Global Non-Metallic Pipes Market 2020-2024
Technavio has been monitoring the non-metallic pipes market and it is poised to grow by $ 22.56 bn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on non-metallic pipes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing use in water supply projects and significant benefits offered by non-metallic pipes over metallic pipes. In addition, growing use in water supply projects is anticipated to boost the growth of the market as well.
The non-metallic pipes market analysis includes product segment and geographical landscapes
Technavio's non-metallic pipes market is segmented as below:
- PVC pipes
- Concrete pipes
- HDPE pipes
- Reinforced composite pipes
By Geographic Landscapes
- North America
- South America
This study identifies the increasing demand for non-metallic pipes in oil and gas industry as one of the prime reasons driving the non-metallic pipes market growth during the next few years.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our non-metallic pipes market covers the following areas:
- Non-metallic pipes market sizing
- Non-metallic pipes market forecast
- Non-metallic pipes market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading non-metallic pipes market vendors that include Aliaxis Group SA, Chevron Phillips Chemical Co. LLC, China Lesso Group Holdings Ltd., Finolex Industries Ltd., J-M Manufacturing Co., Orbia Advance Corp. SAB de CV, Prinsco Inc., Sekisui Chemical Co. Ltd., THOMPSON PIPE GROUP, and Wienerberger AG. Also, the non-metallic pipes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.