Increasing Preference of Polyethylene Pipes Compared to Traditional Pipes is Expected to Drive the Growth of Global Polyethylene (PE) Pipes Market

Polyethylene is a thermal plastic polymer derived from ethylene monomers. It is broadly used in different industries because of its versatility, durability and low cost. As one of the most widely used plastics, it is characterized by its excellent strength-to-weight ratio, chemical resistance, and flexibility. Polyethylene exists in different forms such as High Density Polyethylene (HDPE), Low Density Polyethylene (LDPE) and Linear Low Density Polyethylene (LLDPE) which are characterized by their attributes and the sectors to which they serve. HDPE is widely used in pipes and containers for their rigidity and strength.

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Data Bridge Market Research analyzes that the Global Polyethylene (PE) Pipes Market is expected to reach USD 53.52 billion by 2033 from USD 27.08 billion 2023, growing with a CAGR of 7.13%.       

Key Findings of the Study

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Expanding Oil and Gas Exploration Activities is Expected to Drive the Market Growth

Strong and dependable piping solutions are essential to enable the movement of natural gas, oil, and related fluids from extraction sites to processing plants and distribution networks as oil and gas exploration projects expand into unexplored areas. Within this context, polyethylene pipes are considered to be vital elements due to their remarkable robustness, resistance to corrosion, and pliability—all of which are necessary qualities for enduring the harsh environments found in oil and gas exploration sites. Another important feature that makes PE pipes ideal for gas and oil exploration is their flexibility. More effective and affordable pipeline installations are made possible by their flexibility in adapting to uneven terrain and changing ground conditions. This is especially true in difficult-to-reach areas where using conventional piping materials may be prohibitively expensive or unfeasible.

Report Scope and Market Segmentation

Segment Analysis

The global Polyethylene (PE) pipes market is segmented into four notable segments based on raw material, category, size, and application.

• On the basis of raw material, the market is segmented into HDPE, MDPE (Medium Density Polyethylene), PEX (Cross Link Polyethylene), LLDPE, LDPE, and PERT (Polyethylene of Raised Temperature Resistance)    

In 2024, the HDPE segment is expected to dominate the Global Polyethylene (PE) Pipes Market

In 2024, HDPE segment is expected to dominate the market with a market share of 36.84% because HDPE pipes are more durable than other PE pipes because they come with high melting and impact points. 

• On the basis of category, the market is segmented into pressure pipes and non-pressure pipes   

In 2024, pressure pipes segment is expected to dominate the Global Polyethylene (PE) Pipes Market

In 2024, pressure pipes segment is expected to dominate the market with a market share of 60.57% because pressure pipes are highly versatile and can be used in a wide range of applications.

• On the basis of size, the market is segmented into 1/2-1'', 1-2'', 2-5'', 5-10'', 10-20'', ABOVE 20'', UPTO 1/2''. In 2024 1/2-1'' segment is expected to dominate the market with the market share of 24.88%       
• On the basis of application, the market segmented into water infrastructure, industrial infrastructure, and oil and gas infrastructure. In 2024, water infrastructure segment is expected to dominate the market with a market share of 49.10%

Major Players

Chevron Phillips Chemical Company LLC. (U.S.), Wavin (A Part of Orbia) (Netherland), JM EAGLE, INC.(U.S.), Advanced Drainage Systems (U.S.), Uponor Corporation (Finalnd) as major market players in this market.

Market Developments

• In February 2024, QatarEnergy and Chevron Phillips Chemical today celebrated the commencement of construction of a USD 6 billion integrated polymers complex in Ras Laffan Industrial City, Qatar
• In October, 2023 Furukawa Electric Co., Ltd.) began manufacturing its Green Trough cable trough from recycled polymer in Europe in July 2023 in collaboration with European Trocellen Group as the first manufacturing location of this product outside of Japan
• In July 2023, Chevron Phillips Chemical collaborated with Nexus Circular, to securing contracted long-term supply of advanced recycled plastic feedstock from new facility. Nexus Circular declared that the company has signed a long-term commercial contract with Chevron Phillips Chemical (CPChem) for the supply of a significant volume annually of circular liquid feedstock from a new advanced recycling facility
• In June 2023, WL Plastics, expanded its Natural Gas Distribution manufacturing operations in the US with a new MDPE pipe facility in Lubbock, TX. The facility, incorporating cutting-edge technologies, aimed to enhance production efficiency and supply chain ease, catering to Natural Gas Utilities across North America. With a focus on quality and safety, WL Plastics aimed to become the preferred supplier in the market, creating up to 95 new jobs in the city
• In December 2021, WL Plastics acquired substantially all assets of Charter Plastics The purchase expanded its manufacturing base and product offerings, integrating Charter Plastics' operations into WL Plastics and INEOS brands. The move aimed to enhance geographical reach and diversify product portfolio, while ensuring continuity for customers and employees of Charter Plastics in Titusville, Pennsylvania

Regional Analysis

The countries covered in the global Polyethylene (PE) pipes market are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Luxemburg, Netherlands, rest of Europe, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Australia, New Zealand, Singapore, Philippines, rest of Asia-Pacific, Brazil, Argentina, Colombia, Chile, Peru, rest of South America, Saudi Arabia, South Africa, Iran, U.A.E., Egypt, Nigeria, and rest of Middle East and Africa.   

As per Data Bridge Market Research analysis:

Asia-Pacific is expected to fastest growing region in Global Polyethylene (PE) Pipes Market during the forecast period   

Asia-Pacific is expected to fastest growing region in market due to the enormous population that creates a large demand for Polyethylene (PE) pipes in the construction and irrigation system.

North America is expected to dominant region in Global Polyethylene (PE) Pipes Market

North America is expected to dominate the market due to increasing preference of polyethylene pipes compared to other traditional pipes.

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