Press Release

Oct, 07 2024

Growing Investments in Infrastructures and Construction Activities drives the Demand for North America Pipe Market

Pipes are hollow cylindrical structures used in various industries to transport fluids, gases, and sometimes solids. Commonly made from materials like steel, copper, PVC, and polyethylene, pipes are essential in sectors such as oil and gas, water supply, construction, chemical processing, and manufacturing. They provide a secure and efficient means of conveying substances over long distances and through complex systems. Depending on the industry and application, pipes can vary in size, thickness, and material composition to withstand different pressures, temperatures, and corrosive environments, making them vital components in industrial infrastructure.

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Data Bridge Market Research analyzes the North America Pipe Market is expected to reach USD 42.65 billion by 2031 from USD 25.84 billion in 2023, growing with a substantial CAGR of 6.5% in the forecast period of 2024 to 2031. Commercialized novel technology based pipe products will drive the market growth.

Key Findings of the Study

North America Pipe Market

Increasing Usage of Pipe for Both Domestic and Commercial Applications

The North America pipe market is driven by growing demand across domestic and commercial applications. Urbanization and increasing population density fuel the need for reliable piping systems in residential, commercial, and industrial settings. In the domestic sector, rising housing developments and renovations boost demand for advanced plumbing solutions like PVC, PEX, and copper pipes. In the commercial sector, new constructions in healthcare, hospitality, and manufacturing drive the need for durable pipes for water supply, waste management, HVAC, and industrial processes. As construction and infrastructure development grow, the demand for efficient piping systems is expected to expand the market further.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volume in Kilo Tons, and Pricing in USD/Tons

Segments Covered

By Material (Non-Metallic Pipe, and Metallic Pipe), Manufacturing Processes (Seamless Pipe Manufacturing, Electric Resistance Welding (ERW) Pipe Manufacturing, Submerged Arc Welding (SAW) Pipe Manufacturing, Double Submerged Arc Welding (DSAW) Pipe Manufacturing, and Seamless and Welded Pipe Manufacturing Process), Category (Pressure Pipe, and Non-Pressure Pipe), Size (Upto 1/2'', 1/2-1'', 1-2'', 2-5'', 5-10'', 10-20'', and Above 20''), Industry (Water Infrastructure, Oil and Gas Infrastructure, Building Infrastructure, and Industrial Infrastructure)

Countries Covered

U.S., Canada, Mexico

Market Players Covered

JM EAGLE, INC. (U.S.), Advanced Drainage Systems (U.S.), Chevron Phillips Chemical Company LLC. (U.S.), Charlotte Pipe, Foundry (U.S.), Aliaxis Holdings SA (Belgium), Orbia (Mexico), Atkore (U.S.), Nucor Tubular Products (U.S.), Uponor North America (U.S.), Contech Engineered Solutions LLC (U.S.), WL Plastics (U.S.), Prinsco, Inc. (U.S.), Pestan North America (U.S.), Furukawa Electric Co.Ltd. (Japan), Lane Enterprises, Inc. (U.S.), Westlake Pipe & Fittings (U.S.).

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework

Segment Analysis:

The North America pipe market is segmented into five notable segments based on material, manufacturing process, category, size, and industry.

  • On the basis of by material, the market is segmented into non-metallic pipe and metallic pipe

In 2024, the non-metallic pipe segment is expected to dominate the North America pipe market

In 2024, the non-metallic pipe segment is expected to dominate the market with a market share of 66.10% due to its advantages in cost-effectiveness, corrosion resistance, and ease of installation.

  • On the basis of by manufacturing process, the market is segmented into seamless pipe manufacturing, Electric Resistance Welding (ERW) pipe manufacturing, Submerged Arc Welding (saw) pipe manufacturing, Double Submerged Arc Welding (DSAW) pipe manufacturing, and seamless and welded pipe manufacturing process

In 2024, seamless pipe manufacturing is expected to dominate the North America pipe market

In 2024, seamless pipe manufacturing segment is expected to dominate the market with a market share of 37.36% due to its superior strength, durability, and ability to withstand high pressure and temperature conditions.

  • On the basis of category, the market is segmented into pressure pipe and non-pressure pipe. In 2024, pressure pipe segment is expected to dominate the market with a market share of 63.97%
  • On the basis of size, the market is segmented into upto 1/2'', 1/2-1'', 1-2'', 2-5'', 5-10'', 10-20'', and above 20''. In 2024, upto 1/2" segment is expected to dominate the market with a market share of 22.44%
  • On the basis of industry, the market is segmented into water infrastructure, oil and gas infrastructure, building infrastructure, and industrial infrastructure. In 2024, the water infrastructure segment is expected to dominate the market with a market share of 38.86%

Major Players

Data Bridge Market Research analyses JM EAGLE, INC. (U.S.), Advanced Drainage Systems (U.S.), Chevron Phillips Chemical Company LLC. (U.S.), Charlotte Pipe and Foundry (U.S.), and Aliaxis Holdings SA (Belgium) among others.

North America Pipe Market

Market Development

  • In August 2024, Advanced Drainage Systems (ADS) partnered with Geoplast to distribute the Aquabox stormwater retention system in the U.S. This collaboration expands ADS's stormwater management portfolio, offering innovative, high-capacity solutions for urban flood control and sustainable water management, enhancing its market leadership
  • In July 2024, Chevron Phillips Chemical Company LLC. has received 11 safety awards from the Texas Chemical Council (TCC) for excellence in safety and operational performance. Facilities in Borger, Pasadena, Port Arthur, Cedar Bayou, and Sweeny were honored with Caring for Texas Awards for their achievements in community awareness, emergency response, security, and pollution prevention. The Conroe and Orange facilities were recognized with the Zero Incident Award and the Dr. Sam Mannan Award for achieving no OSHA recordable injuries or Tier 1/2 incidents
  • In August 2024, Aliaxis SA has completed the acquisition of Johnson Controls’ CPVC pipe and fittings business, enhancing its IPEX subsidiary's offerings for residential and light commercial sprinkler systems. This acquisition strengthens Aliaxis' fire suppression solutions in North America, expands manufacturing capabilities, and demonstrates their commitment to growth and improved customer service
  • In October 2023, Charlotte Pipe and Foundry unveiled its New USD 460 million Advanced Foundry in Oakboro, North Carolina. This reflects the company’s commitment to growth, local investment, and environmental responsibility
  • In December 2023, Green Trough, made from recycled polymers, secured a European Environmental Product Declaration (EPD) on December 22, 2023. This achievement marked the first EPD acquisition for a Japanese trough manufacturer in Europe, supporting environmental goals and modal shifts under the EU Green Deal

Regional Analysis

On the basis of geography, the market is segmented into U.S., Canada, and Mexico.

As per Data Bridge Market Research analysis:

U.S. is expected to be the dominant and fastest growing country in the North America pipe market

The U.S. will dominate the North America pipe market due to its robust construction and infrastructure development, driven by government investments in modernization and urbanization projects. The U.S. also has a well-established manufacturing sector and strong demand for piping in industries such as oil and gas, water supply, and energy. Additionally, the country’s focus on upgrading aging infrastructure and increasing residential and commercial construction activities further boosts the demand for pipes. The U.S. market benefits from advanced technologies, a wide range of material availability, and strong regulatory standards, making it a leader in the region.

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