Polyolefin Pipe Market to Aggregate USD 27.14 billion by 2029, Trends and Forecast - Agru, Gf Piping Systems, Advanced Drainage Systems, Chevron Phillips Chemical Company

The global market for Polyolefin Pipe estimated at USD 17.2 billion in 2022, is projected to reach a revised size of USD 27.14 billion by 2029 registering a compounded annual growth rate (CAGR) of 5.2% over the period 2023-2029.

The latest report titled Polyolefin Pipe Market contains wide-broadening quantifiable facts of the market and studies current industry circumstances on a large scale to offer the market consequences, market value, and growth valuation. The report includes skilful examination, data on the overall market, as well as constraints and headway purposes of the future along with a noteworthy perception of the improvement of the global Polyolefin Pipe market.

The report describes the profile of the top manufacturers of the global Polyolefin Pipe market. It also covers segments such as competitor segment, product type segment, end use/application segment, and geography segment. The authors of the report have examined market demand, turnover, production and growth potential, geographic analysis, as well as current market developments in various regions and countries.

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Driver: Sprinkler and drip irrigation provide good growth potential

Sprinkler irrigation is an advanced method of irrigation by which water is sprayed through nozzles connected to a network of pipes with water supplied under pressure. This method of irrigation has higher application and distribution efficiency and affects considerable savings of water. The development of sprinkler irrigation got a boost after the Second World War, and there has been a tremendous development of it, particularly in Europe and in the US. It serves nearly 45% of the irrigated area.

Restraint: Rising concerns pertaining to plastic disposal

Plastics are inexpensive, lightweight, and durable materials, which can readily be molded into a variety of products for a wide range of applications. Consequently, the production of plastics has increased significantly in the past 60 years. However, the current level of their usage and disposal generates several environmental problems. Nearly 4% of the global oil & gas production is used as feedstock for plastics, while 3%-4% is expended to provide energy for their manufacturing. A major portion of plastics produced each year is used to make disposable items that are discarded within a year.

Competitive Assessment:

The main research methodology applied here by the research team is data triangulation, which includes data mining, analysis of the impact of data variables on the market, and primary (industry experts) validation. This report helps to gather information about all the above factors by providing actionable market insights and comprehensive analysis. The Polyolefin Pipe market report mainly focuses on important aspects of the market which include historical data, current market trends, environment, technological innovations, upcoming technologies, and technological advancement in the industry among others.

Leading market players in the Polyolefin Pipe market is focusing on strategies such as expansion, new product launches, and acquisitions to gain large market share and enhance their global presence in the target market. Some Key Competitors of the Polyolefin Pipe market is Agru, Gf Piping Systems, Advanced Drainage Systems, Chevron Phillips Chemical Company, Jm Eagle, Radius Systems, Aliaxis, Prinsco, Thai-Asia P.E. Pipe Co., Ltd., United Poly Systems, Future Pipe Industries, Wl Plastics, Aquatherm, and Blue Diamond Industr and others.

Recent Developments

In January 2021, GF Piping Systems acquired FGS Brazil Industries which serves the local water and gas distribution market and other industrial segments. The acquisition provides GF Piping Systems with a unique platform for further growth in Brazil and South America.
In March 2021, Prinsco, Inc partnered with Momentum Environmental (US), an engineering company. The partnership has added the brand, Preserver to Prinsco's product portfolio as an innovative and cost-effective gravity separator option for the treatment of stormwater. Preserver is an affordable alternative to hydrodynamic separators, swirl separators, and vortex concentrators.

Polyolefin Pipe Market Segmentation:

Polyolefin Pipe Market by Type, 2023-2029, (USD Million), (Kilotons)

Polyethylene

Polypropylene

Plastomer

Polyolefin Pipe Market by Application, 2023-2029, (USD Million), (Kilotons)

Irrigation

Potable & Plumbing

Wastewater Drainage

Power & Communication

Oil Flow Line

Dredging Pipeline

Fire Networks

Others

Polyolefin Pipe Market by End Use Industry, 2023-2029, (USD Million), (Kilotons)

Building & Construction

Agriculture

Oil & Gas

Mining

Municipal

Telecommunication

Industrial

Others

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Regional Framework

The Polyolefin Pipe Market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the years 2023-2029 with respect to five major regions. The market by each region is later sub-segmented by respective countries and segments. The Polyolefin Pipe market report covers the analysis and forecast globally along with the current trend and opportunities prevailing in the region.

⇨ North America (United States, Canada, and Mexico)

⇨ Europe (Germany, France, UK, Russia, and Italy)

⇨ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

⇨ South America (Brazil, Argentina, Colombia, etc.)

⇨ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

This Report Also Includes:

» Polyolefin Pipe Market Insights methodology

» Tactics and suggestions for new entrants

» Segmentation analysis

» Economic indices

» Companies' strategic developments

» Polyolefin Pipe Market growth drivers and restraints

» Selected illustrations of the market penetrations and trends

Crucial insights in Polyolefin Pipe research report:

Underlying macro- and microeconomic factors impacting the Sales of Polyolefin Pipe.
Basic overview of the Polyolefin Pipe, including market definition, classification, and applications.
Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
Adoption trend and supply side analysis of Polyolefin Pipe across various industries.
Important regions and countries offering lucrative opportunities to market stakeholders.

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The Study Objectives are:

✔ An in-depth look at the key players in the Polyolefin Pipe market, as well as the data that goes with them.

✔ It includes a product portfolio, annual revenue, research and development spending, geographic presence, recent key developments, and growth strategies.

✔ Regional analysis, which includes information on the dominant Polyolefin Pipe market and its share of the market.

✔ It also includes various socioeconomic factors that influence the market's evolution in the region.

✔ The report provides a detailed look at various members of the value chain, including raw material suppliers, distributors, and stockholders.

Key questions answered in the report:
✦ What is the Polyolefin Pipe market's growth potential?
✦ Which product category will be the most profitable?
✦ In the coming years, which regional market will emerge as a leader?
✦ Which application segment will continue to expand at a steady rate?
✦ What are the potential growth opportunities in the Polyolefin Pipe Market in the coming years?
✦ What are the most significant challenges that the global Polyolefin Pipe Markets may face in the future?
✦ What are the top companies in the global Polyolefin Pipe market?
✦ What are the main trends that are positively impacting the market's growth?

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