Tapping Sleeve Market: Boosting The Growth Worldwide- Market Dynamics And Trends, Efficiencies Forecast 2018 - 2026
According to a new market report published by Transparency Market Research titled “Tapping Sleeves Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global tapping sleeves market is expected to reach a value of US$ 2,975 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 5.2% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 1,815 thousand units in 2017. The Asia Pacific tapping sleeves market is projected to have the highest growth during the forecast period. The market witnessed considerable growth due to increased demand for pipelines for diverse applications. The tapping sleeves market is influenced by market dynamics with the prime driving factor of increasing pipeline network in water distribution especially in developing countries. Out of the global network of pipelines, the U.S. stands at first position in terms of kilometers. These pip...