Technavio, a leading provider of market research reports, has released its latest study on Water And Wastewater Pipe Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. The water and wastewater pipe market is witnessing a notable trend towards the adoption of anti-microbial pipes. This shift is primarily driven by heightened concerns over water quality, public health, and the prevention of biofilm formation within piping systems. Anti-microbial pipes are engineered with materials or coatings that impede the growth of bacteria, fungi, and other detrimental microorganisms, thereby ensuring a cleaner water supply and minimizing the risk of contamination. This trend holds significant importance in sectors such as healthcare, food processing, and residential plumbing, where maintaining stringent hygiene standards is essential. For instance, in March 2024, Aliaxis unveiled the first-ever anti-microbial UPVC pipes in India, addressing concerns regarding water supply contamination.
The global water and wastewater pipe market size is estimated to grow by USD 22954.4 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 6.26% during the forecast period. Increasing urban population globally is driving market growth, with a trend towards increasing popularity of anti-microbial pipes However, environmental impact of pipe materials poses a challenge.Key market players include Advanced Drainage Systems Inc., Aliaxis Holdings SA, Astral Ltd., China Lesso Group Holdings Ltd., Geberit International AG, Georg Fischer Ltd., ISCO Industries, JM Eagle Inc, Logan Clay Products LLC, McWane Inc., Mueller Water Products Inc, Nippon Steel Corp., Northwest Pipe Co, Pipelife International GmbH, Saudi Arabian Amiantit Co., Sekisui Chemical Co. Ltd., Tata Steel Ltd., Tenaris SA, Tessenderlo Group NV, and Wavin BV.
Know what is trending in the market - Access a free sample report!
The global construction and engineering market encompasses businesses specializing in non-residential construction, comprising engineering service providers and Engineering, Procurement, and Construction (EPC) contractors. Residential construction companies are excluded from this market. According to Technavio, the market's size is determined by the consolidated revenue generated by engineering firms and EPC contractors functioning in the non-residential sector. Key growth drivers for the construction and engineering market include the surging demand for urban infrastructure improvements in metropolitan areas. Population expansion and escalating requirements for transportation, communication services, and essential utilities, including water and wastewater, necessitate substantial investments in infrastructure development.
The Water And Wastewater Pipe Market is experiencing significant growth, fueled by the Increasing urban population globally. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
For insights on company offerings- Request a sample report!
The Water and Wastewater Pipe Market represents a significant business opportunity, driven by increasing infrastructure investments and stringent regulations. Demand is fueled by the need for water and wastewater treatment and distribution, with key applications including residential, commercial, and industrial sectors. Market growth is further bolstered by technological advancements, such as smart pipes and leak detection systems. Overall, this sector offers substantial expansion potential for businesses involved in pipe manufacturing, installation, and maintenance.
The water and wastewater pipe market is experiencing significant growth due to the increasing demand for portable water and the generation of wastewater from population growth. The manufacturing of water pipes, including clay, concrete, metal, and plastic pipes, plays a crucial role in meeting this demand. Plastic-based pipes, in particular, have gained popularity due to their lightweight, durability, and cost-effectiveness. Strategic activities such as desalination techniques and wastewater management are essential in addressing water scarcity issues caused by pollution, groundwater depletion, and population growth. Desalination facilities, using Energy Star water technology, are becoming increasingly important in providing clean water for agricultural and domestic use. However, the market also faces challenges such as leakages, contamination, and health problems associated with aging infrastructure. The Internet of Things (IoT) and live surveillance are being adopted by water service firms to monitor and maintain their networks, reducing the risk of contamination and ensuring water availability for sanitation and other essential uses. Overall, the water and wastewater pipe market is expected to continue growing, driven by population increase, water demand, and the need for sustainable water management solutions.
Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/