by Corinne Gangloff
August 10, 2018
Demand for pipe in behind the wall (BTW) plumbing is expected to grow 5.0% annually to $6.5 billion in 2022. Plastic pipe – which overtook metal pipe’s share of value demand in 2017 – will see the more rapid advances going forward, totaling $3.6 billion in 2022. Gains will be boosted by the continuing use of plastic pipe – particularly PEX – by plumbers and other construction professionals due to its low cost and ease of use. These and other trends are presented in Behind the Wall Plumbing, 2nd Edition, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Demand for metal pipe in BTW plumbing will rise at a much more modest rate through 2022. Strong competition from inexpensive plastic pipe will check dollar gains. Continuing use of galvanized steel pipe – which commands a much higher per-foot price than other pipe types – will support metal pipe demand in value terms.
US demand for all types of behind the wall plumbing products is forecast to advance 4.6% annually to $13.5 billion in 2022. To capitalize on this growth, it is important for industry participants to recognize the key factors boosting demand. These include:
Behind the Wall Plumbing, 2nd Edition (published 7/2018, 216 pages) is available for $5500 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email [email protected].
Related studies include:
#3546 Plumbing Fittings Market in the US (August 2017)
#3545 Plumbing Fixtures Market in the US (June 2017)
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