Global ABS Pipes Market Overview:
ABS Pipes Are The Pipes Manufactured From Acrylonitrile Butadiene Styrene. ABS Pipes Are The Pipes Used In Different Industries Because of Their Characteristics Like High Toughness. They Are Highly Resistant To Abrasion From Solids In Suspension, Such As Mining Slurry As Well As Most Acids, Alkalis & Salts. It Has Excellent Resistance To A Wide Range Of Chemicals, Facilitating Use In Processing Plants & In Acidic & Corrosive Environments
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Adoption of ABS Pipes In Different Industries
Market Growth Drivers:
Rise In The Adoption Of ABS Pipes In Oil & Gas Industry, Due To Its High Strength and Growth of The Chemical & Construction Industry Utilizing ABS Pipes For Transferring Liquids Owing To Its High Durability
Challenges:
Market Presence of PVC Pipes and Problems Associated With The Disposal of ABS Pipes
Restraints:
Fluctuations In The Price Of Raw Materials
Opportunities:
There Is An Increased Opportunity For Market Expansion, Owing To The Rising Usage of ABS Pipes In Sewer Systems and There Are Prospects For Growth of ABS Pipes, Due To Its Increasing Use In Electrical Industry
Competitive Landscape:
The Market for the ABS Pipes is Fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are JM Eagle Inc. (United States), Charlotte Pipe and Foundry Company (United States), Bina Plastic Industries Sdn Bhd (Malaysia), Polypipe (United Kingdom), United Poly Systems LLC (United States), IPEX Inc. (Canada), Merfish United (United States), Valencia Pipe Company (United States), American Extruded Plastics (United States) and epco Limited (United Kingdom). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global ABS Pipes market by 2028. Considering Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the ABS Pipes market. Considering Market by Diameter, the sub-segment i.e. Less than 2 Inches will boost the ABS Pipes market.
Latest Market Insights:
In March 2022, Frontier Service Partners collaborated with A.B. May, a prominent Kansas City-based company. A.B. May, established in 1959, is widely recognized as the leading provider of residential services in the area, specializing in HVAC, plumbing, and electrical solutions. This partnership represents Frontier's third successful acquisition, as the company was founded just last year with a commitment to prioritize people, fulfill promises, and foster long-term client relationships. Expanding on Frontier's existing presence in the Midwest, which was established in September 2021 through a partnership with Haley Mechanical in Dexter, Michigan, and expanded in November 2021 with Korte Does It All in Fort Wayne, Indiana, this collaboration strengthens Frontier's regional footprint.
In April 2023, Tata Steel entered into a business cooperation agreement with A&B Global Mining Pvt. Ltd. (ABGM) to capitalize on emerging business prospects and provide my technical services. These services encompass various areas including exploration, resource evaluation, mine planning & scheduling, due diligence, investment analysis, digitalization, clean/hybrid energy solutions, pre-feasibility studies, bankable feasibility studies, owner's engineering, and project management. Additionally, ABGM will collaborate with Tata Steel to deliver competitive integrated business solutions to the global mining industry.
What Can be Explored with the ABS Pipes Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global ABS Pipes Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in ABS Pipes
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global ABS Pipes market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in ABS Pipes market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of ABS Pipes, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.