HDPE Pipes Market Revenue to Rise Substantially Owing to Increasing End-use Adoption by Key Players: JM Eagle, WL Plastics, Lane Enterprises, Prinsco, Uponor, Poly plastic group and More
The key players profiled in the report include JM Eagle Inc., WL Plastics, Lane Enterprises, Inc., Prinsco, Inc., Uponor, Poly plastic group, Mexichem S.A.B. de C.V, United Poly systems, Radius system, and Blue Diamond Industries, LLC.
These market players are adopting different strategies such as acquisition, product launch, and merger to stay competitive in the global HDPE pipes market. Other key players include Canada Culvert, Inc. (WGI Westman Group, Inc.), Dura-Line Corp., IPEX Inc., Reliance Industries Limited, and Kanaflex Corporation Co., Ltd.
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High density polyethylene pipes (HDPE) are electrical conduits made from graded raw materials such as PE 63, PE 80, and PE 100. These pipes are one of the most premier mediums of conveying and transporting chemicals, water, and gases. One of the major advantages of utilizing HDPE pipes is that they are 6-8 times lighter than conventional cast iron and galvanized iron pipes.
In addition, high density polyethylene pipes are non-corrosive in nature, which makes them suitable for water transportation. The advantageous properties of HDPE pipes make them appropriate for numerous applications including flood irrigation, drip irrigation, portable water supply & distribution, sewage & industrial effluent disposal, air-conditioning & refrigeration ducting, electrical installations, and drainage pipes.
Owing to the increasing application of HDPE pipes in various end use industries, the market for HDPE pipe is expected to witness substantial growth. The growth in demand from water irrigation systems in agricultural industry is expected to drive the growth of the HDPE pipe market. Rapid urbanization is anticipated to increase the demand for water supply, leading to increase in requirement of HDPE pipes. Furthermore, growth in sewage disposal infrastructure fuels the demand for HDPE pipes. However, volatile raw material prices attributed to fluctuation in prices of crude oil is expected to hamper the market growth. Conversely, innovation and technological advancements in PE pipe provide future growth opportunities to the HDPE pipes market.
The global HDPE Pipes market is segmented into type, application, and region. Based on type, the global HDPE pipes market is divided into PE 63, PE 80, and PE 100. Based on application, the market is classified into oil & gas pipe, agricultural irrigation pipe, water supply pipe, sewage system pipe, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits for HDPE Pipes Market :
• Porter’s five forces analysis helps analyze the potential of buyers and suppliers and the competitive scenario of the industry for strategy building.
• It outlines the current trends and future scenario of the HDPE pipes market from 2017 to 2025 to understand the prevailing opportunities and potential investment pockets.
• Major countries in each region have been mapped according to their individual revenue contribution to the global/regional market.
• The key drivers, restrains, and opportunities and their detailed impact analyses are elucidated in the study.
• The profiles of key players along with their key strategic developments are enlisted in the report.
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