What is Piping and Fittings Market Scope?
Piping and fittings are components or parts used in joining sections or products together with the other fluid controlling products such as valves and pumps. The materials used for piping and fittings are PVC, steel, copper, aluminum, plastic, etc. and it can be availed in hardware & tools stores and online stores. These piping and fittings are used to connect the pipelines for building and construction to provide leak proofing.
The Piping and Fittings market study is being classified by Type (Elbow, Reducer, Tees, Cross, Coupling Adaptors and Others), by Application (Household Appliances and Industrial Appliances) and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from United Kingdom will contribute to the maximum growth of Global Piping and Fittings market throughout the predicted period.
Saint-Gobain (France), Grohe (Lixil Group) (Germany), The Jaquar Group (India), Kohler Co. (United States), Marley Plumbing & Drainage (United Kingdom), Alumasc Building Products Ltd (United Kingdom), Pegler Yorkshire (Aalberts) (United Kingdom), Lubrizol Corporation (United States) and Hindustan Sanitaryware and Industries Ltd. (India) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Piping and Fittings market by Type, Application and Region.
On the basis of geography, the market of Piping and Fittings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 25th August 2020, Lubrizol Advanced Materials, Inc., inventors and the largest manufacturers of CPVC compound worldwide, and Prince Pipes and Fittings Ltd., has announced the signing of a FlowGuard CPVC Processor agreement for the manufacturing and sale of Prince FlowGuard Plus CPVC (Chlorinated polyvinyl chloride) pipes and fittings in India.
Influencing Market Trend
- Increasing Consumption of Elbow type Piping and Fittings
- The popularity of PVC Piping and Fittings
Market Drivers
- Growing Building and Construction Industry Around the World
- Need for Pipeline and Fittings for Securing the Mechanical and Electrical Component Together
Opportunities
- Online Availability of Piping and Fittings
- Surging Demand of Piping and Fittings Among Developing Nations
Restraints
- Corrosion and Rust Related Problems with the Piping and Fittings
Challenges
- New Entrants in the Market with Low-Quality Cheap Piping and Fittings
Key Target Audience
Piping and Fittings Manufacturers, Piping and Fittings International Traders, Piping and Fittings Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Customization available in this Study:
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