Composite Pipes For Construction
Market
Composite Pipes For Construction Market Scope:
Industry Analysis, Market Size, Growth, Trends Till
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Composite Pipes For Construction Market Size and Growth
The Composite Pipes for Construction market is experiencing robust growth, driven by increasing demand for lightweight, corrosion-resistant materials. As of 2023, the market size is estimated to reach approximately $1.2 billion, reflecting a compound annual growth rate of around 7%. Key applications include water supply, drainage, and industrial use, enhancing efficiency and durability.
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Companies Covered
(Covid 19 Impact Covered)
◍ National Oilwell Varco (NOV)
◍ TechnipFMC
◍ AMIBLU
◍ Farassan
◍ Future Pipe Industries (FPI)
◍ Baker Hughes
◍ SoluForce
◍ Strohm
◍ Butting Group
◍ The Japan Steel Works (JSW)
◍ NobelClad
◍ Proclad
◍ Inox Tech
◍ Gieminox
◍ Cladtek Holdings
◍ EEW Group
◍ Canadoil Group
The Composite Pipes for Construction Market features key players like National Oilwell Varco and TechnipFMC, which innovate durable solutions. Companies such as AMIBLU and Future Pipe Industries enhance product offerings, while Baker Hughes and SoluForce drive market expansion. Notable revenues include:
- National Oilwell Varco: $8.3 billion
- TechnipFMC: $6.2 billion
- Future Pipe Industries: $1.5 billion.
◍ Xinxing Ductile
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Market Segmentation
By Application
Water Supply and Drainage Pipe
Heating Pipe
Others
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By Product
Clad Pipes
Non-metal Composite Pipe
$ 313.00 Million
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