Lucintel identifies and prioritizes opportunities for growth in the global large diameter pipe market by end use application, by material, and region

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, 

 strategic growth consulting, commercial due diligence report and marketing research reports online.

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?