2018-2023 Global Polypropylene Pipes Consumption Market ReportNEWS 2018 :In this report, RRI covers the present scenario (with the base year being 2017) and the growth prospects of global Polypropylene Pipes market for 2018-2023.
Polypropylene pipe is mainly made of PP resin. Polypropylene (PP) is the lightest weight piping material with very good chemical resistance, even to many organic solvents.
PP-R pipe is made of Polypropylene Random Copolymer, which is approved for the production of pipes according to DIN8078 standards, designed for the transportation of portable hot and cold water distribution system with a really long lifetime.
Presently, PP-R pipe is the most common one in the whole PP pipe family.
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PP pipe and fittings have been widely used in household and commercial places. Among those applications, Hot and Cold Water Supply accounted for the largest share, which was 63.46% in 2016.
Compared with PVC pipe or PE pipe market, the PP pipe market is relative small and scattered. Many companies engaged in the industry are middle and small-sized, or the PP pipe business is just a small part in their whole business pattern. Global market of PP pipe was valued at 9831.77 million USD in the year of 2016, increasing from 8445.00 million USD of 2012, with the CAGR of 3.87%.
The global PP pipe consumption is mainly concentrated in China, Europe and North America for the time being. In 2016, the three regions contributed about 77.80% consumption share with the volume of 2919.7 K MT totally. Other regions, like Middle East, Latin America, also show promising demand.
Over the next five years, RRI projects that Polypropylene Pipes will register a 2.8% CAGR in terms of revenue, reach US$ 11900 million by 2023, from US$ 10000 million in 2017.
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This report presents a comprehensive overview, market shares, and growth opportunities of Polypropylene Pipes market by product type, application, key manufacturers and key regions.
To calculate the market size, RRI considers value and volume generated from the sales of the following segments:
Segmentation by product type:
PP-R Aluminum Foiled Pipe
Segmentation by application:
Hot and Cold Water Supply
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Kingbull Economic Development
Shanghai Rifeng Industrial
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Polypropylene Pipes consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Polypropylene Pipes market by identifying its various subsegments.
Focuses on the key global Polypropylene Pipes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Polypropylene Pipes with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Polypropylene Pipes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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