The global plastic pipe market is expected to reach $87 billion by 2023


   August 28 2018
According to a new market report published by Lucintel, the future of the global plastic pipe market looks promising with opportunities in water and wastewater, agriculture, chemical, and electrical & telecommunication cable protection. The global plastic pipe market is expected to reach an estimated $87 billion by 2023 and is forecast to grow at a CAGR of 6.2% from 2018 to 2023. 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 plastic pipes.

Browse 82 market data Tables and 105 Figures spread through 185 Pages and in-depth TOC on “Global Plastic Pipe Market 2018-2023" https://www.lucintel.com/plastic-pipe-market.aspx

In this market, PVC (Poly Vinyl Chloride), PE (Poly Ethylene), and PP (Poly Propylene) are the major polymer types used to manufacture plastic pipes. On the basis of comprehensive research, Lucintel forecasts that PE pipes are expected to witness significant growth over the forecast period because of their heat resistance, low cost, durability, minimal maintenance requirements, and superior energy efficiency.

By application type, the global plastic pipe market is segmented into potable water, wastewater, electrical and telecommunication cable protection, agriculture, chemical, and oil & gas. The wastewater segment is expected to witness significant growth over the forecast period.

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By diameter type, the global plastic pipe market is segmented into small diameter pipes and large diameter pipes. The small diameter pipe segment is expected to remain the largest segment over the forecast period.

APAC is expected to remain the largest market and 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.

Emerging trends, which have a direct impact on the dynamics of the industry, include the usage of anti-microbial plastic pipes to improve hygiene, replacement of traditional material pipes with eco-friendly ABS (Acrylonitrile Butadiene Styrene) and PE plastic pipes, and increasing consumption of multilayer plastic pipes in gas distribution. Mexichem SAB, China Lesso Group, Sekisui Chemical, Formosa Plastics Group, and Advanced Drainage Systems are among the major suppliers of the plastic pipe market.

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The study includes a forecast for the global plastic pipe market by material, diameter, application, and region, as follows:

By Polymer Type [Value ($ Million) from 2012 to 2023]:



  • PVC Pipes


  • PE Pipes


  • PP Pipes


  • Others


By Diameter Type [Value ($ Million) from 2012 to 2023]:



  • Large Diameter Pipes


  • Small Diameter Pipes


By Application [Value ($ Million) from 2012 to 2023]:



  • Potable Water


  • Wastewater


  • Electrical and Telecommunication Cable Protection


  • Agriculture


  • Chemical


  • Oil & Gas


By Region [Value ($ Million) from 2012 to 2023]:



  • North America


    • United States


    • Canada


    • Mexico




  • Europe


    • Germany


    • United Kingdom


    • Italy


    • Spain




  • APAC


    • China


    • India


    • Japan




  • ROW


This 185-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 know more about the Global Plastic Pipe Market @ https://www.lucintel.com/toc/plastic-pipe-market.aspx or helpdesk@lucintel.com

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