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The North America piping and fittings market is forecast to increase by USD 16.8 billion and is estimated to grow at a CAGR of 4.35% between 2023 and 2028. The market is experiencing significant growth, driven by the surge in E&P activities, particularly in the oil and gas sector. This trend is further fueled by advances in material use and technology, such as the adoption of high-performance alloys, plastic and non-metallic piping systems. However, the market faces challenges from volatile input costs, including raw materials and energy prices. Additionally, stringent regulations and increasing focus on environmental sustainability are shaping the market landscape. Despite these challenges, the market is expected to continue its growth trajectory, driven by increasing infrastructure development and the need for efficient and reliable piping solutions.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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