PUBLISHER: Lucintel | PRODUCT CODE: 1153924
PUBLISHER: Lucintel | PRODUCT CODE: 1153924
Large Diameter Pipe Market Trends and Forecast
The 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 segments. The global large diameter pipe market is expected to reach an estimated $80.9 billion by 2027 and is forecast to grow at a CAGR of 4.2% from 2022 to 2027. The major growth drivers for this market are increasing investment in water and wastewater management, rise in infrastructure spending, and replacement of aging pipelines.
Emerging Trends in Large Diameter Pipe Market
Emerging trends, which have a direct impact on the dynamics of the industry, are the increasing demand for FRP pipes and multilayer materials and technically advanced pipes to reduce operational time and minimize the risk of pressure resistance, scaling and other deposits caused by substance transmission.
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Large Diameter Pipe Market by Segment
In this market, wastewater pipes are expected to remain the largest application segment, and the highest growing material type segment is plastic pipes. Growth in various segments of the large diameter pipe market are given below:
Large Diameter Pipe Market by Application (Value $ Billion from 2016 to 2027):
Large Diameter Pipe Market by Material (Volume (Million Tons) and Value $ Billion from 2016 to 2027):
Large Diameter Pipe Market by Region (Volume (Million Tons) and Value $ Billion from 2016 to 2027):
List of Large Diameter Pipe Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, large diameter pipe companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the large diameter pipe companies profiled in this report include-
Large Diameter Pipe Market Insights
Features of theLarge Diameter PipeMarket
FAQ
Q1. What is thelarge diameter pipemarket size?
Answer:The global large diameter pipe market is expected to reach an estimated $80.9 billion by 2027.
Q2. What is the growth forecast forlarge diameter pipemarket?
Answer:The large diameter pipe market is expected to grow at a CAGR of ~4% from 2022 to 2027.
Q3. What are the major drivers influencing the growth of thelarge diameter pipemarket?
Answer: The major drivers for this market are increasing investment in water and wastewater management, rise in infrastructure spending, and replacement of aging pipelines.
Q4. What are the major applications or end use industries forlarge diameter pipes?
Answer:Potable water pipes, wastewater pipes, oil and gas pipes, and industrial pipes are the major end use for large diameter pipes.
Q5. What are the emerging trends inlarge diameter pipemarket?
Answer:Emerging trends, which have a direct impact on the dynamics of the industry, are the increasing demand for FRP pipes and multilayer materials and technically advanced pipes to reduce operational time and minimize the risk of pressure resistance, scaling and other deposits caused by substance transmission.
Q6. Who are the keylarge diameter pipecompanies?
Answer:Some of the key large diameter pipe companies are as follows:
Q7. Which will be the largest application segment of thelarge diameter pipemarket in the forecast period?
Answer: Lucintel forecasts that the wastewater pipe segment is expected to remain the largest application segment, driven by growth in residential and commercial construction and the boom in infrastructure development in developing economies.
Q8. Inlarge diameter pipemarket, which region is expected to be the largest in the forecast period?
Answer:Asia Pacific is expected to remain the largest market and it is also projected to have the highest growth over the forecast period over the forecast period.
Q9. Do we receive customization in this report?
Answer:Yes, Lucintel provides 10% Customization Without any Additional Cost.