According to a new market report published by Lucintel, the future of the concrete pipe market looks good with opportunities in the sewage, drainage, potable water, and irrigation sectors. The concrete pipe market is expected to reach an estimated $24.3 billion by 2024 with a CAGR of 2.6% from 2019 to 2024. The major growth drivers for this market are residential and non-residential construction activities and the replacement of aging pipelines.
In this market, reinforced, pre-stressed reinforced, pre-stressed concrete cylinder, and bar-wrapped steel concrete pipes are used in various end use applications. On the basis of comprehensive research, Lucintel forecasts that reinforced concrete pipe is expected to remain the largest segment and also witness the highest growth over the forecast period due to its high strength, low cost, and durability.
Within the concrete pipe market, sewage will remain the largest application and witness the highest growth during the forecast period due to continued infrastructural spending across the globe.
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period supported by increasing infrastructure development and construction activities.
An emerging trend, which have a direct impact on the dynamics of the market, include increased usage of vibration casting technology in concrete pipes. CEMEX, Forterra, Old Castle Precast, NOV, Amiantit, Indian Hume Pipe, and Con-Cast Pipe are among the major suppliers of the concrete pipe market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the concrete pipe market by product, application, diameter, pressure rating and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Concrete Pipe Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the concrete pipe market by product, application, diameter, pressure rating, and region as follows:
By Application [Value ($ Million) and Volume (Kilotons) from 2013 to 2024]:
• Potable Water
• Sewage
• Drainage
• Irrigation
• Others
By Product [Value ($ Million) and Volume (Kilotons) from 2013 to 2024]:
• Pre-Stressed Concrete Cylinder Pipes
• Pre-Stressed Reinforced Concrete Pipes
• Reinforced Concrete Pipes
• Bar-Wrapped Steel Cylinder Pipes
• Others
By Diameter [Value ($ Million) and Volume (Kilotons) from 2013 to 2024]:
• Small Diameter Pipes
• Medium Diameter Pipes
• Large Diameter Pipes

By Pressure Rating [Value ($ Million) from 2013 to 2024]:
• Low Pressure Pipes
• Medium Pressure Pipes
• High Pressure Pipes
By Region [Value ($ Million) and Volume (Kilotons) from 2013 to 2024]:
• North America
− US
− Canada
− Mexico
• Europe
− Germany
− Italy
− UK
• APAC
− China
− India
− Japan
• ROW
− Brazil
− UAE
− South Africa

This 223-page research report will enable you to make confident business decisions in this global competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… [email protected].

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report addresses the following key questions:
Q.1 What are some of the most promising, high-growth opportunities for the concrete pipe market by product (pre-stressed concrete cylinder pipes, pre-stressed reinforced concrete pipes, reinforced concrete pipes, bar-wrapped concrete pipes, and others), application (potable water, sewage, drainage, irrigation, and others), diameter (small diameter, medium diameter, and large diameter pipes) and pressure rating (low pressure, medium pressure, and high pressure pipes) and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives key players pursuing for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?