Water and Wastewater Pipe Market Insights and Industry Analysis by Material Type (Plastic Pipe, Metal Pipe, Concrete Pipe and Clay Pipe), By Application (Municipal, Industrial and Agriculture) and Region, Competitive Market Size, Share, Trends, and Forecast to 2030
May 18, 2022 07:46 ET | Source: Market Research Future
New York, US, May 18, 2022 (GLOBE NEWSWIRE) — Water and Wastewater Pipe Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Water and Wastewater Pipe Market Information by Material Type, Application, and Region – Forecast till 2030”, the market is estimated to grow at a CAGR of 6.5% CAGR to reach USD 46457.7 Million by 2030.
Piping is one of the most critical aspects of water and wastewater treatment systems. Piping helps in carrying water and wastewater from one point to another. PVC pipes are the most extensively used pipe materials.
Demand for non-metallic piping materials, especially high-density polyethylene (HDPE) and polyvinyl chloride (PVC) is increasing among the utilities as well as the engineering companies. Other than cost savings, part of this high demand is related to the developments in the materials, 100-year life expectancy, along with the advantages pertaining to the installation processes.
Market Competitive Landscape:
The affluent firms in the water and wastewater pipe market are : https://www.globenewswire.com/news-release/2022/05/18/2445920/0/en/Water-and-Wastewater-Pipe-Market-Worth-USD-46457-7-Million-by-2030-registering-a-CAGR-of-6-5-Report-by-Market-Research-Future-MRFR.html