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Polyolefin Pipes Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Agru Kunststofftechnik Gesellschaft mbH, Georg Fischer Piping Systems Ltd., Advanced Drainage Systems Inc., Chevron Phillips Chemical Comp
Polyolefin Pipes Global Market
Polyolefin Pipes Market Size, Growth Rate, And Forecast
The global polyolefin pipes market size is expected to grow from $18.06 billion in 2022 to $19.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The polyolefin pipes market is expected to grow to $23.71 billion in 2027 at a CAGR of 5.3%.
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Polyolefin Pipes Market Drivers
The growth of sprinkler and drip irrigation is expected to drive the polyolefin pipes market. Sprinkler irrigation is a sophisticated form of irrigation where the water is delivered under pressure and sprayed through nozzles attached to a network of pipes. Sprinkler and drip irrigation are growing due to increasing water scarcity and the need to increase agricultural productivity and resource efficiency. The growth of sprinkler and drip irrigation will drive demand for polyolefin pipes as they are known to be effective, exceptionally abrasion resistant, and have corrosion resistance, allowing for a long service life.
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Polyolefin Pipes Market Segments
• By Type: Polypropylene Pipes (PP), Polyethylene Pipes (PE), Plastomer
• By End-Use: Building And Construction, Agriculture, Industrial, Other End-Users
• By Application: Irrigation, Potable And Plumbing, Wastewater Drainage, Power And Communication, Industrial Application, Chemical Transportation, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Polyolefin Pipes market.
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Polyolefin Pipes Market Key Players
Major competitors in the Polyolefin Pipes market include Agru Kunststofftechnik Gesellschaft mbH, Georg Fischer Piping Systems Ltd., Advanced Drainage Systems Inc., Chevron Phillips Chemical Company LLC, JM Eagle, Aliaxis, Radius Systems, Prinsco Inc., POLYPLASTIC Group Ltd., Nan Ya Plastics Corporation
The Business Research Company's "Global Polyolefin Pipes Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Polyolefin Pipes Market Include:
1. Executive Summary
2. Polyolefin Pipes Market Characteristics
3. Polyolefin Pipes Market Trends And Strategies
4. Polyolefin Pipes Market - Macro Economic Scenario
5. Polyolefin Pipes Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Polyolefin Pipes Market
29. Polyolefin Pipes Market Future Outlook and Potential Analysis
30. Appendix
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