Press release
HDPE Pipes Market Key Business Opportunities, Impressive Growth Rate and Analysis to 2030
The report published on global HDPE Pipes market is an extensive analysis of the market with a panoramic overview of the industry with regards to market size, market share, revenue growth, opportunities, drivers, restraints. For more than 50 years, high-density polyethylene (HDPE) pipe systems have been employed in residential and industrial water infrastructure. The market for High-Density pipes is majorly driven owing to their extensive applicability and multiple characteristics such as sustainability, longevity, and versatility, as well as excellent corrosion resistance. The expansion of sewage and material transportation infrastructure, both of which need high-density plastic material is one of the major factors driving market revenue growth.HDPE pipe is known for its versatility, impermeability, and strength-to-weight ratio, and is made from thermoplastic polyethylene. Its strong inter-particle bond makes it ideal for high-pressure piping systems, and it is the solution to many problems encountered in households, industries, and agriculture. It's a flexible pipe that can transport fluids and glasses, and it's frequently used to replace aged metal or concrete pipes. They are fit to be used for subterranean, on-the-ground, submerged, and floating pipes. They are an excellent fit for high-pressure pipes, with an average lifespan of more than 50 years. They offer the ideal combination of strength, corrosion resistance, and price-effectiveness, especially when it comes to potable water, they are a recommended form of transportation since they are non-hazardous.
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The COVID-19 impact Analysis: The growing COVID-19 pandemic has led to the weakening demand for coatings in electronics, automotive, construction, and white goods. The market has the capacity to bounce back, but it completely depends on the duration of the lockdown, and also the impact of the virus on the economy. Even though the overall demand of the market is falling, the demand for HDPE Pipes Market is expected to rise in the coming years.
Major Companies in the Market Include:
Supreme Pipes (India)
JM EAGLE, INC (U.S.)
WL Plastics (U.S.)
Prinsco, Inc. (U.S.)
Lane Enterprises, Inc. (U.S.)
Polyplastic Group (Netherlands)
Apollo Pipes (India)
Wavin (Netherlands)
Nan Ya Plastics Corp (Taiwan)
Jain Irrigation (India)
Chevron Philips Chemicals (U.S.)
Strategies and Objectives of Major Companies:
In November 2021, the U.S. bill allowed USD 55 billion for water and wastewater treatment infrastructure development, in order to invest more in HDPE pipes. This follows Benton Harbor, a population of 9,600 inhabitants, who had to use bottled water for drinking and cooking owing to excessive levels of led in water caused by corrosion of metal pipes.
On 3 March 2021, Prinsco, Inc. announced a new collaboration with Momentum Environmental, which is an engineering firm committed to the preservation and enhancement of water resources. The 'Preserver', their product, has been introduced to the Prinsco product line as a novel and cost-effective gravity separator solution for stormwater treatment.
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Type Outlook (Revenue, USD Billion; 2019-2030)
PE100
PE80
PE63
Application/End-Use Outlook (Revenue, USD Billion; 2019-2030)
Water Supply
Oil & Gas
Sewage Systems
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Significant Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of the HDPE Pipes Market
- Changes in industry market dynamics
- Detailed market segmentation by type, application, etc.
- Historical, current and projected market size in terms of quantity and value
- Recent industry trends and developments
- Competition situation of HDPE Pipes Market
- Key companies and product strategies
- Potential niche segment/region showing promising growth.
Finally, the HDPE Pipes Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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