[250 Pages Report] The spigot end cap market is anticipated to register a CAGR of 6.5% during the forecast period, up from US$ 35.27 Bn in 2022 to reach a valuation of US$ 66.21 Bn by 2032.
Sales of spigot end cap is expected to rise due to rapid urbanization, increased middle-class disposable income, and expanding private and state investment. In addition to this, demand for spigot end cap is rising due to spigot end cap's sturdy and corrosion-resistant solution for building and construction end use. This factor is expected to boost the spigot end cap market over the forecast period.
Attributes | Details |
---|---|
Spigot End Cap Market CAGR (2022-2032) | 6.5% |
Spigot End Cap Market Value (2022) | US$ 35.27 Bn |
Spigot End Cap Market Value (2032) | US$ 66.21 Bn |
Another factor driving the sales of spigot end cap is the fact that it requires less maintenance after being used in a protective application. In addition, the increased demand for spigot end cap piping solutions in irrigation is propelling the spigot end cap market share forward.
Furthermore, the building and construction industry's growing demand for spigot end cap protective packaging solutions is projected to provide growth prospects for the spigot end cap market. Furthermore, the sales of spigot end cap is projected to be hampered by severe plastic consumption regulations throughout the forecast period.
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The demand for spigot end cap strong and durable solutions for building and construction applications, such as spigot end cap, has grown in recent years. The sales of spigot end cap is growing as manufacturers are now producing protective packaging solutions like spigot end caps based on consumer needs. Another factor propelling the demand for spigot end caps is that they can be used in traditional packaging applications such as bottles, pipes, and so on.
The demand for spigot end cap is rising as they are gaining popularity in multiple end use industries. Spigot end cap are also used on packaging for building and construction applications, automobile spare parts, electronic appliances, consumer products, and other applications. As a result, the sales of spigot end cap is projected to grow rapidly during the forecast period. Furthermore, the demand for spigot end cap is growing as it cost-effective closing solution which aids in boosting the safety of packed items and applications.
The spigot end cap market is anticipated to grow as they are created and built to protect products or goods from vibration, magnetic, atmospheric, and shock damage, among other things. The sales of spigot end cap are rising as they help to reduce waste and save money. Spigot end caps are often made of high-density polyethylene (HDPE), low-density polyethylene (LDPE), expanded polystyrene (EPS), chloride (PVC), and other materials. Plastic spigot end caps are also employed in a variety of packing applications as a corrosion-resistant option. During the projection period, all of the aforementioned factors are anticipated to provide enormous opportunities for the spigot end cap market.
Due to rising sales of spigot end cap, Canada is expected to have significant expansion in the spigot end cap market share during the forecast period. Furthermore, due to high demand for spigot end cap from the building and construction industry, the United States is expected to dominate the North American spigot end cap market throughout the projection period.
Due to the widespread use of spigot end caps in irrigation and agriculture applications in the Asia Pacific area, India and China are expected to witness increase in the sales of spigot end cap.
Plastitalia Spa, Fusion Group Limited, Kuzeyboru Company, Kimplas Piping Systems Ltd., T-mex Ltd, Adroit Piping Systems, and others are some of the key players in the spigot end cap market. During the projected period, some unorganized and local companies are also expected to contribute to the spigot end cap market growth.
Report Attribute | Details |
---|---|
Growth rate | CAGR of 6.5% from 2022 to 2032 |
Base year for estimation | 2021 |
Historical data | 2015 - 2020 |
Forecast period | 2022 - 2032 |
Quantitative units | Revenue in USD million, volume in kilotons, and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments covered | Material type, thickness, application, end use industry, region |
Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
Key companies profiled | Plastitalia Spa, Fusion Group Limited, Kuzeyboru Company, Kimplas Piping Systems Ltd., T-mex Ltd, Adroit Piping Systems |
Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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The spigot end cap market is forecasted to register a CAGR of 6.5% during the forecast period.
Key players holding substantial spigot end cap market share include Plastitalia Spa, Fusion Group Limited, Kuzeyboru Company, Kimplas Piping Systems Ltd., T-mex Ltd, Adroit Piping Systems.
As per the analysis, the spigot end cap market share is likely to be US$ 66.21 Bn by 2032.
Demand for spigot end cap is likely to rise due to spigot end cap's sturdy and corrosion-resistant solution for building and construction end use.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Impact of Covid-19 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Macro Factors and Forecast Factors 3.4. Value Chain Analysis 3.4.1. Profit Margin Analysis 3.4.2. Raw Material Suppliers 3.4.3. Manufacturers, Wholesalers and Distributors 3.4.4. End Users/ Customers 3.5. Regional Parent Market Outlook 3.6. Production and Consumption Statistics 3.7. Global Average Pricing Analysis Benchmark 4. Global Spigot End Cap Market Analysis 2015-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2015-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Material 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Material, 2015-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Material, 2022-2032 5.3.1. Plastic 5.3.2. Rubber 5.4. Y-o-Y Growth Trend Analysis by Material, 2015-2021 5.5. Absolute $ Opportunity Analysis by Material, 2022-2032 6. Global Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Thickness 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Thickness, 2015-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Thickness, 2022-2032 6.3.1. Up to 20 mm 6.3.2. 21-50 mm 6.3.3. 51-100 mm 6.3.4. Above 100 mm 6.4. Y-o-Y Growth Trend Analysis by Thickness, 2015-2021 6.5. Absolute $ Opportunity Analysis by Thickness, 2022-2032 7. Global Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By End Use 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by End Use, 2015-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by End Use, 2022-2032 7.3.1. Building & Construction 7.3.2. Automobile 7.3.3. Electrical & Electronics 7.4. Y-o-Y Growth Trend Analysis by End Use, 2015-2021 7.5. Absolute $ Opportunity Analysis by End Use, 2022-2032 8. Global Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Region 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis by Region, 2015-2021 8.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast by Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia 8.3.6. Oceania 8.3.7. Middle East and Africa (MEA) 8.4. Market Attractiveness Analysis, by Region 9. North America Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Material 9.2.3. By Thickness 9.2.4. By End Use 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Material 9.3.3. By Thickness 9.3.4. By End Use 9.4. Key Takeaways 10. Latin America Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Chile 10.2.1.5. Peru 10.2.1.6. Rest of Latin America 10.2.2. By Material 10.2.3. By Thickness 10.2.4. By End Use 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Material 10.3.3. By Thickness 10.3.4. By End Use 10.4. Key Takeaways 11. Europe Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. U.K. 11.2.1.5. Spain 11.2.1.6. BENELUX 11.2.1.7. Nordic 11.2.1.8. Russia 11.2.1.9. Poland 11.2.1.10. Rest of Europe 11.2.2. By Material 11.2.3. By Thickness 11.2.4. By End Use 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Material 11.3.3. By Thickness 11.3.4. By End Use 11.4. Key Takeaways 12. East Asia Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Material 12.2.3. By Thickness 12.2.4. By End Use 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Material 12.3.3. By Thickness 12.3.4. By End Use 12.4. Key Takeaways 13. South Asia Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Malaysia 13.2.1.4. Indonesia 13.2.1.5. Rest of South Asia 13.2.2. By Material 13.2.3. By Thickness 13.2.4. By End Use 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Material 13.3.3. By Thickness 13.3.4. By End Use 13.4. Key Takeaways 14. Oceania Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Country 14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Material 14.2.3. By Thickness 14.2.4. By End Use 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Material 14.3.3. By Thickness 14.3.4. By End Use 14.4. Key Takeaways 15. Middle East & Africa Spigot End Cap Market Analysis 2015–2021 and Forecast 2022–2032, By Country 15.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis by Market Taxonomy, 2015-2021 15.2. Market Size Value (US$ Mn) & Volume (Units) Forecast by Market Taxonomy, 2022-2032 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. Turkey 15.2.1.3. Northern Africa 15.2.1.4. South Africa 15.2.1.5. Rest of MEA 15.2.2. By Material 15.2.3. By Thickness 15.2.4. By End Use 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Material 15.3.3. By Thickness 15.3.4. By End Use 15.4. Key Takeaways 16. Country wise Spigot End Cap Market Analysis 16.1. United States (U.S.) 16.1.1. Market Share Analysis, 2022 16.1.2. By Material 16.1.3. By Thickness 16.1.4. By End Use 16.2. Canada 16.2.1. Market Share Analysis, 2022 16.2.2. By Material 16.2.3. By Thickness 16.2.4. By End Use 16.3. Brazil 16.3.1. Market Share Analysis, 2022 16.3.2. By Material 16.3.3. By Thickness 16.3.4. By End Use 16.4. Mexico 16.4.1. Market Share Analysis, 2022 16.4.2. By Material 16.4.3. By Thickness 16.4.4. By End Use 16.5. Germany 16.5.1. Market Share Analysis, 2022 16.5.2. By Material 16.5.3. By Thickness 16.5.4. By End Use 16.6. Italy 16.6.1. Market Share Analysis, 2022 16.6.2. By Material 16.6.3. By Thickness 16.6.4. By End Use 16.7. France 16.7.1. Market Share Analysis, 2022 16.7.2. By Material 16.7.3. By Thickness 16.7.4. By End Use 16.8. Spain 16.8.1. Market Share Analysis, 2022 16.8.2. By Material 16.8.3. By Thickness 16.8.4. By End Use 16.9. U.K. 16.9.1. Market Share Analysis, 2022 16.9.2. By Material 16.9.3. By Thickness 16.9.4. By End Use 16.10. Russia 16.10.1. Market Share Analysis, 2022 16.10.2. By Material 16.10.3. By Thickness 16.10.4. By End Use 16.11. China 16.11.1. Market Share Analysis, 2022 16.11.2. By Material 16.11.3. By Thickness 16.11.4. By End Use 16.12. Japan 16.12.1. Market Share Analysis, 2022 16.12.2. By Material 16.12.3. By Thickness 16.12.4. By End Use 16.13. India 16.13.1. Market Share Analysis, 2022 16.13.2. By Material 16.13.3. By Thickness 16.13.4. By End Use 16.14. GCC Countries 16.14.1. Market Share Analysis, 2022 16.14.2. By Material 16.14.3. By Thickness 16.14.4. By End Use 16.15. Australia 16.15.1. Market Share Analysis, 2022 16.15.2. By Material 16.15.3. By Thickness 16.15.4. By End Use 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Region 17.3.2. By Product Portfolio 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Plastitalia Spa 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments (Product/Channel/Region) 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Fusion Group Limited 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments (Product/Channel/Region) 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Kuzeyboru Company 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments (Product/Channel/Region) 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Vinidex Pty Ltd 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments (Product/Channel/Region) 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Macplast 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments (Product/Channel/Region) 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Petersen Products Co. 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments (Product/Channel/Region) 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Enviropipes 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments (Product/Channel/Region) 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Tega Engineering 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments (Product/Channel/Region) 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. PCA 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments (Product/Channel/Region) 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Doughty Engineering Ltd 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments (Product/Channel/Region) 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Saint-Gobain Building Distribution Limited. 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments (Product/Channel/Region) 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 19. Assumptions and Acronyms Used 20. Research Methodology
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