African Pressure Pipe Market - Forecast(2024 - 2030)

The African Pressure Pipe market is expected to reach at USD $493.5 million by 2030 and is expected to grow at a CAGR of 4.2% during the forecast period. The aging demographic is more susceptible to thrombotic events, contributing significantly to the demand for African Pressure Pipe. As the global population continues to age, the market is anticipated to witness sustained growth. 

The demand for pressure pipes in Water & Wastewater industry, high government investments for infrastructure, growing demand towards the plastic pipes as they are non-corrosive in nature and increasing urbanizations aiding the infrastructural growth are some of the factors driving the growth of the market. The burgeoning demand for high pressure pipelines for fluid and gas transfer in critical mining and gas utility piping projects across the continent acts as a major factor, driving the market

The growing renovation and construction of new water infrastructure to ensure sustainable water supply in Africa can be considered vital in driving the market growth forward. The aim is therefore to rehabilitate and install new, robust pumps, pipes and motors to ensure that the water supply from the pump house is operating as efficiently as possible to supply enough water for the entire continent Africa. In addition to that, the burgeoning demand for improving drainage infrastructure in order to reduce flooding, prevent water pollution, improve traffic flow and contribute to the socio-economic development of Africa acts as a prime factor driving the Africa pressure Pipe market growth froward

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The "African Pressure Pipe Market Report - Forecast (2024-2030)" by IndustryARC covers an in-depth analysis of the following segments in the African Pressure Pipe Market.

 

 

● Significant price volatility in the plastics industry has been reported over the past year, owing to the impact of COVID-19 on the supply of input chemicals, such as alcohol. Moreover, the subsequent lockdown, price hikes over the past few months, and escalating import and operational costs have also resulted in an interrupted and reliable supply of raw materials.

● Russia's war in Ukraine has hampered Africa's promising recovery from the COVID-19 pandemic by raising food and fuel prices, disrupting trade of goods and services, tightening fiscal space, limiting green transitions, and reducing the flow of development finance across the continent. or instance, by the end of 2021, Africa exceeded expectations of a 3.7 percent GDP growth, recording a 4.5 percent growth. The recovery was fragile but the continent appeared to be back on track toward attaining the U.N.'s Sustainable Development Goals. However, on February 24, Russia invaded
Ukraine in an unprovoked act of aggression. The aftershocks of the ongoing war are being felt around the world, including in Africa.

South Africa has the fastest growth with CAGR of 4.2% in 2024-2030 during forecast period 2024-2030. Increase in demand for pipes in the construction and water and wastewater treatment industry drives the demand for PVC pressure pipe during the forecast period. Surge in use of PVC pipes is expected to be a major driver for Africa pressure pipe market growth in the future. South African manufacturer Sizabantu Piping Systems expands on the R&D evolution and its own contribution to growing the regional PVC market for water and wastewater.
According to U.S. Department of Commerce, in Africa more than 95% of domestic sewer reticulation systems use PVC pipes. The improvement in PVC's strength, driven by improved technology, is substantial: increasing from 10 MPa to 36 MPa as the material has metamorphosed through PVC-U (unplasticised), PVC-M (modified) and PVC-O (oriented). The 260% increase in the strength of PVC-O (Oriented Unplasticised Poly Vinyl Chloride) pressure pipes provides a significant advantage to design engineers, clients, and the people.


In the African Pressure Pipe Market analysis, Pressure Pipe segment is estimated to grow with the highest CAGR of 3.9% during the forecast period. In April 2022, South Africa-based energy and chemical giant Sasol Ltd. announced to no longer invest in a planned gas pipeline from Mozambique to South Africa to avoid being locked-in to costly fossil fuel infrastructure in the long-term. The company instead plans to focus on liquified natural gas (LNG) imports to achieve the goal of 30% reduction in green house gases emissions by 2030 which tend to be a major driving factor for the growth of Gas Reticulation Pipes in Africa, contributing significantly in the Africa Pressure Pipe Market growth during the forecast period. 

According to the African Pressure Pipe Market forecast, the PVC segment held the largest market share of 35% in 2023. PVC pressure pipe is a white plastic pipe that is used in plumbing and drainage.
PVC has grown in acceptance as an alternative to metal piping. PVC is a widely used plastic all over the world because of its strength, durability, ease of installation, and low cost.

The necessity for urban sewage treatment has been prompted by the sharp rise in consumer demand and the growing shortage of fresh water. The most recent methods, such as biological treatment, suspended material removal, and disinfection/oxidation, are utilized to treat municipal water and wastewater. During the process, the pressure pipes are extensively used. For effective management of drinking water and wastewater across Africa, the Department of Water and Sanitation (DWS) designed the Blue and Green Drop certification programs. In this program, water and wastewater treatment plants are scored based on their overall performance based on several indices.

Growing investments in infrastructures and construction activities are driving the market growth. Increasing usage of pipe for both domestic and commercial applications is acting as a potential market driver for the market. Also, rising renovations and remodeling activities, increase the sales and profit of the players operating in the market. * As the world becomes more populous, increased urbanization, climate change and changes in food production are driving water demand at a rate that outpaces supply. To achieve the Sustainable Development Goals for water and sanitation by 2030, Africa will need to invest consistently in water infrastructure, operations and maintenance, efficient water resource management, and strengthened policy and regulatory frameworks. Current annual investment levels are in the $8-10 billion range, with annual investment needs of around $22 billion.

The cost fluctuation of raw materials for pressure pipes is one of the biggest factors hampering the market growth. The surge in raw material prices prompted major steel companies to increase prices in 2022 after two successive months of hikes. The steel market is going through several changes, including China's evolving role in the market and costs rising, said Tata Steel's CEO, T.V. Narendran.In the last seven or eight years, the average price for hot-rolled coil steel was around $400 or $450 per ton. That figure is likely to be above $600 in the coming years.

                                                       

 

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Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the African Pressure Pipe Market. The top 10 companies in this industry are listed below: