Report ID: SQMIG20B2063
Report ID:
SQMIG20B2063 |
Region:
Global |
Published Date: March, 2024
Pages:
157
|
Tables:
65 |
Figures:
71
North America accounts for a sizeable share of the global water and wastewater pipe market. High awareness regarding water quality and the presence of a robust water supply and management network in North American countries allow this region to account for a dominant market share. The United States and Canada are slated to lead the demand for water and wastewater pipes in this region over the coming years. The presence of established water and wastewater pipe manufacturers and suppliers in this region also contributes to its high market share. High focus on treating wastewater in this region will create lucrative opportunities for water and wastewater pipe suppliers going forward.
High investments in infrastructure development and a rapidly expanding population base are key factors that allow the Asia Pacific region to emerge as the fastest-growing regional market in the world. Rapid urbanization and industrialization are also estimated to influence the sales of water and wastewater pipes in this region. China and India are forecasted to be the key markets for water and wastewater pipe suppliers in this region going forward. Availability of cheap labor and raw materials in the Asia Pacific region will make it a haven for water and wastewater pipe manufacturers looking to get the best return on their investments in the future.
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Report ID: SQMIG20B2063