Pipes and Fittings Market Forecast to Reach $8 Billion by 2025 The Pipes and Fittings Market Is Driven Primarily by the Factors Such as Increasing Urbanization Leading to Infrastructure Growth, and Growing Demand Towards Plastic Pipes
BriefingWire.com, 12/23/2020 - Global Pipes and Fittings Market is forecast to reach $8 billion by 2025, growing at a CAGR of 4.7% during the forecast period from 2020 to 2025. The Pipes and Fittings market is driven primarily by the factors such as increasing urbanization leading to infrastructure growth, and growing demand towards plastic pipes. Moreover, rising use of pipes and fittings in mining industries and chemical industries can help the market to grow further. Adoption of steel pipes and fittings by various industries can also help the market to rise significantly during the forecast period.