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DUBLIN, Jan. 21, 2022 /PRNewswire/ -- The 'Polyolefin Pipes Market by Type (PE, PP, Plastomer), Application (Irrigation, Potable & Plumbing, Wastewater Drainage, Power & Communication, Industrial), End-use Industry (Building & Construction, Agriculture), and Region - Global Forecast to 2026' report has been added to ResearchAndMarkets.com's offering.
The global polyolefin pipes market size is projected to reach USD 24.1 billion by 2026 at a CAGR of 5.3% from USD 18.6 billion in 2021.
Sprinkler and drip irrigation provide good growth potential, hot water bathroom application where PO pipes are replacing PVC pipes, increasing usage of engineered PO in manufacturing pipes, improved characteristics of plastomers over conventional plastics and elastomers, increasing adoption of bio-based polymer such as PLA and BioPE, and growing emphasis by local government on rainwater harvesting are driving the PO pipes market.
However, higher capacity-to-demand ratio, rising concerns pertaining to plastic disposal, economic slowdown, and the impact of COVID-19 on the manufacturing sector are the factors restraining the market. growing need of PO pipes for communication and cooking gas supplies, growing deep- and ultra-deep-water oil & gas exploration and production activities, increasing demand for cross-linked HDPE, increasing demand for metallocene-based PO, and increasing demand for metallocene-based LLDPE will bring new growth opportunities for the market. The major challenges faced by the market include climatic challenges to maintain pipes, fluctuation in raw material prices, and difficulties in large-scale manufacturing of PO pipes.
In terms of value, the PE segment is projected to account for the largest share of the polyolefin pipes market, by type, during the forecast period.
PE is projected to be the largest type segment in polyolefin pipes market. PE pipes are used for the physical transportation of oil, gas, water, wastewater, and other substances. These pipes offer various benefits such as low weight, abrasion-resistance, corrosion-resistance, high impact-resistance, and superior flexibility which enables their use in various end-use industries. These pipes can be heat fused to form strong joints, which makes them leak-free. This class of pipes is fatigue-proof and can bear extreme repetitive pressure. They are also highly flexible and are thus suited for earthquake-prone areas. The flexibility and leak-free joints of these pipes provide the additional advantage of cost-efficiency as they save significant time and money in the process of installation.
Industrial is projected to be the fastest-growing market for polyolefin pipes, by application, during the forecast period. Industrial application is projected to be the fastest-growing market for polyolefin pipes during the forecast period.
Polyolefin pipes are widely used in industrial applications wherein piping systems are exposed to harsh and extreme climatic conditions. Due to the flexible nature of PE, it expands with pressure surges, which increases the life of the pipeline and reduces maintenance costs. Polyolefin pipes also have a high demand due to their flexibility; gas distribution systems are more likely to survive severe ground shifts, especially due to earthquakes when they are made from fused PE pipes.
Building & construction segment is estimated to be the largest end-use industry
In the building & construction industry, pipes and fitting materials play an important role in performing the task of conveying fluids. Materials used for manufacturing pipes depend upon the type of fluid and the conditions under which they are conveyed. Fluids can be hazardous, reactive, volatile, corrosive, or flammable. The integrity of fluids is required to be maintained when they are conveyed under process conditions such as different temperatures and pressures and hence require pipe materials suitable for conveyance under such conditions.
The North American region leads the polyolefin pipes market in terms of value.
North America is projected to be the largest polyolefin pipes market during the forecast period. Globally, the region has been leading, in terms of demand and product innovation, improved performance, quality of polyolefin pipes, and emerging applications in various end-use industries. Key countries in the North American market are the US, Canada, and Mexico. Canada and Mexico have shown increasing demand for polyolefin pipes which is expected to continue during the forecast period.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Emerging Economies to Witness Relatively Higher Demand for Polyolefin Pipes4.2 Polyolefin Pipes Market, by Type4.3 Polyolefin Pipes Market, by Application4.4 Polyolefin Pipes Market, by End-Use Industry4.5 Polyolefin Pipes Market, by Country
5 Market Overview 5.1 Introduction5.2 Market Segmentation5.2.1 Polyolefin Pipes Market, by Type5.2.2 Polyolefin Pipes Market, by Application5.2.3 Polyolefin Pipes Market, by End-Use Industry5.3 Market Dynamics5.3.1 Drivers5.3.1.1 Sprinkler and Drip Irrigation Provide Good Growth Potential5.3.1.2 Hot Water Bathroom Application Where Po Pipes are Replacing Pvc Pipes5.3.1.3 Increasing Usage of Engineered Po in Manufacturing Pipes5.3.1.4 Improved Characteristics of Plastomers Over Conventional Plastics and Elastomers5.3.2 Restraints5.3.2.1 Higher Capacity-To-Demand Ratio5.3.2.2 Rising Concerns Pertaining to Plastic Disposal5.3.2.3 Economic Slowdown and Impact of COVID-19 on the Manufacturing Sector5.3.3 Opportunities5.3.3.1 Increasing Demand for Cross-Linked Hdpe5.3.3.2 Increasing Demand for Metallocene-Based Po5.3.3.3 Increasing Demand for Metallocene-Based Lldpe5.3.3.4 Growing Deep- and Ultra-Deep-Water Oil & Gas Exploration and Production Activities5.3.4 Challenges5.3.4.1 Replacement of Pex by Pp Pipes5.3.4.2 Fluctuation in Raw Material Prices5.3.4.3 Absence of Global Design and Qualification Standards5.3.4.4 Difficulties in Large-Scale Manufacturing of Po Pipes5.4 Porter's Five Forces Analysis5.5 Patent Analysis5.5.1 Introduction5.5.2 Methodology5.5.3 Document Type5.5.4 Publication Trends - Last 10 Years5.5.5 Insight5.5.6 Legal Status of Patents5.5.7 Jurisdiction Analysis5.5.8 Top Companies/Applicants5.5.9 Top Ten Patent Owners (Us) During Last Ten Years5.5.10 By Type5.5.10.1 Methodology5.6 Impact of COVID-19 on Polyolefin Pipes Market5.7 Average Selling Price Analysis5.8 Trends and Disruptions Impacting Market
6 Polyolefin Pipes Market, by Type 6.1 Introduction6.2 By Material6.2.1 Polyethylene (Pe)6.2.1.1 Commodity6.2.1.1.1 High-Density Polyethylene (Hdpe)6.2.1.1.2 Pe326.2.1.1.3 Pe636.2.1.1.4 Pe806.2.1.1.5 Pe1006.2.1.1.6 Medium Density Polyethylene (Mdpe)6.2.1.1.7 Linear Low-Density Polyethylene (Lldpe) and Metallocene Linear Low-Density Polyethylene (Mlldpe)6.2.1.1.8 Others6.2.1.2 Specialty6.2.1.2.1 Cross-Linked Polyethylene (Pex)6.2.1.2.2 Polyethylene of Raised Temperature (Pe-Rt)6.2.2 Polypropylene (Pp)6.2.3 Plastomers6.2.4 Others
7 Polyolefin Pipes Market, by Application 7.1 Introduction7.2 Irrigation7.3 Potable & Plumbing7.3.1 Domestic7.3.2 Municipal7.4 Wastewater Drainage7.5 Power & Communication7.6 Industrial Applications7.7 Chemical Transportation7.8 Others
8 Polyolefin Pipes Market, by End-Use Industry 8.1 Introduction8.2 Building & Construction8.2.1 Residential8.2.2 Commercial8.3 Agriculture8.3.1 Drip Irrigation8.3.2 Sprinkler Irrigation8.3.3 Lateral Irrigation8.3.4 Sub-Irrigation8.3.5 Others8.4 Industrial8.4.1 Oil & Gas8.4.2 Chemical8.4.3 Automotive (Radiator Pipes)8.4.4 Mining & Metals8.4.5 Utilities & Renewables8.4.6 Others8.5 Others
9 Polyolefin Pipes Market, by Region
10 Competitive Landscape 10.1 Introduction10.1.1 Po Pipes Market, Key Developments10.2 Market Share Analysis10.3 Ranking Analysis of Key Market Players, 202010.4 Company Evaluation Matrix10.5 Competitive Evaluation Quadrant10.5.1 Terminology/Nomenclature10.5.1.1 Star10.5.1.2 Pervasive10.5.1.3 Emerging Leader10.5.1.4 Participant10.6 Revenue Analysis of Top Market Players10.6.1 Strength of Product Portfolio10.6.2 Business Strategy Excellence10.7 Competitive Evaluation Quadrant (Other Key Players)10.7.1 Terminology/Nomenclature10.7.1.1 Progressive Companies10.7.1.2 Responsive Companies10.7.1.3 Dynamic Companies10.8 Competitive Situations and Trends10.8.1 Deals10.8.2 Others
11 Company Profiles 11.1 Major Players11.1.1 Agru11.1.2 Gf Piping Systems11.1.3 Advanced Drainage Systems11.1.4 Chevron Phillips Chemical Company11.1.5 Jm Eagle11.1.6 Radius Systems11.1.7 Aliaxis11.1.8 Prinsco11.1.9 Thai-Asia P.E. Pipe Co., Ltd.11.1.10 United Poly Systems11.2 Other Players11.2.1 Future Pipe Industries11.2.2 Wl Plastics11.2.3 Aquatherm11.2.4 Blue Diamond Industries11.2.5 Armtec11.2.6 Pipeline Plastic LLC11.2.7 Teraplast Group11.2.8 Charter Plastics11.2.9 Infra Pipe Solutions Pvt Ltd11.2.10 Pars Ethylene Kish11.2.11 Vesbo Piping System
12 Appendix
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