Thermoplastic Pipe Market Size, Share, and Analysis, By Product Type (Thermoplastic Composite Pipe, Reinforced Thermoplastic Pipe), By Polymer Type (Polyethylene Pipe, Poly Vinyl Chloride Pipe, Polypropylene Pipe, Polyvinylidene Fluoride, and Others), By Application (Oil & Gas, Water & Wastewater, Mining & Dredging, Utilities & Renewables, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Thermoplastic Pipe Market Size, Share, and Analysis, By Product Type (Thermoplastic Composite Pipe, Reinforced Thermoplastic Pipe), By Polymer Type (Polyethylene Pipe, Poly Vinyl Chloride Pipe, Polypropylene Pipe, Polyvinylidene Fluoride, and Others), By Application (Oil & Gas, Water & Wastewater, Mining & Dredging, Utilities & Renewables, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Thermoplastic Pipe Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 3.4 billion and is projected t%li%reach USD 6 billion by the completion of 2034.
Thermoplastic pipes are made of plastic polymers and provides unique ability t%li%be reshaped multiple times, without compromising structural integrity. These pipes are composed of polymers such as Polyethylene Pipe (PP), Poly Vinyl Chloride Pipe (PVC), Polypropylene Pipe (PP), and are used for their flexibility across various industries including construction, plumbing, and agriculture. Additionally, thermoplastic pipes are known for their exceptional corrosion resistance, which ensures durability in severe conditions exposed t%li%chemicals, moisture, and temperature fluctuations. Furthermore, their lighter weight streamlines transportation and installation processes, which results in low labor costs and make them ideal for large-scale projects. Moreover, their smooth inner surface significantly reduces friction, which optimizes the flow of liquid and reduces the probability of obstructions. Hence, due t%li%their ability t%li%withstand harsh conditions and their cost-effectiveness, thermoplastic pipes have emerged as the preferred choice for piping requirements across various industries.
MARKET HIGHLIGHTS
Thermoplastic Pipe Market is expected t%li%achieve USD 6 billion, showcasing a significant growth during the forecast period, owing t%li%their versatile applications and practical advantages across industries. Thermoplastic pipes are commonly used for their corrosion resistance and lightweight composition, which provides easy installation and adaptability t%li%multiple environmental settings. Their ability t%li%withstand harsh environments, such as chemical exposure and varying temperatures, has significantly increased their demand across industries including chemical processing, water management, and construction. Additionally, the global emphasis on sustainability has accelerated the adoption of thermoplastic pipes as they have a lower environmental impact compared t%li%traditionally used materials. Therefore, thermoplastic pipe market is expected t%li%maintain its growth trajectory with the continuous infrastructure development and need for efficient fluid transportation across industries.
Thermoplastic Pipe Market Segments:
Growth Drivers
Increased Demand for Construction and Infrastructure Will Drive Market Expansion
Material Technology Advancements Will Provide Market Growth Opportunities
Restraint
Predominance of Traditionally Used Materials May Stall Market Expansion
Key Players
PRODUCT OVERVIEW
Thermoplastic Pipe Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 3.4 billion and is projected t%li%reach USD 6 billion by the completion of 2034.
Thermoplastic pipes are made of plastic polymers and provides unique ability t%li%be reshaped multiple times, without compromising structural integrity. These pipes are composed of polymers such as Polyethylene Pipe (PP), Poly Vinyl Chloride Pipe (PVC), Polypropylene Pipe (PP), and are used for their flexibility across various industries including construction, plumbing, and agriculture. Additionally, thermoplastic pipes are known for their exceptional corrosion resistance, which ensures durability in severe conditions exposed t%li%chemicals, moisture, and temperature fluctuations. Furthermore, their lighter weight streamlines transportation and installation processes, which results in low labor costs and make them ideal for large-scale projects. Moreover, their smooth inner surface significantly reduces friction, which optimizes the flow of liquid and reduces the probability of obstructions. Hence, due t%li%their ability t%li%withstand harsh conditions and their cost-effectiveness, thermoplastic pipes have emerged as the preferred choice for piping requirements across various industries.
MARKET HIGHLIGHTS
Thermoplastic Pipe Market is expected t%li%achieve USD 6 billion, showcasing a significant growth during the forecast period, owing t%li%their versatile applications and practical advantages across industries. Thermoplastic pipes are commonly used for their corrosion resistance and lightweight composition, which provides easy installation and adaptability t%li%multiple environmental settings. Their ability t%li%withstand harsh environments, such as chemical exposure and varying temperatures, has significantly increased their demand across industries including chemical processing, water management, and construction. Additionally, the global emphasis on sustainability has accelerated the adoption of thermoplastic pipes as they have a lower environmental impact compared t%li%traditionally used materials. Therefore, thermoplastic pipe market is expected t%li%maintain its growth trajectory with the continuous infrastructure development and need for efficient fluid transportation across industries.
Thermoplastic Pipe Market Segments:
- By Product Type
- Thermoplastic Composite Pipe
- Reinforced Thermoplastic Pipe
- By Polymer Type
- Polyethylene Pipe
- Poly Vinyl Chloride Pipe
- Polypropylene Pipe
- Polyvinylidene Fluoride
- Others
- By Application
- Oil & Gas
- Water & Wastewater
- Mining & Dredging
- Utilities & Renewables
- Others
Growth Drivers
Increased Demand for Construction and Infrastructure Will Drive Market Expansion
Material Technology Advancements Will Provide Market Growth Opportunities
Restraint
Predominance of Traditionally Used Materials May Stall Market Expansion
Key Players
- Advanced Drainage Systems
- Sekisui Chemical Co., Ltd.
- JM Eagle
- China Less%li%Group Holdings Ltd.
- Uponor Corporation
- Pipelife International GmbH
- National Pipe and Plastics
- Astral Poly Technik Limited
- Polypipe Group plc
- Georg Fischer Ltd.
- Finolex Industries Limited
- IPEX Group of Companies
- Wavin N.V.
- North American Pipe
- Mexichem SAB de CV
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2.Business Trends
1.3. Thermoplastic Pipe Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Thermoplastic Pipe Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.THERMOPLASTIC PIPE MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.THERMOPLASTIC PIPE MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Product Type
11.3.1.1. Thermoplastic Composite Pipe
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Reinforced Thermoplastic Pipe
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Polymer Type
11.3.2.1.Polyethylene Pipe
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Poly Vinyl Chloride Pipe
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Polypropylene Pipe
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Polyvinylidene Fluoride
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Others
11.3.2.5.1.By Value (USD Million) 2024-2034F
11.3.2.5.2. Market Share (%) 2024-2034F
11.3.2.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Application
11.3.3.1.Oil & Gas
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Water & Wastewater
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Mining & Dredging
11.3.3.3.1.By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.4. Utilities & Renewables
11.3.3.4.1.By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.5. Others
11.3.3.5.1.By Value (USD Million) 2024-2034F
11.3.3.5.2. Market Share (%) 2024-2034F
11.3.3.5.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Product Type
12.3.2. By Polymer Type
12.3.3. By Application
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Product Type
13.3.2. By Polymer Type
13.3.3. By Application
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Product Type
14.3.2. By Polymer Type
14.3.3. By Application
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Product Type
15.3.2. By Polymer Type
15.3.3. By Application
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Product Type
16.3.2. By Polymer Type
16.3.3. By Application
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. Advanced Drainage Systems
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Mexichem SAB de CV
18.3. Sekisui Chemical Co., Ltd.
18.4. JM Eagle
18.5. China Lesso Group Holdings Ltd.
18.6. Uponor Corporation
18.7. Pipelife International GmbH
18.8. National Pipe and Plastics
18.9. Astral Poly Technik Limited
18.10.Polypipe Group plc
18.11.Georg Fischer Ltd.
18.12. Finolex Industries Limited
18.13. IPEX Group of Companies
18.14.Wavin N.V.
18.15. North American Pipe
18.16. Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2.Business Trends
1.3. Thermoplastic Pipe Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Thermoplastic Pipe Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.THERMOPLASTIC PIPE MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.THERMOPLASTIC PIPE MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Product Type
11.3.1.1. Thermoplastic Composite Pipe
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Reinforced Thermoplastic Pipe
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Polymer Type
11.3.2.1.Polyethylene Pipe
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Poly Vinyl Chloride Pipe
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Polypropylene Pipe
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Polyvinylidene Fluoride
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Others
11.3.2.5.1.By Value (USD Million) 2024-2034F
11.3.2.5.2. Market Share (%) 2024-2034F
11.3.2.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Application
11.3.3.1.Oil & Gas
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Water & Wastewater
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.3. Mining & Dredging
11.3.3.3.1.By Value (USD Million) 2024-2034F
11.3.3.3.2. Market Share (%) 2024-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.4. Utilities & Renewables
11.3.3.4.1.By Value (USD Million) 2024-2034F
11.3.3.4.2. Market Share (%) 2024-2034F
11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.5. Others
11.3.3.5.1.By Value (USD Million) 2024-2034F
11.3.3.5.2. Market Share (%) 2024-2034F
11.3.3.5.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Product Type
12.3.2. By Polymer Type
12.3.3. By Application
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Product Type
13.3.2. By Polymer Type
13.3.3. By Application
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Product Type
14.3.2. By Polymer Type
14.3.3. By Application
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Product Type
15.3.2. By Polymer Type
15.3.3. By Application
15.4.Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA THERMOPLASTIC PIPE MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Product Type
16.3.2. By Polymer Type
16.3.3. By Application
16.4.Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. Advanced Drainage Systems
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2.Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Mexichem SAB de CV
18.3. Sekisui Chemical Co., Ltd.
18.4. JM Eagle
18.5. China Lesso Group Holdings Ltd.
18.6. Uponor Corporation
18.7. Pipelife International GmbH
18.8. National Pipe and Plastics
18.9. Astral Poly Technik Limited
18.10.Polypipe Group plc
18.11.Georg Fischer Ltd.
18.12. Finolex Industries Limited
18.13. IPEX Group of Companies
18.14.Wavin N.V.
18.15. North American Pipe
18.16. Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
