DALLAS, Nov. 12, 2018 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the global concrete pipe market looks good with opportunities in the sewage, drainage, potable water, and irrigation sectors. The global concrete pipe market is expected to reach an estimated $23.7 billion by 2023 with a CAGR of 2.5% from 2018 to 2023. The major growth drivers for this market are residential and non-residential construction activities and the replacement of aging pipelines.