Piping And Fittings Market size in North America to grow by USD 14.84 billion from 2022 to 2027, The surge in E&P activities to drive the market growth

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11 May, 2023, 15:45 ET

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NEW YORK, May 11, 2023 /PRNewswire/ -- The piping and fittings market size in North America is estimated to increase by USD 14.84 billion from 2022 to 2027, with anCAGR of 4%, according to the recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report -Request a sample report

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak. The Bargaining Power of Buyers & Suppliers and the Threat of New Entrants, Rivalry, and Substitutes have also been analyzed and rated between LOW-HIGH to provide a holistic view of market favorability.

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The addictions therapeutics market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed Below -

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.

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Piping and fittings market in North America - Segmentation Analysis

This piping and fittings market report in North America extensively covers market segmentation by material (plastic or PVC pipe, steel pipe, copper pipe, aluminum pipe, and glass pipe).

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Piping and fittings market in North America - Market Dynamics

Key Drivers

Significant Trends

Major Challenges

Geographical AnalysisAn analysis of key leading countries has been included. The increasing demand for piping and fittings products in the US is due to the initiation of several new oil and gas pipeline projects. As of 2022, the US accounts for more than 85% of all the existing oil and gas pipeline infrastructure in North America. The US has a vast history of oil and gas exploration and refining, dating back more than a century.

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Piping And Fittings Market In North America Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2023-2027

USD 14.84 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.52

Regional analysis

North America

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Material

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

SOURCE Technavio

Technavio