According to the recent study the Plastic Pipe Market is projected to reach an estimated $147 billion by 2030 at a CAGR of 6% 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 plastic pipes.
A more than 150-page report
to understand trends, opportunities and forecast in plastic pipe market by
plastic pipe market by polymer/plastic type: PVC (Poly Vinyl Chloride) pipes,
PE (Poly Ethylene) pipes, PP (Poly Propylene) pipes, and others; by diameter
(large diameter pipes and small diameter pipes); application (potable water,
wastewater, electrical, telecommunication cable protection, agriculture,
chemical, and oil and gas); and region (North America, Europe, Asia Pacific,
and the Rest of the World).
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.
Within the global the
global plastic pipe market is segmented into potable water, wastewater,
electrical and telecommunication cable protection, agriculture, chemical, and
oil & gas by application, the wastewater segment is expected to witness
significant growth over the forecast period.
Download sample by clicking on Plastic 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.
Orbia, Mexichem SAB,
China Lesso Group, Sekisui Chemical, Formosa Plastics Group, Advanced Drainage
Systems are the major suppliers in the plastic
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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