Southeast Asia Pipes Market Size Is Expected To Reach USD 24.8 Billion By 2028
San Francisco, 14 March 2022: The Report Southeast Asia Pipes Market Size, Share & Trends Analysis Report By Product, By Application (Plumbing, Drainage/Sanitary, HVAC), By End-use (Residential, Commercial), By Country, And Segment Forecasts, 2020 - 2028 The Southeast Asia pipes market size is expected to reach USD 24.8 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.3% from 2020 to 2028. Growing investments towards infrastructure development and the use of the product in construction refurbishment are factors expected to drive industry growth over the forecast period. Factors such as changes in raw material prices, stringent government regulations regarding industrial processes, policies related to the environment, and sustainability of the products are likely to have an impact on the profit margins of the product manufacturers. Investors are highly exposed to long-term risks due to possible disruptions i