Polyolefin Pipes Market by Material Type (Polypropylene (PP), Polyethylene (PE), Plastomers, and Others), End Use (Construction, Agriculture, Oil & Gas, Automotive, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026410 | Pages: 100 | Industry: Chemicals and Materials | Date: Sep 2022 | Type: Global

The market crossed US$ 19.5 billion mark in 2022 and is expected to hit US$ 29 billion by 2030, recording a CAGR of 5.1% during the forecast period.

 

Polyolefin pipes market is significantly increasing with rising demand for industrial application. 

Growing demand for polyolefin pipe for sprinklers and drip irrigation, increasing usage of engineered PO in manufacturing pipes, and improved characteristics of plastomers over conventional plastics and elastomers are some of the major factors driving the growth of the market. The polyethylene (PE) segment is expected to pace up with owing to higher demand form polyolefin pipes manufacturers for various end use applications. Polyethylene offers characteristics such as flexibility, durability, outstanding chemicals and environmental stress crack resistance, and others has surged its demand during the forecast period. Further, polypropylene and plastomers segments are also expected to gain traction during the forecasted year.

With the report, the market is segmented into material type, end use, and geography. By material type, the market is segmented into polypropylene (PP), polyethylene (PE), plastomers, and Others. On the basis of end use, the market is further segmented into construction, agriculture, oil & gas, automotive, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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Increasing use of polyolefin pipes for communication and cooking gas supplies boat engines has empowered the growth of the market.

 Polyolefin pipes are prime materials broadly used in variety of industries for big arrangement of application, from everyday household use to specialized industrial applications. Over the past few years, there has been investment in expansion of fiber optic networks globally. The polyolefin pipes are used to shield the expensive cables from harmful environmental influence. Additionally, the utility companies are been using polyolefin pipes for distribution of natural gas from transmission lines and terminals to its customers. These materials are durable then copper or steel owing to which its demand has surged in the industry over past few years. 

Rising adoption in various industry is one of the major factors accelerating the market growth.

The industries for polyolefin pipes are construction, agriculture, oil & gas, automotive, and others. Within these industries, agriculture industry is one such industry, wherein the use of polyolefin pipes is increasing owing to inherit features such as toughness, resistance to strong chemicals & corrosion, and others. The construction, oil & gas, automotive industry has also witnessed an extensive use of polyolefin pipes in various application of end use industries.

Recent strategic developments in polyolefin pipes market

The polyolefin market has undergone several significant developments, and a few of these have been mentioned below:

  • In January 2021, GF Piping Systems acquired FGS Brazil Industries which serves the local water and gas distribution. This acquisition was aimed to expands in business in Brazil and South America.
  • In March 2021, Prinsco, Inc entered into partnership agreement with Momentum Environmental (US), an engineering company. This partnership was aimed expand its innovative product portfolio.

The polyolefin pipes market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. AGRU, GF Piping Systems, Advanced Drainage Systems, Aliaxis, and Prinsco, Inc. are among the prominent players operating in the market.

Target audience for the report:

  • Raw material providers
  • Polyolefin pipes related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Application industry of polyolefin pipes industry
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Material Type:
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Plastomers
    • Others
  • End Use:
    • Construction
    • Agriculture
    • Oil & Gas
    • Automotive
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • AGRU
    • GF Piping Systems
    • Advanced Drainage Systems
    • Aliaxis
    • Prinsco, Inc.

Companies profiled
- AGRU
- GF Piping Systems
- Advanced Drainage Systems
- Aliaxis
- Prinsco, Inc.

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