Plastic Hot and Cold Pipe Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018-2028, Segmented By Raw Material ; By Application ; By End Use ; By Region

Description

Global Plastic Hot & Cold Pipe Market Size Set to Touch USD 9.4 Billion by 2028

Global plastic hot & cold pipe market is flourishing because of an increasing government support and initiatives for deployment of underfloor heating systems, high adoption of plastic hot and cold pipes by end-use industries, and a surging demand for plastic pipes due to their diverse benefits.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global plastic hot & cold pipe market size at USD 5.89 billion in 2021. During the forecast period between 2022 and 2028, BlueWeave expects global plastic hot & cold pipe market to grow at a steady CAGR of 7% reaching a value of USD 9.37 billion by 2028. Global plastic hot & cold pipe market expansion is driven by growing demand for plastic pipes in various end-use industries, such as agriculture and construction, as well as increasing government investments in infrastructure development. An increasing demand from rapidly growing population for residential and commercial development, and growing awareness of the appealing properties of plastic pipes are expected to drive global plastic hot and cold pipe market during the forecast period. Governments' supportive initiatives to promote the use of underfloor heating systems, growing in the building sector, and increased activity by key market players could also fuel the growth of plastic hot and cold pipe market across countries. However, metal plumbing and fitting pipes have high temperature resistance compared to plastic hot and cold pipes and limited usage of polybutylene piping system in North America are anticipated to restrain the growth of global plastic hot and cold pipe market growth during period in analysis.

Global Plastic Hot & Cold Pipe Market- Overview

A plastic hot and cold pipe is a hollow plastic cylinder or tubular component. Many manufacturers of plastic hot and cold pipes currently prefer IoT (Internet of Things) and AI technologies, which provide a range of capabilities, such as remote control, real-time monitoring, troubleshooting, and defect identification. The growing awareness about the importance of plastic hot and cold pipes is driving the growth of the plastic hot and cold pipe market. An increasing need for 3D technologies which enable the creation of entire self-supporting items is driving market growth. 3D printing technology is currently being employed in the creation of plastic pipes and forms for increased design flexibility with lesser production time and expense. The 3D printing technology enables producers to create complex, lightweight products. Also, plastic pipes offer an insulating quality that helps avoid condensation while conveying cold water and lowers heat loss.

Global Plastic Hot & Cold Pipe Market - By Application

Based on application, global plastic hot & cold pipe market is segregated as Water Plumbing Pipes, Radiator Connection Pipes, and Underfloor Surface Heating & Cooling segments. The water plumbing pipes segment holds the highest share in the market. The water supply system in a home distributes municipal water from the street to the house, where it is supplied to taps, faucets, restrooms, bathtubs, and appliances such as the water heater, dishwasher, and washing machine. The major elements of this supply and distribution system are water pipes, fittings, service valves, and faucets. Plastic, copper, and galvanized iron are the most widely used materials for these pipes and fittings. Metal pipes deteriorate over time, while plastic hot and cold pipes such as C-PVC, PEX, and PE-RT are corrosion resistant and simple to install. These pipes are also less expensive than metal pipes. As a result, the demand for plastic hot and cold pipes in the water plumbing market is expanding.

Impact of COVID -19 on Global Plastic Hot & Cold Pipe

COVID-19 pandemic adversely affected global plastic hot & cold pipe market due to the imposition of stringent lockdowns across countries, resulting in closure of production unit and halt in manufacture of various products in plastic pipe industry along with sharp decline in sales. Hence, it hampered the overall market growth in 2020 and initial months of 2021. Previously, the surging demand for plastic pipe was observed in countries such as United States, Germany, Italy, United Kingdom, and India, which were also negatively affected by pandemic, thereby hindering the demand for plastic pipe. Furthermore, the pandemic had a significant impact on the housing market due to lockdown imposition, health concerns and travel restriction, they were fewer buyers and sellers. In addition, road, civil aviation, and maritime transportation all came to a halt, reducing demand for fuel. As a result, demand for plastic hot and cold pipe from the oil and gas, chemical, and petrochemical markets plummeted. However, due to rise in building and construction industry worldwide after COVID-19 crisis has resulted in increasing demand for plastic hot and cold pipe market. Furthermore, the market players have embraced new methods and ideas to boost global market growth.

Competitive Landscape

Major players operating in global plastic hot & cold pipe market include Georg Fischer Ltd., Wienerberger, Aliaxis, Uponor, Genuit Group, Truflo, Reliance Worldwide Corporation (RWC), Supreme, PPG (Popular Pipes Group), Vectus, Astral Pipes, Chevron Philips, Wavin Asia, Hewing GmbH, Rifeng, Elysee, and Sioux Chief. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics Global Plastic Hot & Cold Pipe Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Plastic Hot & Cold Pipe Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC22557

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Plastic Hot & Cold Pipe Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Plastic hot and cold pipes are corrosion resistant and easy to install
  - 3.2.1.2. More cost-efficient than metal pipes
  - 3.2.1.3. Rising incentives and government support for the adoption of Underfloor Heating System
- 3.2.2. Restraints
  - 3.2.2.1. Metal plumbing and fitting pipes have high temperature resistance compared to plastic hot and cold pipe
  - 3.2.2.2. Restriction on polybutylene (PB) piping system usage in North America
- 3.2.3. Opportunities
  - 3.2.3.1. Development of advanced piping systems and methods to detect leaks
  - 3.2.3.2. Expansion of construction industry
- 3.2.4. Challenges
  - 3.2.4.1. Susceptibility of C-PVC pipes to degradation and breakdown when exposed to hot outdoor conditions
  - 3.2.4.2. Fluctuation in raw material prices
  - 3.2.4.3. Others
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Plastic Hot & Cold Pipe Market Overview

4.1. Market Size & Forecast by Value, 2018-2028
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Raw Material
  - 4.2.1.1. Cross-Linked Polyethylene (PEX)
  - 4.2.1.2. Polyethylene - Raised Temperatures (PE-RT)
  - 4.2.1.3. Polypropylene Random Copolymer (PPR)
  - 4.2.1.4. Chlorinated Polyvinyl Chloride (C-PVC)
  - 4.2.1.5. Polybutylene (PB)
- 4.2.2. By Application
  - 4.2.2.1. Water Plumbing Pipes
  - 4.2.2.2. Radiator Connection Pipes
  - 4.2.2.3. Underfloor Surface Heating & Cooling
- 4.2.3. By End Use
  - 4.2.3.1. Residential
  - 4.2.3.2. Commercial
  - 4.2.3.3. Industrial
- 4.2.4. By Region
  - 4.2.4.1. North America
  - 4.2.4.2. Europe
  - 4.2.4.3. Asia Pacific
  - 4.2.4.4. Latin America
  - 4.2.4.5. Middle East and Africa

5. North America Plastic Hot & Cold Pipe Market

5.1.1. Market Size & Forecast by Value, 2018-2028
5.1.2. By Value (USD Million)

5.2. Market Share & Forecast
- 5.2.1. By Raw Material
- 5.2.2. By Application
- 5.2.3. By End Use
- 5.2.4. By Country
  - 5.2.4.1. United States
  - 5.2.4.1.1. By Raw Material
  - 5.2.4.1.2. By Application
  - 5.2.4.1.3. By End Use
  - 5.2.4.2. Canada
  - 5.2.4.2.1. By Raw Material
  - 5.2.4.2.2. By Application
  - 5.2.4.2.3. By End Use

6. Europe Plastic Hot & Cold Pipe Market

6.1.1. Market Size & Forecast by Value, 2018-2028
6.1.2. By Value (USD Million)

6.2. Market Share & Forecast
- 6.2.1. By Raw Material
- 6.2.2. By Application
- 6.2.3. By End Use
- 6.2.4. By Country
  - 6.2.4.1. Germany
  - 6.2.4.1.1. By Raw Material
  - 6.2.4.1.2. By Application
  - 6.2.4.1.3. By End Use
  - 6.2.4.2. U.K.
  - 6.2.4.2.1. By Raw Material
  - 6.2.4.2.2. By Application
  - 6.2.4.2.3. By End Use
  - 6.2.4.3. Italy
  - 6.2.4.3.1. By Raw Material
  - 6.2.4.3.2. By Application
  - 6.2.4.3.3. By End Use
  - 6.2.4.4. France
  - 6.2.4.4.1. By Raw Material
  - 6.2.4.4.2. By Application
  - 6.2.4.4.3. By End Use
  - 6.2.4.5. Spain
  - 6.2.4.5.1. By Raw Material
  - 6.2.4.5.2. By Application
  - 6.2.4.5.3. By End Use
  - 6.2.4.6. The Netherlands
  - 6.2.4.6.1. By Raw Material
  - 6.2.4.6.2. By Application
  - 6.2.4.6.3. By End Use
  - 6.2.4.7. Belgium
  - 6.2.4.7.1. By Raw Material
  - 6.2.4.7.2. By Application
  - 6.2.4.7.3. By End Use
  - 6.2.4.8. NORDIC Countries
  - 6.2.4.8.1. By Raw Material
  - 6.2.4.8.2. By Application
  - 6.2.4.8.3. By End Use
  - 6.2.4.9. Rest of Europe
  - 6.2.4.9.1. By Raw Material
  - 6.2.4.9.2. By Application
  - 6.2.4.9.3. By End Use

7. Asia-Pacific Plastic Hot & Cold Pipe Market

7.1.1. Market Size & Forecast by Value, 2018-2028
7.1.2. By Value (USD Million)

7.2. Market Share & Forecast
- 7.2.1. By Raw Material
- 7.2.2. By Application
- 7.2.3. By End Use
- 7.2.4. By Country
  - 7.2.4.1. China
  - 7.2.4.1.1. By Raw Material
  - 7.2.4.1.2. By Application
  - 7.2.4.1.3. By End Use
  - 7.2.4.2. India
  - 7.2.4.2.1. By Raw Material
  - 7.2.4.2.2. By Application
  - 7.2.4.2.3. By End Use
  - 7.2.4.3. Japan
  - 7.2.4.3.1. By Raw Material
  - 7.2.4.3.2. By Application
  - 7.2.4.3.3. By End Use
  - 7.2.4.4. South Korea
  - 7.2.4.4.1. By Raw Material
  - 7.2.4.4.2. By Application
  - 7.2.4.4.3. By End Use
  - 7.2.4.5. Australia & New Zealand
  - 7.2.4.5.1. By Raw Material
  - 7.2.4.5.2. By Application
  - 7.2.4.5.3. By End Use
  - 7.2.4.6. Indonesia
  - 7.2.4.6.1. By Raw Material
  - 7.2.4.6.2. By Application
  - 7.2.4.6.3. By End Use
  - 7.2.4.7. Malaysia
  - 7.2.4.7.1. By Raw Material
  - 7.2.4.7.2. By Application
  - 7.2.4.7.3. By End Use
  - 7.2.4.8. Singapore
  - 7.2.4.8.1. By Raw Material
  - 7.2.4.8.2. By Application
  - 7.2.4.8.3. By End Use
  - 7.2.4.9. Philippines
  - 7.2.4.9.1. By Raw Material
  - 7.2.4.9.2. By Application
  - 7.2.4.9.3. By End Use
  - 7.2.4.10. Vietnam
  - 7.2.4.10.1. By Raw Material
  - 7.2.4.10.2. By Application
  - 7.2.4.10.3. By End Use
  - 7.2.4.11. Rest of APAC
  - 7.2.4.11.1. By Raw Material
  - 7.2.4.11.2. By Application
  - 7.2.4.11.3. By End Use

8. Latin America Plastic Hot & Cold Pipe Market

8.1.1. Market Size & Forecast by Value, 2018-2028
8.1.2. By Value (USD Million)

8.2. Market Share & Forecast
- 8.2.1. By Raw Material
- 8.2.2. By Application
- 8.2.3. By End Use
- 8.2.4. By Country
  - 8.2.4.1. Brazil
  - 8.2.4.1.1. By Raw Material
  - 8.2.4.1.2. By Application
  - 8.2.4.1.3. By End Use
  - 8.2.4.2. Mexico
  - 8.2.4.2.1. By Raw Material
  - 8.2.4.2.2. By Application
  - 8.2.4.2.3. By End Use
  - 8.2.4.3. Argentina
  - 8.2.4.3.1. By Raw Material
  - 8.2.4.3.2. By Application
  - 8.2.4.3.3. By End Use
  - 8.2.4.4. Peru
  - 8.2.4.4.1. By Raw Material
  - 8.2.4.4.2. By Application
  - 8.2.4.4.3. By End Use
  - 8.2.4.5. Colombia
  - 8.2.4.5.1. By Raw Material
  - 8.2.4.5.2. By Application
  - 8.2.4.5.3. By End Use
  - 8.2.4.6. Rest of Latin America
  - 8.2.4.6.1. By Raw Material
  - 8.2.4.6.2. By Application
  - 8.2.4.6.3. By End Use

9. Middle East & Africa Plastic Hot & Cold Pipe Market

9.1.1. Market Size & Forecast by Value, 2018-2028
9.1.2. By Value (USD Million)

9.2. Market Share & Forecast
- 9.2.1. By Raw Material
- 9.2.2. By Application
- 9.2.3. By End Use
- 9.2.4. By Country
  - 9.2.4.1. Saudi Arabia
  - 9.2.4.1.1. By Raw Material
  - 9.2.4.1.2. By Application
  - 9.2.4.1.3. By End Use
  - 9.2.4.2. UAE
  - 9.2.4.2.1. By Raw Material
  - 9.2.4.2.2. By Application
  - 9.2.4.2.3. By End Use
  - 9.2.4.3. Qatar
  - 9.2.4.3.1. By Raw Material
  - 9.2.4.3.2. By Application
  - 9.2.4.3.3. By End Use
  - 9.2.4.4. Kuwait
  - 9.2.4.4.1. By Raw Material
  - 9.2.4.4.2. By Application
  - 9.2.4.4.3. By End Use
  - 9.2.4.5. Iran
  - 9.2.4.5.1. By Raw Material
  - 9.2.4.5.2. By Application
  - 9.2.4.5.3. By End Use
  - 9.2.4.6. South Africa
  - 9.2.4.6.1. By Raw Material
  - 9.2.4.6.2. By Application
  - 9.2.4.6.3. By End Use
  - 9.2.4.7. Nigeria
  - 9.2.4.7.1. By Raw Material
  - 9.2.4.7.2. By Application
  - 9.2.4.7.3. By End Use
  - 9.2.4.8. Kenya
  - 9.2.4.8.1. By Raw Material
  - 9.2.4.8.2. By Application
  - 9.2.4.8.3. By End Use
  - 9.2.4.9. Egypt
  - 9.2.4.9.1. By Raw Material
  - 9.2.4.9.2. By Application
  - 9.2.4.9.3. By End Use
  - 9.2.4.10. Morocco
  - 9.2.4.10.1. By Raw Material
  - 9.2.4.10.2. By Application
  - 9.2.4.10.3. By End Use
  - 9.2.4.11. Algeria
  - 9.2.4.11.1. By Raw Material
  - 9.2.4.11.2. By Application
  - 9.2.4.11.3. By End Use
  - 9.2.4.12. Rest of Middle East & Africa
  - 9.2.4.12.1. By Raw Material
  - 9.2.4.12.2. By Application
  - 9.2.4.12.3. By End Use

10. Competitive Landscape

10.1. List of Key Players and Their Applications
10.2. Global Plastic Hot & Cold Pipe Company Market Share Analysis, 2021
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

11. Impact of Covid-19 on Global Plastic Hot & Cold Pipe Market Industry

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

12.1. Georg Fischer Ltd.
12.2. Wienerberger
12.3. Aliaxis
12.4. Uponor
12.5. Genuit Group
12.6. Truflo
12.7. Reliance Worldwide Corporation (Rwc)
12.8. Supreme
12.9. PPG (Popular Pipes Group)
12.10. Vectus
12.11. Astral Pipes
12.12. Chevron Philips
12.13. Wavin Asia
12.14. Hewing GmbH
12.15. Rifeng
12.16. Elysee
12.17. Sioux Chief
12.18. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumption & Limitation