Analysis of HDPE Pipes market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
HDPE pipes refer to pipes that are manufactured from high-density polyethylene (HDPE). They are also called sometimes thermoplastics pipes. The HDPE pipes are flexible plastics pipes used for various applications such as rural irrigation, gas mains, water mains, slurry transfer lines, drainage system pipelines, electrical and communication system conduits, etc. HDPE pipes are composed of the thermoplastic polymer HDPE, which has high levels of water resistance. It has a strong molecular bond appropriate for high-pressure pipelines.
The HDPE pipes are used regularly in gas pipelines because the weight of the HDPE pipe is lower and it is highly corrosion resistant. HDPE pipes are also a highly durable material and cost-effective. The HDPE pipe is flexible and durable and it can be bent 25 times to normal pipes diameter.
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The HDPE pipes are also used for the supply of drinking water. In various countries of the world, water shortages are influencing the local economies and community living standards. The respective governments are launching initiatives to improve their wastewater infrastructure and drinking water system, which is bound to drive the growth of HDPE pipes in the upcoming years.
Due to the continuous demand for water infrastructure in all developing regions, the HDPE pipes market is bound to grow. The developing countries are aggressively working on the development of their sewage system, thus the demand for HDPE pipes has also increased. HDPE pipes offer various advantages such as it is light in weight, has a long lifecycle, provides flexibility, is resistant to corrosion and they offer leak-free coverage. Further, the development of the sewage removal infrastructure is foreseen to decidedly affect the development of the HDPE pipes market.
In the oil & gas industry, companies are trying to adopt HDPE pipes as an alternative to steel pipes. The key reason for the adoption of HDPE pipe in such applications is that it has less cost as compared to steel pipe. Other advantages of HDPE pipes include chemical resistance, high tensile strength, and easy handling. The expanding utilization of HDPE pipes in the oil and gas industry is projected to drive the development of the HDPE pipes market over the upcoming years.
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Since the COVID-19 pandemic impacted the world from start of the year 2020, the disease has spread about every country around the world. The HDPE Pipes industry has been impacted severely by the ongoing pandemic (Covid-19) crisis. The impact of COVID-19 include shortage of subcontractors and materials, supply chain disruptions, and the termination of contracts to control expenses. The HDPE Pipes market has experienced negative growth during the pandemic time, however it is expected to gain traction within short span of time with resumption of the economic activites.
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The HDPE Pipes market can be segmented by product type and application wise:
On the basis of region, the worldwide HDPE Pipes market can be divided into Asia-Pacific, Middle East & Africa, Europe, North America, and South America. The North American region is a significant market for HDPE Pipes.
The Asia-Pacific market also holds a significant market share in the HDPE pipes market, driven by high demand from the irrigation and water & wastewater sectors. Various fast-growing economies in the region have developed their industrial and agricultural activity as well as oil & gas exploration activities. The expected demand for HDPE pipes in the Asia-Pacific region is projected to be driven by countries such as India, and Southeast Asian countries.
The market in Europe holds significant opportunities for HDPE pipes given the continuous refurbishment of old water & irrigation infrastructure in the region.
Some of the example of market participants in the global HDPE Pipes market,
The research report presents a comprehensive assessment of the HDPE Pipes market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to HDPE Pipes market segments such as product type and end-use industry.
The market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on HDPE Pipes market segments and geographies.
NOTE - All announcements of actuality, supposition, or examination communicated in reports are those of the separate investigators. They don't really reflect formal positions or perspectives on the organization.
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Global sales of HDPE pipes are predicted to expand at a CAGR of 6% during the forecast period.
Poor weather resistance and stress cracking of HDPE pipes might hamper product sales growth.
The global market for HDPE pipes is predicted to reach US$ 27.09 billion by 2030.
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