According to a new market report published by Lucintel, the future of the global HDPE (High Density Poly Ethylene) pipe market looks promising with opportunities in potable water, wastewater, oil and gas, and irrigation sectors. The global HDPE market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $22.9 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025 . The major growth drivers for this market are growing residential and non-residential construction activities, replacement of aging pipelines, and increasing awareness of the attractive properties of HDPE pipes.
Browse 104 market data tables and 137 figures spread through 213 pages and in-depth TOC on “Global HDPE Pipe Market"
To download report brochure, please go to https://www.lucintel.com/hdpe-pipe-market.aspx and click "report brochure" tab
In this market, different types of HDPE pipe such as PE100, PE80, PE63 and others are used as grade type. On the basis of comprehensive research, Lucintel forecasts that PE100 pipes are expected to remain the largest segment and witness the highest growth over the forecast period because of their high strength, chemical resistance, low cost, durability, minimal maintenance requirements, and superior energy efficiency.
Within the global HDPE pipe market, the wastewater segment is expected to witness the highest growth over the forecast period due to increasing spending in municipal infrastructure development.
APAC is expected to remain the largest market and to witness the highest growth rate over the forecast period due to the increasing urbanization, infrastructure development, and the continuous growth of the residential construction and industrial sectors in this region.
Emerging trends, which have a direct impact on the dynamics of the HDPE pipe industry, include the introduction of mechanical coupling in HDPE pipe focusing on pipe strength and replacement of traditional material pipes with eco-friendly HDPE pipes. Mexichem SAB, China Lesso Group, Advanced Drainage Systems, Sekisui Chemical, Formosa Plastics Group, Supreme Industries, Jain Irrigation, and Astral Pipes and others are among the major HDPE pipe manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the global HDPE pipe market by application, grade type, diameter, pressure rating, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Global HDPE Pipe Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global HDPE pipe market by application, grade type, diameter, pressure rating, and region as follows:
By Application [Value ($ Million) from 2014 to 2025]:
Potable Water
Wastewater
Oil and Gas
Irrigation
Others
By Grade Type [Value ($ Million) from 2014 to 2025]:
PE100 Pipes
PE80 Pipes
PE63 and Other Pipes
By Diameter Type [Value ($ Million) from 2014 to 2025]:
Large Diameter Pipes
Small Diameter Pipes
By Pressure Rating [Value ($ Million) from 2014 to 2025]:
High Pressure Pipes
Medium Pressure Pipes
Low Pressure Pipes
By Region [Value ($ Million) and Volume (Thousand Tons) from 2014 to 2025]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 213-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/hdpe-pipe-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.