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Polyolefin Pipes Market Report 2023-2032: Market Size, Growth, Trends And Forecast | Agru Kunststofftechnik Gesellschaft mbH, Georg Fischer Piping Systems Ltd., Advanced Drainage Systems Inc., Chevron Phillips Chemical Company LLC, JM Eagle.
Polyolefin Pipes Market
The Business Research Company's Polyolefin Pipes Global Market Report 2023 identifies the growth of sprinkler and drip irrigation as the major driver for the Polyolefin Pipes market's growth in the forecast period. 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 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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Major competitors in the Polyolefin Pipes market are Agru Kunststofftechnik Gesellschaft mbH, Georg Fischer Piping Systems Ltd., Advanced Drainage Systems Inc., Chevron Phillips Chemical Company LLC, JM Eagle.
A key trend in the Polyolefin Pipes market includes technological advancement. Major players operating in the market are focusing on developing polyolefin pipes with advanced technologies that provide next-generation features such as lightweight, high strength, energy efficiency, and cost-effectiveness to gain a competitive edge in the polyolefin pipes market. For instance, in September 2021, Saudi Basic Industries Corporation (SABIC), a Saudi-based chemical manufacturing company, launched BiAx Pipe technology along with dedicated polyethylene (PE) and polypropylene (PP) resins.
Read More On The Global Polyolefin Pipes Market Report Here:
https://www.thebusinessresearchcompany.com/report/polyolefin-pipes-global-market-report
The Polyolefin Pipes market is segmented -
1. By Type: Polypropylene Pipes (PP), Polyethylene Pipes (PE), Plastomer.
2. By End-Use: Building And Construction, Agriculture, Industrial, Other End-Users.
3. By Application: Irrigation, Potable And Plumbing, Wastewater Drainage, Power And Communication, Industrial Application, Chemical Transportation, Other Applications.
4. 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.
The Business Research Company's "Global Polyolefin Pipes Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……
26. Africa Polyolefin Pipes Market
27. Polyolefin Pipes Market Competitive Landscape And Company Profiles
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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