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Global Water and Wastewater Pipeline Market to Grow Significantly: Industry Analysis and Forecast

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4 months ago

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The Global Water and Wastewater Pipes Market is critical to water supply, wastewater, and wastewater management and is driven by urbanization, industrial growth, and increasing infrastructure needs. The market is dominated by durable plastic pipes serving the municipal, industrial, and agricultural sectors

BOSTON, May 31, 2024 /PRNewswire/ — “According to the latest BCC Research study, the demand for Global Water and Wastewater Pipes Market will reach $37.1 billion by 2028, and the growth rate is 7.5% for the forecast period 2023-2028.

The global water and wastewater pipes market is segmented by material (plastic, metal, and others), application (water supply and wastewater management), and end use (municipal and industrial). It excludes pipes for industrial wastewater management and agricultural purposes. The market is analyzed across four regions: North America, Europe, Asia-Pacific, and the Rest of the World. The study uses 2022 as the base year and provides market estimates and forecasts in millions of U.S. dollars from 2023 to 2028.

Interesting Facts about the Global Water and Wastewater Pipes Market

With an annual replacement rate of only 0.50%, many developed countries are gradually replacing their outdated pipes. Much of the water infrastructure, including World War II-era pipes, is still operating. While the 100-year lifespan of modern PVC pipes provides a long-lasting solution, the sluggish replacement rate jeopardizes the dependability and purity of the water.

To learn more about the ‘Global Water and Wastewater Pipes Market Report’, please click here for more information.

The following factors drive The Global Water and Wastewater Pipes Market:

High Number of Water Leaks: Water leaks are a significant concern worldwide due to aging infrastructure, corrosion, and general wear and tear. These issues lead to considerable water losses, which impact both municipal and industrial water systems. The need for efficient water distribution networks is therefore crucial, as better-quality pipes can significantly minimize leaks and losses. Addressing these leaks not only conserves water but also ensures a more reliable supply for various needs. 

Infrastructural Development in Regions: As regions undergo population growth and urbanization, the demand for improved infrastructure, including water supply and sanitation systems, rises. This growth necessitates substantial investments in construction projects, encompassing both residential and commercial developments. Consequently, the demand for high-quality water and wastewater pipes increases, as they are essential for supporting these expanding infrastructures and ensuring adequate water distribution and waste management.

Governments’ Increased Focus on Water and Wastewater Management: Governments around the world are increasingly recognizing the critical importance of sustainable water management. This recognition translates into substantial investments in projects aimed at enhancing water supply, treatment, and distribution systems. Economic growth and environmental concerns drive these initiatives, which significantly benefit the pipe market. By improving water infrastructure, governments can ensure more efficient water use and better environmental stewardship.

Use of Sustainable Materials in Pipes: The water pipe industry is gradually shifting towards the use of more environmentally friendly materials. For example, plastic pipes are becoming more popular due to their durability, resistance to corrosion, and ease of installation. The use of these sustainable materials not only contributes to more efficient water distribution but also results in lower maintenance costs and promotes environmental conservation. This shift reflects a broader trend toward sustainability in industrial practices and infrastructure development.

Request a Sample Copy of the Global Water and Wastewater Pipes Market Report.

Report Synopsis

Report Metrics

Details

Base year considered

2022

Forecast Period considered

2023-2028

Base year market size

$24.3 billion

Market Size Forecast

$37.1 billion

Growth rate

CAGR of 7.5% for the forecast period of 2023-2028

Segment Covered

Material Type, Application, End-Use Sector, and Region

Regions covered

North America, Europe, Asia-Pacific, and Rest of the World (RoW)

Countries covered      

U.S., Canada, Mexico, Germany, France, U.K., Italy, Poland, China, India, and Africa

Key Market Drivers

•  High number of water leaks.

•  Infrastructural development in regions.

•  Governments’ increased focus on water and wastewater management.

•  Use of sustainable material in pipes.

 

Segmentation Analysis:

 Material Types: Plastic pipes, such as PVC, HDPE, ABS, and PEX, are widely used due to their durability, corrosion resistance, flexibility, and ease of installation. PVC is known for its affordability and long lifespan, while HDPE offers lightweight and flexible options suitable for various water systems. ABS is impact-resistant and commonly used in drainage, and PEX is prized for its flexibility in water supply lines. Metal pipes, including steel, ductile iron, and copper, provide strength and durability, with specific uses in high-pressure applications and systems requiring antimicrobial properties. Concrete pipes are preferred for large-scale infrastructure projects due to their sturdiness, and historically, clay pipes have been used in sewer systems for their durability and chemical resistance.  Applications: Pipes are essential in both water supply and wastewater management systems. For water supply, they transport clean water from sources to consumers, ensuring a reliable delivery system. In wastewater management, pipes collect and convey wastewater to treatment plants, where it is processed before being safely discharged or reused. These applications are crucial for maintaining public health and environmental standards. End Use: Pipes serve crucial roles in municipal and industrial contexts. In municipal systems, they are used for public water supply and sanitation, ensuring communities have access to clean water and effective waste disposal. In industrial settings, pipes support various processes in manufacturing plants and facilities, providing reliable water supply and wastewater management essential for operational efficiency and environmental compliance.

This Global Water and Wastewater Pipes Market Report contains comprehensive information and analysis covering the following key questions:

What is the projected market size and growth rate of the market?

The global water and wastewater pipes market was valued at $24.3 billion in 2022 and will reach $37.1 billion by 2028, and the growth rate is 7.5% for the forecast period 2023-2028.

What are the key factors driving the growth of the market? High Number of Water Leaks Infrastructural Development of Regions Rising Focus of Government on Water and Wastewater Management  Use of sustainable material in pipes.What segments are covered in the market?

The water and wastewater pipes market is segmented based on material type, application, and end-use. The material type segment is categorized into plastic, metal, and others. The application category includes water supply and wastewater management as the major segment, and the end-use segment includes municipal and industrial segments.

 By material type, which segment will dominate the market by 2028?

The plastic segment dominates the material type segment.

Which region has the highest market share in the market?

North America has the highest market share in the market; the market is holding the highest share based on various factors such as the major presence of companies that are dealing in water and wastewater pipes in the region, favorable government support, and huge length of water pipeline infrastructure in the region.

Some of the Key Market Players Are:

 ALIAXIS GROUP SAASTRAL LTD.CHINA LESSOJM EAGLE INC.LB WATERLOGAN CLAY PRODUCTS LLCNIPPON STEEL CORP.TATA STEELTHOMPSON PIPE GROUP

Browse More Related Reports:

Seawater and Brackish Water Desalination: The report focuses on the desalination industry, specifically on seawater and brackish water, which together constitute over 85% of the industry. These water sources differ in their salt content and thus require different treatment methods. The study explores the global water resource status, highlighting the growing gap between freshwater supply and demand across various sectors. It examines the primary desalination technologies, including membrane- and thermal-based methods, and discusses their hypothetical unit costs and economic sensitivities. The report also evaluates the sustainability of seawater and brackish water desalination, assessing companies’ ESG performance. Market size and forecasts from 2023 to 2028 are provided, with detailed regional analyses based on technology and application.

Water and Wastewater Treatment Technologies: Global Markets: This report provides a comprehensive overview of the global and regional markets for water and wastewater treatment technologies, analyzing trends with data from 2022 and 2023, and forecasting through 2028 with projected CAGR. It evaluates the market by offerings, processes, end users, and regions, including North America, Europe, Asia-Pacific, and the Rest of the World. The study covers market processes, regulatory frameworks, and key megatrends, presenting current and projected market values and outlooks. Detailed company profiles, along with informative tables and figures, offer in-depth market insights. Notably, the report excludes service offerings and transfers the chemical treatment segment to another report.

Directly Purchase a copy of the report with BCC Research.

For further information or to make a purchase, please get in touch with info@bccresearch.com.  

About BCC Research

BCC Research provides objective, unbiased measurement and assessment of market opportunities with detailed market research reports. Our experienced industry analysts’ goal is to help you make informed business decisions, free of noise and hype.

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Email: info@bccresearch.com,
Phone: +1 781-489-7301
For media inquiries, email press@bccresearch.com  or visit our media page for access to our market research library.
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. 

 

 

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SOURCE BCC Research LLC

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Technology

BASX Hosts Ribbon-Cutting Ceremony for New State-of-the-Art Weld Shop

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34 mins ago

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September 19, 2024

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REDMOND, Ore., Sept. 19, 2024 /PRNewswire/ — BASX (“BASX” or the “Company”), a leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, and custom HVAC systems, is proud to announce the official ribbon-cutting ceremony for its newly completed 36,000-square-foot weld shop. The Redmond Chamber of Commerce performed the ribbon cutting on September 18th, 2024, at BASX headquarters.

The weld shop will create significant job opportunities in the Central Oregon region, with the capacity to fill an additional 30 welding positions. Positions range from entry-level to experienced roles, with professional opportunities in various growing departments within the Company.

“This new facility is a major investment not just in our company, but in the future of Central Oregon,” said Dave Benson, AAON VP and BASX President. “We can now deliver even higher levels of quality and efficiency while providing more job opportunities for the community. We’re proud to support local manufacturing growth and look forward to seeing the impact this expansion will have on both BASX and the region.”

The new shop marks a major expansion in the Company’s production capabilities, introducing state-of-the-art welding technology within a climate-controlled environment. Equipped with advanced air filtration systems, including an AAON make-up air unit and multiple air scrubbers, the shop ensures exceptional air quality for its workers. The space also features two 5-ton overhead cranes and six ½-ton cantilever jib cranes, allowing for efficient movement of materials across the facility.

A key highlight of the facility is its cutting-edge tube laser, capable of precision cutting and profiling round and square tubes, as well as C-channel and I-beam profiles up to 27 feet in length. Additionally, a 75-foot-long dual-zone robotic welding cell is scheduled to be installed and operational in early 2025, enabling the welding of large subassemblies up to 10 tons.

The shop’s innovative capabilities will support the Company’s growth and solidify its position for ongoing expansion. In addition to the 30 new welding jobs, BASX is actively hiring across various departments to support its continued success. To learn more about available positions and apply, visit the BASX careers page at www.basxsolutions.com/careers.

About BASX
Founded in 2014 in Central Oregon, BASX is an industry leader in the manufacturing of high-efficiency data center cooling solutions, cleanroom systems, custom HVAC systems, and modular solutions. Acquired by AAON in 2021, BASX continues to focus on quality, innovation, and state-of-the-art technology. The Company is proud to display the Made-in-America emblem on all its products. For more information, please visit www.basx.com.

Contact Information
Christina Lattanzio
Marketing Manager
(918) 508-9272
Email: Marketing@basx.com

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SOURCE AAON

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NASA Sets Coverage for Astronaut Tracy C. Dyson, Crewmates Return

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34 mins ago

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September 19, 2024

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WASHINGTON, Sept. 19, 2024 /PRNewswire/ — NASA astronaut Tracy C. Dyson, accompanied by Roscosmos cosmonauts Nikolai Chub and Oleg Kononenko, will depart from the International Space Station aboard the Soyuz MS-25 spacecraft, and return to Earth.

Dyson, Chub, and Kononenko will undock from the orbiting laboratory’s Prichal module at 4:37 a.m. EDT Monday, Sept. 23, heading for a parachute-assisted landing at 8 a.m. (5 p.m. Kazakhstan time) on the steppe of Kazakhstan, southeast of the town of Dzhezkazgan.

NASA’s live coverage of return and related activities will stream on NASA+ and the agency’s website. Learn how to stream NASA content through a variety of platforms, including social media.

A change of command ceremony also will stream on NASA platforms at 10:15 a.m. Sunday, Sept. 22. Kononenko will hand over station command to NASA astronaut Suni Williams for Expedition 72, which begins at the time of undocking.

Spanning 184 days in space, Dyson’s mission includes covering 2,944 orbits of the Earth and a journey of 78 million miles. The Soyuz MS-25 spacecraft launched March 23, and arrived at the station March 25, with Dyson, Roscosmos cosmonaut Oleg Novitskiy, and spaceflight participant Marina Vasilevskaya of Belarus. Novitskiy and Vasilevskaya were aboard the station for 12 days before returning home with NASA astronaut Loral O’Hara on April 6.

Kononenko and Chub, who launched with O’Hara to the station on the Soyuz MS-24 spacecraft last September, will return after 374 days in space and a trip of 158.6 million miles, spanning 5,984 orbits.

Dyson spent her fourth spaceflight aboard the station as an Expedition 70 and 71 flight engineer, and departs with Kononenko, completing his fifth flight into space and accruing an all-time record 1,111 days in orbit, and Chub, who completed his first spaceflight.

After returning to Earth, the three crew members will fly on a helicopter from the landing site to the recovery staging city of Karaganda, Kazakhstan. Dyson will board a NASA plane and return to Houston, while Kononenko and Chub will depart for a training base in Star City, Russia.

NASA’s coverage is as follows (all times Eastern and subject to change based on real-time operations):

Sunday, Sept. 22
10:15 a.m. – Expedition 71/72 change of command ceremony begins on NASA+ and the agency’s website.

Monday, Sept. 23
12:45 a.m. – Hatch closing coverage begins on NASA+ and the agency’s website.

1:05 a.m. – Hatch closing

4 a.m. – Undocking coverage begins on NASA+ and the agency’s website.

4:37 a.m. – Undocking

6:45 a.m. – Coverage begins for deorbit burn, entry, and landing on NASA+ and the agency’s website.

7:05 a.m. – Deorbit burn

8 a.m. – Landing

For more than two decades, people have lived and worked continuously aboard the International Space Station, advancing scientific knowledge, and making research breakthroughs that are not possible on Earth. The station is a critical testbed for NASA to understand and overcome the challenges of long-duration spaceflight and to expand commercial opportunities in low Earth orbit. As commercial companies focus on providing human space transportation services and destinations as part of a robust low Earth orbit economy, NASA is focusing more resources on deep space missions to the Moon as part of Artemis in preparation for future human missions to Mars.

Learn more about International Space Station research and operations at:

https://www.nasa.gov/station

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SOURCE NASA

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Global claims guidance leader EvolutionIQ joins as CALI’s inaugural Life Partner

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34 mins ago

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September 19, 2024

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NEW YORK, Sept. 20, 2024 /PRNewswire/ — US-based EvolutionIQ, a global leader in claims guidance technology, has signed on as the Council of Australian Life Insurers (CALI)’s first Life Partner as part of its corporate partner program.

The CALI Partner Program is designed to foster collaboration and create a connected ecosystem of industry experts.

CALI Life Partners share the industry’s mission to make life insurance accessible, understandable and trusted. They are companies that support Australian life insurers to help Australians and their families have peace of mind about their future so they can live in the most healthy, confident and secure way.

“We are pleased to welcome EvolutionIQ as CALI’s inaugural Life Partner. The CALI Partner Program plays an important role in connecting our members to the latest innovators, like EvolutionIQ, that can move their businesses forward,” said CALI CEO Christine Cupitt.

“We want to work closely with each of our partners to strengthen and support the life insurance industry to deliver better customer experiences for millions of Australians on their best and worst days.”

Headquartered in New York, EvolutionIQ has expanded significantly since 2019. Its clients include major insurance carriers such as Sun Life, Reliance Matrix and Principal Financial. Their AI-powered software makes insurance claims processes more personalised, fair and cost-effective so that more people can recover faster and return to work.

“We are committed to supporting the Australian life insurance ecosystem and being a CALI Life Partner enables us to specialise our products to meet the dynamic needs of the Australian markets,” said EvolutionIQ’s Co-CEO, Mike Saltzman.

“Our partnership with CALI means we can contribute to and shape customer experiences in Australia, and ultimately help more people return to health and a livelihood sooner.”

About EvolutionIQ
EvolutionIQ pioneered Claims Guidance in 2019. Its explainable AI guides insurance claims professionals to their highest potential impact claims, improving the claimant experience and delivering better claim outcomes to claimants, carriers and their customers. EvolutionIQ serves the group disability, individual disability and workers’ compensation markets worldwide. EvolutionIQ’s AI native products have been adopted by 70% of the top 15 U.S. disability carriers and a growing list of workers’ compensation carriers. The New York-based company employs 185 staff across the United States, Europe and Australia. For more information, visit evolutioniq.com and follow the company on LinkedIn.

About CALI
We support Australians to make informed choices about their future and help them live in a healthy, confident and secure way over their lifetime.

Our members’ products and services give people peace of mind when making important decisions and provide a financial safety net during life’s biggest challenges.

We advocate for national policy settings that expand Australians’ access to the life insurance protection that suits them when they need it most.

CALI represents all life insurers and reinsurers in Australia. The Australian life insurance industry is today a $26.4billion industry, employing thousands of Australians and paying billions of dollars of benefits each year.

To view CALI’s corporate partners visit www.cali.org.au/about-us/#our-partners

For more information, visit www.cali.org.au

Media Contact
Jason Kapler
Vice President of Marketing
EvolutionIQ
(917) 740-5608
Press@evolutioniq.com

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SOURCE EvolutionIQ

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