HDPE Pipes Market Size 2023: Global Share, Industry Trends and Report Analysis by 2028

IMARC Group, a leading market research company, has recently releases report titled “HDPE Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global HDPE pipes industry share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. 

Industry Overview of HDPE Pipes Market

HDPE pipes are flexible plastic pipes that are produced by polymerizing ethylene with various additives, such as fillers, plasticizers, softeners, lubricants, colorants, stabilizers, flame retardants, blowing and crosslinking agents, ultraviolet degradable additives, etc. They offer easy installation and transportation. HDPE pipes possess remarkable resilience against harsh weather conditions and ultraviolet (UV) radiation, along with providing resistance to abrasion, chemicals, corrosion, etc. They are also durable and lightweight. HDPE pipes are extensively used for transporting hazardous waste, potable water, gases, slurry, firewater, etc. Consequently, they find extensive applications in several industries, including construction, oil and gas, agriculture, power plants, plastics, telecommunications, etc., across the globe.

How Big Is the HDPE Pipes Market?

The global HDPE pipes market size reached US$ 19.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 32.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

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Global Industry Trends and Drivers:

The growth of the HDPE pipes market is primarily driven by the inflating need for sewage disposal infrastructures to eliminate decomposable matter and numerous forms of waste. Additionally, the increasing demand for repairing and replacing existing pipes is further positively influencing the global market. Apart from this, the widespread adoption of HDPE pipes in the agriculture industry for flow line irrigation, drip irrigation, and pesticide spraying systems is acting as another significant growth-inducing factor. Moreover, the growing popularity of these pipes for transporting effluents, acids, alkalis, and slurry, owing to their corrosion and abrasion resistance, is stimulating the market growth. Besides this, they are utilized for protecting optical fibers and cables, which is also fueling the global market. Furthermore, the introduction of product variants with freeze-break resistance properties to ensure the safety of potable water is expected to fuel the HDPE pipes market in the coming years.

What Is Included In Market Segmentation?

The report has been segmented the market into following categories:

Breakup by Type:

• PE 63
• PE 80
• PE 100

Breakup by Application:

• Oil and Gas Pipe
• Agricultural Irrigation Pipe
• Water Supply Pipe
• Sewage System Pipe
• Others

Breakup by Region:

• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:

Advanced Drainage Systems Inc., Apl Apollo Tubes Limited, Astral Limited, Blue Diamond Industries LLC (Hexatronic Group AB), Chevron Phillips Chemical Company LLC, China Lesso Group Holdings Limited, Formosa Plastics Corporation, Jain Irrigation Systems Limited, JM Eagle Inc., Lane Enterprises Inc., Prinsco Inc., Supreme Industries Limited, Uponor Oyj and WL Plastics Corporation

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