Global Water and Wastewater Pipe Market

Water and Wastewater Pipe Market Size, Share, Growth Analysis, By Material(Plastic, Metal), By Application(Agricultural, Industrial) - Industry Forecast 2024-2031

Report ID: SQMIG20B2063 | Region: Global | Published Date: March, 2024
Pages: 157 | Tables: 65 | Figures: 71

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water and wastewater pipe market size was valued at USD 31.5 billion in 2022 and is poised to grow from USD 33.55 billion in 2023 to USD 55.52 billion by 2031, growing at a CAGR of 6.5% in the forecast period (2024-2031).

Water and wastewater pipe producers should focus on collaborating with municipal organizations to expand their business scope and boost revenue generation potential in the long run. Companies could also opt for mergers and acquisitions to enhance their market share in the landscape going forward. Market players can also take advantage of growing awareness regarding the importance of clean water and boost their product sales in water treatment plants. Companies should also focus on acquiring government contracts to bolster their market presence. Product innovation and expansion of product portfolio are also slated to key areas of focus for established as well as incoming water and wastewater pipe vendors in the future. 'Future Pipe Industries', 'Tyman plc.', 'Mexichem S.A.B. de C.V.', 'ThyssenKrupp AG', 'China Lesso Group Holdings Limited', 'Tenaris S.A', 'CEMEX SAB de CV', 'JM EAGLE, INC.', 'Saint-Gobain Group', 'GF Piping Systems', 'NIPPON STEEL CORPORATION', 'AMERICAN (American Cast Iron Pipe Company)', 'JM EAGLE, INC.', 'Sekisui Chemical', 'Orbia', 'Aliaxis Group SA/NV'

The growing world population has also resulted in a high demand for clean water and effective management of wastewater, which in turn, is driving up the demand for water and wastewater pipes.

Renovation of Old Water Supply and Treatment Systems: Water supply and wastewater management systems in several parts of the world were built long ago and are now starting to deteriorate, which is why governments are investing in their renovation and redesign. Water and wastewater pipe suppliers can focus on these renovation projects to maximize their sales potential and improve business scope in the future.

North America accounts for a sizeable share of the water and wastewater pipe market. High awareness regarding water quality and the presence of a robust water supply and management network in North American countries allow this region to account for a dominant market share. The United States and Canada are slated to lead the demand for water and wastewater pipes in this region over the coming years. The presence of established water and wastewater pipe manufacturers and suppliers in this region also contributes to its high market share. High focus on treating wastewater in this region will create lucrative opportunities for water and wastewater pipe suppliers going forward.

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Global Water and Wastewater Pipe Market

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