Global Polyethylene Pipes Market: Industrialization and urbanization acting as catalysts for demand of polyethylene pipes

Global Polyethylene Pipes Market

Polyethylene pipes are those pipes which are made from different kinds of plastic materials which have the ability to melt and reform easily, upon consistent, continuous exposure to significant amounts of heat/flame. They are used for fluid & gas transfer and are mainly used to replace steel or older pipelines. Linear low density polyethylene, low density polyethylene cross link polyethylene and high density polyethylene among different varieties are some of the common type of the polyethylene pipes. They are widely used in application such as agriculture, construction, underwater & municipal operations and others.

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Polyethylene pipes market is growing due to ongoing construction and rehabilitation of old/obsolete municipal pipe systems and increasing demand for lightweight and cost-effective alternatives to metals and ceramics; the effects of these factors are mentioned below:

  • Ongoing construction and rehabilitation of old/obsolete municipal pipe systems: Various authorities of the region have initiated the rehabilitation activities of their piping infrastructure, which consisted of metal pipes that have since suffered from corrosion and subsequently become obsolete. Therefore, the replacement of this piping infrastructure with more efficient and effective pipe components is the need of the hour, which has resulted in greater demand for polyethylene pipes as these pipes ensure greater operating life with no chances of corrosion or any other harmful elements
  • Increasing demand for lightweight and cost-effective alternatives to metals and ceramics: The major concerns with adoption of metal-based or ceramic based piping systems are their significantly heavy-weight nature, which essentially transforms to the higher logistics cost, installation cost as well as requiring specialized automated equipment to handle these pipes. These drawbacks of heavy-weight pipes have increased the demand for light-weight pipes have resulted in greater focus on development of light-weight pipes, which is solved with the help of plastic pipes; the effectiveness of polyethylene pipes out of all the plastic-based options in solving the problems various industries are facing with their piping infrastructures is high. The effectiveness of these pipes as being a light-weight, cost-effective in manufacturing as well as installation is boosting its rate of adoption

Innovative product launches by the manufacturers:

  • In July 2018, Astral Poly Technik Ltd announced that they had agreed to acquire Rex Polytrusion Pvt. Ltd for USD 21.4 million which will help in great improvements in product line of Astral. This will also help in expansion of infrastructure and distribution network of Astral Poly for various plastic pipes and systems
  • In January 2018, Prince Pipes announced the launch of “CORFIT” double wall corrugated pipes which are designed from high-density polyethylene material for ensuring safe, secure movement of industrial and sewage waste. The pipes have the characteristic of being resistant against various gases as well as chemicals, ensuring greater operating life, flexibility, easy operations, and environment-friendly feature

The market is segmented on the basis of type as HDPE, LDPE, LLDPE, PEX/XLPE; application is categorized into industrial, agriculture, underwater & municipal, construction, gas extraction, others.

“According to Data Bridge Market Research, global polyethylene pipes market is expected to be growing at a steady CAGR of 4.8% during the forecast period of 2018 to 2025”

Some of the major players operating in market are DOWDUPONT, Exxon Mobil Corporation, SABIC, LyondellBasell Industries Holdings B.V., ISCO Industries, TPL Plastech Limited, Advanced Drainage Systems, Inc., Dura-Line Corporation, Falcon Pipes Pvt. Ltd., Akzo Nobel N.V., Borealis AG, P.E.S. Co., COMAP group, SILON s.r.o., ARKEMA S.A among others.

The market is growing with a steady growth rate because of the significant industrialization activities that have been in connection to the rapid rate of urbanization in various regions of the world. This industrialization has resulted in greater demand for effective piping infrastructure which is used in a number of industrial activities such as waste disposal, transferring of liquids, gases and other components.