Global Polyethylene Pipes Market to Become Worth 534.02 Thousand Tons by 2025


Posted October 8, 2018 by Rubin_McCarter

Polyethylene Pipes Market is expected to reach 534.02 Thousand Tons by 2025 from 381.88 Thousand Tons in 2017, at a CAGR of 4.8% in the forecast period 2018 to 2025.

 
Polyethylene Pipes Market is expected to reach 534.02 Thousand Tons by 2025 from 381.88 Thousand Tons in 2017, at a CAGR of 4.8% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Segmentation:
Global Polyethylene Pipes Market - Industry Trends and Forecast to 2025
· By Type (HDPE, Cross Link Polyethylene, LDPE, LLDPE),
· By Application (Underwater & Municipal, Gas Extraction, Construction, Industrial, Agriculture, Others),
· By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
Drivers:
· One of the major factor driving the market for polyethylene pipes market is ongoing construction and rehabilitation of old or obsolete municipal pipe systems.
Ongoing construction and rehabilitation of old or obsolete municipal pipe systems
· The application of polyethylene pipe is emerging in construction industry due to its excellent properties such as corrosion resistance, fatigue resistance, extended service life, leak-free joints, adaptability, trenchless installation, pipeline rehabilitation. 
· According to Office for National Statistics, It has been estimated that construction industry has witnessed growth in the construction output by 1.5% from the quarter September 2015 to November 2015 to December 2015 to February 2016.
Easy installation, flexible, resistant and low cost and over traditional materials
· Polyethylene pipe when compared to other traditional material holds huge advantage in the terms of its installation, flexibility, resistant, and low cost.
· For instance, copper pipes cannot handle temperatures as pipes burst when exposed to extreme temperature or the pipes could crack when heated and also these pipes are very heavy and it requires specific means of transportations.
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Major Players:
Some of the major players operating in this market are-
· ISCO Industries,
· LyondellBasell Industries Holdings B.V.,
· SABIC,
· TPL Plastech Limited,
· Advanced Drainage Systems, Inc.,
· Dura-Line Corporation,
· Falcon Pipes Pvt. Ltd.,
· Exxon Mobil Corporation,
· Akzo Nobel N.V.,
· Borealis AG,
· P.E.S. Co.,
· COMAP group,
· SILON s.r.o.,
· ARKEMA S.A among others.
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Last Updated October 8, 2018