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Opportunities for the global HDPE pipe market to reach $22.4 billion by 2024 USD - 75,019

Publish Date: 17-04-2019 14:28:05 | Contact name: Lucintel | Location: USA | Place: Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019 | 1 times displayed |

According to
a new market report published by Lucintel, the future of the global HDPE (High Density Poly Ethylene) pipe market looks promising with opportunities in potable water,
wastewater, oil and gas, and irrigation sectors. The global HDPE pipe
market is expected
to reach an estimated $22.4 billion by 2024 and is forecast to grow at a CAGR
of 3.8% from 2019 to 2024. The major growth drivers for this market are growing
residential and non-residential construction activities, replacement of aging pipelines,
and increasing awareness of the attractive properties of HDPE pipes.



In this market, PE100, PE80, and PE63 grades are
used to manufacture HDPE pipes. On the basis of comprehensive research,
Lucintel forecasts that PE100 pipes are expected to remain the largest segment
and witness the highest growth over the forecast period because of their high
strength, chemical resistance, low cost, durability, minimal maintenance
requirements, and superior energy efficiency.



Within the global HDPE pipe market, the wastewater
segment is expected to witness the highest growth over the forecast period due
to increasing spending in municipal infrastructure development.



APAC is
expected to remain the largest market and to witness the highest growth rate
over the forecast period due to the increasing urbanization, infrastructure
development, and the continuous growth of the residential construction and
industrial sectors in this region.



Emerging trends, which have a direct impact on the
dynamics of the industry, include the introduction of mechanical coupling in
HDPE pipe focusing on pipe strength and replacement of traditional material
pipes with eco-friendly HDPE pipes. Mexichem SAB, China Lesso Group, Advanced
Drainage Systems, Sekisui Chemical, Formosa Plastics Group, Supreme Industries,
Jain Irrigation, and Astral Pipes are among the major suppliers of the HDPE
pipe market.



Lucintel, a
leading global strategic consulting and market research firm, has analyzed
growth opportunities in the global HDPE pipe market by application, grade type,
diameter, pressure ratings, and region, and has compiled a comprehensive
research report entitled “Growth Opportunities in
the Global HDPE Pipe Market 2019-2024: Trends, Forecast, and Opportunity
Analysis
.” The Lucintel report serves as a catalyst for growth strategy
by providing comprehensive data and analysis on trends, key drivers, and
directions. The study includes a forecast for the global HDPE pipe market by application, grade type, diameter, pressure
rating, and region, as follows:



By Application
[Value ($ Million) from 2013 to 2024]:




Potable
Water




Wastewater




Oil and Gas




Irrigation




Others



By Grade Type [Value ($ Million) from 2013 to
2024]:




PE100 Pipes




PE80 Pipes




PE63 and Other Pipes



By Diameter Type [Value ($
Million) from 2013 to 2024]:




Large
Diameter Pipes




Small Diameter
Pipes



By Pressure
Rating [Value ($ Million) from 2013 to 2024]:




High
Pressure Pipes




Medium
Pressure Pipes




Low Pressure
Pipes



By Region [Value ($ Million) and Volume (Thousand Tons)
from 2013 to 2024]:



· North America



− United States



− Canada



− Mexico



· Europe



− Germany



− United Kingdom



· APAC



− China



− India



− Japan



· ROW



− Middle East



− Brazil





This
213-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or
helpdesk@lucintel.com. Lucintel offerings include Construction Market Report, Construction Reports, Market Research Report, Capital Investment Feasibility and SWOT
Analysis
.





About
Lucintel



Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision makers in a variety of industries. For
further information, visit www.lucintel.com.



This report addresses the following key
questions:



Q.1 What are some of the most
promising growth opportunities for the global HDPE pipe market by application
(potable water, wastewater, oil and gas, irrigation, and others), grade type
(PE100, PE80, PE63 and others), diameter (small diameter pipes (up to 15
inches) and large diameter pipes (15 inches and above), pressure rating (high,
medium, and low pressure) and region (North America, Europe, Asia Pacific, and
the Rest of the World)?



Q.2 Which segments will grow at a faster pace
and why?



Q.3 Which region will grow at a faster pace
and why?



Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges, and business risks in this market?



Q.5 What are the business risks and competitive
threats in this market?



Q.6 What are the emerging trends in this
market and the reasons behind them?



Q.7 What are some of the changing demands of
customers in the market?



Q.8 What are the new developments in the
market and which companies are leading these developments?



Q.9 Who are the major players in this market?
What strategic initiatives are being taken by key players for business growth?



Q.10 What are some of the competing products
in this market and how big of a threat do they pose for loss of market share by
product substitution?



Q.11 What M & A activity has occurred in the last 5
years?



Contact Lucintel: Opportunities for the global HDPE pipe market to reach $22.4 billion by 2024

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