Tapping Sleeves Market Expected to Touch a Value of US$ 2,975 Mn by 2026

The global tapping sleeves market is expected to reach around US$ 2,975 Mn by 2026. The tapping sleeves market is expected to grow in terms of volume sales with a CAGR of 4.0% during the period 2016-2026.


Albany, NY -- (SBWIRE) -- 08/22/2018 -- An ever-increasing population is generating huge demand for fluid transportation such as water, petroleum, wastewater, and oil & gas products. For this purpose, safer distribution channels with minimal impact on the environments are being hugely relied upon. This increasing pipeline framework for seamless fluid transportation, especially in emerging countries, is posing as a major growth-catalyzer of tapping sleeves market. Amid the global network of pipelines, the US stands at the first position in terms of kilometers. The fluids which are mainly transported through these pipelines are crude and petroleum products, water, natural gas, and sewage water. These insights are derived from a new report, titled "Tapping Sleeves Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026," recently added to the exhaustive repository of Market Research Reports Search Engine (MRRSE).

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Differently, one of the major factors challenging this industry is the deep-rooted concentration of local players hailing from unorganized markets, especially in the Asian territory. On the contrary, the tapping sleeves market is poised to offer prime opportunities to players who are tapping onto wastewater application, as many of the prime countries are increasingly focusing on sewage infrastructure.

Tapping Sleeves Market- Provinces Hit by Water Scarcity to Increasingly Depend on Distribution through Pipelines

The tapping sleeves market is affected by market dynamics, with demand for water distribution in developing realms being one of the most dynamic driving factors. From the global standpoint, an increasing rate of water scarcity has evolved as one of the prevailing concerns. Some of the prominent factors leading to water scarcity are physical shortage, lack of requisite infrastructure, and institutional failure of supply. Regions subjected to water scarcity and uneven distribution of water are highly dependent on water distributed via pipeline networks.

Consequently, governments across various regions along with additional private investments are proactively taking up new pipeline projects to facilitate water transfer from long distances, even from cross boundary realms. This pipeline infrastructure requires proper maintenance and projected to operate without any interruption or pause. Over and above that, additional pipelines have to be installed in a way that interruption during water current flow is minimum. Accordingly, tapping sleeves are witnessing high demand and are flying off the shelves due to increasing renovation of pipeline networks, especially in developing nations.

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Tapping Sleeves Market- Competitive Dashboard

The report also emphasizes on the competitive dynamics of global tapping sleeves market, thereby ranking all the market leaders on the basis of their geographic foothold and recent key breakthroughs. These market estimates have been scrutinized by taking into consideration the effect of various factors apropos of politics, society, economics, technology, and law along with the present market scenario influencing the growth of tapping sleeves market. Apart from this, competition matrix & in-depth analysis of market share have been incorporated under the competitive landscape to impart a lucid understanding of market pacesetters to the overall growth trajectory. Some of the major market players profiled in the report of global presence include Mueller Water Products, AMERICAN (American Cast Iron Pipe Company), The Ford Meter Box Company, Inc., PowerSeal Corporation, JCM Industries Inc., Everett J. Prescott, Inc., Romac Industries, Inc., Robar Industries Ltd., Petersen Products Co., and UTS Engineering.

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