Polyethylene Pipes Market is forecasted to grow at 4.8% for 2018 to 2025 helping the market to be assessed at an estimated 534.02 thousand tons at the end of the forecasted period. The major factors that are expected to act as market restraints for polyethylene pipes growth are the high cost nature of these pipes along with the presence of various strict regulatory compliances regarding the usage of polyethylene based pipes in different industrial applications.
Polyethylene pipes market is being driven by the trend of replacing or repairing existing piping systems for municipal piping systems that have become obsolete, a number of other features such as the flexibility, easier installation and better resistance as compared to other materials that are low-cost.
According to Data Bridge Market Research, the polyethylene pipes market will be expected to be dominated by North America with surging prevalence of growth throughout the different industrial applications such as food & beverages, construction, oil & gas and various others. This demand is also expected to be driven by the rising infrastructural development and preference for these pipes due to a number of benefits associated with their usage.
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Duqm Hongtong Pipes Company in August 2019, broke the ground for their manufacturing facility situated in Duqm, Oman under the special economic zone. The facility will be developing reinforced thermopolyethylene pipes, with the plant meeting the various requirements of non-metallic pipes for usage in oil & gas industry’s piping network, specifically for the transfer of hydrocarbon fluids. Initial estimates suggest that the production capacity of these pipes is expected to be around 1200 km. of reinforced thermopolyethylene pipes with the products expected to be manufactured by the first quarter of 2020.
Scope of the Polyethylene Pipes Market
Global Polyethylene Pipes Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).
All country based analysis of the polyethylene pipes market is further analysed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into high density polyethylene (HDPE), low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and cross link polyethylene (PEX/XLPE). Application has been segmented into industrial, agriculture, underwater & municipal, construction, gas extraction and others.
Polyethylene pipes are the plastic pipes produced from different forms of polyethylene plastics, they are usually flexible and are generally utilized for the transfer of fluids, gases and other compounds. In recent times, these pipes have been replacing the older, heavier and obsolete steel pipes due to a number of different benefits offered by polyethylene pipes as compared to rigid steel pipes.
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Key Pointers Covered in the Polyethylene Pipes Market Industry Trends and Forecast to 2025
Key Market Competitors Covered in the report
Above are the key players covered in the report to know about more and exhaustive list of polyethylene pipes companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-polyethylene-pipes-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Polyethylene Pipes Market - Industry Trends and Forecast to 2027
North America Polyethylene Pipes Market – Industry Trends and Forecast to 2027
Europe Polyethylene Pipes Market – Industry Trends and Forecast to 2027
Asia-Pacific Polyethylene Pipes Market – Industry Trends and Forecast to 2027