HDPE Pipes Market
HDPE Pipes Market Analysis by PE80, PE63, PE100RC, and PE100 for Agriculture & Irrigation, Sewage System, Water Supply, and Oil & Gas from 2022 to 2032
Analysis of HDPE Pipes Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
HDPE Pipes Market Outlook (2022 to 2032)
High-density polyethylene (HDPE) is a popular choice for pipes because it is lightweight, durable, and corrosion-resistant. It is also non-toxic and has excellent chemical resistance, making it ideal for transporting potable water and other liquids.
In 2020, the average global price of HDPE was valued at USD 837 per metric ton. In 2022, this price reached USD 1216 dollars per metric ton. This price rise is due to an increase in global demand. The multivariate usage potential of this material attracts more demand.
HDPE is used to make food packaging materials such as plastic bags, containers, and bottles. It is also used to make lids and seals for food containers. Furthermore, the material is good to make containers for storing and transporting chemicals. It is also used to make tanks and pipes for chemical processing.
The market value was USD 17 billion in 2022. The market is anticipated to grow with a CAGR of 6% in the forecast period. Furthermore, this market is estimated to cross the valuation of USD 30.44 billion by end of 2032. The forecast duration of this report is 2022- 2032.
Report Attributes | Details |
---|---|
Market size (2022A) | USD 17 billion |
Base Year for Estimation | 2022 |
Forecast duration for this research | 2022 to 2032 |
Forecasted Market value (2032F) | USD 30.44 billion |
Global Market Growth rate (2022 to 2032E) | CAGR of 6% |
Key Companies Profiled | JM Eagle Inc.; Polyplastic Group; IPEX Inc.; Radius system; Lane Enterprises, Inc.; Prinsco, Inc.; Blue Diamond Industries, LLC; Uponor Oyj; United Poly Systems; Mexichem; WL Plastics; Dura-Line Corp. |
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What makes high-density polyethylene good for pipes?
HDPE pipes are flexible plastic pipes used for various applications such as rural irrigation, gas mains, water mains, slurry transfer lines, drainage system pipelines, electrical and communication system conduits, etc. these are composed of thermoplastic polymer HDPE, which has high levels of water resistance. It has a strong molecular bond appropriate for high-pressure pipelines.
These pipes are used regularly in gas pipelines because the weight of these pipes is lower and it is highly corrosion resistant. HDPE pipes are also a highly durable material and cost-effective. This pipe is flexible and durable and it can be bent 25 times to the normal pipe diameter.
The following are key properties that make it an ideal pipe material -
- Anti-corrosive- In contrast to ductile iron and concrete wastewater systems, HDPE piping systems are resistant to the damaging effects of corrosion and tuberculation. Additionally, HDPE is resistant to other corrosive or dangerous substances, such as scaling and organic impurities like fungi, bacteria, and other microorganisms.
- Durability- In sewer force mains, these resist wear from water hammer and surge occurrences. Additionally, HDPE pipe is abrasion resistant, protecting it from wear and tear throughout the course of its service life from slurries and flowing water.
- Free from Leakage- Heat fusion, as opposed to traditional bell and spigot couplings, is used to link HDPE pipes together, producing a welded, leak-free union. This leak-free system's joints stop infiltration and exfiltration, making the pipe system genuinely hygienic.
What are the key drivers of this industry?
The rapid growth in urbanization has surged demand for the development of water infrastructure to meet urban needs. These systems include diversions of surface water, wells, pumps, transmission pipelines and canals, storage and treatment facilities, and components of distribution networks.
Due to the continuous demand for water infrastructure in all developing regions, the market is bound to grow. Developing countries are aggressively working on the development of their sewage system, thus the demand for HDPE pipes has also increased. As they offer various advantages such as it is light in weight, having a long lifecycle, providing flexibility, being resistant to corrosion and they offer leak-free coverage. Further, the development of the sewage removal infrastructure is foreseen to decidedly affect the development of the market.
In recent decades, HDPE has emerged as the perfect piping option for both public and private sewer and wastewater systems. The optimal, low-maintenance investment for any municipal or private sewer owner, HDPE sanitary sewage pipe eliminates these problems and has a service life of 100 years, unlike more conventional materials like concrete, ductile iron, or PVC, which are vulnerable to corrosion, fatigue, and chemical assault.
Another driver for the industry is demand from the oil and gas sector. The global demand for crude oil is anticipated to grow which is further likely to foster demand for durable oil transport pipes. HDPE can be an alternative for steel pipes to carry oil and gas. The cost-effectiveness makes HDPE offset the steel market. these pipes are high in tensile strength and easy to handle which makes advantages to manufacturers that reduce the cost of further maintenance.
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Regional Insights
The market is anticipated to grow in Asian Pacific regions as the majority of countries in these regions are agrarian economies that are heavily dependent on irrigation facilities for farm water supply. Apart from agriculture the industrial developments and growth of urban infrastructure in developing countries in this region are anticipated to open lucrative market opportunities for players in the forecast period.
Among Asian markets countries with high populations like India and China are anticipated to increase water demand for municipal and domestic, Industrial, and Agricultural purposes in the forecast period and are likely to offer a plethora of business opportunities for HDPE vendors.
The European markets anticipated taking time to gain sufficient share in these markets. The European industry’s demand for water is estimated to increase by around 100 billion cubic meters by 2030 which is estimated to have scope for HDPE manufacturers to prepare for projected demand with production, promotion, and expansion strategies in leading countries like Germany, France, and the United Kingdom.
Recent Development
- In November 2021, Polyplastic Group ltd, have tested HM0369PE a grade of HDPE pipes for long-term hydrostatic strength, and allowed the company to pass compliance PE 100 standard made for high-quality HDPE pipes.
- In March 2022, the Polyplastic group joined hands with Russia’s largest pipe manufacturers – the SMIT group with intention of increasing supply chain networks and restructuring marketing and production assets.
- In June 2022, Atkore Inc. acquired United Poly Systems, with the acquisition company intending to expand manufacturing capacity and meet customer needs.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments of HDPE Pipes Industry Research
-
By Product Type :
- PE80
- PE63
- PE100RC
- PE100
- Others
-
By Application Type :
- Agriculture & Irrigation
- Sewage System
- Water Supply
- Oil & Gas
- Others
-
By Regions :
- North America
- U.S.
- Canada
- Latin America
- Mexico
- Brazil
- Europe
- Germany
- Italy
- France
- U.K
- Spain
- Russia
- South Asia
- India
- ASEAN
- East Asia
- China
- Japan
- South Korea
- Middle East and Africa
- GCC Countries
- S. Africa
- Northern Africa
- North America
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Product Type
- 6.2. Application Type
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. PE80
- 7.2. PE63
- 7.3. PE100RC
- 7.4. PE100
- 7.5. Others
- 8. Global Market Analysis and Forecast, By Application Type
- 8.1. Agriculture & Irrigation
- 8.2. Sewage System
- 8.3. Water Supply
- 8.4. Oil & Gas
- 8.5. Others
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Western Europe
- 9.4. Eastern Europe
- 9.5. East Asia
- 9.6. South Asia & Pacific
- 9.7. MEA
- 10. North America Sales Analysis and Forecast, by Key Segments and Countries
- 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 16. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 17. Sales Forecast by Product Type and Application Type for 30 Countries
- 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 19. Company Profile
- 19.1. JM Eagle Inc.
- 19.2. Polyplastic Group
- 19.3. IPEX Inc.
- 19.4. Radius system
- 19.5. Lane Enterprises, Inc.
- 19.6. Prinsco, Inc.
- 19.7. Blue Diamond Industries, LLC
- 19.8. Uponor Oyj
- 19.9. US$ Bned Poly Systems
- 19.10. Mexichem
- 19.11. WL Plastics
- 19.12. Dura-Line Corp.
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List Of Table
Table 1: Global Market US$ Bn Forecast by Region
Table 2: Global Market US$ Bn Forecast by Product Type
Table 3: Global Market US$ Bn Forecast by Application Type
Table 4: North America Market US$ Bn Forecast by Country
Table 5: North America Market US$ Bn Forecast by Product Type
Table 6: North America Market US$ Bn Forecast by Application Type
Table 7: Latin America Market US$ Bn Forecast by Country
Table 8: Latin America Market US$ Bn Forecast by Product Type
Table 9: Latin America Market US$ Bn Forecast by Application Type
Table 10: Western Europe Market US$ Bn Forecast by Country
Table 11: Western Europe Market US$ Bn Forecast by Product Type
Table 12: Western Europe Market US$ Bn Forecast by Application Type
Table 13: Eastern Europe Market US$ Bn Forecast by Country
Table 14: Eastern Europe Market US$ Bn Forecast by Product Type
Table 15: Eastern Europe Market US$ Bn Forecast by Application Type
Table 16: East Asia Market US$ Bn Forecast by Country
Table 17: East Asia Market US$ Bn Forecast by Product Type
Table 18: East Asia Market US$ Bn Forecast by Application Type
Table 19: South Asia & Pacific Market US$ Bn Forecast by Country
Table 20: South Asia & Pacific Market US$ Bn Forecast by Product Type
Table 21: South Asia & Pacific Market US$ Bn Forecast by Application Type
Table 22: MEA Market US$ Bn Forecast by Country
Table 23: MEA Market US$ Bn Forecast by Product Type
Table 24: MEA Market US$ Bn Forecast by Application Type
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Product Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Application Type
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Bn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What was the market outlook for 2022?
The market value was USD 17 billion in 2022. Furthermore, this market is estimated to cross the valuation of USD 30.44 billion by end of 2032.
What is the anticipated growth rate for the industry in the forecast period?
The market is anticipated to grow with a CAGR of 6% in the forecast period.
Which regions are likely to gain a major share?
Asia Pacific market is anticipated to gain a major share due to industrial and irrigation demand from developing countries.
Which sectors are impelling the demand for HDPE pipes in the forecast period?
Water infrastructure, oil and gas, irrigation systems, and sewage sector are major impelling sectors for HDPE markets in the forecast period.