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global stainless steel plumbing pipes market generated $4.92 billion in 2020, and is expected to reach $8.17 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030

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global-stainless-steel-plumbing-pipes-market-to (1)

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  1. Source: Allied Market Research November 23, 2021 04:24 ET Global Stainless steel plumbing pipes market to Reach $8.17 Billion by 2030: Allied Market Research Rise in construction of malls and offices, surge in spending on home remodeling, and renovation of residential and non-residential bathrooms & toilets drive the global stainless steel plumbing pipes market. The market across Asia-Pacific held the largest share in 2020, accounting for nearly three-fifths of the market. The Covid-19 pandemic hampered the market due to shut down of stainless steel plumbing pipes manufacturing facilities. Portland, OR, Nov. 23, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global stainless steel plumbing pipes market generated $4.92 billion in 2020, and is expected to reach $8.17 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030. Rise in construction of malls and offices, surge in spending on home remodeling, and renovation of residential and non-residential bathrooms & toilets drive the global stainless steel plumbing pipes market. However, fluctuation in raw material prices and decrease in new construction activities in African nations hinder the market growth. On the contrary, infrastructural development in developing nations is expected to open new opportunities for the market players in the future. Download Sample PDF (211 Pages with More Insight): https://www.alliedmarketresearch.com/request- sample/14624 Covid-19 scenario: The Covid-19 pandemic hampered the market due to shutdown of stainless steel plumbing pipes manufacturing facilities. Moreover, the decline in construction of new buildings hampered the demand for stainless steel plumbing pipes. Moreover, the pandemic disrupted the supply chain and increased the raw material prices. The report segments the global stainless steel plumbing pipes market on the basis of application, construction type, end user, and region. Based on application, the bathtubs segment is projected to register the highest CAGR of 5.7% during the forecast period. However, the faucets segment held the largest share in 2020, accounting for more than one-fifth of the market. Get detailed COVID-19 impact analysis on the Stainless Steel Plumbing Pipes Market Request Here On the basis of construction type, the renovation segment is estimated to portray the highest CAGR of 5.2% from 2021 to 2030. In addition, the segment dominated the market in 2020 in terms of revenue, contributing to nearly three-fifths of the market. The research also analyzes the new construction segment. The global stainless steel plumbing pipes market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2020, accounting for nearly three-fifths of the market. However, the market across LAMEA is estimated to register the highest CAGR of 5.9% during the forecast period. Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/14624 Top Manufacturers:

  2. The global stainless steel plumbing pipes market report includes an in-depth analysis of the prime market players such as Geberit AG, Jindal Stainless Limited., Steelmor Industries, Central States Industrial, Mueller Industries Inc., Reliance Worldwide Corporation Limited, Turnkey Industrial Pipe & Supply Inc., Uponor Corporation, Bradley Corporation, and Globe Union Industrial Corp. Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter Get more information: https://www.alliedmarketresearch.com/library-access Similar Reports: Plumbing Fixtures and Fittings Manufacturing Market - Global Opportunity Analysis and Industry Forecast, 2021– 2030 Hose Pipe Market - Global Opportunity Analysis and Industry Forecast, 2021–2030 Municipal Pipes Market - Global Opportunity Analysis and Industry Forecast, 2021-2028 Iron and Steel Market - Global Opportunity Analysis and Industry Forecast, 2021–2030 Carbon Steel Piping Spools Market - Global Opportunity Analysis and Industry Forecast, 2021–2030 Pipeline & Process Service Market - Global Opportunity Analysis and Industry Forecast 2021–2030 About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact us: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow Us on | Facebook | Twitter | LinkedIn

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