PUNE, India, July 22, 2016 /PRNewswire/ --
The report "Plumbing Fixtures Market by Material (Vitreous China, Metal, Plastics), Product (Bathtub & Shower Fixtures and Fittings, Sink Fixtures & Fittings, Toilet Fixtures & Fittings), Application (Renovated, New Buildings), End-Use - Forecast to 2021" , published by MarketsandMarkets, the market size is estimated to grow from USD 74.72 Billion in 2015 to USD 102.07 Billion by 2021, at a CAGR of 5.45%.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 193 market data Tables and 52 Figures spread through 245 Pages and in-depth TOC on "Plumbing Fixtures Market"
http://www.marketsandmarkets.com/Market-Reports/plumbing-fixture-market-77394490.html
Early buyers will receive 10% customization on this report.
Factors such as increasing demand in Asia-Pacific due to rapid urbanization, building renovations due to disasters and upgradations, rising construction activities in emerging economies, and large-scale investment in industrial and infrastructure sectors are some of the drivers for the growth of the Plumbing Fixtures & Fittings Market.
Residential buildings to gain maximum traction during the forecast period
The residential buildings segment dominated the market in 2015 and is projected to be the fastest-growing end-user industry in the next five years, as a result of the rising urbanization and changing lifestyle inclined toward new designs and better technology in homes. The residential market is projected to grow at the highest rate due to the rise in new and existing housing completions. Furthermore, the non-residential segment is projected to be the second fastest-growing end-use industry due to the rising demand from commercial buildings such as hotels, gyms, and spa resorts.
Plastics as a raw material to play a key role in the Plumbing Fixtures & Fittings Market
The report defines and segments the Plumbing Fixtures & Fittings Market on the basis of raw material into vitreous china, metal, and plastics. The vitreous china segment is projected to contribute the largest market share as it is the most economical material for domestic fixtures such as toilet bowls, urinals, and washbasins. Plastic plumbing fixtures & fittings, made from a wide range of polymers such as fiberglass, cast polymer, and acrylic, is projected to grow at the highest rate from 2016 to 2021.
Make an Enquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=77394490
"Asia-Pacific region to be the largest market for plumbing fixtures & fittings during the forecast period"
The Asia-Pacific region led the market in 2015 due to its large population and its proven identity of a major manufacturing hub that offers production opportunities at affordable costs to companies. As plumbing fixtures & fittings are used widely in residential and non-residential buildings, the Asia-Pacific region, which is witnessing major growth in these sectors as well, has become a large market for these packaging solutions. This was followed by North America, which was the second-largest market for plumbing fixtures & fittings followed by RoW and Europe.
The global market for Plumbing Fixtures & Fittings is dominated by players such as Geberit AG (Switzerland), Kohler Co. (U.S.), Jacuzzi Inc. (U.S.), Masco Corporation (U.S.), LIXIL Group Corporation (Japan), Fortune Brands Home & Security, Inc. (U.S.), TOTO Ltd (Japan), Roca Sanitario, S.A. (Spain), Elkay Manufacturing Company (U.S.), and MAAX Bath Inc. (Canada).
Browse Related Reports:
Dry Construction Market by Type (Supporting Framework & Boarding), Material (Metal, Wood, Plasterboard, Plastic, & Others), System (Wall, Ceiling, Flooring, & Others), Application (Residential & Non- Residential) & Region - Trends and Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/dry-construction-market-230745531.html
Flooring Market by Type (Soft covering, Resilient, Non-resilient, Others), Materials (Carpets & Rugs, Tiles, Vinyl, Wood, Others), Application (Residential, Non-residential), & by Region (North America, Europe, Asia-Pacific, RoW) - Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/flooring-market-110789434.html
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/packaging
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
