The study on the Global HDPE Pipes Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of HDPE Pipes Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the HDPE Pipes Market during the forecast period (2021-2031).
The report examines the current trends, growth opportunities, restraints, and market drivers that are projected to influence the overall dynamics of the HDPE Pipes Market in the assessment period.
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HDPE Pipes Market Segmentation
By Region
- North America
- Europe
- East Asia
- South Asia
- Latin America
- Oceania
- Middle East & Africa
By Product Type
- PE80
- PE63
- PE100RC
- PE100
- Others
HDPE Pipes: Market participant
Some of the example of market participants in the global HDPE Pipes market,
- JM Eagle Inc.
- Polyplastic Group
- IPEX Inc.
- Radius system
- Lane Enterprises, Inc.
- Prinsco, Inc.
- Blue Diamond Industries, LLC
- Uponor Oyj
- United Poly Systems
- Mexichem
- WL Plastics
- Dura-Line Corp.
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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.
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.
Important queries related to the HDPE Pipes Market addressed in the report:
- Who are the most prominent players in the HDPE Pipes Market?
- What are the factors that are likely to hinder the growth of the HDPE Pipes Market during the forecast period (2021-2031)?
- Why is the concentration of tier-1 companies high in specific region?
- How are the soaring prices of raw materials impacting the demand for keyword?
- Why are market players eyeing opportunities in particular region?
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HDPE Pipes: Regional Outlook
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.
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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