DUBLIN--(BUSINESS WIRE)--Sep 7, 2018--The “Plastic Pipe Market Report: Trends, Forecast and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.
The global plastic pipe market is expected to reach an estimated $87 billion by 2023 and is forecast to grow at a CAGR of 6.2% from 2018 to 2023.
The future of the global plastic pipe market looks promising with opportunities in water and wastewater, agriculture, chemical, and electrical & telecommunication cable protection. The major growth drivers for this market are growing residential and non-residential construction activities, replacement of aging pipelines, and increasing awareness of the attractive properties of plastic pipes.
Emerging trends, which have a direct impact on the dynamics of the plastic pipe industry, include the usage of anti-microbial plastic pipes to improve hygiene, replacement of traditional material pipes with eco-friendly ABS (Acrylonitrile Butadiene Styrene) and PE plastic pipes, and increasing consumption of multilayer plastic pipes in gas distribution.
The report forecasts that PE pipes are expected to witness significant growth over the forecast period because of their heat resistance, low cost, durability, minimal maintenance requirements, and superior energy efficiency.
By application type, the global plastic pipe market is segmented into potable water, wastewater, electrical and telecommunication cable protection, agriculture, chemical, and oil & gas. The wastewater segment is expected to witness significant growth over the forecast period.
APAC is expected to remain the largest market and witness the highest growth rate over the forecast period due to the increasing urbanization, infrastructure development, and the continuous growth of the residential construction and industrial sectors.
Scope of the Report
Plastic Pipe Market Size by Polymer Type [Value ($ Million) from 2012 to 2023]:PVC Pipes PE Pipes PP Pipes Others
Plastic Pipe Market Size by Diameter Type [Value ($ Million) from 2012 to 2023]:Large Diameter Pipes Small Diameter Pipes
Plastic Pipe Market Size by Application [Value ($ Million) from 2012 to 2023]:Potable Water Wastewater Electrical and Telecommunication Cable Protection Agriculture Chemical Oil & Gas
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading PlayersAdvanced Drainage Systems, Inc. Astral Poly Technik Limited China LESSO Group Holdings Limited Finolex Industries Limited Formosa Plastics Group JFE Holdings, Inc. Mexichem SAB de CV Sekisui Chemical Co., Ltd. Solvay SA Supreme Industries Ltd
For more information about this report visit https://www.researchandmarkets.com/research/gw32ph/plastic_pipe?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180907005313/en/
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INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/07/2018 11:03 AM/DISC: 09/07/2018 11:03 AM