According to Cognitive Market Research, the global Pipe Coupling market size was USD 1325.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.90% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 530.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 397.65 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 304.87 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 66.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 26.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
The Plastic Pipe Coupling category is the fastest growing segment of the Pipe Coupling industry