HDPE Pipes Market Expected To Grow Considerably Due To the Increased Application of HDPE Pipes in A Variety of End-Use Industries
High-density polyethylene pipes are made from graded materials such as PE 63, PE 80 and PE 100 and are considered one of the best media for transporting and transporting chemicals, water and gases. One of the main advantages of using HDPE pipes is that they are 6 to 8 times lighter than conventional cast iron and galvanized iron pipes. It is also suitable for water transportation because it is inherently non-corrosive.
The HDPE pipe market is expected to grow considerably due to the increased application of HDPE pipes in a variety of end-use industries. As the demand for water irrigation systems in the agriculture industry grows, the growth of the HDPE pipe market is accelerating. Rapid urbanization increases the demand for water supply, which increases the demand for HDPE pipes. This contributes to the growth of the global HDPE pipe market.
In addition, an increase in sewage treatment infrastructure will increase demand for high-density polyethylene pipes. However, fluctuations in commodity prices due to crude oil volatility are expected to hamper market growth. Conversely, the innovation and progress of PE pipes are expected to provide growth opportunities for the HDPE pipe market.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/5053
The key players profiled in the report include
• JM Eagle Inc.
• WL Plastics
• Lane Enterprises Inc.
• Prinsco Inc.
• Poly plastic group
• Mexichem S.A.B. de C.V
• United Poly systems
• Radius system
• 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.
The other key players of the industry include Canada Culvert, Inc. (WGI Westman Group, Inc.), Dura-Line Corp., IPEX Inc., Reliance Industries Limited, and Kanaflex Corporation Co., Ltd.
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. The PE 63 segment is projected to be the most lucrative segment during the forecast owing to increase in use of PE 63 pipes in water transportation, agriculture, and drinking water applications.
Based on application, the market is segmented into oil & gas pipe, agricultural irrigation pipe, water supply pipe, sewage system pipe, and others. The water supply pipe segment is estimated to grow at the highest CAGR during the forecast period. The growth of the segment is attributed to rise in demand for water infrastructure due to growing population.
Based on region, the global HDPE pipes market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is anticipated to witness high growth rate during the forecast period owing to the increase in investment in the polyethylene industry.
Flat 20% Discount on All Type of License (https://www.alliedmarketresearch.com/checkout/565510 ) * Offer Valid Till 20th April 2019
Key Finding of the HDPE Pipes Market:
• The PE 100 segment nearly occupied three-fourth share of the global HDPE pipes market in 2017.
• The PE 63 segment is projected to grow at the highest CAGR during the forecast period.
• The water supply pipe application nearly occupied one-seventh share in 2017.
• North America accounted for one-fifth share of the global market in 2017.
Access Full Summery @ https://www.alliedmarketresearch.com/hdpe-pipes-market
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release HDPE Pipes Market Expected To Grow Considerably Due To the Increased Application of HDPE Pipes in A Variety of End-Use Industries here
News-ID: 1692416 • Views: 501
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for HDPE
HDPE Pipe Market Report: Trends, Forecast and Competitive Analysis
According to a new market report published by Lucintel, the future of the global HDPE (High Density Poly Ethylene) pipe market looks promising with opportunities in potable water, wastewater, oil and gas, and irrigation sectors. The global HDPE pipe market is expected to reach an estimated $22.4 billion by 2024 and is forecast to grow at a CAGR of 3.8% from 2019 to 2024. The major growth drivers for this
HDPE Blow Molding and Injection Molding Containers Market 2026
Due to its intrinsic physical and mechanical properties, high density polyethylene (HDPE) is highly used as packaging materials in different industries including food, beverages, pharmaceuticals, cosmetics, homecare, chemicals, and petrochemicals. Urbanization, changing consumer preferences, and expanding middle class have significantly contributed to the rising demand for consumer goods. Increased demand for consumer goods has, in turn, revolutionized the packaging industry, especially plastic packaging. Polyethylene is most commonly used in the packaging
Global High-density Polyethylene (HDPE) Market -Surging Demand from Packaging In …
Scope of the Report: This report focuses on the High-density Polyethylene (HDPE) in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications. Surging Demand from Packaging Industry to Boost Global High Density Polyethylene Market .Plastic packaging needs a large volume of the high density polyethylene as it is a core plastic in rigid packaging. Nearly
HDPE Pipes Market Overview and Forecast Report 2017 to 2022
Global HDPE Pipes revenue, share, overview, industry chain structure, types, applications,demand and projections to 2022. For this report, the HDPE Pipes value is provided for 2016 in USD millions, an expected CAGR % as well as USD million worth of industry in 2022. Regionally, the globe is segmented into United States, China, Europe, Japan, Southeast Asia and India to study their market size and local analysis. End user applications of HDPE
Global HDPE Packaging Market: Key vendors - Amcor, Bemis, Berry Plastics
Latest industry research report on: Global HDPE Packaging Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts HDPE packaging is used in industries such as food, beverage, pharmaceuticals, and consumer goods. Its properties of stiffness, moldability, and chemical resistance make it suitable for use in making various types of packaging including bottles, containers, cartons, bags, and others. Almost 70% of HDPE produced is used in packaging,
Research Focuses on Global HDPE Geomembrane
HDPE Geomembrane Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the HDPE Geomembrane basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures,