Plastic Pipes Market 2024-2028
The plastic pipes market is forecasted to grow by USD 23.57 bn during 2023-2028, accelerating at a CAGR of 5.4% during the forecast period. The report on the plastic pipes market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing construction activities in emerging economies, increasing shift towards HDPE pipes, and government investments for water supply and sanitation.
Technavio's plastic pipes market is segmented as below:
- By Material
- Polyvinyl chloride
- Polyethylene
- Polypropylene
- Others
- By Application
- Water supply and distribution
- Sewage and drainage
- Gas distribution
- Agriculture
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing popularity of anti-microbial pipes as one of the prime reasons driving the plastic pipes market growth during the next few years. Also, increasing number of mergers and acquisitions among vendors and expanding focus of vendors on use of recycled plastic materials will lead to sizable demand in the market.
The report on the plastic pipes market covers the following areas:
- Plastic pipes market sizing
- Plastic pipes market forecast
- Plastic pipes market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic pipes market vendors that include Advanced Drainage Systems Inc., Aliaxis Holdings SA, Astral Ltd., Chevron Phillips Chemical Co. LLC, China Lesso Group Holdings Ltd., Georg Fischer Ltd., IPEX BRANDING INC., JM Eagle Inc, Kubota Corp., NIBCO INC., Polypipe Ltd, R C Plasto Tanks and Pipes Private Ltd, RIFENG Enterprise Co Ltd, Saudi Arabian Amiantit Co., Sekisui Chemical Co. Ltd., Tessenderlo Group NV, Uponor Corp., Viega GmbH and Co. KG, Wavin BV, and WL Plastics. Also, the plastic pipes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.