openPR Logo
Press release

Thermoplastic Pipe Market Revenue Is Anticipated to Reach $3.6 billion by 2025 | Baker Hughes, TechnipFMC, Magma, Shawcor, Prysmian

08-27-2020 08:37 AM CET | Energy & Environment

Press release from: MarketsandMarkets

Thermoplastic Pipe Market Revenue Is Anticipated to Reach $3.6

According to the new research report "Thermoplastic Pipe Market by Application(Oil & Gas, Water & Wastewater, Mining & Dredging, and Utilities & renewables), Product Type(TCP and RTP), Polymer Type (PE, PP, PVDF, PVC, and Others), Region - Global Forecast to 2025" The global thermoplastic pipe market size is expected to reach USD 3.6 billion by 2025 from an estimated value of USD 2.8 billion in 2020, at a CAGR of 5.2% during the forecast period.

The growing deep- and ultra-deepwater oil & gas production & exploration activities in the countries such as US & Canada and increasing mining activities in China, Australia, and India along with stringent water & wastewater treatment regulation in European countries is anticipated to drive the demand of the thermoplastic pipe market.

Browse 100 market data Tables and 40 Figures spread through 140 Pages and in-depth TOC on "Thermoplastic Pipe Market - Global Forecast to 2025 "

https://www.marketsandmarkets.com/Market-Reports/thermoplastic-pipe-market-94371234.html

The oil & gas segment is expected to be the largest thermoplastic pipe market, by application, during the forecast period

Thermoplastic pipe in the oil & gas segment finds its applications in high-pressure water injection pipelines, water transport & distribution, effluent water disposal, temporary surface lines, well intervention, seawater intake & discharge lines, and recirculating water systems in petroleum refineries & petrochemical plants. The benefits of using thermoplastic pipes in high pressure and deep-water applications is expected to propel the oil & gas segment in the thermoplastic pipe market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94371234

The reinforced thermoplastic (RTP) segment is projected to account for a significant share of the thermoplastic pipe during the forecast period

The reinforced thermoplastic pipe (RTP) is likely to dominate the market during the forecast period. RTP includes a thermoplastic pipe, which is qualified to maximum 30-meter water depth. Growing usage of reinforced thermoplastic pipe (RTP) in water & wastewater applications is likely to fuel its demand in the thermoplastic pipe market.

The polyethylene (PE) segment is projected to account for the largest of the thermoplastic pipe market share during the forecast period

The polyethylene (PE) is predicted to dominate the thermoplastic pipe market based on its application. There are two variants of PE pipes available in the market, i.e. HDPE (high-density polyethylene pipes) and PEX (cross-linked polyethylene). The crosslinked structure of polyethylene enhances the toughness and temperature resistance of the material. This enables the material to be specified for use in more harsh environments both at lower and higher temperatures. Lightweight, flexible, and easy to weld properties of polyethylene (PE) is expected to foster its demand in the thermoplastic pipe market.

Asia Pacific is projected to dominate the global thermoplastic pipe market during the forecast period

In this report, the thermoplastic pipe market has been analyzed concerning five regions, namely, Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Asia Pacific is expected to lead the market during the forecast period. Urbanization and industrialization growth, along with increasing mining activities in China, Australia, and India, are likely to drive the thermoplastic pipe market in the region.

Speak to Analyst @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=94371234

To offer an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players such as Advanced Drainage Systems (Ohio, US), TechnipFMC (London,UK), National Oilwell Varco (Texas, US), Airborne Oil & Gas (The Netherlands), Magma Global (Portsmouth, UK), Baker Hughes Company (Texas, US), Chevron Philips Chemical Company (Texas, US), Prysmian (Milan, Italy), Georg Fischer (Switzerland), Shawcor (Toronto, Canada), and Uponor Corporation (Vantaa, Finland).

Key questions addressed by the report

What are the revolutionary technology trends that could be witnessed over the next five years?
What will be the revenue pockets for the thermoplastic pipe market in the next five years?
Which of the type segments will have the maximum opportunity to grow during the forecast period?
Which will be the leading regions with the largest market share by 2025?
How are the companies implementing organic and inorganic strategies to gain increased thermoplastic pipe market share?

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

About MarketsandMarkets™:

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thermoplastic Pipe Market Revenue Is Anticipated to Reach $3.6 billion by 2025 | Baker Hughes, TechnipFMC, Magma, Shawcor, Prysmian here

News-ID: 2122393 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for MarketsandMarkets™

Biomaterials Market Worth $64.2 billion | MarketsandMarkets™
Biomaterials Market in terms of revenue was estimated to be worth $45.2 billion in 2024 and is poised to reach $64.2 billion by 2029, growing at a CAGR of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The biomaterials market is estimated to grow at a CAGR of 7.3% during the forecast period of 2024 to 2029. The important factors impacting market growth are the growing
Cell Expansion Market Worth $26.7 billion | MarketsandMarkets™
Cell Expansion Market in terms of revenue was estimated to be worth $14.3 billion in 2024 and is poised to reach $26.7 billion by 2029, growing at a CAGR of 13.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. Some factors contributing to the growth of the global market includes increasing R&D investments in cell based research, growing focus on personalized medicine, and increasing number of strategic
Apheresis Market Worth $3.9 billion | MarketsandMarkets™
Apheresis Market in terms of revenue was estimated to be worth $2.6 billion in 2024 and is poised to reach $3.9 billion by 2029, growing at a CAGR of 8.8% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth in the apheresis market is driven by rise in demand for source plasma from biopharmaceutical companies, upsurging demand for blood components and favourable reimbursement for apheresis. The increasing
Medical Robots Market Worth $33.8 billion | MarketsandMarkets™
Medical Robots Market in terms of revenue was estimated to be worth $16.0 billion in 2024 and is poised to reach $33.8 billion by 2029, growing at a CAGR of 16.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth in the medical robots market is driven by the aging population and rising chronic diseases, improving reimbursement scenario, and subsequent advancements in healthcare funding & infrastructure.
Pipette Calibrators Market Worth $391 million | MarketsandMarkets™
Pipette Calibrators Market in terms of revenue was estimated to be worth $286 million in 2024 and is poised to reach $391 million by 2029, growing at a CAGR of 6.5% from 2024 to 2029 according to a new report by MarketsandMarkets™. The growth of this market is majorly driven by rise in genomics and proteomics research, growth in portable and handheld devices, and establishment of new research facilities by pharmaceutical
Mice Model Market Worth $2.2 billion | MarketsandMarkets™
Mice Model Market in terms of revenue was estimated to be worth $1.5 billion in 2024 and is poised to reach $2.2 billion by 2029, growing at a CAGR of 8.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. The rise in chronic diseases, such as cancer, diabetes, and cardiovascular disorders, and growing need for reliable and predictive animal models to facilitate drug discovery and development are