Piping and Fittings Market in North America 2023-2027
Technavio has been monitoring the piping and fittings market in North America and is forecast to grow by $ 14.84 bn during 2022-2027, accelerating at a CAGR of 4% during the forecast period. Our report on the piping and fittings market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the surge in E&P activities, rising construction and infrastructure development activities, and changing climate conditions.
Technavio's piping and fittings market in North America is segmented as below:
By Material
- Plastic or PVC pipe
- Steel pipe
- Copper pipe
- Aluminum pipe
- Glass pipe
This study identifies the advances in material use and technology as one of the prime reasons driving the piping and fittings market growth during the next few years. Also, online presence driving sales and rising number of acquisitions will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the piping and fittings market in North America covers the following areas:
- Piping and fittings market sizing
- Piping and fittings market forecast
- Piping and fittings market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading piping and fittings market vendors that include Aliaxis Group SA, Allied Group, ArcelorMittal, BASF SE, Canadoil Group, Charlotte Pipe and Foundry Co., Compagnie de Saint Gobain, Hitachi Ltd., ISCO Industries, JSW STEEL Ltd., Kohler Co., Mueller Industries Inc., Nippon Steel Corp., Orbia Advance Corp. SAB de CV, Pestan North America, Swagelok Co., The Lubrizol Corp., Uponor Corp., Victaulic Co., and Westlake Corp. Also, the piping and fittings market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.