Europe Pipe Market

• Growing use in the construction sector is driving the market growth

Market CAGR for Europe Pipe is being driven by the rising use in the construction sector. Pipes are crucial in the construction industry. They bring in the main water supply lines and transport the building's sewage and wastewater. Pipes are also used to move water within building structures in interior plumbing systems. Concrete and galvanized iron are two common materials used to manufacture pipes for the construction industry. Due to their strength, durability, lightweight, and ease of installation, pipes quickly substitute conventional pipes. Pipes give complete corrosion protection while being less susceptible to heat expansion or contraction.

As a result, depending on the variation, these pipes can be used for either warm or cold water applications. Pipes come in various lengths, wall thicknesses, and diameters to meet the needs of each specific application.

Furthermore, the availability of fittings speeds up installation and results in significant labor and time savings. The European construction business is expanding steadily as the market recovers from the economic downturn. Infrastructure and construction projects, both public and private, have resumed, fueling demand for PVC pipes. Furthermore, Europe has significantly pushed toward the sustainable transformation of materials and systems used in the plumbing sector in recent years. Plastic piping systems are replacing copper and other metal pipes. The primary function of such pipes is to keep the fluid inside the pipes at a constant temperature.

These piping systems have a wide variety of applications in a wide range of projects, and significant benefits can be obtained with the help of these pre-insulated pipe systems. These pipe systems convey drinking water, wastewater, cooling water, hot water, steam, hydrocarbon, chemicals, oil, pharmaceutical, and other commodities in the chemical, petrochemical, and food sectors.

The Global Europe Pipe Market Industry is experiencing a surge in infrastructure investments across various sectors, including water supply, sewage, and energy. Governments are increasingly allocating funds to enhance and modernize existing infrastructure, which is projected to drive the market's growth. For instance, the European Union has committed to significant financial support for infrastructure projects, which could potentially lead to a market valuation of approximately 235.94 USD Billion in 2024. This trend indicates a robust demand for pipes, as they are essential components in construction and maintenance activities.

By region, the study provides market insights into Europe. The German market area will dominate this market, with an increase in construction projects in this area. As a result of the government's increased maintenance programs and operations, there has been an increase in the number of construction-related maintenance and repair works, which has contributed significantly to the expansion of the PVC pipe market. Growing infrastructure and construction investments are propelling market expansion. Pipe usage is increasing for domestic and commercial purposes, which could be a market driver. In addition, expanding renovation and remodeling operations boost market participants' sales and profits.

Further, the major countries studied in the market report are Germany, the UK, France, Italy, Spain and the Rest of Europe.

Figure 2: EUROPE PIPE MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Leading market companies are extensively spending R&D on increasing their product lines, which will help the Europe Pipe market grow even more. Important market developments include new product releases, contractual agreements, acquisitions and mergers, greater investments, and collaboration with other organizations. The Europe Pipe industry must produce cost-effective merchandise to flourish and thrive in a more competitive and increasing market climate.

Manufacturing locally to reduce operating costs is an effective business strategy manufacturers use in the worldwide Europe Pipe industry to serve clients and expand the market sector. The Europe Pipe industry has provided some of the most important benefits recently.  Major players in the Europe Pipe market, including Aliaxis, Wienerberger AG  and others, are attempting to increase market demand by investing in research and development operations.

Wienerberger AG  is a company that manufactures clay blocks, face bricks and roof tiles, ceramic and plastic pipes, and concrete and clay pavers. Wienerberger has a 200-year history, having been founded in 1819. their key to success is the marriage of tradition and innovation. They are constantly looking for new products and system solutions. Sustainability is an intrinsic aspect of their business and corporate culture, from resource efficiency in production to human resource development.The Wienerberger group includes Pipelife, Steinzeug Keramo, Semmelrock, Tondach Gleinstätten, General Shale, and the joint venture Schlagmann.

One of the most important aspects of their success is their workforce. Their qualifications, motivation, and devotion are the foundation for the Wienerberger Group's long-term viability and competitiveness. They are searching for individuals that are self-motivated, committed, and have the ability to think and act entrepreneurially. In October 2021, Wienerberger AG collaborates with Leadax for innovative flat roof solutions. This strategic collaboration strengthens Wienerberger's competitive position in Europe as a partner for the full building envelope and an industry leader in the transition to a circular economy.

Aliaxis is a market leader in innovative pipe systems in construction, infrastructure, industrial, and agricultural applications. The company provides communities worldwide with sustainable, innovative water and energy solutions, leading the industry in anticipating the continuously changing demands of its customers and society. Aliaxis, with a global workforce of 15,000+ individuals, provides specialized solutions that satisfy our customers' most demanding needs worldwide. Aliaxis operates in over 40 countries through leading local brands, combining local solutions with global innovation and operational efficiency. The corporation is privately held, and its global headquarters are in Brussels, Belgium.

In November 2022, Aliaxis SA, a global leader in enabling access to water and energy through innovative fluid management solutions, announced a strategic alliance with Emerald Technology Ventures, a venture capital and open innovation firm focused on industrial innovation supporting the water, climate, and clean energy transition.