About HDPE Pipes
HDPE Pipes are the Pipes Used in Different Industries Because of Their Characteristics like Good Flexibility, High Toughness, & Light Weight. They are Manufactured from HDPE (High-Density Polyethylene) Thermoplastics. It is Highly Resistant to Abrasion from Solids in Suspension, Such as Mining Slurry. Unlike Steel Pipes, It Doesn’t Require Internal Lining, Galvanising Or Coating, Both Internally And Externally. It has Excellent Resistance to a Wide Range of Chemicals, Facilitating Use in Processing Plants & in Acidic & Corrosive Environments, Without the Need for Expensive Protective Coatings, As on Steel Pipelines
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.9% |
The Market for the HDPE Pipes is Fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global HDPE Pipes market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
JM Eagle Inc. (United States), WL Plastics (United States), Lane Enterprises, Inc. (United States), Prinsco, Inc. (United States), Uponor (Finland), Polyplastic Group Management Co LLC (Russia), United Poly Systems LLC (United States), Radius System Private Ltd (India), Blue Diamond Industries, LLC (United States) and Canada Culvert, Inc. (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Dura-Line India Pvt Ltd (India), IPEX Inc. (Canada), Reliance Industries Limited (India), Advanced Drainage Systems, Inc. (United States), Dynaflex Pipe Technologies Ltd. (Canada), Kanaflex Corporation Co., Ltd. (United States), Aliaxis Utilities & Industry Private Limited (India), Jain Irrigation Systems (India), PIPELIFE International GmbH (Austria) and Nandi Energy Systems (I) Pvt Ltd (India).
Segmentation Overview
AMA Research has segmented the market of Global HDPE Pipes market by Type (Single Wall and Double Wall), Application (Agricultural, Oil & Gas, Water Supply, Sewage System and Others) and Region.
On the basis of geography, the market of HDPE Pipes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Ultraviolet Characteristic, the sub-segment i.e. UV Resistant will boost the HDPE Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the HDPE Pipes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of HDPE Pipes in Different Industries
Market Growth Drivers:
Growth in the Oil & Gas Industry, Utilising HDPE Pipes for Transferring Products Like Oil, Owing to its High Flexibility & Strength and The rise in the Agricultural Sector, Making Usage of HDPE Pipes for Flood Irrigation (Suction & Delivery Pipes in Pump Sets), Sprinkler Irrigation (Crops & Gardens), & Drip Irrigation (Plantations, Orchards, & Nurseries)
Challenges:
Market Presence of Other Kinds of Pipes like Polyvinyl Chloride (PVC)
Restraints:
Fluctuations in the Price of Raw Materials
Opportunities:
There is an Increased Opportunity for Market Expansion, Owing to the Rising Usage of HDPE Pipes in the Chemical & Construction Industry and There Are Prospects for the Growth of HDPE Pipes, Due to the Increased Utilization in Sewage Treatment, Water Distribution, & Refrigeration
Market Leaders and their expansionary development strategies
In September 2023,Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Texplore Co., Ltd. , a wholly owned subsidiary of SCG Chemicals Public Co., Ltd., announced a commercial cooperation agreement to license and market EXCENE, Texplore's high-density polyethylene technology. Leadership from both companies recently participated in a signing ceremony
In June 2023, TotalEnergies announces the commercial launch of a new high-density polyethylene (HDPE) resin for tethered cap applications, allowing to reduce material usage, enhance recovery and improve recycling. The new HDPE 20HD07 resin has enhanced mechanical and organoleptic properties, enabling identical technical cap performances with less material than market reference, thus reducing the carbon footprint of end applications, such as beverage or cosmetic bottles. Furthermore, it has been designed for monomaterial PE packaging solutions to facilitate sorting and recycling, and hence contributes to the circular economy.
Key Target Audience
Manufacturers of HDPE Pipes, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.