The Global Market for Plastic Pipes is Projected to Reach 19.5 Billion Meters by 2022

Novel Pipe Materials & Replacement Demand from Aging Utility Infrastructure to Drive the Plastic Pipes Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Plastic Pipes market. The global market for Plastic Pipes is projected to reach 19.5 billion meters by 2022, driven by replacement demand for piping materials in sewer and utility pipe networks, launch of new material compositions and growth in public infrastructure spending in developing markets.

Over the years plastics pipes have evolved as an important material for pipeline applications, especially for buried infrastructure. Led by superior engineering properties and advantages such as low-cost and ease of installation, plastic pipes continue to gain demand over traditional piping materials such as steel, copper, iron, concrete and aluminum in the construction and utility sectors. Replacement of aging pipe infrastructure in both developed, and developing countries represents a major growth driver. The market is also benefiting from the growing acceptance of large diameter plastic pipes, especially in infrastructure applications such as drainage and sewer, and water transmission. Development of new plastic grades and growing focus on new applications such as rain harvesting and attenuation systems is expected to further drive market growth. Other growth drivers include planned laying of natural gas distribution pipelines as well as recovering construction activity in several countries.

Polyvinyl Chloride (PVC) pipes represent the largest segment led by various performance advantages compared to traditional materials such as ductile and cast iron.  While the segment is considered mature, market growth is supported by introduction of improved PVC grades such as oriented PVC (PVC-O) and Modified PVC (PVC-M) that enable development of thinner wall pipes characterized by superior strength and flexibility. Polyethylene (PE) pipes segment is projected to pose fastest growth driven by expansion in sewerage, oil & gas, electrical, drainage, and telecommunication industries. HDPE corrugated pipes and specifically, dual wall HDPE corrugated pipes are gaining popularity as a suitable alternative to reinforced concrete pipe in storm water pipe systems. The industry is also witnessing the launch of new stabilizers such as calcium/zinc systems in response to the withdrawal of cadmium and the phase-out of lead based systems. Introduction of larger diameter pipes with structured and foam-core designs and development of multilayer pipes containing PVC recyclate is expected to further support growth. Structured wall pipes are gaining demand in sewerage systems, water distribution, and refurbishment markets led by development of lightweight pipes with large diameters.  

As stated by the new market research report on Plastic Pipes, Asia-Pacific represents the largest as well as the fastest growing market worldwide. The growth in the market is led by improved spending in infrastructure modernization projects, resurgence in construction activity replacement of metal based pipes with plastic pipes in utility networks, and expanding crop irrigation activities.

Major players covered in the report include .G. Petzetakis, Advanced Drainage Systems, Inc., Amanco Industrial, China Lesso Group Holdings Ltd., IPEX Inc., JM Eagle Company Inc., Mexichem S.A.B. de C.V., National Pipe & Plastics, North American Pipe Corporation, Performance Pipe, Pipelife International GmbH, Plastika AS, Polypipe Plc, Shin-Etsu Chemical Co. Limited, Tessenderlo Group, Thai Pipe Industry Co. Ltd., and Uponor Corp, among others.

The research report titled “Plastic Pipes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major companies. The report provides market estimates and projections in Metric Tons for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World markets. Product Segments analyzed for global and regional markets include Polyvinyl Chloride (PVC), Polyethylene (PE), Polypropylene (PP), and Other Plastic Pipes

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