Lucintel Blog: Lucintel Forecasts Large Diameter Pipe Market to Reach $80.9 Billion by 2027

Tuesday, August 9, 2022

Lucintel Forecasts Large Diameter Pipe Market to Reach $80.9 Billion by 2027

According to the recent study the large diameter pipe market is projected to reach an estimated $80.9 billion by 2027 from $61.3 billion in 2021, at a CAGR of 4.7% from 2021 to 2027. Growth in this market is primarily driven by increasing investment in water and wastewater management, rise in infrastructure spending, and replacement of aging pipelines.

Browse XX figures / charts and XX tables in this XXX -page report to understand trends, opportunities and forecast in large diameter pipe market by material (metal pipes, plastic pipes, concrete pipes, and others), application (potable water pipes, wastewater pipes, oil and gas pipes, industrial pipes, and others) and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on https://www.lucintel.com/large-diameter-pipe-market.aspx.

“Plastic pipes market is expected to remain the largest segment during the forecast period.”

Based on material type, the large diameter pipe market is segmented into metal pipes, plastic pipes, concrete pipes, and others. Lucintel forecasts that the plastic pipes market is expected to remain the largest segment due to growing demand in wastewater and industrial applications.

“Within the large diameter pipe market, the wastewater pipes segment is expected to remain the largest application.”

Based on application the wastewater pipes segment is expected to witness the highest growth over the forecast period.

“Asia pacific will dominate the large diameter pipe market in near future.”

Asia Pacific is expected to remain the largest market and it is also projected to have the highest growth over the forecast period due to high growth in construction and infrastructure development, especially in China and India.

Download Brochure of this report by clicking on https://www.lucintel.com/large-diameter-pipe-market.aspx

Major players of large diameter pipe market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Tenaris SA, Chelpipe Group, OAO TMK, Vallourec SA, Welspun Corp. Ltd. are among the major large diameter pipe providers.

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 click on this link https://www.lucintel.com/large-diameter-pipe-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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