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Friday, August 23, 2024

Lucintel Forecasts the Global Concrete Pipe Market to Reach $39 Billion by 2030

According to the recent study the global Concrete Pipe Market is projected to reach an estimated $39 billion by 2030 at a CAGR of 3% from 2023 to 2030. Growth in this market is primarily driven by residential and non-residential construction activities and the replacement of aging pipelines.

A more than 150–page report is developed to understand Trends, opportunities and forecast in 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).

Lucintel forecasts that reinforced concrete pipe is expected to remain the largest segment and also witness the highest growth over the forecast period due to its high strength, low cost, and durability.

Within the global concrete pipe market, sewage will remain the largest application in the forecast period due to continued infrastructural spending across the globe.

Download sample by clicking on Concrete Pipe Market.

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

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

This unique 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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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