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Pipe Market can be defined as a hollow tube-shaped structure which is used for transferring and movement of flowing substances, these structures are installed in various industrial structures and commercial applications. Depending on the usage these pipes are manufactured with different raw materials and in different manufacturing methods. High levels of renovation and replacements of pipes being carried out in various factories and industries; this factor is expected to drive the growth of the market Rising demand for innovative flexible pipes from the end-users is expected to drive the growth of the market Increasing policies implemented by the authorities for supporting the development of infrastructures is expected to positively affect the growth of the market.
Pipe Market by Material (Metals, Steel, Aluminum, Plastics, Concrete, Others), Diameter Size (Small, Medium, Large), End-Users (Oil & Gas, Pharmaceutical, Chemicals & Petrochemicals, Water & Wastewater, Residential, Commercial, HVAC, Automotive, Food Processing, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Global Pipe Market is expected to grow with a steady CAGR in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the rising levels of construction activities caused due to an increase in urbanization and industrialization globally. Complications associated with the disposal of plastic pipes amid concerns for the environment is expected to restrain the market growth Vulnerable nature of prices of raw materials utilized in the production of these pipes is expected to restrain the growth of the market.
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Segmentation: Global Pipe Market:
Competitive Analysis: Global Pipe Market:
Global pipe market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pipe market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Developments in the Market:
In February 2019, Unicorn Group announced that they had acquired PF Copeland along with its sister company PFC Rainwater Systems. This acquisition will help Unicorn Group in increasing their product capabilities, and provide new consumers and market applications for the organisation.In January 2019, Tenaris announced that they had completed the acquisition of 47.79% shares of Saudi Steel Pipe Company for an approximate USD 141 million. With this acquisition, Tenaris will be able to expand their operations in the Middle East region and increase their geographical presence globally.
Key Market Competitors: Global Pipe Market:
Few of the major competitors currently working in pipe market are ALFATUBO; Benteler International; Aliaxis; Saint-Gobain; Wienerberger AG; Buhlmann Rohr-Fittings-Stahlhandel GmbH + Co. KG; GPS PE Pipe Systems; Europipe; AMANCO; Molecor; ARP; DHM Plastics Ltd t/a Marley Plumbing and Drainage; McAlpine & Co Ltd; Advanced Drainage Systems, Inc.; Tenaris; ASTRAL POLYTECHNIK LIMITED; JFE Holdings, Inc.; Solvay; Finolex Industries Ltd.; Mexichem S.A.B. de C.V.; Unicorn Group; supreme.co.in; Formosa Plastics Group; CHINA LESSO; SEKSUI CHEMICAL CO., LTD.; Pegler; NIPPON STEEL CORPORATION; Mueller Industries; ArcelorMittal; Saudi Arabian Amiantit Co.; VALLOUREC and OAO TMK.
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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Pipe Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Pipe Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model
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