According to a report published by Bluefield Research, a water-focused market research firm based in Boston, Mass., by 2030, yearly investment in water and wastewater management will be more than $62 billion U.S. The firm attributes this to the explosion of AI-powered technology (driving the need for more data centers), the push to bring semiconductor manufacturing back to the U.S., energy transition, and national security.
Founder Brian Tuohey will be transitioning day-to-day leadership to the next generation, with his children stepping into key executive roles effective January 1, 2026.
According to the American Institute of Architects, non-residential construction spending is projected to grow by 2.2% in 2025 and 2.6% in 2026. The industrial sector is expected to outperform other non-residential projects, with resilience and modest growth in areas like data centers, public infrastructure, and water treatment.
Due to matters such as geopolitical instability, interest rate uncertainties, labor shortages, and increased demand for domestic manufactured goods, industrial distributors had to adapt to changing market conditions.
ASA Industrial Piping Division talk tariffs and commodities.
April 8, 2025
Each month ASA asks members of its Industrial Piping Division (those primarily doing business in the industrial/mechanical pipe, valves and fittings segment) for their thoughts on current market conditions and trends, giving the reader boots-on the-ground insights.
Global industrial pipe market to reach $52.6 billion by 2030 with 4.1% CAGR. Demand driven by power generation, petrochemical, and industrial processes. Regulatory changes causing project delays for industrial PVF players.
In this article, we will discuss the significant trends impacting the industrial distribution sector, including digital transformation, automation, data optimization, omnichannel approaches, challenges in improving profit margins, legacy system fragmentation, and industry consolidation.
IMARK Plumbing and Luxury Products Group held its summer invitational in Marco Island, Florida in late July. This was the group’s second in-person event since the onset of the pandemic. Members and suppliers gathered at the JW Marriot Marco Island Beach Resort and Spa for group updates, industry insights and networking. During the event, IMARK Group’s Vice President of PVF Scott Bardreau announced the launch of three new verticals for its members: PVF, irrigation and waterworks.
The industrial PVF sector is facing a set of challenges that market experts describe as “the perfect storm.” Top concerns among pros in the industrial sector include commodity price increases, tariffs and trade disruption, freight inflation, fleet shortages and — of course — the ongoing lack of skilled labor.
Core & Main announced it has entered into a definitive agreement to acquire Pacific Pipe Company, based in Hawaii. The acquisition would mark Core & Main’s 14th transaction since becoming an independent company in August 2017.