Thermoplastic Pipe Market
Thermoplastic Pipe Market Size, Share, and Trends Analysis Report by Product Type (Reinforced Thermoplastic Pipes and Thermoplastic Composite Pipes), by Polymer Type (Polyethylene, Polypropylene, Polyvinylidene Fluoride, and Polyvinylchloride), and by End-Use Industry (Oil and Gas, Water and Wastewater, Mining and Dredging, Utilities and Renewable, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Thermoplastic pipe market is anticipated to grow at a CAGR of 4.5% during the forecast period. The factors such as rising demand for thermoplastic pipes in offshore and onshore production activities, and high adoption of thermoplastic in end-user industries such as municipal corporations, mining & dredging, and others are accelerating the growth of the thermoplastic pipe market. The application of thermoplastic pipes in offshore products like risers and flowlines will be driving this market. The growth of infrastructure, the building of new cities, and increasing mining activities across the globe have also boosted the sales of thermoplastic pipes. With increasing urbanization and population, the demand and consumption of water have increased due to which new water treatment plants are being developed by the government which has increased the installation of thermoplastic pipes. The European Investment Bank (EIB), the bank of the European Union, invested $19.8 million in the construction of a new wastewater treatment plant and the rehabilitation and extension of the existing wastewater collection system in the municipality of Mitrovica. The project will provide access to modern sanitation services to more than 213 000 people while protecting the environment and public health. Such initiatives are likely to bring new growth prospects to the market in the upcoming years.
Segmental Outlook
The global thermoplastic pipe market is segmented based on product type, polymer type, and end-use industry. Based on product type, the market is sub-segmented into reinforced thermoplastic pipes and thermoplastic composite pipes. On the basis of polymer type, the market is categorized into polyethylene (PE), polypropylene, polyvinylidene fluoride, and polyvinyl chloride. Based on the end-use industry, the market is subdivided into oil and gas, water and wastewater, mining and dredging, utilities and renewable, and others. Among the polymer type, the polyethylene (PE) segment is anticipated to hold a prominent share in the market and is further expected to grow at a substantial CAGR during the forecast period.
Among the product type, the reinforced thermoplastic pipes segment will dominate in the market by accounting high market share. The utilization of reinforced thermoplastic pipes (RTP) in the oil and gas sector to replace medium-pressure steel pipes. In addition, RTP has been primarily used in the upstream oil and gas industry for a variety of applications including oil collection, gas gathering, water injection, and water disposal, thereby driving the segment growth.
Regional Outlook
Geographically, the global market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). The Asia-Pacific is expected to grow at the fastest CAGR during the forecast period. The growth of the Asia-Pacific market is driven by rapid urbanization and the development of smart cities. the rising adoption of cost-effective transportation solutions.
Global Thermoplastic Pipe Market Growth, By Region 2022-2028
North America is Expected to Hold Prominent Share in the Thermoplastic Pipe Market
Among all the region, the North America is expected to hold a prominent share of the global thermoplastic pipe market, and it is further predicted to maintain its dominance during the forecast period. Growing urbanization and infrastructure development have resulted in the utility industry adopting cost-effective transportation solutions, which in turn increases the market demand. Additionally, this has increased the motivation for thermoplastic pipe manufacturers to transition to this pipe. Major economies in the region such as US and Canada are stepping up efforts to gain access to drinkable water and sewage infrastructure, creating major prospects for the plastic pipe industry.
Market Players Outlook
The major market players in the global thermoplastic pipe market include NOV Ltd., Wienerberger AG, Technip FMC, Georg Fischer, Advanced Drainage Systems, Chevron Philips Chemical Company, among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in January 2021, Baker Hughes launched its next-generation onshore composite flexible pipe to address the corrosion and cost of ownership challenges with a conventional steel pipe for the energy, oil and gas, and industrial sectors.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global thermoplastic pipe market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Thermoplastic Pipe Market by Product Type
4.1.1. Reinforced Thermoplastic Pipes
4.1.2. Thermoplastic Composite Pipes
4.2. Global Thermoplastic Pipe Market by Polymer Type
4.2.1. Polyethylene
4.2.2. Polypropylene
4.2.3. Polyvinylidene Fluoride
4.2.4. Polyvinylchloride
4.3. Global Thermoplastic Pipe Market by End-Use Industry
4.3.1. Oil and Gas
4.3.2. Water and Wastewater
4.3.3. Mining and Dredging
4.3.4. Utilities & Renewable
4.3.5. Others
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Advanced Drainage Systems Inc.
6.2. Aetna Plastics Corp.
6.3. AGRU Kunststofftechnik Gesellschaft M.B.H
6.4. Airborne Oil & Gas B.V.
6.5. Baker Hughes Co.
6.6. Chevron Phillips Chemical
6.7. Finolex Industries Ltd.
6.8. FRANK GmbH
6.9. Georg Fischer Piping Systems Ltd.
6.10. IPEX Inc.
6.11. KWH Pipe
6.12. National Oilwell Varco, L.P.
6.13. PES.TEC
6.14. Prysmian S.p.A.
6.15. Simtech, Inc.
6.16. Technip S.A
6.17. Uponor Corp.
6.18. Wienerberger
1. GLOBAL THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
2. GLOBAL REINFORCED THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL THERMOPLASTIC COMPOSITE PIPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY POLYMER TYPE, 2021-2028 ($ MILLION)
5. GLOBAL POLYETHYLENE THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL POLYPROPYLENE THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL POLYVINYLIDENE FLUORIDE THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL POLYVINYLCHLORIDE THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2021-2028 ($ MILLION)
10. GLOBAL THERMOPLASTIC PIPE IN OIL AND GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL THERMOPLASTIC PIPE IN WATER AND WASTEWATER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL THERMOPLASTIC PIPE IN MINING AND DREDGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL THERMOPLASTIC PIPE IN UTILITIES AND RENEWABLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL THERMOPLASTIC PIPE IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. NORTH AMERICAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
18. NORTH AMERICAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY POLYMER TYPE, 2021-2028 ($ MILLION)
19. NORTH AMERICAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2021-2028 ($ MILLION)
20. EUROPEAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. EUROPEAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
22. EUROPEAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY POLYMER TYPE, 2021-2028 ($ MILLION)
23. EUROPEAN THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY POLYMER TYPE, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY POLYMER TYPE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD THERMOPLASTIC PIPE MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2021-2028 ($ MILLION)
1. GLOBAL THERMOPLASTIC PIPE MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
2. GLOBAL REINFORCED THERMOPLASTIC PIPE MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL THERMOPLASTIC COMPOSITE PIPE MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL THERMOPLASTIC PIPE MARKET SHARE BY POLYMER TYPE, 2021 VS 2028 (%)
5. GLOBAL POLYETHYLENE THERMOPLASTIC PIPE MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL POLYPROPYLENE THERMOPLASTIC PIPE MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL POLYVINYLIDENE FLUORIDE THERMOPLASTIC PIPE MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL POLYVINYLCHLORIDE THERMOPLASTIC PIPE MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL THERMOPLASTIC PIPE MARKET SHARE BY END-USE INDUSTRY, 2021 VS 2028 (%)
10. GLOBAL THERMOPLASTIC PIPE IN OIL AND GAS MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL THERMOPLASTIC PIPE IN WATER AND WASTEWATER MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL THERMOPLASTIC PIPE IN MINING AND DREDGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL THERMOPLASTIC PIPE IN UTILITIES AND RENEWABLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL THERMOPLASTIC PIPE IN OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL THERMOPLASTIC PIPE MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. US THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
18. UK THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD THERMOPLASTIC PIPE MARKET SIZE, 2021-2028 ($ MILLION)
