Prestressed Concrete Cylinder Pipe Market Size Forecast to Reach $7.2 Billion by 2026
The Rising Infrastructure Upgrades in Drinking Water Systems Is Expected to Result New Opportunities for the Growth of the Prestressed Concrete Cylindrical Pipe (PCCP) Market.
Hyderabad, India – July 10, 2021 /MarketersMedia/ —
Prestressed Concrete Cylinder Pipe Market size is forecast to reach US$7.2 billion by 2026, after growing at a CAGR of 3.5% during 2021-2026. Globally, the increasing usage of embedded steel cylinder and lined cylinder pipe in several applications such as in water transmission & distribution, cooling water system, and in sewer force mains has raised the demand for prestressed concrete cylinder pipes. Owing to the high compressive strength concrete and high tensile strength steels of prestressed concrete cylinder pipe (PCCP) form a strong base that can withstand harsh environments making it suitable for high-pressure water transmission, urban wastewater and industrial pipe applications. PCCP does not require bracing, lightweight bedding, aggregate trucking, unshrinkable filling and welding to make it simpler and more affordable to build, due to which it is projected to bring new opportunities to the prestressed concrete cylinder pipe industry to expand during the predicted period.
Prestressed Concrete Cylinder Pipe Market Segment Analysis – By Type
Embedded Steel Cylinder/ Embedded Cylinder Pipe (ECP) segment held the largest share in the prestressed concrete cylinder pipe market in 2020. Prestressed Embedded Pipe is ideal for applications such as delivery and transmission systems, treatment plants and manufacturing pipes. Pre-stressed Concrete Embedded pipe blends high compressive strength of concrete to form robust structures that can fulfill project specifications. The mortar coating on the pipe creates a passive alkaline environment that protects the steel cylinder, the joint ring and the pre-stressing wire from corrosion. As concrete continues to gain strength while underground, PCCP materials will be increasingly protected over many decades of service. Thus, the increasing demand for embedded steel cylinder/ embedded cylinder pipe will further drive the market for prestressed concrete cylinder pipe in the forecast period.
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Prestressed Concrete Cylinder Pipe Market Segment Analysis – By Manufacturing Method
Two stage constructions is the widely used method in the prestressed concrete cylinder pipe market. Two-stage construction is a particular type of concrete that is manufactured using a specific process that differs from that of monolyte construction. In the first stage, concrete is cast over a tensioned longitudinal reinforcement to produce non-cylinder form prestressed concrete cylinder pipes. In the second stage, after concrete curing, pre-stressed wires are wrapped under tension around the diameter of the concrete pipe and the cement mortar coating is coated on it. In the second phase, longitudinal stresses induced in the first phase are beneficial in avoiding cracking due to circumferential winding and cracking during pipe installation. Larger diameter pipes are used for extremely high pressures and could require double winding of wires and double mortar coating.
Prestressed Concrete Cylinder Pipe Market Segment Analysis – By Application
Water transmission & distribution held the largest share in the prestressed concrete cylinder pipe market and is projected to grow at a CAGR of 2.9% during the forecast period 2021-2026. Pre-stressed concrete cylinder pipe (PCCP) is a composite pipe structure widely used for high-pressure water transmission and distribution. Owing to the low cost and relatively stable performance compared with other large-diameter pipe materials working under high-pressure prestressed concrete cylinder pipe is highly preferred for water transmission & distribution. This in turn is propelling the demand for water transmission & distribution, and consequently driving the global prestressed concrete cylinder pipe market.
Prestressed Concrete Cylinder Pipe Market Drivers
Rising Infrastructure Projects will Drive the Demand for Prestressed Concrete Cylinder Pipe
Superior prestressed concrete cylinder pipe (PCCP) properties such as high strength to withstand internal and external loads, corrosion resistance, and ease of installation, are driving the need for prestressed concrete cylinder pipe (PCCP) in the infrastructure sectors. Currently, the rising investment in the infrastructure industry is estimated to drive the demand for prestressed concrete cylinder pipe market. According to the International Trade Administration (ITA), in the upcoming years, there will be a stronger role for the federal government to play in the infrastructure sector. Shortly, the current administration is projected to focus on small-scale development programs worth US$20 million. Also, the Serbian government initiated a new National Investment Program in December 2019 to contribute approximately US$13.5 billion to large construction projects to be completed by 2025, with infrastructure programmes receiving the majority of the funds.
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Prestressed Concrete Cylinder Pipe Market Landscape
Major players in the prestressed concrete cylinder pipe market are WaterRF, Pure Technologies Ltd., Phoenix, Ameron International Corporation, Hume Pipe, Csawwa, Shandong Longquan Pipeline Engineering, Xinjiang Guotong Pipeline, Zhejiang Dragon Pipe, and Ningxia Qinglong Pipes Industry among others.
Key Takeaways
North America region dominated the prestressed concrete cylindrical pipe (PCCP) market owing to increasing usage of embedded steel cylinder and lined cylinder pipe in countries such as U.S, Canada, and Mexico, in communal, commercial, and agricultural processes for the delivery of water.
Liners adhering to the inner concrete center of carbon fiber reinforced polymer (CFRP) will provide an efficient means of internal repair and reinforcement of prestressed concrete cylindrical pipe (PCCP) will drive the market growth over the forecast period.
Rising government policies in the construction of wastewater treatment systems, and infrastructure upgrades in drinking water systems is expected to result new opportunities for the growth of the prestressed concrete cylindrical pipe (PCCP) market.
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