Global Tapping Sleeves Market to Reach $2.9 Billion by 2030
The global market for Tapping Sleeves estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$2.9 Billion by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030. Steel, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Ductile Iron segment is readjusted to a revised 3.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $573 Million, While China is Forecast to Grow at 6.9% CAGR
The Tapping Sleeves market in the U.S. is estimated at US$573 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$681.4 Million by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.Select Competitors (Total 41 Featured) -
- American Cast Iron Pipe Company
- Everett J. Prescott, Inc.
- JCM Industries Inc.
- Mueller Water Products, Inc.
- Petersen Products Co.
- PowerSeal Corporation
- Robar Industries Ltd.
- Romac Industries, Inc.
- The Ford Meter Box Company, Inc.
- UTS Engineering Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Cast Iron Pipe Company
- Everett J. Prescott, Inc.
- JCM Industries Inc.
- Mueller Water Products, Inc.
- Petersen Products Co.
- PowerSeal Corporation
- Robar Industries Ltd.
- Romac Industries, Inc.
- The Ford Meter Box Company, Inc.
- UTS Engineering Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 244 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.2 Billion |
Forecasted Market Value ( USD | $ 2.9 Billion |
Compound Annual Growth Rate | 3.5% |
Regions Covered | Global |