Pipe fitting is the occupation of installing or repairing piping or tubing systems that convey liquid, gas, and occasionally solid materials. This work involves selecting and preparing pipe or tubing, joining it together by various means, and the location and repair of leaks.
Pipe fitting work is done in many different settings: HVAC, manufacturing, hydraulics, refineries, nuclear-powered Supercarriers and Fast Attack Submarines computer chip fab plants, power plant construction and other steam systems.
Pipe components are typically used in laying pipelines that provide means of transport for fluids into and out of the building. Given that efficient Pipe is a critical requirement for all buildings, demand for pipe fittings and fixtures is dependent on the level of construction activity, which in turn is influenced by the overall health of the economy. The level of economic growth and construction activity primarily dictates market prospects for pipe fittings.
Rapid urbanization in developing countries will continue to drive growth in the market, since strong urban concentration will trigger increases in infrastructure expenditure, and urban planning. The creation of large megacities involves the construction of high-rise buildings and skyscrapers, which in turn increases prospects for pipe work, thus driving market prospects for pipe fittings and fixtures.
The industry concentration is relatively high in USA. Manufactures are distributed around the USA. Leading players in Pipe fitting industry are Mueller Water Products, Mueller Industries, McWane and Charlotte Pipe. Mueller Water Products is the largest manufacturer, with the sales market share of 14.05% in 2015. The top four companies occupied about 41.63% sales share of the market in 2015.
Under the influence of raw material, market competitions and economic conditions, the price of Pipe fitting is increasing recently because of the downstream demand. In the next few years, we predict that price will continue in an unstable trend. As competition intensifies, prices gap between different applications will go a larger gap.
The global Pipe Fittings market was xx million US$ in 2018 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2019 and 2025.
This report studies the Pipe Fittings market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Pipe Fittings in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Mueller Water Products
Ward Manufacturing (Hitachi)
The Phoenix Forge Group
By the product type, the market is primarily split into
Metal Pipe Fittings
Plastic Pipe Fittings
Other Pipe Fittings
By the end users/application, this report covers the following segments
Fire protection systems
Other steam systems
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Pipe Fittings market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Pipe Fittings market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Pipe Fittings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Pipe Fittings with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Pipe Fittings submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Pipe Fittings are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (M Pcs). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Pipe Fittings market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Pipe Fittings market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.