Market Trends

Global  Pipes and Fittings Market  is forecast to reach $8 billion by 2025, growing at a CAGR of 4.7% during the forecast period from 2020 to 2025. The Pipes and Fittings market is driven primarily by the factors such as increasing urbanization leading to infrastructure growth, and growing demand towards plastic pipes. Moreover, rising use of pipes and fittings in mining industries and chemical industries can help the market to grow further. Adoption of steel pipes and fittings by various industries can also help the market to rise significantly during the forecast period. Key Takeaways Rapid urbanization has caused rise in infrastructure developments, thus leading to high market demands in plastic piping market across the globe. Increased pipeline projects due to high gas infrastructure demands are majorly driving the pipes and fittings market. With high demands from automotive sectors, fittings market is expected to rise in APAC region during the forecast period 2020-2025. Request Sa