Dallas, TX -- (SBWIRE) -- 11/16/2018 -- According to a new market report published by Lucintel, future of the global concrete pipe market looks good with opportunities in the sewage, drainage, potable water, and irrigation sectors. The global concrete pipe market is expected to reach an estimated $23.7 billion by 2023 with a CAGR of 2.5% from 2018 to 2023. The major growth drivers for this market are residential and non-residential construction activities and the replacement of aging pipelines.
Browse 107 market data tables and 155 figures spread through 223 pages and in-depth TOC on "Global Concrete Pipe Market"
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In this market, different types of concrete pipe grades such as pre-stressed concrete cylinder pipes, pre-stressed reinforced concrete pipes, reinforced concrete pipes, bar-wrapped concrete pipes, and others are used as product. Lucintel forecasts that reinforced concrete pipe is expected to remain the largest segment and also witness the highest growth over the forecast period due to its high strength, low cost, and durability.
Within the global concrete pipe market, sewage will remain the largest application and witness the highest growth during the forecast period due to continued infrastructural spending across the globe.
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Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period supported by increasing infrastructure development and construction activities.
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Emerging trend, which have a direct impact on the dynamics of the concrete pipe market, include increased usage of vibration casting technology in concrete pipes. CEMEX, Forterra, Old Castle Precast, NOV, Amiantit, Indian Hume Pipe, and Con-Cast Pipe and others are among the major concrete pipe manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global concrete pipe market by product, application, diameter, pressure rating, and region and has come up with a comprehensive research report entitled "Growth Opportunities in the Global Concrete Pipe Market 2018-2023: Trends, Forecast, and Opportunity Analysis." The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global concrete pipe market by product, application, diameter, pressure rating, and region as follows:
By Application [Value ($ Million) and Volume (Million Tons) from 2012 to 2023]:
- Potable Water
- Sewage
- Drainage
- Irrigation
- Others

By Product [Value ($ Million) and Volume (Million Tons) from 2012 to 2023]:
- Pre-Stressed Concrete Cylinder Pipes
- Pre-Stressed Reinforced Concrete Pipes
- Reinforced Concrete Pipes
- Bar-Wrapped Steel Cylinder Pipes
- Others

By Diameter [Value ($ Million) and Volume (Million Tons) from 2012 to 2023]:
- Small Diameter
- Medium Diameter
- Large Diameter

By Pressure Rating [Value ($ Million) from 2012 to 2023]:
- Low Pressure Pipes
- Medium Pressure Pipes
- High Pressure Pipes
By Region [Kilotons and $M shipment analysis for 2012 – 2023]:
- North America
– United States
– Canada
– Mexico
- Europe
– Germany
– Italy
– UK
- Asia Pacific
– China
– India
– Japan
- The Rest of the World
– Brazil
– UAE
– South Africa
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This 223-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/concrete-pipe-market.aspx or mailto:helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers following 11 key questions:

Q.1 What are some of the most promising, high-growth opportunities for the global concrete pipe market to 2023 by product (pre-stressed concrete cylinder pipes, pre-stressed reinforced concrete pipes, reinforced concrete pipes, bar-wrapped concrete pipes, and others), application (potable water, sewage, drainage, irrigation, and others), diameter (small diameter pipes, medium diameter pipes, and large diameter pipes) and pressure rating (low pressure pipes, medium pressure pipes, and high pressure pipes) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some changing demands of customers in the market?