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The sectors are forecast to rise by 8.3% this year, driven by strong spending in oil and gas pipelines, chemical processing, metals and minerals, and power sectors, with notable growth in natural gas pipelines and renewable energy projects.
February 2, 2026
Industrial industrial project spending for pipe, valves, and fittings (PVF) is projected to climb 8.3% to over $45.6 billion in 2026, fueled by a surge in natural gas infrastructure and a shifting regulatory landscape for energy and mining.
Rising materials and equipment costs are increasing financial strain on developers and contractors, especially those working under fixed-price contracts signed before recent price hikes.
Discover why investing in internal talent often outperforms external consultants by combining deep institutional knowledge with industry-wide expertise to drive measurable growth and operational efficiency.
Smardt AIR promises semi-custom and custom commercial air-handling equipment with higher efficiency, faster delivery, smarter controls, and real sustainability.
Backed by more than a century of innovation, Rinnai’s product lineup is engineered to simplify installation and maintenance for PROs while advancing energy efficiency and sustainability.
Service Autopilot and FieldEdge bring service business owners together in Nashville for a State of the Industry conference focused on navigating today’s market pressures, strengthening operations, and building scalable businesses.