Global Thermoplastic Pipe Market Size Study & Forecast, by Product Type (Reinforced Thermoplastic Pipe (RTP) and Thermoplastic Composite Pipe (TCP)) and Regional Forecasts 2025-2035

Description

The Global Thermoplastic Pipe Market is valued at approximately USD 4.05 billion in 2024 and is anticipated to expand at a steady CAGR of 5.19% throughout the forecast period from 2025 to 2035, with historical data covering 2023 and 2024 and 2024 serving as the base year for estimation. Thermoplastic pipes, engineered using advanced polymer formulations, are increasingly being phased in as durable, corrosion-resistant, and lightweight alternatives to conventional metal piping systems. Their inherent flexibility, chemical resistance, and long service life make them particularly well-suited for demanding environments across oil & gas, water management, and industrial utility networks. As infrastructure operators seek to future-proof assets while lowering lifecycle costs, thermoplastic piping solutions are being leaned on to bridge performance efficiency with sustainability goals.

Market momentum is being carried forward by intensifying investments in energy infrastructure, expanding water and wastewater treatment projects, and the gradual replacement of aging metallic pipelines. As operators scale up production and distribution networks, thermoplastic pipes are increasingly being called upon to withstand aggressive media, high pressures, and fluctuating temperatures without compromising structural integrity. Furthermore, advancements in polymer science and composite reinforcement technologies are pushing performance boundaries, allowing manufacturers to roll out pipes that combine mechanical strength with installation ease. While upfront material costs and technical standardization challenges persist, the long-term operational savings and reduced maintenance requirements continue to tip the balance in favor of thermoplastic systems.

The detailed segments and sub-segments included in the report are:

By Product Type:

Reinforced Thermoplastic Pipe (RTP)
Thermoplastic Composite Pipe (TCP)

By Polymer Type:

Polyethylene (PE) Pipe
Poly Vinyl Chloride (PVC) Pipe
Polypropylene Pipe (PP)
Polyvinylidene Fluoride (PVDF)
Others

By Application:

Oil & Gas
Water & Wastewater
Mining & Dredging
Utilities & Renewables

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Reinforced Thermoplastic Pipes (RTP) are expected to dominate the market over the forecast horizon, accounting for the largest share of installations globally. This dominance can be traced back to their superior pressure-handling capability, ease of spooling, and cost-effective deployment in long-distance pipeline applications, particularly within oil & gas fields and water transport systems. As operators continue to push for faster project execution and reduced downtime, RTP solutions are increasingly being scaled up to replace steel pipelines in both onshore and offshore environments.

From a revenue standpoint, polyethylene (PE) pipes currently lead the market, owing to their extensive adoption across water & wastewater and utility applications. PE pipes have carved out a strong position by offering a balanced mix of flexibility, chemical resistance, and affordability, making them the preferred polymer choice for municipal and industrial infrastructure projects. At the same time, PVDF and polypropylene pipes are gradually gaining traction in high-temperature and chemically aggressive environments, signaling a shift toward higher-value polymer segments as application complexity increases.

The key regions considered for the Global Thermoplastic Pipe Market include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America continues to command a significant share, supported by ongoing shale gas developments, pipeline rehabilitation projects, and strict regulatory emphasis on corrosion-resistant materials. Europe follows closely, driven by sustainability mandates and investments in modern water infrastructure. Asia Pacific is expected to emerge as the fastest-growing region during the forecast period, fueled by rapid urbanization, expanding industrial activity, and large-scale infrastructure development initiatives across China and India.

Major market players included in this report are:

TechnipFMC plc
Baker Hughes Company
NOV Inc.
Shawcor Ltd.
Wienerberger AG
Prysmian Group
Georg Fischer AG
Chevron Phillips Chemical Company
Solvay S.A.
LyondellBasell Industries Holdings B.V.
JM Eagle, Inc.
Pipelife International GmbH
Sekisui Chemical Co., Ltd.
Saudi Arabian Amiantit Company
WL Plastics

Global Thermoplastic Pipe Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments and countries in recent years and to forecast their values for the coming years. The report blends qualitative insight with quantitative rigor to unpack key growth drivers, emerging challenges, and evolving opportunities shaping the thermoplastic pipe landscape. It further maps competitive strategies, product innovation trends, and investment priorities, offering stakeholders a structured perspective to navigate decision-making across the forecast period.

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Thermoplastic Pipe Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Thermoplastic Pipe Market Forces Analysis

3.1. Market Forces Shaping The Global Thermoplastic Pipe Market (2024-2035)
3.2. Drivers
- 3.2.1. intensifying investments in energy infrastructure
- 3.2.2. expanding water and wastewater treatment projects
3.3. Restraints
- 3.3.1. upfront material costs and technical standardization challenges
3.4. Opportunities
- 3.4.1. gradual replacement of aging metallic pipelines

Chapter 4. Global Thermoplastic Pipe Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Thermoplastic Pipe Market Size & Forecasts by Product Type 2025-2035

5.1. Market Overview
5.2. Global Thermoplastic Pipe Market Performance - Potential Analysis (2025)
5.3. Reinforced Thermoplastic Pipe (RTP)
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Thermoplastic Composite Pipe (TCP)
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Thermoplastic Pipe Market Size & Forecasts by Polymer Type 2025-2035

6.1. Market Overview
6.2. Global Thermoplastic Pipe Market Performance - Potential Analysis (2025)
6.3. Polyethylene (PE) Pipe
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Poly Vinyl Chloride (PVC) Pipe
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
6.5. Polypropylene Pipe (PP)
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
6.6. Polyvinylidene Fluoride (PVDF)
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market size analysis, by region, 2025-2035
6.7. Others
- 6.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.7.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Thermoplastic Pipe Market Size & Forecasts by Application 2025-2035

7.1. Market Overview
7.2. Global Thermoplastic Pipe Market Performance - Potential Analysis (2025)
7.3. Oil & Gas
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Water & Wastewater
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
7.5. Mining & Dredging
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035
7.6. Utilities & Renewables
- 7.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.6.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Thermoplastic Pipe Market Size & Forecasts by Region 2025-2035

8.1. Growth Thermoplastic Pipe Market, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Thermoplastic Pipe Market
- 8.3.1. U.S. Thermoplastic Pipe Market
  - 8.3.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.3.1.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.3.1.3. Application breakdown size & forecasts, 2025-2035
- 8.3.2. Canada Thermoplastic Pipe Market
  - 8.3.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.3.2.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.3.2.3. Application breakdown size & forecasts, 2025-2035
8.4. Europe Thermoplastic Pipe Market
- 8.4.1. UK Thermoplastic Pipe Market
  - 8.4.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.4.1.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.4.1.3. Application breakdown size & forecasts, 2025-2035
- 8.4.2. Germany Thermoplastic Pipe Market
  - 8.4.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.4.2.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.4.2.3. Application breakdown size & forecasts, 2025-2035
- 8.4.3. France Thermoplastic Pipe Market
  - 8.4.3.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.4.3.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.4.3.3. Application breakdown size & forecasts, 2025-2035
- 8.4.4. Spain Thermoplastic Pipe Market
  - 8.4.4.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.4.4.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.4.4.3. Application breakdown size & forecasts, 2025-2035
- 8.4.5. Italy Thermoplastic Pipe Market
  - 8.4.5.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.4.5.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.4.5.3. Application breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe Thermoplastic Pipe Market
  - 8.4.6.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.4.6.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.4.6.3. Application breakdown size & forecasts, 2025-2035
8.5. Asia Pacific Thermoplastic Pipe Market
- 8.5.1. China Thermoplastic Pipe Market
  - 8.5.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.5.1.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.5.1.3. Application breakdown size & forecasts, 2025-2035
- 8.5.2. India Thermoplastic Pipe Market
  - 8.5.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.5.2.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.5.2.3. Application breakdown size & forecasts, 2025-2035
- 8.5.3. Japan Thermoplastic Pipe Market
  - 8.5.3.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.5.3.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.5.3.3. Application breakdown size & forecasts, 2025-2035
- 8.5.4. Australia Thermoplastic Pipe Market
  - 8.5.4.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.5.4.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.5.4.3. Application breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea Thermoplastic Pipe Market
  - 8.5.5.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.5.5.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.5.5.3. Application breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC Thermoplastic Pipe Market
  - 8.5.6.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.5.6.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.5.6.3. Application breakdown size & forecasts, 2025-2035
8.6. Latin America Thermoplastic Pipe Market
- 8.6.1. Brazil Thermoplastic Pipe Market
  - 8.6.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.6.1.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.6.1.3. Application breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico Thermoplastic Pipe Market
  - 8.6.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.6.2.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.6.2.3. Application breakdown size & forecasts, 2025-2035
8.7. Middle East and Africa Thermoplastic Pipe Market
- 8.7.1. UAE Thermoplastic Pipe Market
  - 8.7.1.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.7.1.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.7.1.3. Application breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) Thermoplastic Pipe Market
  - 8.7.2.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.7.2.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.7.2.3. Application breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa Thermoplastic Pipe Market
  - 8.7.3.1. Product Type breakdown size & forecasts, 2025-2035
  - 8.7.3.2. Polymer Type breakdown size & forecasts, 2025-2035
  - 8.7.3.3. Application breakdown size & forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. TechnipFMC plc
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. Baker Hughes Company
9.4. NOV Inc.
9.5. Shawcor Ltd.
9.6. Wienerberger AG
9.7. Prysmian Group
9.8. Georg Fischer AG
9.9. Chevron Phillips Chemical Company
9.10. Solvay S.A.
9.11. LyondellBasell Industries Holdings B.V.
9.12. JM Eagle, Inc.
9.13. Pipelife International GmbH
9.14. Sekisui Chemical Co., Ltd.
9.15. Saudi Arabian Amiantit Company
9.16. WL Plastics