenditure on Pipeline Infrastructure Worldwide: A Primary Growth Driver
  • Large Scale Interregional Oil and Gas Projects to Entail Demand
  • Expanding Population and Urbanization Drive Instigate the Demand
  • STable Economic Scenario Augurs Well
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Advanced Drainage Systems, Inc. (USA)
  • Hancor, Inc. (USA)
  • Aliaxis SA (Belgium)
  • Ipex, Inc. (Canada)
  • AMERICAN Cast Iron Pipe Company (USA)
  • Arcelor Mittal (Luxembourg)
  • Chevron Phillips Chemical Company LLC (USA)
  • Performance Pipe (USA)
  • China Lesso Group Holdings Ltd. (China)
  • Eaton Hydraulics Group (USA)
  • Europipe GmbH (Germany)
  • EVRAZ North America (USA)
  • Georg Fischer Ltd. (Switzerland)
  • GF Piping Systems Ltd. (Switzerland)
  • Forterra, Inc. (USA)
  • JM Eagle™ (USA)
  • Mexichem, S.A.B. de C.V. (Mexico)
  • Amanco (Brazil)
  • Wavin Holding B.V. (The Netherlands)
  • Nibco, Inc. (USA)
  • Nippon Steel & Sumitomo Metal Corporation (Japan)
  • NAPCO (USA)
  • PAO TMK (Russia)
  • Pipelife International GmbH (Austria)
  • Techint Group (Italy)
  • Tenaris SA (Luxembourg)
  • Tessenderlo Group (Belgium)
  • Tigre SA (Brazil)
  • Uponor Corp. (Finland)
  • United States Steel Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Steel Pipes: Largest Product Category
  • A Snapshot of Different Types of Steel Pipes and their Applications
  • OCTG Pipes Exhibit Faster Growth
  • High-Grade Pipes See Bright Prospects
  • Helical SAW Pipes Find Favor over Longitudinal Weld Pipes
  • Large Diameter Welded Line Pipe Makes Inroads
  • Corrosion Protection Gains Importance to Address Challenging Environments
  • Energy Prices Fuel Steel Pipes Demand
  • A Note on Select Proposed, Under Construction & Recently Launched Pipeline Projects
  • Steel Reinforced Corrugated Pipes Gain Popularity in Sewerage Applications
  • Plastic Pipes Continue to Widen Consumer Base
  • Plastic Pipes Replace Traditional Materials
  • Global Climate Change Opens New Opportunities
  • Use of Plastic Pipes in Water and Wastewater Applications on Rise
  • Product Innovations Instigate Novel Opportunities
  • PVC Pipes Emerge as Key Product Vertical
  • Polyethylene (PE) Pipes Demonstrate Faster Growth
  • Multilayer Pipes Grow in Usage
  • Water Transmission Projects - A Key Growth Market
  • Aging Pipelines Trigger Replacement Opportunities
  • Energy Efficiency Implies Growth Prospects
  • Trenchless Technology Augurs Well for Plastic LDPs
  • RFP Pipes Gain Ground
  • Spiral Wound Non Pressure Pipes - Exciting Opportunities Ahead
  • Concrete Pipes: Small But Growing Product Segment
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 467
Note: Product cover images may vary from those shown
  • Advanced Drainage Systems Inc.
  • Aliaxis Group SA/NV
  • Amanco
  • AMERICAN Cast Iron Pipe Company
  • Arcelor Mittal
  • Chevron Phillips Chemical Company LLC
  • China Lesso Group Holdings Ltd.
  • Eaton Hydraulics Group
  • Europipe GmbH
  • EVRAZ North America
  • Forterra, Inc.
  • Georg Fischer Ltd.
  • GF Piping Systems Ltd.
  • Hancor Inc.
  • Ipex Inc.
  • Mexichem S.A.B. de C.V.
  • Napco Security Technologies, Inc.
  • Nibco Inc.
  • Nippon Steel & Sumitomo Metal Corporation
  • Performance Pipe
  • Pipelife International GmbH
  • Techint Group
  • Tenaris SA
  • Tessenderlo Group
  • Tigre SA
  • TMK Group
  • United States Steel Corporation
  • Uponor Corp.
  • Wavin Holding B.V.
Note: Product cover images may vary from those shown
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