Global Market for Polyolefin Pipes is Anticipated to grow at a Significant Pace i.e., USD 24.7 Billion during the Forecast Period 2021-2027

Published Date: Jan, 2022

The global polyolefins market is expected to witness CAGR of 5.3% during the forecast period. Factors attributing to the growth of the polyolefin pipes market include the rising adoption in the building & construction, agriculture, and other industries in the developing economies of APAC and South America, advancement in the solar power industry will fuel the growth.  Moreover, the surge in adoption in PE applications worldwide will accelerate the growth in the polyolefin pipes market. Furthermore, the increasing demand from the packaging industry, mounting adoption of polypropylene in the healthcare sector, the surge in the renewable energy sector will accelerate the growth of the polyolefins pipes market. Utility businesses all around the world are familiar with polyolefin (PO) pipelines, which are used for water and gas distribution, as well as sewage and wastewater disposal.

Advanced Drainage Systems, Inc., a leading provider of advanced water management solutions in the stormwater and on-site septic wastewater industries, announced the acquisition of Jet Polymer Recycling ("Jet"), in December 2021. This acquisition will help ADS Recycling extend its capabilities in order to support future growth while also reinforcing the company's commitment to environmental sustainability.

The COVID-19 pandemic has disrupted the market for polyolefins pipes owing to lockdown in various countries that have affected the closure or suspension of production activities, thereby having an adverse impact on the polyolefins market. Furthermore, automotive, chemical, and construction industries were also having an adverse impact, resulting in a decrease in demand for polyolefins.

Browse 53 market data Tables and 35 Figures spread through 200 Pages and in-depth TOC on " Polyolefins Pipes Market by Type (PE (Polyethylene) (High-Density Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE)), PP (Polypropylene), Plastomer, and Others) by Application (Irrigation, Potable and Plumbing, Wastewater Drainage, Power & Communication, Industrial Application, Chemical Transportation, and Others), by Industry Vertical (Building & Construction, Agriculture, Industrial, and Others), and Region - Global Forecast to 2027"

By industry vertical, the building & construction industry is projected to be the largest industry during the forecast period.

Building & construction is anticipated to be the largest industry vertical as pipes and fitting materials play an essential part in the building and construction industry when it comes to transferring fluids. The materials used to make pipes are determined by the type of fluid and the conditions in which it is transported. Hazardous, reactive, volatile, corrosive, or flammable fluids are transported. When fluids are transported under process circumstances such as varying temperatures and pressures, their integrity must be preserved, necessitating the use of pipe materials that are suited for conveyance under such conditions.

Global Polyolefins Pipes Market Segmentation Analysis

Segment

Categorization

Leading Category

Type

PE (Polyethylene) (High-Density Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE), Low-Density Polyethylene (LDPE)), PP (Polypropylene), Plastomer, and Others

PE (Largest)

Application

Irrigation, Potable and Plumbing, Wastewater Drainage, Power & Communication, Industrial Application, Chemical Transportation, and Others

Industrial Application (Largest)

Industry Vertical

Building & Construction, Agriculture, Industrial, and Others

Building & Construction (Largest)

Agriculture (Fastest)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (Fastest)

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“North America to hold the largest regional market share in polyolefins pipes market.”

North America is anticipated to be the largest market for polyolefins pipes during the projected period owing to the rising product innovation, enhanced performance, increased quality of polyolefins pipes, and evolving applications in diverse industry verticals.

Some of the major players in the global Polyolefins Pipes market include AGRU, GF Piping Systems, Advanced Drainage Systems, Chevron Phillips Chemical Company LLC, JM EAGLE, INC., Aliaxis Group SA, Radius Systems, Prinsco, Inc., POLYPLASTIC Group, and WL Plastics.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015-2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Type, Application, Industry Vertical and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

AGRU, GF Piping Systems, Advanced Drainage Systems, Chevron Phillips Chemical Company LLC, JM EAGLE, INC., Aliaxis Group SA, Radius Systems, Prinsco, Inc., POLYPLASTIC Group, and WL Plastics

Global Polyolefins Pipes Market Coverage

Type Insight and Forecast 2015-2027

  • PE (Polyethylene)
    • High-Density Polyethylene (HDPE)
    • Linear Low-Density Polyethylene (LLDPE)
    • Low-Density Polyethylene (LDPE))
  • PP (Polypropylene)
  • Plastomer
  • Others

Application Insight and Forecast 2015-2027

  • Irrigation
  • Potable and Plumbing
  • Wastewater Drainage
  • Power & Communication
  • Industrial Application
  • Chemical Transportation
  • Others

Industry Vertical Insight and Forecast 2015-2027

  • Building & Construction
  • Agriculture
  • Industrial
  • Others

Geographical Segmentation

Polyolefins Pipes Market by Region

North America

  • By Type
  • By Application
  • By Industry Vertical
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type
  • By Application
  • By Industry Vertical
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Application
  • By Industry Vertical
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Application
  • By Industry Vertical
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
Our Industry
Global Market for Polyolefin Pipes is Anticipated to grow at a Significant Pace i.e., USD 24.7 Billion during the Forecast Period 2021-2027