Polyethylene Pipe Market Size, Share,Growth, Industry, Forecast and outlook (2024-2031)

Polyethylene pipes play a significant role in the water distribution required for huge infrastructure buildings, residential and commercial spaces in developing and developed regions. Water distribution system through pipes is the landscape of irrigation systems, drain, waste, and vent (DWV) systems, and sewage transport. Polyethene pipes have several advantages such as high toughness, corrosion resistance, cost-effectiveness, durable and resistance to chemicals than other steel pipes.Polyethylene Pipe is substantially used in end-user industries such as water service or distribution lines, natural gas distribution, lawn sprinklers, agriculture, sewers, waste disposal, drainage lines, building & construction and among others.

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Market Dynamics

The global polyethylene pipes are driven by the rising demand for irrigation in the agricultural land with the surge in government subsidy schemes and support. Further growing demand for the rehabilitation and replacement of the old pipelines for water distribution in several countries with lightweight and cost-effective polyethylene pipes have propelled this market growth. Further increasing building and construction projects with the surge in government support and rising demand by the municipalities due to urbanization around the globe have propelled the growth of this market.Rising demand for irrigation in the agricultural land with the surge in government subsidy schemes and support around the globe.The market is driven by the surge in the demand rising demand for irrigation in the agricultural land with the surge in government subsidy schemes and support for better crop yield.

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Segment Analysis

The global polyethylene pipe is segmented based on type, application and region.Rising demand in the automotive sector with the surge in the global sale of passenger vehicles have propelled the polyurethane resins market In terms of type, the global Polyethylene Pipe is bifurcated into LLDPE (Linear Low-Density Polyethylene), LDPE (Low-Density Polyethylene), HDPE (High-Density Polyethylene) and cross-link polyethylene (PEX/XLPE) and others. Among these, HDPE (High-Density Polyethylene) has owing to its proven applications including chemicals, slurries, municipal water and wastewater.As the demand is driven by polyethylene pipe used for the replacement of the steel pipes replacement to expensive and cost-prohibitive pipes. For instance,the Thane Municipal Corporation (TMC) has planned to build a 120-meter long water supply pipeline under the Central Railway(CR) lines near the Diva station, Thane, India.

Competitive Landscape

The Polyethylene Pipe Market is moderately competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Falcon Pipes Pvt. Ltd., Akzo Nobel N.V., Borealis AG, P.E.S. Co., Dura-Line Corporation, COMAP group, SILON s.r.o., Advanced Drainage Systems, Exxon Mobil Corporation, ISCO Industries, ARKEMA S.A, SABIC, Dow, LyondellBasell Industries Holdings B.V., TPL Plastech Limited, PESTEC and among others.

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