The Infinium Global Research analyzes the Tapping Sleeves Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global tapping sleeves market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of tapping sleeves. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the tapping sleeves market during the period.
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Increasing Pipeline Network in Water Distribution, Increasing Government Investment to Reduce Water Scarcity, and Increasing Water Scarcity are Driving the Growth of the Tapping Sleeves Market
Factors such as increasing pipeline network in water distribution, increasing government investment to reduce water scarcity, and increasing water scarcity are driving the growth of the tapping sleeves market. An increasing number of new pipeline projects to transfer water from long distances is fueling market growth. On the other side, stiff competition from local unorganized manufacturers restraining the growth of the market. Moreover, new construction of pipeline networks especially in developing countries is expected to provide growth opportunities to the market players.
Segmentation of the Tapping Sleeves Industry
The global tapping sleeves market is segmented based on material, inches, fluid motion, and applications. On the basis of the material, the market is segmented into steel, ductile iron, and cast iron. The steel segment holds a large market share due to it ensures extra safety for larger diameter pipes. Based on the inches, the sub-markets include 1-10, 11-20, 21-30, 31-40, and above 40. Based on the fluid motion, the sub-markets include liquid, gas, and oil. The liquid segment holds a large market share due to rising population explosion coupled with severe water stress. By applications, the market is categorized into drinking water distribution, wastewater systems, gas solution, and petroleum solution. The growing demand for drinking water from urban areas is driving the drinking water distribution segment.
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North America Holds the Largest Market Share of the Global Tapping Sleeves Market
Among the regions, North America holds the largest market share of the global tapping sleeves market. Huge demand for tapping sleeves in the U.S is driving the growth of the market in the North America region. Increasing demand for municipality water and sewage water systems is driving the market growth.
Key Players in the Tapping Sleeves Industry
Some of the industry participants of the global tapping sleeves market are AMERICAN (American Cast Iron Pipe Company), The Ford Meter Box Company, Inc., Mueller Water Products, PowerSeal Corporation, JCM Industries Inc., Everett J. Prescott, Inc., UTS Engineering, Romac Industries, Inc. Robar Industries Ltd., and Petersen Products Co. among the others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Tapping Sleeves.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.