Global Concrete Pipe Market Report 2018: Trends, Forecast and Competitive Analysis 2012-2023 - Market is Expected to Reach an Estimated $23.7 Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Concrete Pipe Market Report: Trends, Forecast and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.
The global concrete pipe market is expected to reach an estimated $23.7 billion by 2023 with a CAGR of 2.5% from 2018 to 2023.
The future of the global concrete pipe market looks good with opportunities in the sewage, drainage, potable water, and irrigation sectors. The major growth drivers for this market are residential and non-residential construction activities and the replacement of aging pipelines.
Emerging trend, which have a direct impact on the dynamics of the concrete pipe market, include increased usage of vibration casting technology in concrete pipes.
The report forecasts that reinforced concrete pipe is expected to remain the largest segment and also witness the highest growth over the forecast period due to its high strength, low cost, and durability.
Within the global concrete pipe market, sewage will remain the largest application and witness the highest growth during the forecast period due to continued infrastructural spending across the globe.
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period supported by increasing infrastructure development and construction activities.
Scope of the Report
Application [Value ($ Million) and Volume (Million Tons) from 2012 to 2023]:Potable Water Sewage Drainage Irrigation Others
Product [Value ($ Million) and Volume (Million Tons) from 2012 to 2023]:Pre-Stressed Concrete Cylinder Pipes Pre-Stressed Reinforced Concrete Pipes Reinforced Concrete Pipes Bar-Wrapped Steel Cylinder Pipes Others
Diameter [Value ($ Million) and Volume (Million Tons) from 2012 to 2023]:Small Diameter Medium Diameter Large Diameter
Pressure Rating [Value ($ Million) from 2012 to 2023]:Low Pressure Pipes Medium Pressure Pipes High Pressure Pipes
Companies MentionedCEMEX S.A.B de C.V. CPM Drainage Group Forterra Inc. NOV Ameron Water Transmission Group OKA Corporation BHD Old Castle Precast Inc. Saudi Arabian Amiantit The Indian Hume Pipe Co. Ltd. Thompson Pipe Group Xinjiang Guotong Pipeline Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/b78kj3/global_concrete?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005840/en/
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Related Topics:Cement and Concrete ,Composites ,Pipes
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/03/2018 01:19 PM/DISC: 12/03/2018 01:19 PM