Thermoplastic Pipe Market by Polymer Type (Polyethylene (PE), Polypropylene (PP), Polyvinylidene Fluoride (PVDF), Polyvinyl Chloride (PVC), and Others), By Application (Oil & Gas, Water & Wastewater, Mining & Dredging, and Utilities & Renewables), and By Region – Global Opportunities & Forecast, 2020-2027
Introduction of the Thermoplastic Pipe Market Report
Thermoplastic pipes are non-corrosive pipes that do not require any kind of maintenance. These pipes have unique properties, such as excellent chemical resistasssssnce, high mechanical strength, greater flow, low installation cost, flexibility, and rust-resistant features. Thermoplastic pipes have various applications in industries, such as chemical, municipal, oil & gas, and mining & dredging.
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Market Dynamic
Key Drivers and Emerging Trends
One of the major factor propelling the growth of the global thermoplastic pipe market is its unique features across wide range of applications. The service cost of maintaining a pipeline can be lowered by the use of thermoplastic pipes. Thermoplastic pipes are cheaper in price, are corrosion resistant, and take less time to install. For instance, in the oil & gas industry there is extensive use of pipes for oil transportation. This increases the demand for non-corrosive pipes in the oil & gas industry to reduce the maintenance costs and installation costs. All these factors are attracting new end-user base towards the global thermoplastic pipe market.
Oil & gas is one of the most prominent sectors and involves highly disastrous materials. It is important for the oil & gas sector to adopt thermoplastic pipes to decrease accidents due to the leakage of its products from pipelines. There is the involvement of high corrosive fluid during the oil recovery (EOR) process, which requires frequent maintenance of conventional pipes. Furthermore, pipelines are also widely used in the municipal sector for water delivery. There is high corrosion in traditional pipes, which inclines the municipal sector towards the installation of thermoplastic pipes. These factors play a vital role in supplementing the growth of the global thermoplastic pipe market.
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Polymer Type – Segment Analysis
Based on the polymer type, the polyethylene (PE) segment is projected to grow at a higher CAGR during the forecast period. Polyethylene pipes have two variants, high-density polyethylene (HDPE) pipes and cross-linked polyethylene (PEX). The crosslinked structure of polyethylene improves the toughness and temperature resistance of the material. This feature has increased the adoption of polyethylene pipes in more harsh environments, both at higher and lower temperatures. Furthermore, these pipes are flexible, lightweight, and easy to weld, which is further growing the demand of the polyethylene segment in the global thermoplastic pipe market.
Application – Segment Analysis
On the basis of the application, the oil & gas segment is expected to grow at a higher CAGR over the forecast period. The oil & gas industry involves domestic pipelines, transportation pipelines, flowlines, and various other pipelines. These pipelines often contain harmful material and hence requires maintenance from time to time to get rid of corrosion. The thermoplastic pipe is an alternative to traditional pipe, which does not require any kind of maintenance and can be easily rolled out to the operational site for installation. These features are likely to boost the growth of the oil & gas segment in the global thermoplastic pipe market.
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Region – Segment Analysis
Based on the region, Asia-Pacific is anticipated to witness a faster CAGR over the forecast period. This is mainly due to the growing population in this region, which is increasing the demand for water transport and energy. Moreover, the developing economies are inclining towards the use of gas as a fuel instead of oil. This increases the installation of pipes to deliver gas to households and fuelling stations. Additionally, usage of these types of pipes for different applications in Asia-Pacific region is further boosting the market.
Top Market Players
Various notable players operating in the market include Advanced Drainage Systems, Inc., National Oilwell Varco, TechnipFMC plc, Strohm, Prysmian Group, Chevron Phillips Chemical Company LLC, MAGMA GLOBAL LTD., Wienerberger AG, Georg Fischer Ltd., and SHAWCOR, among others.
Key developments
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- In 2019, Magma Global Ltd. was awarded with a contract by C-Innovation, which is an integrated marine service company, for TCP jumper for flowline intervention in the Gulf of Mexico. This project is performed at 6500 feet water depth with m-pipes of 4-inch inner diameter and a pressure rating of 10 ksi.
- In 2018, National Oilwell Varco received a contract from Ocean Installer, a Norwegian subsea contractor, to supply ancillaries and flexible pipes for the redevelopment of Vår Energi AS-operated Balder field on the Norwegian continental shelf.
Segments covered in the Report:
The global thermoplastic pipe market has been segmented on the basis of polymer type, application, and regions. Based on polymer type, the market is segmented into polyethylene (PE), polypropylene (PP), polyvinylidene fluoride (PVDF), polyvinyl chloride (PVC), and others. Based on application, the market is segmented into oil & gas, water & wastewater, mining & dredging, and utilities & renewables.
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Key questions answered in this research report:
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- At what pace is global thermoplastic pipe market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in thermoplastic pipe market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global thermoplastic pipe market?
- Which polymer type generated maximum revenues in 2019 and identify the most promising polymer type during the forecast period?
- What are the various application areas of global thermoplastic pipe market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2019 |
Market Forecast Period |
2020-2027 |
Market Revenues Currency |
USD Million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Polymer Type, By Application, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Advanced Drainage Systems, Inc., National Oilwell Varco, TechnipFMC plc, Strohm, Prysmian Group, Chevron Phillips Chemical Company LLC, MAGMA GLOBAL LTD., Wienerberger AG, Georg Fischer Ltd., SHAWCOR, among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Thermoplastic Pipe Market by Polymer Type
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- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinylidene Fluoride (PVDF)
- Polyvinyl Chloride (PVC)
- Others
Global Thermoplastic Pipe Market by Application
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- Oil & Gas
- Water & Wastewater
- Mining & Dredging
- Utilities & Renewables
Global Thermoplastic Pipe Market by Region
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- North America Thermoplastic Pipe Market (Option 1: As a part of the free 25% customization)
- North America Thermoplastic Pipe Market by Polymer Type
- North America Thermoplastic Pipe Market by Application
- US Thermoplastic Pipe Market All-Up
- Canada Thermoplastic Pipe Market All-Up
- Europe Thermoplastic Pipe Market (Option 2: As a part of the free 25% customization)
- Europe Thermoplastic Pipe Market by Polymer Type
- Europe Thermoplastic Pipe Market by Application
- UK Thermoplastic Pipe Market All-Up
- Germany Thermoplastic Pipe Market All-Up
- France Thermoplastic Pipe Market All-Up
- Spain Thermoplastic Pipe Market All-Up
- Rest of Europe Thermoplastic Pipe Market All-Up
- Asia-Pacific Thermoplastic Pipe Market (Option 3: As a part of the free 25% customization)
- Asia-Pacific Thermoplastic Pipe Market by Polymer Type
- Asia-Pacific Thermoplastic Pipe Market by Application
- China Thermoplastic Pipe Market All-Up
- India Thermoplastic Pipe Market All-Up
- Japan Thermoplastic Pipe Market All-Up
- Rest of APAC Thermoplastic Pipe Market All-Up
- RoW Thermoplastic Pipe Market (Option 4: As a part of the free 25% customization)
- RoW Thermoplastic Pipe Market by Polymer Type
- RoW Thermoplastic Pipe Market by Application
- Brazil Thermoplastic Pipe Market All-Up
- South Africa Thermoplastic Pipe Market All-Up
- Saudi Arabia Thermoplastic Pipe Market All-Up
- UAE Thermoplastic Pipe Market All-Up
- Rest of world (remaining countries of the LAMEA region) Thermoplastic Pipe Market All-Up
- North America Thermoplastic Pipe Market (Option 1: As a part of the free 25% customization)
Major Players Operating in the Thermoplastic Pipe (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Advanced Drainage Systems, Inc.
- National Oilwell Varco
- TechnipFMC plc
- Strohm
- Prysmian Group
- Chevron Phillips Chemical Company LLC
- MAGMA GLOBAL LTD.
- Wienerberger AG
- Georg Fischer Ltd.
- SHAWCOR
- Published Date: Feb - 2021
- Report Format: Excel/PPT
- Report Code: UP931A-00-0620
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
Thermoplastic Pipe Market by Polymer Type (Polyethylene (PE), Polypropylene (PP), Polyvinylidene Fluoride (PVDF), Polyvinyl Chloride (PVC), and Others), By Application (Oil & Gas, Water & Wastewater, Mining & Dredging, and Utilities & Renewables), and By Region – Global Opportunities & Forecast, 2020-2027
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