Global Plumbing Fixtures and Fittings Market Report 2022

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The major players in the plumbing fixtures and fittings market are Elkay Manufacturing Company, Kohler, LIXIL Group, MAAX Bat, Masco, Roca Sanitario, TOTO, Jacuzzi, Moen Incorporated, Geberit, American Bath Group, Hansgrohe, Colston Bath, Delta Faucet Company , Gerber Plumbing Fixtures LLC, Grohe, Fortune Brands Home & Security, Asahi Eito, Cera Sanitaryware and Globe Union Industrial Co.

New York, Sept. 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Plumbing Fixtures and Fittings Global Market Report 2022” – https://www.reportlinker.com/p06316996/?utm_source=GNW

The global plumbing fixtures and fittings market is expected to grow from $88.16 billion in 2021 to $93.71 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The plumbing fixtures and fittings market is expected to reach $129.28 billion in 2026 at a CAGR of 8.4%.

The plumbing fixtures and fittings market includes sales of plumbing fixtures and fittings products by entities (organizations, sole proprietorships and partnerships) that are essential components of plumbing systems installed in buildings for the adequate distribution of water for use in various activities such as drinking, and washing and for the disposal of waterborne waste from the building. Plumbing fittings are products that can be removed from place to place and can be installed simply while plumbing fixtures cannot move once installed and can be damaged along with the house. Only these products are found under plumbing fixtures.

The main types of plumbing fixtures and fittings are bathtubs, sinks, toilets, showers, faucets and drains. A tub is a container that holds water and can be used to bathe a human or an animal.

Plumbing fixtures and fittings can be distributed through online or offline channels that can be used in new construction, repair and remodeling of vitreous china, metal and plastic materials in residential, commercial and industrial sectors .

Asia-Pacific was the largest region in the plumbing fixtures and fittings market in 2021. The regions covered in the plumbing fixtures and fittings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

The Plumbing Fixtures and Fittings Market research report is one of a series of new reports that provide statistics on the Plumbing Fixtures and Fittings market, including the global market size of the Fixtures industry Plumbing Fixtures and Fittings, Regional Shares, Competitors with Plumbing Fixtures and Fittings Market Share, Detailed Plumbing Fixtures and Plumbing Fixtures Market Segments, Market Trends and Opportunities, and any other data you may you might need to thrive in the plumbing fixtures and fittings industry. This Plumbing Fixtures and Fittings Market research report provides a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The increasing focus on wastewater treatment to meet water demands globally is driving the market for plumbing fittings and fittings products purchased or leased by individuals or businesses. Water is the most scarce resource in the world, according to the publication of the World Bank in 2020, about 36% of the world’s population faces water scarcity, and in the United States of America, 60% of the population is connected to wastewater treatment and nearly 40% of wastewater is collected and treated for later use.

There is an increase in population and demand for rising water scarcity and greater urbanization are all major factors impacting the increase in the plumbing fixtures and fittings market.

Technological advancements are shaping the plumbing fixtures and fittings market. The leading companies in the plumbing fixtures and fittings market are moving towards the adoption of new technologies and research and developments in the plumbing fixtures and fittings market.

For example, in August 2021, Prince Pipes and fittings, an Indian PVC pipe manufacturer and multi-polymer processor is launching a prince for CPVC piping systems with Corzan CPVC technology in association with Lubrizol investors. The new CPVC pipes have heat, UV, flame and smoke resistance, among other new technologies.

In July 2021, North American Pipe Corporation (NAPCO), an American pipe and fittings manufacturer, acquired LASCO Fitting Inc for an undisclosed amount. As a result of this acquisition, NAPCO will strengthen its business and expand its business portfolio and operations. operations with different types of pipes and fittings with the technology of both companies.

LASCO Fittings Inc is a United States-based plumbing service pipe and fittings manufacturer.

The countries covered in the Plumbing Fixtures and Fittings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea South, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06316996/?utm_source=GNW

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