Lucintel Blog: Lucintel Forecasts Water and Wastewater Pipe Market to Reach $144.4 Billion by 2027

Monday, February 6, 2023

Lucintel Forecasts Water and Wastewater Pipe Market to Reach $144.4 Billion by 2027

According to the recent study the water and wastewater pipe market is projected to reach an estimated $144.4 billion by 2027 from $100.1 billion in 2021, at a CAGR of 6.3% from 2021 to 2027. Growth in this market is primarily driven by increasing investment in water and wastewater management due to scarcity of water and requirement of proper sanitization in a territory and rise in infrastructure spending.

Browse 238 figures / charts and 85 tables in this 327 -page report to understand trends, opportunities and forecast in water and wastewater pipe market by material (metal pipes, plastic pipes, concrete pipes, and others), application (potable water pipes, wastewater pipes, and irrigation pipes), diameter type (large diameter pipes and small diameter pipes), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/global-water-and-wastewater-pipe-market.aspx

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

Based on material, the water and wastewater 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 because it has a long life span and excellent resistance to corrosion, durability, and low maintenance.

“Within the water and wastewater pipe market, the small diameter pipes segment is expected to remain the largest diameter type.”

Based on diameter type the small diameter pipes segment is expected to witness the highest growth over the forecast period due to rapidly growing construction industry and infrastructure development.

“Asia pacific will dominate the water and wastewater pipe market in near future.”

Asia Pacific will remain the largest and fastest growing region during the forecast period due to infrastructural development, urbanization, and the subsequent development of residential and industrial construction in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/global-water-and-wastewater-pipe-market.aspx.

Major players of water and wastewater 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. Orbia, Sekisui Chemical, China Lesso Group Holdings Limited, Compagnie de Saint-Gobain SA, and Tenaris SA are among the major water and wastewater 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/global-water-and-wastewater-pipe-market.aspx or helpdesk@lucintel.com.

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Contact:
Brandon Fitzgerald
Lucintel
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Email: brandon.fitzgerald@lucintel.com
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