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Drain Cleaning Equipment Market Is Likely To Reach CAGR Of 6.0% During The Forecast Period | FMI

The market for drain cleaning equipment is anticipated to grow at a CAGR of 6.0% during the anticipated period. The market is anticipated to be worth US$ 234.6 million in 2022 and US$ 418.9 million by 2032.

Previously, the industry prospered from 2016 to 2021 with a CAGR of 5.1%. The need for drain cleaning tools is growing as a result of the need to protect water, wastewater, and sewage infrastructure. The drainage and piping system must be maintained, which is a difficult task. Therefore, one of the most important but frequently disregarded features of healthcare facilities is the adoption of drain cleaning equipment.

According to a global study on the market for drain cleaning equipment, a variety of materials can clog drainage systems. These obstructions may be difficult to locate, making removal challenging. Drain cleaning tools help to clear the drainage system and remove obstructions from specific areas. This equipment offers a simple solution and is expected to grow the market share for drain cleaning tools.

On the other hand, hand and power tools are both parts of the equipment used for drain cleaning. One myth about drain cleaning tools is that one machine can solve all drain problems. This is not the case, though, as there are several problems in various systems of different sizes and locations.

North America leads the global market for drain cleaning equipment by expected to secure nearly 31% of the share during the forecast period. Due to rising government support and investments in implementation & development, the drain cleaning equipment market size has been growing in recent years.

According to regional analyses of the drain cleaning equipment market, Europe is expected to have the fastest rate of growth, gaining 27% of the market during the forecast period. One of the main factors propelling growth in Europe’s construction industry is the increase in housing demand. The construction industries in Germany and the United Kingdom are expanding at an exponential rate, which is driving up demand for drain cleaning equipment.

Key Players:

  • Masco Corp
  • Gorlitz Sewer & Drain, Inc
  • General Wire Spring Co.
  • Electric Eel Manufacturing Co Inc
  • Spartan Tools LLC
  • Duracable Manufacturing CO
  • Rothenberger USA LLC
  • Goodway Technologies Corp.
  • GT Water Products Inc

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