The global polyethylene pipes market is experiencing positive growth driven by several factors. Polyethylene pipes offer numerous advantages such as excellent flexibility, durability, corrosion resistance, and easy installation. They are widely used in various applications, including water supply, irrigation, gas distribution, and industrial sectors. The increasing demand for efficient and sustainable pipe systems, infrastructure development, and the growing adoption of polyethylene as a preferred material contribute to the market's positive outlook. Additionally, advancements in manufacturing techniques and the focus on improving pipe performance further drive market growth.
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Data Bridge Market Research analyses that the Polyethylene Pipes Market is expected to reach USD 14,764.22 million by 2030, which is USD 9,475.68 million in 2022, registering a CAGR of 5.70% during the forecast period of 2023 to 2030. High density polyethylene witnesses considerable demand for usage in the manufacturing of polyethylene pipes all around the globe. High density polyethylene has varying chemical and mechanical properties. It offers good temperature resistance, flexibility, and pressure impact resistance at a reasonable price. Moreover, high density polyethylene pipes have a good finish and aesthetic appeal, which makes them a perfect and better alternative for metal pipes.
Key Findings of the Study
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Water conservation initiatives are expected to drive the market's growth rate
Water conservation initiatives have gained significant traction worldwide, leading to the adoption of polyethylene pipes for irrigation systems and water supply networks. Polyethylene pipes offer leak-free performance, minimizing water wastage and ensuring efficient water distribution. Their smooth inner surface prevents frictional losses, optimizing the flow of water. Additionally, these pipes are corrosion-resistant, ensuring a longer lifespan and reducing the need for frequent replacements. Thus, by promoting sustainable water management practices, polyethylene pipes contribute to conserving water resources and promoting environmental stewardship.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (High Density Polyethylene (HDPE), Cross Link Polyethylene, Low Density Polyethylene (LDPE), Linear Low Density Polyethylene (LLDPE)), Application (Underwater and Municipal, Gas Extraction, Construction, Industrial, Agriculture, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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FURUKAWA ELECTRIC CO., LTD (Japan), Halcor (Greece), Mueller Streamline Co. (U.S.), Aurubis AG (Germany), Cerro Flow Products LLC (U.S.), Cambridge-Lee Industries LLC (U.S.), H & H Tube (U.S.), Hailiang Group Reserves (China), KMCT (India), MM Kembla (Australia), Mehta Tubes Ltd. (India), Shanghai Metal (China), Small Tube Products (U.S.), Wieland (Germany), Brassco Tube Industries (India) and Luvata (Finland) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The polyethylene pipes market is segmented on the basis of type and application
- On the basis of type, the polyethylene pipes market is segmented into high density polyethylene (HDPE), cross link polyethylene, low density polyethylene (LDPE), linear low density polyethylene (LLDPE). High density polyethylene (HDPE) segment is expected to dominate the type segment of the global polyethylene pipe market with a CAGR of 5.2% in the forecast period 2023-2030 due to its excellent properties, including high strength, durability, and resistance to chemicals, making it suitable for various applications such as water distribution, gas transportation, and industrial piping systems.
- On the basis of application, the polyethylene pipes market is segmented into underwater and municipal, gas extraction, construction, industrial, agriculture, and others. Underwater and municipal are expected to dominate the market with a CAGR of 5.6% in the forecast period 2023-2030 due to the widespread application of these pipes in sewage and other municipal infrastructure projects, as well as water supply networks.
In 2022, Underwater and municipal are expected to dominate the application segment of the market
In 2022, Underwater and municipal are expected to dominate the application segment of the market owing to the extensive use of these pipes in water supply networks, sewage systems, and other municipal infrastructure projects with a CAGR of 5.6% in the forecast period 2023-2030.
Major Players
Data Bridge Market Research recognizes the following companies as the major polyethylene pipes market players in polyethylene pipes market are H & H Tube (U.S.), Hailiang Group Reserves (China), KMCT (India), MM Kembla (Australia), Mehta Tubes Ltd. (India), Shanghai Metal (China), Small Tube Products (U.S.), Wieland (Germany), Brassco Tube Industries (India)
Market Development
- In 2020, GF Piping Systems worked with Oxford Flow Limited. With this collaboration, GF Business (UK), a utility company that can reduce water loss, a significant global issue, will gradually gain a 23% minority ownership in the company.
- In 2020, Division GF Egypt Gas and Corys Investments LLC (Egypt) in Dubai and Cairo respectively signed a contract with GF Piping Systems. GF will take the industrial lead and invest in a new plastic pipe manufacturing facility in order to compete in the booming Egyptian gas market and the water distribution industry.
Regional Analysis
Geographically, the countries covered in the polyethylene pipes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in the polyethylene pipes market during the forecast period 2023-2030
North America is poised to dominate the polyethylene pipes market due to its diverse and extensive industrial applications. Industries such as oil and gas, food and beverages, and construction heavily rely on polyethylene pipes for fluid transportation and infrastructure development. The region's robust manufacturing sector and stringent quality standards further bolster the demand for polyethylene pipes. With increasing investments in infrastructure projects and a strong emphasis on sustainable solutions, North America is expected to witness significant revenue growth and a larger market share in the polyethylene pipes industry.
Asia-Pacific is estimated to be the fastest-growing region in the polyethylene pipes market in the forecast period 2023-2030
Asia-Pacific is poised to be the fastest-developing region in the polyethylene pipes market due to several factors. The region benefits from the advantages offered by polyethylene pipes, such as their durability, flexibility, and corrosion resistance. The growing population, rapid urbanization, and increasing infrastructure development activities in countries such as China and India drive the demand for polyethylene pipes in various sectors, including water supply, irrigation, and construction. These factors contribute to the projected growth of the market in Asia-Pacific during the forecast period of 2023-2030.
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