Global HDPE pipe Market is valued at USD 22.5 billion in 2016 is anticipated to grow USD 28.9 billion with the compounded annual growth of 4.7% over the forecast period 2017-2025.
New York 2 July 2018, As per the new research study conducted by Bizwit Research & Consulting, Global HDPE pipe industry is poised to raise USD XXX billion by 2025. Some key components for the market development will be; increasing application for the HDPE pipes in various end use industries and growing demand from water irrigation systems in agriculture industry coupled with urbanization due to influx of middle class, resulting in upgrading, expansion and huge demand for infrastructural improvements and water supply across the globe and volatile raw material prices owing to fluctuation in prices of crude oil along with stringent regulation regarding recycling and disposal of plastic products.
To view the summary or to request a sample copy of this report, please click the link mentioned below:
The industry seems to be fairly competitive. Some of the leading market players include advanced drainage systems Inc., blue diamonds industries LLC., Canada culvert Inc., Chevron Phillips chemical company LLC., and so on. Other market players discussed in the report include dura line corp., IPEX inc., JM eagle Inc., national pipe & pPlasticsInc., soleno Inc., united poly systems LLC. New product launches, acquisitions, and mergers are some of the strategies adopted by the key manufacturers. Additionally, the fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- Growing sewage disposal infrastructure across the globe is expected to drive the demand for HDPE pipes.
- Transportation of oil & gas products which is expected to fuel the demand for HDPE pipes.
Bizwit Research & Consulting LLP has considered the following segments for the study:
- Oil & gas pipes
- Agricultural & irrigation pipes
- Water supply pipes
- Sewage systems
- North America
- Asia Pacific
- Latin America
- Rest of the World