HDPE Pipes Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023.

The unprecedented growth of the end-use industries has resulted in the substantial growth of the HDPE pipes market. HDPE pipes, also known as thermoplastic pipes, are made of polyethylene resin and are used for the physical transportation of oil, gas, water, wastewater, and other substances. There are various benefits associated with these pipes, which makes them fit to be used in various end-use industries. Such pipes can be heat fused to form a strong joint, which makes them leak free. This eliminates the potential risk of leakages, which is usually seen in the case of PVC and ductile iron pipes. This class of pipes is fatigue proof and can bear extreme repetitive pressure. These are also highly flexible, which makes them well suited for earthquake-prone areas. The flexibility and leak-free joints of these pipes provide the additional advantage of cost efficiency as they save considerable time and money in their installation process.

The global HDPE pipes market is expected to witness a CAGR of around 5%, and its value is expected to reach USD 22 billion during the forecast period.

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North America to see gradual growth in the global HDPE pipes market over the forecast period.

On the basis of region, the global HDPE pipes market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America dominated the global market, primarily due to the increasing investments in R&D for advanced materials along with increasing pipeline upgrading projects for water infrastructure.

Asia-Pacific is expected to witness the highest growth during the forecast period, where China is accounted for the largest market share in 2017. The reason is attributed to the increasing population and rapid urbanization, which has generated the demand for clean drinking water. Furthermore, the growth of the various industries has also led to the increasing demand for clean water for various industrial applications. This has fueled the demand for HDPE pipes in the region.

Water and wastewater segment to account for the highest growth rate during the forecast period 2018–2023

On the basis of application, the water and wastewater segment is expected to witness maximum growth during the forecast period. The growing population along with the positive economic conditions are expected to create demand for clean water. This has been met with several government and non-government initiatives in terms of policies and regulations. The focus of such government bodies is improving the investments in water-related infrastructure and services to cater to future demand. Furthermore, the properties of HDPE purposes such as corrosion resistant and leak-free make it a preferred choice of materials used in the pipeline systems for water infrastructure.

Scope of the Report

This study provides an overview of the global HDPE pipes market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global HDPE pipes market by material, by product, by end-user, and by region.

Key Players

The prominent players in the HDPE Pipes market are JM Eagle Inc. (US), United Poly Systems (US), Radius system (UK), WL Plastics (US), Dura-Line Corp. (US), Lane Enterprises, Inc. (US), Prinsco, Inc. (US), Polyplastic Group (Russia), Canada Culvert, Inc. (Canada), and IPEX Inc. (US).

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