Latest News- Piping And Fittings Market in North America: Plastic or PVC pipe is expected to lead the Material segment during 2025-2029

The Piping And Fittings Market in North America is being driven by Surge in E and P activities

The Piping And Fittings Market in North America is expected to grow at a CAGR of 4.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 16.6 billion. In the North American market, piping and fittings are essential components for various industries, including construction, agriculture, energy, chemical, and industrial sectors. These applications necessitate pipes with superior flexibility, flow efficiency, temperature, and chemical resistance. Vendors in this market are innovating by enhancing the properties of raw materials used in manufacturing pipes. For instance, the use of reinforced polymer concrete in producing concrete pipes, utilized in sewers and drainages, has gained traction. This advanced material offers enhanced strength to the pipes, making them more durable in harsh sulfuric acid environments prevalent in sewage systems. Overall, the focus on improving pipe performance through material advancements is a key trend in the North American piping and fittings market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Material
  • Plastic or PVC pipe
  • Steel pipe
  • Copper pipe
  • Aluminum pipe
  • Glass pipe
• Geography
  • North America
    • Canada
    • Mexico
    • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Surge in E and P activities
• Rising construction and infrastructure development activities
• Changing climate conditions

However, the market also witnesses some limitations, which are as follows:

• Volatile input cost
• Higher amount of complex decisions
• Regular updating of regulations

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Market Scope in Piping And Fittings Market in North America Research Report

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Research Analysis Overview

The North American Piping and Fittings Market encompasses various types of pipes, including those made of Plumbing Systems such as Polyvinyl Chloride (PVC), High-Density Polyethylene (HDPE), and Chlorinated Polyvinyl Chloride (CPVC), among others. These pipes offer robustness, resilience against corrosion, and longevity, making them ideal for Sewage systems and heavy irrigation reliant applications in agriculture for Crop production. Additionally, they cater to the increasing demand for clean-drinking water in Residential structures and Water supply systems. Materials like Brass Pipes, Cast Iron Pipes, Aluminum Pipes, and Galvanized Steel pipes also find extensive use due to their durability, flexibility, and resistance to movements. Overall, the market is driven by the need for reliable piping solutions in various industries, including sewage and water supply.

Market Research Overview

The Piping and Fittings market in North America is a significant segment of the global building products industry, encompassing companies that manufacture plumbing systems and related components, including Polyvinyl Chloride (PVC), High-Density Polyethylene (HDPE), Copper, Concrete Pipes, Chlorinated Polyvinyl Chloride (CPVC), Acrylonitrile Butadiene Styrene (ABS), Brass Pipes, Cast Iron Pipes, and Aluminum Pipes. According to Technavio, the global building products market, which includes revenues from manufacturers of building and home improvement products and equipment, is experiencing robust growth. Key drivers include the expansion of the construction sector in both developed and developing economies, fueled by the urgent need to address urbanization and public healthcare infrastructure development.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/