$19.7 Billion HDPE Pipes Market - Growth, Future Prospects & Competitive Analysis, 2016 - 2024 - Research and Markets
DUBLIN, Apr. 19, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global HDPE Pipes Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2014 to 2024" report to their offering.
The Global HDPE Pipes Market is expected to reach US$ 19.7 Bn by 2024, expanding at a CAGR of 4.7% during the forecast period 2016 to 2024.
HDPE pipes market is to witness substantial growth with increasing application for the HDPE pipes in various end use industries. HDPE pipes are polyethylene thermoplastic pipes used to transit gas, water for agriculture irrigation, drinking water supply, in sewage systems and others. HDPE pipes are corrosion resistant and recyclable. Thus, seen as the replacement to various metal pipes. HDPE pipes are cost effective, light in weight and considered as a preferred choice over traditional metal pipes.
The growth of global HDPE pipes market is fueled by 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. Further, HDPE pipes are widely used in sewage systems.
Growing sewage disposal infrastructure across the globe is expected to drive the demand for HDPE pipes. HDPE pipes are also used in transportation of oil & gas products which is expected to fuel the demand for HDPE pipes over the forecast period (2016-2024). However, volatile raw material prices owing to fluctuation in prices of crude oil along with stringent regulation regarding recycling and disposal of plastic products is expected to hamper the growth of HDPE pipes market during the forecast period (2016-2024).
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global HDPE Pipes Market Dynamics
Chapter 4 Global HDPE Pipes Market, By Application
Chapter 5 Global HDPE Pipes Market, By Geography
Chapter 6 Company Profiles
- Advanced Drainage Systems, Inc.
- Blue Diamond Industries, LLC.
- Canada Culvert, Inc. (WGI Westman Group, Inc.)
- Chevron Phillips Chemical Company LLC.
- Dura-Line Corp. (Audax Group)
- Dynaflex Pipe Technologies Ltd.
- IPEX Inc.
- JM Eagle, Inc.
- Kanaflex Corporation Co., Ltd.
- National Pipe & Plastics, Inc.
- Reliance Industries Limited
- Soleno Inc.
- United Poly Systems LLC.
- WL Plastics, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/g68zqj/global_hdpe_pipes
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