Lucintel’s latest market report analyzed that water and wastewater pipe provides attractive opportunities in potable water, wastewater, and irrigation sectors. The water and wastewater pipe market is expected to reach $127.9 billion by 2028 with a CAGR of 7.2%. In this market, plastic pipe is the largest segment by material, whereas small diameter pipes is largest by diameter type. Usage of anti-microbial plastic pipes to improve hygiene, development of multilayer material in water and wastewater pipes, replacement of traditional material pipes with eco-friendly ABS and PE plastic pipes and FRP pipes, and increasing use of FRP pipes with increasing trenchless technology in the construction industry provides strategic growth path in this market.
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Based on material, the water and wastewater pipe market is segmented into metal pipes, plastic pipes, concrete pipes, and others. The plastic pipes segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, because it has a long life span and excellent resistance to corrosion, durability, and low maintenance.
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71 – Tables
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The Water and Wastewater Pipe Market is marked by the presence of several big and small players. Some of the prominent players offering water and wastewater pipe include Orbia, Sekisui Chemical, China Lesso Group Holdings Limited, Compagnie de Saint-Gobain SA, and Tenaris SA.
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