Pipe Fittings Market 2019-2024
Pipe fitting is the occupation of installing or repairing piping or tubing systems that convey liquid, gas, and occasionally solid materials. This work involves selecting and preparing pipe or tubing, joining it together by various means, and the location and repair of leaks.
Pipe fitting work is done in many different settings: HVAC, manufacturing, hydraulics, refineries, nuclear-powered Supercarriers and Fast Attack Submarines computer chip fab plants, power plant construction, and other steam systems.
Pipe components are typically used in laying pipelines that provide means of transport for fluids into and out of the building. Given that efficient Pipe is a critical requirement for all buildings, demand for pipe fittings and fixtures is dependent on the level of construction activity, which in turn is influenced by the overall health of the economy. The level of economic growth and construction activity primarily dictates market prospects for pipe fittings.
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Rapid urbanization in developing countries will continue to drive growth in the market since strong urban concentration will trigger increases in infrastructure expenditure and urban planning. The creation of large megacities involves the construction of high-rise buildings and skyscrapers, which in turn increases prospects for pipework, thus driving market prospects for pipe fittings and fixtures.
The industry concentration is relatively high in the USA. Manufactures are distributed around the USA. Leading players in Pipe fitting industry are Mueller Water Products, Mueller Industries, McWane, and Charlotte Pipe. Mueller Water Products is the largest manufacturer, with the sales market share of 14.05% in 2015. The top four companies occupied about 41.63% sales share of the market in 2015.
Under the influence of raw material, market competitions and economic conditions, the price of Pipe fitting are increasing recently because of the downstream demand. In the next few years, we predict that price will continue in an unstable trend. As competition intensifies, prices gap between different applications will go a larger gap.
According to this study, over the next five years, the Pipe Fittings market will register a –% CAGR in terms of revenue, the global market size will reach US$ $$ million by 2024, from US$ $$ million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Pipe Fittings business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Pipe Fittings market by product type, application, key manufacturers and key regions and countries.
This study considers the Pipe Fittings value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Metal Pipe Fittings
Plastic Pipe Fittings
Other Pipe Fittings
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
HVAC
Manufacturing
Fire protection systems
Household
Other steam systems
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
America
APAC
Europe
Middle East & Africa
The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Mueller Water Products
Mueller Industries
McWane
Charlotte Pipe
Ward Manufacturing Hitachi
RWC USA
Pennsylvania Machine
Westbrook Manufacturing
Lasco Fitting
Kohler
Grinnell Pipe
Merit Brass
Plasson USA
The Phoenix Forge Group
U.S. Metals
Core Pipe
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Pipe Fittings consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Pipe Fittings market by identifying its various sub-segments.
Focuses on the key global Pipe Fittings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Pipe Fittings with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Pipe Fitting’s submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content Covers the Topics mentioned below
2019-2024 Global Pipe Fittings Consumption Market Report
Scope of the Report
Executive Summary
Global Pipe Fittings by Players
Pipe Fittings by Regions
Americas Market
APAC Market
Europe Market
The Middle East & Africa Market
Market Drivers, Challenges and Trends
Marketing, Distributors, and Customer
Global Pipe Fittings Market Forecast
Key Players Analysis
Research Findings and Conclusion
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