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Plumbing Fixtures and Fittings Market is expected to show significant growth by 2022

(EstateNewsWire.com, October 12, 2017 ) One of the key drivers for the growth of Plumbing Fixtures & Fittings Market is the increasing consumer interest for high value products. Demand for plumbing fixtures and fittings are projected to be boosted by the strong consumer interest in bathroom and kitchen renovation projects. Efforts for reducing water consumption is leading the house and business owners to replace old, less-efficient fixtures and fittings with new models that require less water, which further drives the growth of the market. The growing awareness of water scarcity will drive the environmentally conscious consumers towards replacing the traditional plumbing equipment with the new and advanced plumbing fixtures and fittings for saving water. Renovation in terms of shifting to new decorative Plumbing Fixtures and Fittings from older Fixtures and Fittings is being done extensively by hotels and restaurants for impressing visitors and guests by improving aesthetics and boosting the property values.



The report has been analyzed based on the materials, applications and regions. On the basis of materials, the vitreous china segment is expected to contribute the largest market share as vitreous china is the most cost-effective material for domestic fixtures such as toilet bowls and washbasins. Plastic Plumbing Fixtures & Fittings, made from a wide range of polymers such as fiberglass, cast polymer, and acrylic are also expected to grow significantly as they are tough and portable.



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Market Highlights:

The Global Plumbing Fixtures & Fittings Market is majorly driven by the growth in construction activity and efforts undertaken by the consumers to replace old and less-efficient valves and showerheads with newer models that use less water. The adoption of new Plumbing Fixtures and Fittings ensures savings on water bills. Advanced features such as sensor-operated touch less control increase convenience and improves hygiene for users. Rapid urbanization and the smart city initiatives majorly drive the growth of the Plumbing Fixtures & Fittings Market in developing nations.



Market Research Analysis:

Among all materials, vitreous china is expected to grow the highest as it is the most common and the most economical material for domestic fixtures such as toilet bowls, urinals, and washbasins. Properties of vitreous china such as resistance to spills and staining make it fit for use even in the wet bathroom conditions, driving modern manufacturers towards their use. It can be used on larger stand-alone tubs and kitchen fixtures.



Asia-Pacific region is expected to observe healthy growth during the forecast period. The market in Asia-Pacific is projected to be the fastest-growing market with the increase in population and rising income that accelerates the per capita spending on construction. The Plumbing Fixtures and Fittings Market in countries such as China and India are projected to be profitable during the forecast period, owing to the rising middle-class population and the overall rise in consumer spending on plumbing products.



Scope of the Report:

This study provides an overview of the Global Plumbing Fixtures & Fittings Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Plumbing fixtures & fittings market by its material, product and region.



By Material

Vitreous China

Metal

Plastic



By Product

Bathroom fixtures & fittings

Kitchen and Sink fixtures & fittings

Toilet fixtures & fittings



By Region

North America

Asia-Pacific

Europe

Rest of the World



Browse Full Report Details @ https://www.marketresearchfuture.com/reports/plumbing-fixtures-fittings-market-2399



About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.



MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.



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Market Research Future

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Email: sales@marketresearchfuture.com

Marketresearchfuture

Market Research Future

+1 646 845 9312

sales@marketresearchfuture.com

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