Global HDPE Pipes Market Report 2022: Growing Need for Repairing and Replacing Municipal Piping Systems Driving Sector – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “HDPE Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global HDPE pipes market size reached US$ 18.63 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 25.27 Billion by 2027, exhibiting a CAGR of 5.21% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
HDPE Pipes Market Trends:
At present, the growing need for repairing and replacing existing pipes in municipal piping systems around the world represents one of the key factors driving the market. Besides this, there is a rise in the utilization of HDPE pipes in the agriculture industry for flow line irrigation, tube well pipes, drip irrigation, and pesticide spraying system. This, along with the growing development of sewage disposal infrastructures to remove decomposable matter and solid, liquid or gaseous wastes, is positively influencing the market.
Moreover, as HDPE pipes are corrosion and abrasion-resistant, they are used for transporting effluents, acids, alkalis, and slurry in the chemical industry. This, coupled with the increasing employment of HDPE pipes in submarines and underwater pipelines, is contributing to the growth of the market.
In addition, key market players are extensively investing in research and development (R&D) activities to introduce HDPE pipes with freeze-break resistance properties for the safety of potable water. Additionally, the escalating demand for HDPE pipes in the telecommunication sector to protect optic fibers and cables is bolstering the growth of the market.
Key Market Segmentation:
Breakup by Type:
- PE 63
- PE 80
- PE 100
Breakup by Application:
- Oil and Gas Pipe
- Agricultural Irrigation Pipe
- Water Supply Pipe
- Sewage System Pipe
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global HDPE Pipes Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Region
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
12 Price Analysis
13 Competitive Landscape
Companies Mentioned
- Advanced Drainage Systems Inc.
- Apl Apollo Tubes Limited
- Astral Limited
- Blue Diamond Industries LLC (Hexatronic Group AB)
- Chevron Phillips Chemical Company LLC
- China Lesso Group Holdings Limited
- Formosa Plastics Corporation
- Jain Irrigation Systems Limited
- JM Eagle Inc.
- Lane Enterprises Inc.
- Prinsco Inc.
- Supreme Industries Limited
- Uponor Oyj
- WL Plastics Corporation.
For more information about this report visit https://www.researchandmarkets.com/r/sacocr
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