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Thursday, February 15, 2024

Concrete Pipe Market is Anticipated to Grow at a CAGR of 3.4% during 2024-2030

The global concrete pipe market is projected to reach $39 billion by 2030, at a CAGR of 3.4% during 2024-2030. The growth of concrete pipe market is driven by residential and non-residential construction activities and the replacement of aging pipelines.

Some of the key questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the concrete pipe market by product (pre-stressed concrete cylinder pipes, pre-stressed reinforced concrete pipes, reinforced concrete pipes, bar-wrapped concrete pipes, and others), application (potable water, sewage, drainage, irrigation, and others), diameter (small diameter pipes, medium diameter pipes, and large diameter pipes) and pressure rating (low pressure pipes, medium pressure pipes, and high pressure pipes) and region (NA, Europe, APAC, ROW)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the concrete pipe market?

Q.4 What are some changing demands of customers in the concrete pipe market?

Q.5 What are the new developments in the concrete pipe market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this concrete pipe area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this concrete pipe market? 

Emerging trends, which have a direct impact on the dynamics of the industry, include increased usage of vibration casting technology in concrete pipes.

Market Segmentation:

Based on product, the concrete pipe market is segmented into pre-stressed concrete cylinder pipes, pre-stressed reinforced concrete pipes, reinforced concrete pipes, bar-wrapped concrete pipes, and others. The reinforced concrete pipe segment accounted for the largest share of the market in 2024 and is expected to register the highest CAGR during the forecast period, due to its high strength, low cost, and durability.

Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period supported by increasing infrastructure development and construction activities.

Key Players in the concrete pipe market are CEMEX, Forterra, Old Castle Precast, NOV, Amiantit, Indian Hume Pipe, and Con-Cast Pipe.

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

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.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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