QY Research has come up with a newly published report on global Plumbing Fitting market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, Plumbing Fitting market segmentation and forecasting. The report highlights the market size and CAGR of the important segments, thus providing a quick relevant information of the global Plumbing Fitting market.
Los Angeles, CA -- (SBWIRE) -- 02/05/2019 -- Plumbing fittings are crucial components of plumbing systems installed in buildings for efficient distribution of water within the building for drinking, washing, heating and for removing waterborne wastes from the building.
Plumbing components are typically used in laying pipelines that provide means of transport for fluids into and out of the building. Given that efficient plumbing is a critical requirement for all buildings, demand for plumbing fittings and fixtures is dependent on the level of construction activity, which in turn is influenced by the overall health of the economy. The level of economic growth and construction activity primarily dictates market prospects for plumbing fittings.
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Rapid urbanization in developing countries will continue to drive growth in the market, since strong urban concentration will trigger increases in infrastructure expenditure, and urban planning. The creation of large megacities involves the construction of high-rise buildings and skyscrapers, which in turn increases prospects for plumbing work, thus driving market prospects for plumbing fittings and fixtures.
China is the dominate producer of plumbing fitting, the production was 327.27 million pieces in 2015, accounting for about 42.14% of the total amount, followed by USA, with the production market share of 23.58%. India has emerged as the second largest sanitaryware market by volume in Asia Pacific and has the largest growth rate of 14.26% from 2011 to 2015.
The industry concentration is relatively low. Manufactures are distributed around the world. Leading players in plumbing fitting industry are Masco Corporation, Fortune Brands, LIXIL Corporation, Lota Group. Masco Corporation is the largest manufacturer, with the production market share of 7.11% in 2015. The top four companies occupied about 18.14% production share of the market in 2015.
The global Plumbing Fitting market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
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The following manufacturers are covered: Masco Corporation, Kohler, Fortune Brands, LIXIL Corporation, Friedrich Grohe, Toto, RWC, Roca, Lota Group, Spectrum Brands, Globe UNION Industrial Corp, Jacuzzi, Huayi, Elkay, Lasco, Maax, Ideal Standard, Villeroy & Boch, Jaquar Group, Sanitec, Hansgrohe, Sunlot Group, Hindware, CERA Sanitaryware,
Plumbing Fitting market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.
Plumbing Fitting Market Segmentation by Types: Faucets, Shower Heads, Valves and Pipe Fittings, Others,
Plumbing Fitting Market Segmentation by Applications: Household, Commercial,
Regions Covered in the Global Plumbing Fitting Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report provides an in-depth analysis of the following –
Detailed Overview of Global Plumbing Fitting market helps deliver clients and businesses making strategies.
It covers Plumbing Fitting industry outlines, upstream and downstream Plumbing Fitting market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Plumbing Fitting market driving forces.
To provide detailed analysis, Market size and drivers during 2019 to 2025 including various segments and sub-segments of the Global Plumbing Fitting Market
Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
The analysis of the competitive landscape of the global Plumbing Fitting market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
To provides Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Plumbing Fitting market
The Plumbing Fitting market report covers Volume, Revenue and Price Forecast 2019 to 2025
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