Press release
Global HDPE Pipes Market is anticipated to flourish at notable CAGR of 5.7 % By 2024 |Top Players – JM Eagle Inc, WL Plastics, POLYPLASTIC Group, Lane Enterprises, Inc., Prinsco, Inc., Other Major & Niche Players
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Global HDPE pipe market is anticipated to reach USD 22,976.8 Million by the end of 2024 from USD 15,975.2 Million in 2018. The global HDPE pipe market is expected to flourish at a CAGR of 5.7% in the terms of value during the time period i.e. 2019-2024. In the terms of volume, HDPE pipe consumption was totaled 9,282.6 thousand ton in 2018. The rise in agricultural and industrial activities and demand for pipeline infrastructure is increasing in oil & gas exploration and production activities are anticipated to drive the growth of the global HDPE pipes market over the upcoming years.
Market Dynamics
Growth Drivers – HDPE pipe Market
Aging Water Infrastructure
The HDPE (High-Density Polyethylene) pipes are used as a medium for supplying drinking water. Various countries in America are facing the problem with the water which is affecting the individual household and communities. In the past few months, the United States Environmental Protection Agency (EPA) also announced the availability of more than USD 95 Million in new funds to help the State of Michigan, such government initiatives to improve the drinking water and wastewater infrastructure is expected to drive the growth of HDPE pipes market in the North America region. The United States totally depends upon the underground pipes for their water supply, but the network of these underground pipes has reached the end of their useful life, which is resulting in various health problems. Further, increasing spending on the water infrastructure and wastewater treatment is believed to impetus the growth of the HDPE pipes market over the upcoming years.
Sewage Disposal Infrastructure
Due to the continuous infrastructure development of sewage systems in the developing countries, the demand for plastic pipes has increased exponentially, on the back of which the demand for high-density polyethylene (HDPE) pipes is also increasing. The HDPE pipes offer various functional advantages such as sustainability, durability, and flexibility along with superior resistance to corrosion and abrasion which are needed in the sewage water treatment. Apart from this, the HDPE piping systems also provide long service life, excellent joint performance, and offer leak-free protection. Further, the growth of the sewage disposal infrastructure is anticipated to positively impact the growth of HDPE pipes market.
HDPE Pipes in Oil & Gas Industry
In the oil & gas industry, the companies are trying to adopt high-density polyethylene (HDPE) pipes as an alternative of steel pipes due to the cost-effectiveness of the HDPE pipes. Also, the HDPE pipes offer advantages such as chemical and corrosion resistance, lightweight and these pipes also can be used in moderate temperatures. Apart from this, in the oil & gas industry, the high-density polyethylene (HDPE) pipes are also used in the fracking (a process of injecting liquid at high pressure) for the collection and transportation of hydrocarbons, as well as the transportation and collection of water which is used in this process. The major reason behind using the HDPE pipes in this process is its excellent impact resistance, high tensile strength, low moisture absorption, and ease-of-handling. Further, these advantages are increasing the use of HDPE pipes in the oil & gas industry which is expected to drive the growth of the HDPE pipes market over the forecast period.
Segmentation
By Product Type
- PE80
- PE100
- PE100RC
- Others
By Application
- Oil & Gas Pipe
- Agricultural Irrigation Pipe
- Water Supply Pipe
- Sewage System Pipe
- Others
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
- JM Eagle Inc.
- WL Plastics
- POLYPLASTIC Group
- Lane Enterprises, Inc.
- Prinsco, Inc.
- Uponor Oyj
- Mexichem
- United Poly Systems
- Blue Diamond Industries, LLC
- Radius Systems Ltd.
- Other Major & Niche Players
Browse Full Report With TOC - https://www.fastmr.com/report/hdpe-pipes-market
Table of Contents
1 Preface
1.1 Research Methodology
1.2 Geographic Scope
1.3 Years Considered
2 Executive Summary
3 Market Overview
3.1 HDPE Pipes Overview
3.2 Market Definition & Key Market Segments
3.3 Industry Development
3.4 Global Market Maturity
3.4.1 North America
3.4.2 Europe
3.4.3 Asia Pacific
3.4.4 Latin America
3.4.5 Middle East & Africa
3.5 Porter’s Five Force Analysis
3.6 Industry Value Chain Analysis
3.7 Macro-Economic Trends
4 Competitive Landscape
4.1 Global HDPE Pipes Market 2017
4.2 Global HDPE Pipes Market Value Share, By Company 2017
4.3 Global HDPE Pipes Market Volume Share, By Company 2017
5 Growth Drivers & Barriers in Global HDPE Pipes Market
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Rest of World
6 Trends in Global HDPE Pipes Market
6.1 North America
6.2 Europe
6.3 Asia Pacific
6.4 Rest of World
7 Global HDPE Pipes Market
7.1 Introduction
7.1.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
7.1.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
8 Global HDPE Pipes Market Segmentation Analysis, By Product Type
8.1 Introduction
8.2 Strategic Insights
8.3 BPS Analysis, By Product Type
8.4 Market Attractiveness, By Product Type
8.5 PE 80 Market
8.5.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
8.5.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
8.6 PE 100 Market
8.6.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
8.6.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
8.7 PE 100RC Market
8.7.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
8.7.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
8.8 Others Market
8.8.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
8.8.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
9 Global HDPE Pipes Market Segmentation Analysis, By Application
9.1 8.1. Introduction
9.2 8.2. Strategic Insights
9.3 BPS Analysis, By Application
9.4 Market Attractiveness, By Application
9.5 Oil & Gas Pipe Market
9.5.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
9.5.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
9.6 Agricultural Irrigation Pipe Market
9.6.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
9.6.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
9.7 Water Supply Pipe Market
9.7.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
9.7.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
9.8 Sewage System Pipe Market
9.8.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
9.8.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
9.9 Others Market
9.9.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
9.9.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
10 Geographical Analysis
10.1 Introduction
10.2 North America HDPE Pipes Market
10.2.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
10.2.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
10.3 By Product Type
10.3.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
10.3.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4 By Application
10.4.1 Historical Market Value (USD Million) 2015-2017, Market Value Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.2 Historical Market Volume (Thousand Tons) 2015-2017, Market Volume Forecast & Y-o-Y Growth Analysis, 2018-2024
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