HDPE Pipes Market by Type (PE 63, PE 80, and PE100), Application (Agricultural Irrigation, Oil & Gas, Water Supply, and Drainage & Sewage)-Analysis & Forecast 2019-2030
Report ID : 203 | Published Date : Jun 2020 | Pages : 175 | Region : Global | Report Code : CM-20
HDPE Pipes Market Overview and Introduction
HDPE (High Density Polyethylene) pipes are flexible thermoplastic pipes, made from high-grade raw materials such as PE 63, PE 80, PE 100 and others. These materials are alternatives to Cast Iron (CI) & Galvanized Iron (GI) pipes. High impermeability and strong molecular structure of these pipes make them suitable for several end-use applications. HDPE pipes are almost inert & chemically inactive, which makes them suitable to transport drinking water, chemicals, hazardous wastes & gases, and sewage & wastewater. The uses of HDPE pipes in urban, industrial, and agricultural applications are increasing rapidly.
The global HDPE pipes market is mainly driven by factors such as growing urbanization and widespread applications of HDPE pipes in various end-use industries such as agriculture, industrial, drinking water transportation, and others. Moreover, consistent improvements in these pipes and its chemically inert properties are contributing to the market growth of HDPE pipes globally. Fluctuating petroleum prices and high thermal expansions are hindering market growth.
The global HDPE pipes market can be segmented into type, application, and regions.
HDPE Pipes Market By Type
Based on type, the global HDPE pipes market can be segmented into PE 63, PE 80, PE100, and others. The PE 100 segment holds largest share of the global market; however, the PE 63 segment is anticipated to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing use of PE 63 in drinking water transportation application.
HDPE Pipes Market By Application
Based on application, the HDPE pipes market can be segmented into agricultural irrigation, oil & gas, water supply, drainage & sewage, and others. Water supply application is anticipated to grow at the highest CAGR during the forecast period followed by agricultural irrigation application. Growing urbanization and rising demand for water management infrastructure will boost the HDPE pipes market growth globally in the coming years.
HDPE Pipes Market By Region
Based on region, the global HDPE pipes market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). Asia Pacific accounts for the largest market share of HDPE pipes globally and is also projected to grow at the highest CAGR during the forecast period. Growing industrialization, increasing adaptability of HDPE pipes in agricultural applications, and rising water management applications in urban areas are primarily driving market growth in the APAC region.
HDPE Pipes Market Prominent Players
Some of the prominent players present in the HDPE pipes market include Dow, Prinsco Inc., JM EAGLE, INC, Orbia, Radius Systems Ltd, Reliance Industries Limited, Dynaflex Pipe Technologies, BLUE DIAMOND INDUSTRIES, LLC., Kanaflex Corporation Co., ltd., and United Poly Systems, among others.