North America Pipe Market, By Product (Steel, Plastics and Concrete Pipe), Pipe Size (Upto ½ Inches, ½ to 1 Inches, 1 to 2 Inches, 2-5 Inches, 5-10 Inches, 10-20 Inches and Above 20 Inches), Application (Building, Infrastructure, Industrial and Agriculture), Distribution Channel (Direct Selling and Retail Selling), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2029.
Market Analysis and Insights: North America Pipe Market
North America pipe market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.1% in the forecast period of 2022 to 2029 and expected to reach USD 34,854.81 million by 2029.
Pipe is a hollow tube shaped structure composed of varying materials such as metals, steel, aluminium, plastics, concrete and others. These are used to provide a covering to the streaming water or liquid substances. Pipes are used for both domestic and commercial purposes. Pipes are available in different diameter sizes and are used by various end user verticals like oil and gas, pharmaceutical, chemicals and petrochemicals, water and wastewater, residential, commercial, HVAC, automotive, food processing and others. Pipes allow easy transportation of liquid substances and their protective layer allows contamination free streamlining of these liquid substances.
Growing investments in infrastructures and construction activities is driving the market growth. Increasing usages of pipe for both domestic and commercial applications is acting as a potential market driver for the market. Also, rising renovations and remodelling activities, increasing the sales and profit of the players operating in the market.
The major restraint impacting the pipe market is the increasing environmental concerns on disposable pipes. Further, fluctuation in raw material prices will also restraint the market growth. The opportunities for the pipe are the technological advancements for manufacturing of best quality of pipe. Some of the significant drivers associated with the North America pipe market are the introduction novel technology-based pipe products.
This pipe market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Pipe Market Scope and Market Size
North America pipe market is segmented on the basis of product, pipe size, application, and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, North America pipe market is segmented into steel, plastics and concrete pipe. In 2022, plastics segment is expected to dominate in North America pipe market as plastics-based pipes are light-weighted.
- On the basis of pipe size, North America pipe market is segmented into upto ½ inches, ½ to 1 inch, 1 to 2 inches, 2-5 inches, 5-10 inches, 10-20 inches and above 20 inches. In 2022, 2-5 inches plastics-based pipes are expected to dominate in North America pipe market as there demand in farming sector is high.
- On the basis of application, North America pipe market is segmented into building, infrastructure, industrial and agriculture. In 2022, building is expected to dominate in North America pipe market as a building needs all kinds of supply of piping system.
- On the basis of distribution channel, North America pipe market is segmented into direct selling and retail selling. In 2022, retail selling is expected to dominate in North America pipe market as in retail selling there is greater inventory option.
North America Pipe Market Country Level Analysis
North America market is analysed and market size information is provided by country, product, pipe size, application, and distribution channel.
The countries covered in the North America Pipe Market report U.S., Canada, Mexico.
In 2022, U.S. is dominating in the North America region due to growing investments in infrastructures and construction activities which resulted in remodelling activities and the demand for pipes increased.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Pipe industry
North America pipe market also provides you with detailed market analysis for every country growth in installed base of different kind of products for pipe market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the pipe market. The data is available for historic period 2012 to 2020.
Competitive Landscape and Pipe Market Share Analysis
North America pipe market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America pipe market.
Some of the major players covered in the report are Orbia, Advanced Drainage System, Supreme.Co. In., and Agru among other domestic and regional players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
For instance,
- In May 2021, Alphagary, a global leader in the design and manufacture of specialty polymer compounds and a division of Orbia’s Polymer Solutions business group, announced today that it will acquire majority share ownership of Shakun Polymers Private Limited (“Shakun”), a privately held and family-owned market leader in the production of compounds for the wire and cable markets in the Indian subcontinent, the Middle East, Southeast Asia and Africa.
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