Global Pipe Fittings Market by Material Types (Aluminum, Cast Iron, Copper, Glass, Plastic, Steel, and Others), Applications (Drainage and Sewage disposal, Pumps and Piping system, HVAC, Transportation Pipes, Water Supply, and Others), End-users (Agriculture, Industrial, Residential, and Others), Distribution Channel (Online, and Offline), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
Pipe Fittings Market Outlook
The global pipe fittings market size was valued at USD 29,267 Mn in 2019 and is projected to reach USD 39,905 Mn by 2027, expanding at a CAGR of 5.1% during the forecast period 2020-2027.
The market is primarily driven by increasing pipeline projects across the several countries, which is expected to boost the demand for pipe fittings among numerous industries. Conversely, frequent leakages issues are a challenge to the market.
Pipe Fittings Market Dynamics
Currently, PVC pipes are used in every household for various purposes such as for supplying gas and water; therefore, growing urbanization is expected increase the demand for pipes and fitting. Rising population is encouraging government investments in construction projects is expected to boost the pipe fittings market during the forecast period.
The usage of plastic pipes has become prominent for the distribution of wires, cables, and water, resulting in large infrastructure investments. The Government of India has invested approximately USD 1.45 trillion in infrastructure development, which has fueled the demand for pipes fittings across the nation. The pipe fittings market is expanding as a result of increased gas infrastructure initiatives.
The oil & gas industry extensively uses pipe fittings which has increased the demand for pipes across the industry. Various projects across the globe are taking place which is anticipated to boost the market growth. For instance, in 2020 the expansion of Golden Pass LNG Bidirectional Pipeline by Golden Pass Pipeline LLC began in Los Angeles and Texas, US.
Greene Interconnect Project by Mountain Valley Pipeline, LLC in West Virginia, US is aimed at offering new interconnect on MVP to deliver 1 Bcf/d to Columbia Gas Transmission KA System. Also, the Mainline 300 Replacement Project by Columbia Gulf Transmission is an upgradation project in Kentucky, US. Under the project, replacement of 775 feet of 36-inch pipe in Menifee and Montgomery Counties, Kentucky is about to take place.
Various government initiatives are also taking place in developing countries. For instance, the Government of India is focusing on rural water management, and thus has introduced various initiatives such as the Pradhan Mantri Krishi Sichaiyee Yojana (PMKSY), which is expected to fuel the pipe fittings market in the country during the forecast period.
Pipelines carry large amounts of oil and natural gas as compared to rails, ships, and trucks. One of the advantages of transporting oil and natural gas through pipelines is process efficiency. Pipeline systems use relatively less energy to transport large amounts of oil as compared to other modes of transportation; thus, reducing transportation cost and risks caused during transportation.
Additionally, transporting oil through pipelines is more eco-friendly than transporting oil through rails and tankers. Oil pipelines cause lesser pollution than other modes of transportation, as they are sealed and most run underground, which significantly reduces their carbon footprint.
The global water & wastewater equipment industry is growing significantly due to rising population, increasing manufacturing activity, rising irrigation, and surging oil & gas production. Most governments in developed and developing countries are building sewage treatment plants and modernizing old sewage treatment plants to meet the growing demand for processed food and consumer products.
Additionally, the use of pipes and fittings in the agriculture industry for cultivation requires large amounts of water supply, which increases the demand for PVC pipes for irrigation of agricultural fields, ultimately leading to the rise in the demand for pipe fittings for agricultural piping applications.
Pipe Fittings Market Segmental Outlook
By Material Type Segment
Based on material types, the market is divided into aluminum, cast iron, copper, glass, plastic, and steel. The plastic pipe fittings segment held 34.09% share of the market in 2019, owing to wide applications of PVC and PE pipe fittings in several industrial and residential piping systems. Plastic pipe fittings are prominent fittings that and are available in socket weld (otherwise known as solvent weld) and threaded styles.
Socket weld fittings are meant to be chemically welded in place, thus making installation quick and simple. Plastic pipes are usually dry, then marked as the solvent used to connect them works particularly quickly. Couplings are commonly used to link and connect straight lengths of pipe. Fittings can be provided in a range of materials common to plastic pipes, including PVC, RPVC, and CPVC. Common fittings in PVC pipe include elbows, reducers, covers, tables, waxes, joints, and crosses.
The standard cross-sectional profile for most PVC pipe or tubing fittings is circular; however, other profile shapes available in the market are square PVC fittings. Increasing use of plastic pipe fittings in supplying drainage from residences to septic tanks and its rising usage for irrigation in fields is estimated to drive the plastic segment. The cast iron segment is anticipated to expand at a CAGR of 4.9% during the forecast period. This is attributed to government initiatives across the world to build smart city projects and improve clean drinking water access.
By Applications Segment
In terms of applications, the pipe fittings market is classified as drainage and sewage disposal, pumps and piping system, HVAC, transportation pipes, water supply, and others. The water supply segment accounted for 21.52% share of the market in 2019 and is expected to expand at a substantial CAGR during the forecast period, owing to rising urbanization in several developing countries, which is increasing infrastructural developments.
Any pipe or tube designed to deliver drinking water to customers is considered as a water supply pipe. Large diameter pipes supply water to towns, smaller branch lines cater to street or groups of houses, and small diameter pipes located within individual buildings supply water to individual water outlets. The size of water pipes varies and can be as large as 3.65 meters in diameter or as small as 12.7 millimeters for individual outlets within a structure. Therefore, the pipe fittings for water supply pipes vary in shape and size, depending on the requirements. PVC, cast iron, copper, steel, concrete or burned clay are all typical materials used to make water pipes and its fittings.
Individual water pipes can be joined together to form longer runs using pipe fittings such as flange, nipple, compression, or soldered connectors. Government initiatives for better water resources management to increase water supply to the growing population in is estimated to fuel the market.
By End-users
Based on end-users, the market is categorized as agricultural, industrial, residential, and Others. The industrial segment accounted for 29.86% share of the market in 2019 and is anticipated to expand at a substantial CAGR during the forecast period. The industrial segment is further categorized into chemical industry, HVAC industry, oil & gas industry, power plants, and others.
Pipe fittings have wide range of applications in numerous industry verticals such as power & energy, food & beverage, pharmaceuticals & biotech, semiconductor, pulp & paper, construction materials, and others. A large number of pipes are used in these industries to transfer liquids, gasses, slurries, and other solids and fluids from one place to another, and hence different categories of pipe fittings are used depending on the piping material used.
Thus, pipe fittings play a pivotal role for the proper functioning of pipes and tubes in these industries for various applications. The industrial segment is anticipated to hold a significant market share, owing to rising need of transporting fluid, gas, and raw materials within the factory to complete the production process.
The residential segment is projected to expand at a significant pace during the forecast period, due to growing residential constructions in several countries, leading to high requirement for piping systems and fittings, which is expected to boost the market.
By Distribution Channels Industries
In terms of distribution channels, the pipe fittings market is bifurcated into offline and online. The offline segment accounted for 38.51% share of the market in 2019 and is expected to expand at a substantial CAGR during the forecast period. The online segment is expected to expand at considerable CAGR due to increasing e-commerce platforms across different industries resulting in high investments on e-commerce supply chain, which is expected to drive the segment during the forecast period.
Region Wise Outlook
Based on regions, the global pipe fittings market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe constituted 25.58% share of the global market in 2019 and is projected to expand at a substantial CAGR during the forecast period. Industrial developments across Asia Pacific and technological advancements in the piping industry in Europe are major factors propelling the global pipe fittings market in these regions
Key Benefits for Industry Participants & Stakeholders
- In-Depth Analysis of the Global Pipe fittings Market
- Historical, Current and Projected Market Size in Terms of Value
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on From Global Pipe fittings Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pipe Fittings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pipe Fittings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pipe Fittings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pipe Fittings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pipe Fittings Market Size & Forecast, 2017-2027
4.5.1 Pipe Fittings Market Size and Y-o-Y Growth
4.5.2 Pipe Fittings Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, By Material Type, 2017-2027
4.7 Global Pipe Industry: Overview & Trends
4.8 Overview of Water and Wastewater Supply
Chapter 5 Global Pipe Fittings Market Analysis and Forecast by Material Types
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Material Types
5.1.2 Basis Point Share (BPS) Analysis by Material Types
5.1.3 Absolute $ Opportunity Assessment by Material Types
5.2 Pipe Fittings Market Size Forecast by Material Types
5.2.1 Aluminum
5.2.2 Cast iron
5.2.3 Copper
5.2.4 Glass
5.2.5 Plastic
5.2.5.1 PVC
5.2.5.1.1 RPVC
5.2.5.1.2 CPVC
5.2.5.2 Others
5.2.6 Steel
5.2.7 Others
5.3 Market Attractiveness Analysis by Material Types
Chapter 6 Global Pipe Fittings Market Analysis and Forecast by Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Application
6.1.2 Basis Point Share (BPS) Analysis by Application
6.1.3 Absolute $ Opportunity Assessment by Application
6.2 Pipe Fittings Market Size Forecast by Application
6.2.1 Drainage and Sewage disposal
6.2.2 Pumps and Piping system
6.2.3 HVAC
6.2.4 Transportation Pipes
6.2.5 Water supply
6.2.6 Others
6.3 Market Attractiveness Analysis by Application
Chapter 7 Global Pipe Fittings Market Analysis and Forecast by End User
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by End User
7.1.2 Basis Point Share (BPS) Analysis by End User
7.1.3 Absolute $ Opportunity Assessment by End User
7.2 Pipe Fittings Market Size Forecast by End User
7.2.1 Agriculture
7.2.2 Industrial
7.2.3 Residential
7.2.3.1 Chemical Industry
7.2.3.2 HVAC industry
7.2.3.3 Oil and Gas Industry
7.2.3.4 Power Plants
7.2.3.5 Others
7.2.4 Others
7.3 Market Attractiveness Analysis by End User
Chapter 8 Global Pipe Fittings Market Analysis and Forecast by Distribution Channel
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Distribution Channel
8.1.2 Basis Point Share (BPS) Analysis by Distribution Channel
8.1.3 Absolute $ Opportunity Assessment by Distribution Channel
8.2 Pipe Fittings Market Size Forecast by Distribution Channel
8.2.1 Online
8.2.2 Offline
8.3 Market Attractiveness Analysis by Distribution Channel
Chapter 9 Global Pipe Fittings Market Analysis and Forecast by Region
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities by Region
9.1.2 Basis Point Share (BPS) Analysis by Region
9.1.3 Absolute $ Opportunity Assessment by Region
9.2 Pipe Fittings Market Size Forecast by Region
9.2.1 North America
9.2.2 Europe
9.2.3 Asia Pacific
9.2.4 Latin America
9.2.5 Middle East & Africa (MEA)
9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
10.1 Introduction
10.2 Current & Future Impact Analysis
10.3 Economic Impact Analysis
10.4 Government Policies
10.5 Investment Scenario
Chapter 11 North America Pipe Fittings Analysis and Forecast
11.1 Introduction
11.2 North America Pipe Fittings Market Size Forecast by Country
11.2.1 U.S.
11.2.2 Canada
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 North America Pipe Fittings Market Size Forecast by Material Types
11.6.1 Aluminum
11.6.2 Cast iron
11.6.3 Copper
11.6.4 Glass
11.6.5 Plastic
11.6.5.1 PVC
11.6.5.2 Others
11.6.6 Steel
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Material Types
11.8 Absolute $ Opportunity Assessment by Material Types
11.9 Market Attractiveness Analysis by Material Types
11.10 North America Pipe Fittings Market Size Forecast by Application
11.10.1 Drainage and Sewage disposal
11.10.2 Pumps and Piping system
11.10.3 HVAC
11.10.4 Transportation Pipes
11.10.5 Water supply
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Application
11.12 Absolute $ Opportunity Assessment by Application
11.13 Market Attractiveness Analysis by Application
11.14 North America Pipe Fittings Market Size Forecast by End User
11.14.1 Agriculture
11.14.2 Industrial
11.14.3 Residential
11.14.3.1 Chemical Industry
11.14.3.2 HVAC industry
11.14.3.3 Oil and Gas Industry
11.14.3.4 Power Plants
11.14.3.5 Others
11.14.4 Others
11.15 Basis Point Share (BPS) Analysis by End User
11.16 Absolute $ Opportunity Assessment by End User
11.17 Market Attractiveness Analysis by End User
11.18 North America Pipe Fittings Market Size Forecast by Distribution Channel
11.18.1 Online
11.18.2 Offline
11.19 Basis Point Share (BPS) Analysis by Distribution Channel
11.20 Absolute $ Opportunity Assessment by Distribution Channel
11.21 Market Attractiveness Analysis by Distribution Channel
Chapter 12 Europe Pipe Fittings Analysis and Forecast
12.1 Introduction
12.2 Europe Pipe Fittings Market Size Forecast by Country
12.2.1 Germany
12.2.2 France
12.2.3 Italy
12.2.4 U.K.
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Europe Pipe Fittings Market Size Forecast by Material Types
12.6.1 Aluminum
12.6.2 Cast iron
12.6.3 Copper
12.6.4 Glass
12.6.5 Plastic
12.6.5.1 PVC
12.6.5.2 Others
12.6.6 Steel
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Material Types
12.8 Absolute $ Opportunity Assessment by Material Types
12.9 Market Attractiveness Analysis by Material Types
12.10 Europe Pipe Fittings Market Size Forecast by Application
12.10.1 Drainage and Sewage disposal
12.10.2 Pumps and Piping system
12.10.3 HVAC
12.10.4 Transportation Pipes
12.10.5 Water supply
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Application
12.12 Absolute $ Opportunity Assessment by Application
12.13 Market Attractiveness Analysis by Application
12.14 Europe Pipe Fittings Market Size Forecast by End User
12.14.1 Agriculture
12.14.2 Industrial
12.14.3 Residential
12.14.3.1 Chemical Industry
12.14.3.2 HVAC industry
12.14.3.3 Oil and Gas Industry
12.14.3.4 Power Plants
12.14.3.5 Others
12.14.4 Others
12.15 Basis Point Share (BPS) Analysis by End User
12.16 Absolute $ Opportunity Assessment by End User
12.17 Market Attractiveness Analysis by End User
12.18 Europe Pipe Fittings Market Size Forecast by Distribution Channel
12.18.1 Online
12.18.2 Offline
12.19 Basis Point Share (BPS) Analysis by Distribution Channel
12.20 Absolute $ Opportunity Assessment by Distribution Channel
12.21 Market Attractiveness Analysis by Distribution Channel
Chapter 13 Asia Pacific Pipe Fittings Analysis and Forecast
13.1 Introduction
13.2 Asia Pacific Pipe Fittings Market Size Forecast by Country
13.2.1 China
13.2.2 Japan
13.2.3 South Korea
13.2.4 India
13.2.5 Australia
13.2.6 South East Asia (SEA)
13.2.7 Rest of Asia Pacific (APAC)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Asia Pacific Pipe Fittings Market Size Forecast by Material Types
13.6.1 Aluminum
13.6.2 Cast iron
13.6.3 Copper
13.6.4 Glass
13.6.5 Plastic
13.6.5.1 PVC
13.6.5.2 Others
13.6.6 Steel
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Material Types
13.8 Absolute $ Opportunity Assessment by Material Types
13.9 Market Attractiveness Analysis by Material Types
13.10 Asia Pacific Pipe Fittings Market Size Forecast by Application
13.10.1 Drainage and Sewage disposal
13.10.2 Pumps and Piping system
13.10.3 HVAC
13.10.4 Transportation Pipes
13.10.5 Water supply
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Application
13.12 Absolute $ Opportunity Assessment by Application
13.13 Market Attractiveness Analysis by Application
13.14 Asia Pacific Pipe Fittings Market Size Forecast by End User
13.14.1 Agriculture
13.14.2 Industrial
13.14.3 Residential
13.14.3.1 Chemical Industry
13.14.3.2 HVAC industry
13.14.3.3 Oil and Gas Industry
13.14.3.4 Power Plants
13.14.3.5 Others
13.14.4 Others
13.15 Basis Point Share (BPS) Analysis by End User
13.16 Absolute $ Opportunity Assessment by End User
13.17 Market Attractiveness Analysis by End User
13.18 Asia Pacific Pipe Fittings Market Size Forecast by Distribution Channel
13.18.1 Online
13.18.2 Offline
13.19 Basis Point Share (BPS) Analysis by Distribution Channel
13.20 Absolute $ Opportunity Assessment by Distribution Channel
13.21 Market Attractiveness Analysis by Distribution Channel
Chapter 14 Latin America Pipe Fittings Analysis and Forecast
14.1 Introduction
14.2 Latin America Pipe Fittings Market Size Forecast by Country
14.2.1 Brazil
14.2.2 Mexico
14.2.3 Rest of Latin America (LATAM)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Latin America Pipe Fittings Market Size Forecast by Material Types
14.6.1 Aluminum
14.6.2 Cast iron
14.6.3 Copper
14.6.4 Glass
14.6.5 Plastic
14.6.5.1 PVC
14.6.5.2 Others
14.6.6 Steel
14.6.7 Others
14.7 Basis Point Share (BPS) Analysis by Material Types
14.8 Absolute $ Opportunity Assessment by Material Types
14.9 Market Attractiveness Analysis by Material Types
14.10 Latin America Pipe Fittings Market Size Forecast by Application
14.10.1 Drainage and Sewage disposal
14.10.2 Pumps and Piping system
14.10.3 HVAC
14.10.4 Transportation Pipes
14.10.5 Water supply
14.10.6 Others
14.11 Basis Point Share (BPS) Analysis by Application
14.12 Absolute $ Opportunity Assessment by Application
14.13 Market Attractiveness Analysis by Application
14.14 Latin America Pipe Fittings Market Size Forecast by End User
14.14.1 Agriculture
14.14.2 Industrial
14.14.3 Residential
14.14.3.1 Chemical Industry
14.14.3.2 HVAC industry
14.14.3.3 Oil and Gas Industry
14.14.3.4 Power Plants
14.14.3.5 Others
14.14.4 Others
14.15 Basis Point Share (BPS) Analysis by End User
14.16 Absolute $ Opportunity Assessment by End User
14.17 Market Attractiveness Analysis by End User
14.18 Latin America Pipe Fittings Market Size Forecast by Distribution Channel
14.18.1 Online
14.18.2 Offline
14.19 Basis Point Share (BPS) Analysis by Distribution Channel
14.20 Absolute $ Opportunity Assessment by Distribution Channel
14.21 Market Attractiveness Analysis by Distribution Channel
Chapter 15 Middle East & Africa (MEA) Pipe Fittings Analysis and Forecast
15.1 Introduction
15.2 Middle East & Africa (MEA) Pipe Fittings Market Size Forecast by Country
15.2.1 Saudi Arabia
15.2.2 South Africa
15.2.3 UAE
15.2.4 Rest of Middle East & Africa (MEA)
15.3 Basis Point Share (BPS) Analysis by Country
15.4 Absolute $ Opportunity Assessment by Country
15.5 Market Attractiveness Analysis by Country
15.6 Middle East & Africa (MEA) Pipe Fittings Market Size Forecast by Material Types
15.6.1 Aluminum
15.6.2 Cast iron
15.6.3 Copper
15.6.4 Glass
15.6.5 Plastic
15.6.5.1 PVC
15.6.5.2 Others
15.6.6 Steel
15.6.7 Others
15.7 Basis Point Share (BPS) Analysis by Material Types
15.8 Absolute $ Opportunity Assessment by Material Types
15.9 Market Attractiveness Analysis by Material Types
15.10 Middle East & Africa (MEA) Pipe Fittings Market Size Forecast by Application
15.10.1 Drainage and Sewage disposal
15.10.2 Pumps and Piping system
15.10.3 HVAC
15.10.4 Transportation Pipes
15.10.5 Water supply
15.10.6 Others
15.11 Basis Point Share (BPS) Analysis by Application
15.12 Absolute $ Opportunity Assessment by Application
15.13 Market Attractiveness Analysis by Application
15.14 Middle East & Africa (MEA) Pipe Fittings Market Size Forecast by End User
15.14.1 Agriculture
15.14.2 Industrial
15.14.3 Residential
15.14.3.1 Chemical Industry
15.14.3.2 HVAC industry
15.14.3.3 Oil and Gas Industry
15.14.3.4 Power Plants
15.14.3.5 Others
15.14.4 Others
15.15 Basis Point Share (BPS) Analysis by End User
15.16 Absolute $ Opportunity Assessment by End User
15.17 Market Attractiveness Analysis by End User
15.18 Middle East & Africa (MEA) Pipe Fittings Market Size Forecast by Distribution Channel
15.18.1 Online
15.18.2 Offline
15.19 Basis Point Share (BPS) Analysis by Distribution Channel
15.20 Absolute $ Opportunity Assessment by Distribution Channel
15.21 Market Attractiveness Analysis by Distribution Channel
Chapter 16 Competition Landscape
16.1 Pipe Fittings Market: Competitive Dashboard
16.2 Global Pipe Fittings Market: Market Share Analysis, 2019
16.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
16.3.1 Compagnie de Saint-Gobain
16.3.2 Mueller Water Products, Inc.
16.3.3 McWane, Inc.
16.3.4 Charlotte Pipe and Foundry
16.3.5 Ward Manufacturing LLC
16.3.6 Core Pipe
16.3.7 Plasson Industries Ltd
16.3.8 Aliaxis Group SA
16.3.9 ASC Engineered Solutions
16.3.10 Aquatherm
16.3.11 GF Piping Systems
16.3.12 Viking Johnson
16.3.13 AVK Holding A/S