Global Market for Plastic Pipes
Dublin, June 23, 2023 (GLOBE NEWSWIRE) -- The "Plastic Pipes: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Plastic Pipes estimated at US$29.9 Billion in the year 2022, is projected to reach a revised size of US$48.5 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2022-2030. Ti02 Titanium Dioxide
PVC, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$16.9 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the cPVC segment is readjusted to a revised 6.7% CAGR for the next 8-year period. The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 6.9% CAGR The Plastic Pipes market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$17 Billion by the year 2030 trailing a CAGR of 6.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 5.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.7 Billion by the year 2030. Select Competitors (Total 365 Featured) -
Chevron Phillips Chemical Company, LLC
China Lesso Group Holdings Ltd.
Foshan Rifeng Enterprise Co. Ltd.
National Pipe and Plastics Inc.
Prince Pipes & Fittings India Private Limited
Thai Pipe Industry Co. Ltd.
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Drop in Construction Activity Impacts Demand For Plastic Pipes
Global Construction Spending (In US$ Trillion) for the Years 2019, 2020, & 2021
Global Infrastructure Spending in US$ Billion (2014-2022)
World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
Amidst the COVID-19 Outbreak, Oil & Gas Sector Confronts Challenging Times
Average Annual OPEC Crude Oil Prices (in US$ per Barrel) for Years 2010 through 2021
Plastic Pipes - Global Key Competitors Percentage Market Share in 2022 (E)
Emerging Markets Drive Future Growth
PVC Pipes Hold Commanding Share
Polyethylene (PE) Pipes Witness Strong Growth
Market Share of Leading Players in Global Plastic Pipes Market: 2019
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS
Product Innovations and Technology Advancements Drive Market Growth
Advancements in Material Grade Benefit Growth
Rise in Use of 3D Printing Technology
Use of Antimicrobial Additives to Improve Application of Plastic Pipes
Water Transmission Projects Dominate Market
Global Water Demand by End-Use (in Billion m3) for Years 2013 & 2030
Demand for Water Access in Developing Countries Drives Growth
Plastic Pipes Gain Share in Water and Wastewater Treatment
Chlorinated Polyvinyl Chloride (CPVC) Gain Traction
PVC Pipes Maintain Stronghold Led by Material Innovations
Medium-High Pressure Network Applications to Drive Large Diameter PVC-O Demand
Players Improvise on Plastic Pipe Composition for Oil and Gas Sector
Global Natural Gas Demand to Witness Notable Compression Amid COVID-19
Impact of Lockdown on Natural Gas Consumption by Sector in Belgium, France, Italy, UK, and the US
HDPE Pipes Register Strong Gains in Sewer Applications
Polypropylene Pipes Gain from New Formulations
Thermoplastic and Corrugated Plastic Pipes Gain Increased Acceptance in Storm Sewer Applications
Trenchless Technology Augurs Well for Plastic LDPs
Structured Wall and Multilayer Pipes Grow in Usage
Global Climate Change and Natural Disasters Drive the Demand for Plastic Pipes
Replacement Demand from Dilapidated infrastructure and Aging Pipelines Drives Opportunities
Rural Electrification in Emerging Countries Lends Traction
Telecommunications Industry Drives Application for Cables and Conduits
Fiber-to-the-Home/Building (FTTH/B) Market in US$ Billion: 2012 -2024
Population Growth & Urbanization Drive Demand
World Population by Geographic Region (2000-2050) (in Millions)
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1990, 2014 & 2050
For more information about this report visit https://www.researchandmarkets.com/r/cnn0ej
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PVC Processing Aids Global Market for Plastic Pipes