PUBLISHER: The Business Research Company | PRODUCT CODE: 1668505
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668505
Pipes and pipe/hose fittings are essential components supporting connections, size adjustments, and directional shifts within piping systems. These fittings are commonly utilized across tubing and piping applications, facilitating the junction of hose sections or linking hoses to tubes.
The primary types encompass pipes themselves and the fittings required for these connections. Pipes, defined as hollow cylindrical structures made from materials such as metal or wood, serve the purpose of transporting various substances. Diverse manufacturing technologies such as compression molding, injection molding, thermoforming, extrusion, electro fusion, fabrication, and others find application in areas such as water supply, pumps and piping systems, drainage and sewage disposal, sanitation, transportation pipes, and similar sectors.
The pipes and pipe/hose fittings market research report is one of a series of new reports from The Business Research Company that provides pipes and pipe/hose fittings market statistics, including pipes and pipe/hose fittings industry global market size, regional shares, competitors with a pipes and pipe/hose fittings market share, detailed pipes and pipe/hose fittings market segments, market trends and opportunities, and any further data you may need to thrive in the pipes and pipe/hose fittings industry. This pipes and pipe/hose fittings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pipes and pipe/hose fittings market size has grown strongly in recent years. It will grow from$315.79 billion in 2024 to $340.13 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to water and wastewater management, oil and gas exploration, renewable energy projects, infrastructure rehabilitation, globalization of trade, government investments in infrastructure
The pipes and pipe/hose fittings market size is expected to see strong growth in the next few years. It will grow to $483.32 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to smart cities initiatives, circular economy practices, rise in e-commerce for procurement, focus on water conservation, expansion of oil and gas infrastructure, hydraulic fracturing (fracking) operations. Major trends in the forecast period include integration of 3d printing technologies, advanced material innovations, customization for specific applications, hygienic and sanitary solutions, smart pipe systems, and digitalization in manufacturing.
An increase in construction projects is anticipated to drive the growth of the pipes and pipe/hose fittings market in the future. Construction projects involve the organized creation and building of structures. Pipes and pipe/hose fittings are essential components in the construction industry, primarily used for conveying fluids during construction activities. For instance, in June 2024, TST Europe, a machinery parts manufacturer based in Switzerland, reported that total construction spending reached $1.98 trillion in 2023, reflecting a 7.4% increase from the previous year. Therefore, the rise in construction projects is expected to fuel the growth of the pipes and pipe/hose fittings market.
The escalating demand within the automotive industry is expected to be a catalyst for the pipes and pipes/hose fittings market. Pipes and hose fittings play integral roles within multiple vehicle systems, contributing significantly to the reliability, safety, and operational efficiency of automotive functions. Notably, data from the Board of Governors of the Federal Reserve System indicates a notable upswing in total vehicle production in the United States, soaring to 11.77 million units in July 2023 from 10.91 million units in June 2023. This surge in automotive demand is a key driver behind the growth trajectory of the pipes and pipe/hose fittings market.
Major companies in the pipes and pipe/hose fittings market are focusing on introducing advanced technologies, such as reinforced thermoplastic pipe (RTP) technology, to improve durability, reduce maintenance costs, and enhance fluid transportation efficiency. RTP technology involves the use of flexible, lightweight pipes made from thermoplastic materials, which provide high corrosion resistance, low maintenance requirements, and the capacity to withstand various pressures and temperatures for fluid transport. For example, in November 2023, Baker Hughes Company, a U.S.-based energy technology firm, launched its new PythonPipe portfolio, which features advanced reinforced thermoplastic pipe technology. This innovative solution allows for up to a 60% reduction in installation time, significant decreases in carbon emissions, and improved durability, making it suitable for challenging and corrosive environments in the energy sector.
Major players in the pipes and pipe/hose fittings sector are introducing cutting-edge plumbing and drainage solutions to bolster market profitability. These solutions encompass a suite of products, systems, and services tailored for efficient water supply, distribution, and wastewater management within buildings and infrastructure. Notably, in December 2022, Prince Pipes & Fittings, an India-based PVC pipes manufacturer, unveiled skolan safe and prince hauraton. Skolan safe presents a comprehensive solution for soundproofed building drainage, featuring polypropylene (PP) pipes and fittings designed from mineral fiber-reinforced polypropylene, ensuring superior soundproofing capabilities. This environmentally conscious system, devoid of halogen and heavy metals, underscores recyclability while Prince Hauraton, leveraging German technology, offers advanced drainage solutions applicable across residential, industrial, and commercial buildings.
In March 2024, HIL Ltd. (Hyderabad Industries Limited), an India-based building materials company, acquired Topline for ₹265 crores ($32 million). This acquisition presents significant growth potential, enabling HIL to double its revenue and triple its production capacity, particularly in the strategically important Eastern region. Additionally, it provides access to Topline's substantial channel presence across 15 states. Topline is an Indian manufacturer specializing in PVC pipes, water tanks, and agricultural pipes.
Major companies operating in the pipes and pipe/hose fittings market include Advanced Drainage Systems Inc., Aliaxis Group, Amanco Company- Orbia, American Cast Iron Pipe Company, ArcelorMittal S.A., Chevron Phillips Chemical Company LLC, China Lesso Group Holdings Limited, Eaton Hydraulics Inc., EUROPIPE GmbH, EVRAZ plc, Forterra plc, Georg Fischer Ltd., GF Piping Systems Ltd., Hancor Inc., IPEX Inc., Nippon Steel & Sumitomo Metal Corporation, Nibco Inc., Tigre SA, JM Eagle Corporation, Tenaris SA, Sekisui Chemical Co. Ltd., Wienerberger AG, Pipelife International GmbH, Uponor Corporation, National Pipe and Plastics Inc., Rehau AG, Sika AG, Compagnie de Saint-Gobain S.A., Lubrizol Advanced Materials Inc., Victaulic Company
North America was the largest region in the pipe and pipe/hose fittings market in 2024. The regions covered in the pipes and pipe/hose fittings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the pipes and pipe/hose fittings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The pipe and pipe/hose fittings market consists of sales of air hose connecters, couplings, adapter, valves, and others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pipes and Pipe/Hose Fittings Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pipes and pipe/hose fittings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pipes and pipe/hose fittings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pipes and pipe/hose fittings market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.