Pipe
Fitting Industry
Thanks to the large-scale construction and development activity in the
recent past, the pipes and pipe fittings industry is a rapidly growing
industry. Pipes are essential for connectivity, be it for water supply
inlets to provide for clean and waste water distribution systems,
agricultural watering system, liquid discharge installations, water
sprinkling and dropping systems, sanitation and sewerage disposal etc.
Together with pipes, pipe fittings are equally important because no
pipes can be installed without the use of fittings. Pipe fittings are
essential to connect pipes together. There are various types of pipe
fittings like adapters, couplings, elbows, tees, flanges, valves,
reducers, sleeves etc. which are used to connect pipes, tubes, flared,
pneumatic and other fittings for various configurations.
Pipe and pipe fittings are manufactured from a wide variety of
materials including stainless steel, brass, copper, carbon steel, cast
iron, bronze etc. With the change in time and and advancement and
improvement in technology, high performance polymers, rubber and
plastics are also being increasingly used with the conventional
materials.
Factors affecting the pipe fitting industry:
The growth of this industry is dependent on various factors. In all
pumps and piping system used in various industrial, commercial and
residential applications,pipe fittings play a vital role. No sealing in
pipes and tubes is possible without the use of pipe fittings. Starting
fro labor to government policies, many factors affect this industry. Two
important factors are as follows:
- Capital Expenditure, including private machinery and equipments
- Real Household Disposable Income
Market Trends:
Pipe fitting manufacturing and material specifications are
application-dependent. User consultation with the suppliers of pipe
fittings is typical for optimization of component selection. There are
certain safety and environment related issues facing the pipe fitting
industry. This is an important factor influencing buyers to select or
buy only quality products and the best fittings for specific
applications. Pipe fittings manufacturers are responding by devoting
more time and resources to product development and service. There is
also a recent trend to give more importance in the design process of
these highly demanded fittings. The growth area for pipe fittings
manufacturers is in manufacturing high-tech and developed products,
rather than making commodity-type products.
Pipe fittings of all types, materials and sizes are critical in
construction, building, chemical, energy, and other industrial
applications. According to a recent estimate, the pipe fitting industry
witnessed a growth of close to 8-10% globally in the last few years. The
global export market of the metal pipe fittings comprises US, Western
Europe, Australia, and Japan. India is one of the major exporting
nations. The pipe fitting industry is expected to experience
considerable change and varying growth rates in coming years.
