Product Code: ETC307644 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India tapping sleeves market import shipment experienced a negative CAGR from 2020 to 2024. Furthermore, the growth rate between 2023 and 2024 showed a significant decline. The market exhibited a clear trend of slowing down and contracting during this period, indicating challenges and decreased demand.
The India tapping sleeves market is estimated to reach a value of USD 300 million by 2025. The growth in the industrial sector such as automotive, construction, and electronics is propelling the demand for tapping sleeves in India. Growing awareness among industrial customers regarding efficient threading solutions has also contributed to increased adoption of tapping sleeves. In addition, increasing R&D investments from leading players to offer innovative products are further boosting the market growth potential.
The India tapping sleeves market is experiencing growth as the water and gas distribution networks undergo modernization and expansion. This market`s outlook is driven by factors such as the increasing demand for reliable and leak-proof connections in pipelines, the growth of infrastructure projects in urban and rural areas, and the adoption of tapping sleeves for their ease of installation and durability. Additionally, the development of corrosion-resistant and high-performance tapping sleeves and the rising focus on water conservation and efficient distribution systems are further contributing to market growth. The government`s initiatives to improve water and gas supply networks and the growing construction activities are also driving the demand for tapping sleeves in India.
The India tapping sleeves market is witnessing steady growth as the water and wastewater infrastructure undergoes expansion and upgrades. This market`s outlook is driven by factors such as the increasing demand for efficient and leak-proof connections in water supply networks, the growth of urbanization and industrialization, and the adoption of tapping sleeves for repair and maintenance of pipelines. Additionally, the development of corrosion-resistant and easy-to-install tapping sleeves and the rising focus on water conservation and distribution efficiency are further contributing to market growth. However, the market faces challenges related to the high cost of advanced tapping sleeves and the need for skilled labor for installation, hindering the adoption of these products in certain regions and applications.
The India tapping sleeves market is witnessing growth as the water and gas distribution networks undergo expansion and upgrades. This market`s outlook is driven by factors such as the increasing demand for tapping sleeves in water supply and sewerage systems, the growth of infrastructure projects, and the adoption of tapping sleeves for their efficiency in connecting and repairing pipelines. Additionally, the development of corrosion-resistant and leak-proof tapping sleeves and the rising focus on water conservation and leak detection are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in construction activities and supply chain challenges. However, it is expected to recover with the resumption of infrastructure projects and increased investments in water and gas distribution networks.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Tapping Sleeves Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Tapping Sleeves Market Revenues & Volume, 2021 & 2031F |
3.3 India Tapping Sleeves Market - Industry Life Cycle |
3.4 India Tapping Sleeves Market - Porter's Five Forces |
3.5 India Tapping Sleeves Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 India Tapping Sleeves Market Revenues & Volume Share, By Inches, 2021 & 2031F |
3.7 India Tapping Sleeves Market Revenues & Volume Share, By Fluid Motion, 2021 & 2031F |
3.8 India Tapping Sleeves Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Tapping Sleeves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for water and wastewater infrastructure projects in India |
4.2.2 Growing investments in the construction and infrastructure sectors |
4.2.3 Rising focus on improving water distribution systems in urban areas |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of skilled labor in the construction industry |
4.3.3 Regulatory challenges and compliance requirements in the market |
5 India Tapping Sleeves Market Trends |
6 India Tapping Sleeves Market, By Types |
6.1 India Tapping Sleeves Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 India Tapping Sleeves Market Revenues & Volume, By Material, 2021-2031F |
6.1.3 India Tapping Sleeves Market Revenues & Volume, By Steel (Fabricated Carbon, Stainless, etc.), 2021-2031F |
6.1.4 India Tapping Sleeves Market Revenues & Volume, By Ductile Iron, 2021-2031F |
6.1.5 India Tapping Sleeves Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2 India Tapping Sleeves Market, By Inches |
6.2.1 Overview and Analysis |
6.2.2 India Tapping Sleeves Market Revenues & Volume, By 44835, 2021-2031F |
6.2.3 India Tapping Sleeves Market Revenues & Volume, By 44136, 2021-2031F |
6.2.4 India Tapping Sleeves Market Revenues & Volume, By 21-30, 2021-2031F |
6.2.5 India Tapping Sleeves Market Revenues & Volume, By 31-40, 2021-2031F |
6.2.6 India Tapping Sleeves Market Revenues & Volume, By Above 40, 2021-2031F |
6.3 India Tapping Sleeves Market, By Fluid Motion |
6.3.1 Overview and Analysis |
6.3.2 India Tapping Sleeves Market Revenues & Volume, By Liquid, 2021-2031F |
6.3.3 India Tapping Sleeves Market Revenues & Volume, By Gas, 2021-2031F |
6.3.4 India Tapping Sleeves Market Revenues & Volume, By Oil, 2021-2031F |
6.4 India Tapping Sleeves Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Tapping Sleeves Market Revenues & Volume, By Drinking Water Distribution, 2021-2031F |
6.4.3 India Tapping Sleeves Market Revenues & Volume, By Wastewater Systems, 2021-2031F |
6.4.4 India Tapping Sleeves Market Revenues & Volume, By Gas Solution, 2021-2031F |
6.4.5 India Tapping Sleeves Market Revenues & Volume, By Petroleum Solution, 2021-2031F |
7 India Tapping Sleeves Market Import-Export Trade Statistics |
7.1 India Tapping Sleeves Market Export to Major Countries |
7.2 India Tapping Sleeves Market Imports from Major Countries |
8 India Tapping Sleeves Market Key Performance Indicators |
8.1 Infrastructure development projects initiated in urban and rural areas |
8.2 Adoption rate of innovative tapping sleeve technologies in the market |
8.3 Percentage increase in government spending on water and wastewater management in India |
9 India Tapping Sleeves Market - Opportunity Assessment |
9.1 India Tapping Sleeves Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 India Tapping Sleeves Market Opportunity Assessment, By Inches, 2021 & 2031F |
9.3 India Tapping Sleeves Market Opportunity Assessment, By Fluid Motion, 2021 & 2031F |
9.4 India Tapping Sleeves Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Tapping Sleeves Market - Competitive Landscape |
10.1 India Tapping Sleeves Market Revenue Share, By Companies, 2024 |
10.2 India Tapping Sleeves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |