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
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment