Press Release

Jun, 15 2024

Increasing Investments in Infrastructure Projects Worldwide is Expected to Drive the Growth of Global Electrofusion Fittings Market

The global demand for electrofusion fittings is on the rise, driven by increased investments in infrastructure projects worldwide. These projects, spanning water supply, sewage systems, gas distribution networks, and industrial applications, rely heavily on reliable and durable piping systems. Electrofusion fittings play a vital role in ensuring the integrity of these systems, providing strong, leak-proof joints that are crucial for their efficient operation.

Access Full Report @ https://www.databridgemarketresearch.com/ko/reports/global-electrofusion-fittings-market

Data Bridge Market Research analyses that the Global Electrofusion Fittings Market is expected to reach USD 1,762,219.11 thousand by 2033 from USD 833,823.53 thousand in 2023 growing with a CAGR of 7.9% in the forecast period of 2024 to 2033. 

Key Findings of the Study

Electrofusion Fittings Market

Increasing Demand for Water and Gas Distribution Networks

The increasing trend of urbanization and industrial growth globally is fueling the demand for new and upgraded water and gas distribution networks. This expansion of cities and industries necessitates reliable and efficient piping systems, driving the market for electrofusion fittings. Additionally, many existing water and gas distribution networks are aging and require repair or replacement. This creates a significant market for electrofusion fittings, which are essential for the construction and maintenance of these networks. As infrastructure ages, the demand for modern fittings grows.

Electrofusion fittings offer several advantages such as easy installation, leak-proof joints, and long-term durability. These fittings are increasingly preferred over traditional methods, driving their demand in the market. Additionally, stringent regulatory requirements for quality and safety are driving the adoption of high-quality piping systems, including electrofusion fittings, further boosting their market growth. These regulations ensure that water and gas distribution systems meet safety standards, increasing the need for reliable fittings like electrofusion fittings. As cities grow and infrastructure needs expand, the demand for electrofusion fittings is expected to continue rising. The efficiency, durability, and safety advantages of these fittings make them a preferred choice for water and gas distribution networks worldwide. With infrastructure aging and regulatory requirements becoming stricter, the market for electrofusion fittings is poised for significant growth as they play a crucial role in ensuring the reliability and efficiency of these critical infrastructure systems.

Report Scope and Market Segmentation

Report Metric

Details    

Forecast Period

2024 to 2033

Base Year

2023 

Historic Years

2022 (Customizable to 2016-2021) 

Quantitative Units

Revenue in USD Thousand 

Segments Covered

Product (Coupler, Reducer, Caps, Saddles, Flex Restraints, Valve, and Shapes), Range (Medium Diameter, Small Diameter, and Large Diameter), Sales Channel (Enterprise Private, Retail, State-Funded, OTC, DIY and Others), End Use (Industrial, Commercial, and Residential) 

Countries Covered

China, Japan, India, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia, U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Benelux, Russia, Turkey, Central & Eastern Europe, Switzerland, Nordics, Rest of Europe, Netherlands, Belgium, Luxembourg, Poland, Austria, Hungary, Czech Republic, Norway, Sweden, Denmark, Finland, KSA, U.A.E., Egypt, South Africa, Israel, Rest of Middle East and Africa, Brazil, Argentina, Columbia, Peru, Chile, Rest of South America, Australia, New Zealand      

Market Players Covered

Georg Fischer Ltd. (Switzerland), Wavin (Netherlands), Cangzhou Mingzhu Plastic Co., Ltd. (China), Aliaxis Holdings SA (Belgium), Kimplas Piping Systems Pvt Ltd (India), Plasson Ltd. (Israel), ISCO Industries (U.S.), Hangzhou Aqua Pipe Technology Co.,Ltd (China), HIDROTEN (Spain), agru Kunststofftechnik GmbH (Austria), Fusion Group Limited (U.K), Geberit AG (U.K.), Kuzeyboru (United Arab Emirates), egeplast (Germany), Radius Systems, Strongbridge International LLC (U.S.), NUPI INDUSTRIE ITALIANE S.P.A. (Italy), Ningbo Sunplast Pipe Co. (China), Ltd, and PAYAL IRRIGATION PVT. LTD. (India) among others                    

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Segment Analysis

The global electrofusion fittings market is categorized into five notable segments which are based on product, range, sales channel, and end use.     

On the basis of product, the market is segmented into coupler, reducer, caps, saddles, flex restraints, valve, and shapes.

In 2024, coupler segment is expected to dominate the Global Electrofusion Fittings Market

In 2024, coupler segment is expected to dominate the global electrofusion fittings market with a 30.97% market share due to their versatility, allowing them to connect pipes of different materials and sizes.

  • On the basis of range, the global electrofusion fittings market is segmented into medium diameter, small diameter, and large diameter

In 2024, the medium diameter segment is expected to dominate the Global Electrofusion Fittings Market

In 2024, the medium diameter segment is expected to dominate the global electrofusion fittings market with a 57.94% market share. 

  • On the basis of sales channel, the global electrofusion fittings market is segmented into enterprise private, retail, state-funded, OTC, DIY, and others. In 2024, the enterprise private segment is expected to dominate the global electrofusion fitting market with a 41.03% market share
  • On the basis of end use, the global electrofusion fittings market is segmented into industrial, commercial, and residential. In 2024, industrial segment is expected to dominate the global electrofusion fitting market with a 57.27 % market share

Major Players

Data Bridge Market Research analyzes Georg Fischer Ltd. (Switzerland), Wavin (Mexico), Cangzhou Mingzhu Plastic Co., Ltd. (China), Aliaxis Holdings SA (Belgium), Kimplas Piping Systems Pvt Ltd (India) as major market players in this market. 

Electrofusion Fittings Market

Market Development

  • In November 2022, egeplast international GmbH has won the "Factory of the Year" award in the "Outstanding Serial Production" category for 2022. This recognition highlights their exceptional manufacturing of plastic pipe systems and their commitment to quality and innovation. The win also reflects positively on their Electrofusion Fittings, showcasing their dedication to excellence in this product line
  • In February 2021, Nupi Industrie Italiane, S.p.A., is expanding in Hampton County, creating 28 jobs with a USD 4.3 million investment. This expands NUPI's U.S. presence and boosts production of electrofusion fittings like NIRON, SMARTFLEX, and ELOFIT, offering complete pipe systems for diverse applications
  • In January 2020, ISCO Industries, a Louisville-based HDPE piping solutions provider, has acquired M.T. Deason, a company specializing in products for the gas distribution market. M.T. Deason will operate as a division of ISCO, offering a full range of pipe, fittings, fusion equipment, and valves. This acquisition enhances ISCO's expertise in Electrofusion Fittings and strategically positions the company with additional locations in Cedar Hill, Texas; and Fairfield, N.J.
  • In January 2020, ISCO Industries has acquired Plasson USA, a manufacturer of HDPE pressure pipe fittings and lower-pressure HDPE pipe. This expands ISCO's product offerings and customer base in North America. The acquisition enhances ISCO's position in the market, particularly in Electrofusion Fittings, strengthening its presence in the piping solutions industry 
  • In August 2019, Fusion Group Limited Plast Australia's new depot in Bayswater, Perth, meets rising demand for electrofusion fittings in Australasia and South-East Asia, enhancing Fusion Group Limited's presence in Australia, especially in Western Australia. The depot improves availability, speeds up responses, and provides localized support, strengthening Fusion's position as a top provider of PE pipe network solutions, including electrofusion fittings 

Regional Analysis

Geographically, the countries covered in the global electrofusion fittings market report are China, Japan, India, South Korea, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia, U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Benelux, Russia, Turkey, Central & Eastern Europe, Switzerland, Nordics, rest of Europe, Netherlands, Belgium, Luxembourg, Poland, Austria, Hungary, Czech Republic, Norway, Sweden, Denmark, Finland, KSA, U.A.E., Egypt, South Africa, Israel, rest of Middle East and Africa, Brazil, Argentina, Columbia, Peru, Chile, rest of South America, Australia, New Zealand.           

As per Data Bridge Market Research analysis: 

Asia is expected to dominate and fastest growing region in the Global Electrofusion Fittings Market

Asia is expected to dominate the market due high demand for water and gas distribution networks and growing market players' presence in the region.

For more detailed information about global electrofusion fittings market report, click here – https://www.databridgemarketresearch.com/ko/reports/global-electrofusion-fittings-market


Client Testimonials