According to a new market report published by
Lucintel, future of the large diameter pipe market looks good with
opportunities in the potable water pipe, wastewater pipe, oil and gas pipe, and
industrial pipe application. The global large diameter pipe market is forecast
to grow at a CAGR of 2.9% from 2016 to 2021. The major growth drivers for this
market are increasing investment in water and wastewater management, rise in
infrastructure spending, replacement of aging pipelines.
In this market, metal, plastic, and concrete are the major raw materials used
to manufacture large diameter pipes. Lucintel predicts that the demand for plastic
pipe is likely to experience the highest growth in the forecast period, supported
by growing demand in the wastewater and industrial applications. On the basis
of its comprehensive research, Lucintel forecasts that the wastewater and potable
water pipes are expected to show above average growth during the forecast
period.
Within the large diameter pipe market, wastewater
pipe is expected to remain the largest application. The growth of residential
and commercial construction and the boom in infrastructure development in
developing economies are expected to spur growth for this segment over the
forecast period.
Asia Pacific is expected to remain the largest
market as well as have the highest growth over the forecast period due to high
growth in construction and infrastructure development, especially in China and
India.
For market expansion, the report suggests
capacity expansion and new product development to reduce time and cost of
installation of pipes. Emerging trends, which have a direct impact
on the dynamics of the industry, are the increasing demand of FRP pipe,
multilayer materials and technically advanced pipes to reduce operational time
and minimizes the risk of pressure resistance, scaling and other deposits
caused by substance transmission. Tenaris SA,
Chelpipe Group, OAO TMK, Vallourec SA, and Welspun Corp. Ltd. are among
the major manufacturers of large diameter pipe. Some companies are opting for M&A as a strategic initiative for
driving growth.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed growth opportunities in global
large diameter pipe market by end-use application, material, and region and has
come up with a comprehensive research report, “Opportunities
in Global Large Diameter Pipe Market 2016-2021: Trends, Forecast and
Opportunity Analysis.” The
Lucintel report serves as a spring board for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the global large diameter pipe market by end-use
application, material, and region as follows:
By end use application (Value $ billion from 2010
to 2021):
·
Potable Water Pipe
·
Wastewater Pipe
·
Oil and Gas Pipe
·
Industrial Pipe
·
Others
By material (Volume (million tons) and Value $
billion from 2010 to 2021):
·
Metal Pipe
·
Plastic Pipe
·
Concrete Pipe
·
Others
By region (Volume (million tons) and Value $ billion from
2010 to 2021):
· North America
·
Europe
·
Asia Pacific
·
Rest of the World
This 280-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/large_diameter_pipe_market_2016_2021.aspx or helpdesk@lucintel.com. Lucintel construction market report, construction reports,
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This report answers following 11 key
questions:
Q.
1. What are some of the most promising, high-growth opportunities for large
diameter pipe market by materials, applications and regions?
Q.
2. Which product /segments will grow at a faster pace and why?
Q.
3. Which region will grow at a faster pace and why?
Q.4.
What are the key factors affecting market dynamics? What are the drivers and
challenges of the market?
Q.5.
What are the business risks and threats of this market?
Q.6. What are the emerging trends in this market
and reasons behind them?
Q.7. What are some changing demands of customers
in the market?
Q.8.
What are the new developments in the market? Which companies are leading these
developments?
Q.9.
Who are the major players in this market? What strategic initiatives are being
implemented by key players for business growth?
Q.10.
How is the competitive rivalry and threat of substitution in this market?
Q.11.
What are M&A activities in the last 5 years in this market? What reasons to
these activities and how have they
impacted the industry?
No comments:
Post a Comment