Dublin, June 23, 2023 (GLOBE NEWSWIRE) -- The "Plastic Pipes: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Plastic Pipes estimated at US$29.9 Billion in the year 2022, is projected to reach a revised size of US$48.5 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2022-2030.
PVC, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$16.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the cPVC segment is readjusted to a revised 6.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 6.9% CAGR
The Plastic Pipes market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 5.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.7 Billion by the year 2030.
Select Competitors (Total 365 Featured) -
- Advanced Drainage Systems, Inc.
- AGRU Kunststofftechnik Gesellschaft M.B.H
- Aliaxis S.A.
- Amanco Brasil Ltda.
- ASTRAL POLYTECHNIK LIMITED
- Chevron Phillips Chemical Company, LLC
- China Lesso Group Holdings Ltd.
- Egeplast A.S.
- Finolex Industries Ltd.
- Formosa Plastics Corporation
- Foshan Rifeng Enterprise Co. Ltd.
- Future Pipe Industries
- Geberit AG
- Georg Fischer Ltd
- IPEX Inc.
- JM Eagle Company Inc.
- Nan Ya Plastics Corporation
- National Pipe and Plastics Inc.
- North American Pipe Corporation
- Pipelife International GmbH
- Plastika A.S.
- Polypipe PLC
- Prince Pipes & Fittings India Private Limited
- Sekisui Chemical Company Ltd.
- Shin-Etsu Polymer Co. Ltd.
- Supreme Industries Ltd
- Tessenderlo Group
- Thai Pipe Industry Co. Ltd.
- Wavin N.V.
- Wienerberger AG
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 997 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $29.9 Billion |
| Forecasted Market Value (USD) by 2030 | $48.5 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Drop in Construction Activity Impacts Demand For Plastic Pipes
- Global Construction Spending (In US$ Trillion) for the Years 2019, 2020, & 2021
- Global Infrastructure Spending in US$ Billion (2014-2022)
- World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- Amidst the COVID-19 Outbreak, Oil & Gas Sector Confronts Challenging Times
- Average Annual OPEC Crude Oil Prices (in US$ per Barrel) for Years 2010 through 2021
- Plastic Pipes - Global Key Competitors Percentage Market Share in 2022 (E)
- Plastic Pipes: A Prelude
- Market Outlook
- Emerging Markets Drive Future Growth
- PVC Pipes Hold Commanding Share
- Polyethylene (PE) Pipes Witness Strong Growth
- Market Restraints
- Competition
- Market Share of Leading Players in Global Plastic Pipes Market: 2019
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Product Innovations and Technology Advancements Drive Market Growth
- Advancements in Material Grade Benefit Growth
- Rise in Use of 3D Printing Technology
- Use of Antimicrobial Additives to Improve Application of Plastic Pipes
- Water Transmission Projects Dominate Market
- Global Water Demand by End-Use (in Billion m3) for Years 2013 & 2030
- Demand for Water Access in Developing Countries Drives Growth
- Plastic Pipes Gain Share in Water and Wastewater Treatment
- Chlorinated Polyvinyl Chloride (CPVC) Gain Traction
- PVC Pipes Maintain Stronghold Led by Material Innovations
- Medium-High Pressure Network Applications to Drive Large Diameter PVC-O Demand
- Players Improvise on Plastic Pipe Composition for Oil and Gas Sector
- Global Natural Gas Demand to Witness Notable Compression Amid COVID-19
- Impact of Lockdown on Natural Gas Consumption by Sector in Belgium, France, Italy, UK, and the US
- HDPE Pipes Register Strong Gains in Sewer Applications
- Polypropylene Pipes Gain from New Formulations
- Thermoplastic and Corrugated Plastic Pipes Gain Increased Acceptance in Storm Sewer Applications
- Trenchless Technology Augurs Well for Plastic LDPs
- Structured Wall and Multilayer Pipes Grow in Usage
- Global Climate Change and Natural Disasters Drive the Demand for Plastic Pipes
- Replacement Demand from Dilapidated infrastructure and Aging Pipelines Drives Opportunities
- Rural Electrification in Emerging Countries Lends Traction
- Telecommunications Industry Drives Application for Cables and Conduits
- Fiber-to-the-Home/Building (FTTH/B) Market in US$ Billion: 2012 -2024
- Population Growth & Urbanization Drive Demand
- World Population by Geographic Region (2000-2050) (in Millions)
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1990, 2014 & 2050
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/cnn0ej
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