Materials & Chemicals / HDPE Pipes Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: JM Eagle, Chevron Phillips Chemical, Aliaxis, WL Plastics
HDPE Pipes Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: JM Eagle, Chevron Phillips Chemical, Aliaxis, WL Plastics
The HDPE pipes market is predicted to rise by USD 6.25 billion between 2022 and 2027, with a CAGR of 5.90%.
HDPE Pipes Market Overview
Pipes made of high-density polyethylene are referred to as HDPE pipes (HDPE). They are also known as thermoplastic pipes at times. HDPE pipes are flexible plastic pipes that are used for a variety of applications including rural irrigation, gas mains, water mains, slurry transfer lines, drainage system pipelines, electrical and communication system conduits, and so on. HDPE pipes are also used to supply drinking water. Water scarcity is affecting local economies and community living standards in many countries around the world. Governments are launching initiatives to improve their wastewater infrastructure and drinking water systems, which will undoubtedly drive the growth of HDPE pipes in the coming years.
The HDPE pipes market is expected to expand due to the ongoing demand for water infrastructure in all developing regions. As developing countries work aggressively to develop their sewage systems, the demand for HDPE pipes has increased. HDPE pipes have several advantages, including their lightweight, long lifecycle, flexibility, resistance to corrosion, and leak-free coverage. Furthermore, the development of sewage removal infrastructure is expected to have a significant impact on the development of the HDPE pipes market.
The increase in demand for HDPE pipes in various industries such as oil and gas, chemicals, and even agriculture is driving the growth of the HDPE Pipes Market. Furthermore, HDPE pipes are created from a synthetic polymer that is isolated from petroleum and is also utilized in the manufacturing of water pipes, corrosion-resistant piping solutions, and plastic bottles.
Who are the Major Players in the HDPE pipe Market?
The global HDPE pipe includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include JM Eagle, Chevron Phillips Chemical, Aliaxis, WL Plastics, Jain Irrigation Systems, Pipelife International, Nandi, Blue Diamond Industries, National Pipe & Plastics, Kubota ChemiX, FLO-TEK, Olayan, Pexmart, Godavari Polymers, LESSO, Cangzhou Mingzhu, Junx and others.
Industry News and Updates:
PPI honors the best pipe projects | JM Eagle’s Project is one of them
July 2021—PPI members have chosen a Project of the Year in the divisions of building and construction, drainage, energy piping systems, municipal/industrial, and power and communications for more than ten years.
The largest of the winning projects, scheduled for completion in 2021, is a $62 million redundant force main that transports wastewater from a Florida lift station to the G.T. Lohmeyer Wastewater Treatment Plant, which serves the Fort Lauderdale area. The new force main is made of 54-inch high-density polyethylene pipe from JM Eagle in Los Angeles and Agru America in Georgetown, South Carolina. According to Plastics News' most recent ranking, JM Eagle is the No. 1 pipe, profile, and tubing extruder in North America, with estimated sales of $3.14 billion.
What are the major Applications, Types, and Regions of HDPE Pipes Market?
HDPE Pipes Market is segmented based on the type, applications, companies and regions.
By Type, HDPE Pipes Market has been segmented into
PE80 Pipe
PE100 Pipe
Other
By Application, HDPE Pipes Market has been segmented into
Water Supply
Oil and Gas
Sewage Systems
Agricultural Applications
Others
HDPE Pipes Market Regional Analysis
The report offers an in-depth assessment of the growth and other aspects of the HDPE Pipes Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The North American market for HDPE Pipes is significant.
The Asia-Pacific market also accounts for a sizable share of the HDPE pipe market, owing to high demand from the irrigation and water & wastewater sectors. Several fast-growing economies in the region have expanded their industrial and agricultural activities, as well as oil and gas exploration. Countries such as India and Southeast Asian countries are expected to drive demand for HDPE pipes in the Asia-Pacific region.
Given the region's ongoing refurbishment of old water and irrigation infrastructure, the European market offers significant opportunities for HDPE pipes.
What is our HDPE Pipes Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 5.90% over the forecast period (2022-2027)
Yes, the report can be customized as per your needs
Key Takeaways from this HDPE Pipes Report
Evaluate HDPE Pipes market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the HDPE Pipes market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of HDPE Pipes Market?
The HDPE Pipes Market is growing at a CAGR of 5.90% over the next 5 years.
What are the significant types of HDPE Pipes Market?
PE80 Pipe, PE100 Pipe, Other
What are the major end-use applications of HDPE Pipes Market?
Water Supply, Oil and Gas, Sewage Systems, Agricultural Applications, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
