The global thermoplastic pipe market is projected to grow at a CAGR of 3%-5% during 2020-2026. The growth of thermoplastic pipe market is driven by growing deep-water and ultra-deepwater oil & gas production & exploration activities and increasing mining activities.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the thermoplastic pipe market by
application (oil & gas, water & wastewater, mining & dredging, and
utilities & renewables), product type (reinforced thermoplastic pipe (RTP),
and thermoplastic composite pipe (TCP)), polymer type (polyethylene (PE),
polypropylene (PP), polyvinylidene fluoride (PVDF), polyvinyl chloride (PVC),
and others), and region (North America, Europe, Asia Pacific, and Rest of the
World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the thermoplastic pipe market?
Q.4 What are some
changing demands of customers in the thermoplastic pipe market?
Q.5 What are the new
developments in the thermoplastic pipe market? Which companies are leading
these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this thermoplastic pipe area and how big
of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this thermoplastic pipe market?
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Market Segmentation:
Based on product type,
the thermoplastic pipe market is segmented into reinforced thermoplastic pipe
(RTP), and thermoplastic composite pipe (TCP). The thermoplastic composite pipe
(TCP) segment accounted for the largest share of the market in 2020 due to
their increasing usage in greater water depths upto 3,000 meters in offshore.
Moreover, they can also be laid upto 4 kilometers of continuous length as
compared to steel pipes.
North America is
expected to be the largest region with the highest growth over the forecast
period due to urbanization and industrialization growth along with
increasing mining activities in China, Australia, and India, which are likely
to drive the thermoplastic pipe market in the region.
Key Players in the thermoplastic
pipe market are Advanced Drainage Systems, TechnipFMC, National Oilwell Varco,
Airborne Oil & Gas, Magma Global, Baker Hughes, Chevron Philips Chemical,
Prysmian, Georg Fischer, Shawcor, and Uponor.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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https://www.lucintel.com/thermoplastic-pipe-market.aspx
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.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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