| Product Code: ETC377418 | Publication Date: Jun 2023 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The pipe fittings market in Romania is expected to register a healthy CAGR of more than 8% during the forecast period 2021-2026. Factors such as increasing investments in infrastructure projects, booming construction sector and rapid industrialization are driving the growth of the pipe fitting market in Romania. Moreover, rising demand from water & wastewater management companies for various applications including firefighting systems, sprinkler systems and plumbing services is further boosting the demand for pipe fittings across different industry verticals. Additionally, advancements in technology have enabled manufacturers to use advanced materials like PP (polypropylene), PVC (Polyvinyl chloride) and HDPE (High Density Polyethylene) which offer better performance at lower costs compared to traditional steel pipes. This has encouraged end users to opt for plastic pipes over conventional metal ones resulting into increased usage of these types of fittings by an array of industries ranging from chemicals and petrochemicals to agriculture sector. Furthermore, growing urban population coupled with increasing foreign investments will create new opportunities for players operating within this space over the coming years.
Market Segmentation:
Romania pipe fitting market can be segmented based on type, material used and application area: Based on type it includes elbows & bends; tees; couplings & unions; caps/plugs/stoppers etc.; flanges; valves; reducers etc.; while based on material used it includes stainless steel alloys; brass alloys ; copper alloys ; aluminum alloys ; other metals . The major application areas include residential buildings & infrastructures ; commercial buildings & infrastructures ; industrial plants , among others .
Competitive Landscape:
Major players operating within Romania?s Pipe Fittings Market Include :
* Romgaz SA * Siveco Group SRL * Grupul Interpipe Prodcom SA * ITAROM Impex SA * Euromarket Logistica Srl * Mechel Trading International SRL
Other prominent vendors include : Steel Tubular Systeme LEMANIC - STSL , NALIPLAST PRODCOM IMPEX SRL , AMPROCHIM GRUP INDUSTRIAL , METRO TRADING INTERNATIONAL SRL , RAIFFEISEN INTERGRAPHIK ROMANIA SRLCAESAR COMERCIALIZARE F
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