The Thermoplastic Pipe Global Market Report 2023, provides comprehensive information on the thermoplastic pipe market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Thermoplastic Pipe Global Market Report 2023, the market is expected to grow from $2.88 billion in 2022 to $3.06 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global thermoplastic pipes market is expected to reach $3.78 billion in 2027 at a CAGR of 5.4%.
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Product innovations are the key trend gaining popularity in the thermoplastic pipe market. Major companies operating in the market are developing innovative thermoplastic pipes with advanced features such as fire and corrosion resistance, lightweight construction, integrated reinforcement layers, unique end-uses, and others to sustain their position in the market. For instance, in March 2022, GP Piping Systems, a Switzerland-based company operating in thermoplastic pipes launched Heat-fit, an innovative fire-retardant solution for thermoplastic pipes in the shipbuilding industry. This is the first-fire-retardant pipe jacket solution for providing a corrosion-free, and lightweight thermoplastic piping system used in various applications such as merchant vessels, offshore platforms, and onboard cruise ships.
The thermoplastic pipe market is segmented:
1) By Product Type: Reinforced Thermoplastic Pipes (RTP), Thermoplastic Composite Pipes (TCP)
2) By Polymer Type: Polyethylene (PE), Polypropylene (PP), Polyvinylidene Fluoride (PVDF), Polyvinyl Chloride (PVC), Other Polymer Types
3) By Application: Onshore, Offshore
4) By End-User: Oil And Gas, Water And Wastewater, Mining And Dredging, Utilities And Renewables
Asia-Pacific was the largest region in the thermoplastic pipe market in 2022.
The table of contents in TBRC’s thermoplastic pipe market report includes:
1. Executive Summary
2. Thermoplastic Pipe Market Characteristics
3. Thermoplastic Pipe Market Trends And Strategies
4. Thermoplastic Pipe Market – Macro Economic Scenario
5. Thermoplastic Pipe Market Size And Growth
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26. Africa Thermoplastic Pipe Market
27. Thermoplastic Pipe Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Thermoplastic Pipe Market
29. Thermoplastic Pipe Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Advanced Drainage Systems Inc
- Saudi Arabian Amiantit Co
- TechnipFMC plc
- Georg Fischer Ltd
- Prysmian Group
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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