Description
US Water and Wastewater Pipe Market Research Report Forecast to 2027
Market Overview
The US water and wastewater pipes market is expected to be driven by various factors, such as the growing construction industry and an increase in water and wastewater treatment applications. However, volatile raw material prices and concerns regarding PVC pipes disposal are some factors that might hinder the market growth during the forecast period. The US water and wastewater pipes market is expected to grow at a 7.8% CAGR during the forecast period.
A water pipe is a pipe designed to transport treated water for various purposes. In comparison, a wastewater pipe is designed to transport wastewater or sewage for treatment or disposal purposes. These pipes are made using various materials, such as plastic, metal, concrete, and clay, manufactured in various diameters and sizes as per their applications. These pipes are used for applications in the residential, agriculture, and industrial sectors.
The US water and wastewater pipes market is expected to witness moderate growth over the forecast period. The growth of the water and wastewater pipes market is primarily driven by the growing construction industry and the increase in water and wastewater treatment applications. However, volatile raw material prices and concerns regarding PVC pipes disposal are expected to hinder the market’s growth. On the other hand, the increase in operations and maintenance activities is expected to present lucrative opportunities for market vendors.
Market Segmentation
This study of the US water and wastewater pipes market provides detailed information about the industry trends and dynamics, market size, competitive landscape, and growth opportunities. This research report categorizes the water and wastewater pipes market based on material type and application. Based on material type, the water, and wastewater pipes market has been segmented into plastic pipe, metal pipe, concrete pipe, and clay pipe. Based on application, the water and wastewater pipes market is segmented into municipal, industrial, and agricultural.
By material type, the plastic pipe segment holds the largest market share and is expected to register the highest CAGR during the forecast period. By application, the municipal segment is the most significant contributor to the water and wastewater pipes market and is expected to register the highest CAGR between 2021 and 2027.
Major Players
The major market players in the US water and wastewater pipe market are Berkshire Hathaway Inc, Charlotte Pipe & Foundry Company, Chevron Phillips Chemical Company LLC, Hobas Engineering Gmbh, Cambridge-Lee Industries LLC, Polypipe Incorporated, Logan Clay Products LLC, and AB&I Foundry.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
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