Asia Pacific Polyethylene (PE) pipes Market
Asia-Pacific Polyethylene (PE) pipes market is expected to reach USD 19.38 billion by 2033 from USD 9.81 billion in 2023, growing at a CAGR of 7.13% during the forecast period of 2024 to 2033.
Market Segmentation:
Asia-Pacific Polyethylene (PE) Pipes Market, By Raw Material (HDPE, MDPE (Medium density Polyethylene), PEX (Cross Link Polyethylene), LLDPE, LDPE, and PERT (Polyethylene of Raised Temperature Resistance), Category (Pressure Pipes and Non-pressure Pipes), Size (1/2-1'', 1-2'', 2-5'', 5-10'', 10-20'', ABOVE 20'', and UPTO 1/2''), Application (Water Infrastructure, Industrial Infrastructure, and Oil and Gas Infrastructure), Country (China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Australia, New Zealand, Singapore, Philippines, Rest of Asia-Pacific)- Industry Trends and Forecast to 2033
Some of the major factors contributing to the growth of the Asia-Pacific Polyethylene (PE) pipes market:
Drivers
• Rising demand of food delivery services using various online platforms
• The growing travel and tourism Industry increases the usage of disposable items
Restraint
• Lack of recycling of foodservice disposables and chemicals such as formaldehyde leads to human health risk
Opportunity
• Developing plates, cups, spoons, containers using edible material with the goal of zero wastage
Market Players:
The key players operating in the Asia-Pacific Polyethylene (PE) pipes market are:
• Chevron Phillips Chemical Company LLC.
• Wavin (A Part of Orbia)
• Uponor Corporation
• CHINA LESSO
• Korea Petrochemical Ind. Co., LTD
• supreme.co.in.
• WL Plastics, Prinsco,Inc
• ASTRAL PIPES
• NAN YA PLASTICS CORPORATION
• Jain Irrigation Systems Ltd.
• NewAge Industries,
• Lane Enterprises, Inc.
• FURUKAWA ELECTRIC CO.,LTD.
• Apl Apollo Tubes Limited
• Shanghai Metal Corporation
• Oasis Irrigation Equipment Company Limited
• Resonac Holdings Corporation
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