According to the recent study the HDPE Pipe Market is projected to reach an estimated $40 billion by 2030 from $28 billion in 2023 at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by growing residential and non-residential construction activities, replacement of aging pipelines, and increasing awareness of the attractive properties of HDPE pipes.
A more than 150 page report
to understand trends, opportunities and forecast in HDPE pipe market by
application (potable water, wastewater, oil and gas, irrigation, and others),
grade type (PE100, PE80, PE63 and others), diameter (small diameter pipes (up
to 15 inches) and large diameter pipes (15 inches and above), pressure rating
(high, medium, and low pressure), and region (North America, Europe, Asia
Pacific, and the Rest of the World).
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.
Download sample by clicking on HDPE Pipe Market
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 in
this region.
Mexichem SAB, China
Lesso Group, Advanced Drainage Systems, Sekisui Chemical, Formosa Plastics
Group, Supreme Industries, Jain Irrigation, and Astral Pipes are the major suppliers in the HDPE
pipe Market.
This unique 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 write us at helpdesk@lucintel.com To get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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