PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742678
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1742678
The Global HDPE Pipes Market is expected to grow from US$20.050 billion in 2025 to US$25.753 billion in 2030, at a CAGR of 5.13%.
HDPE Pipes Market Trends:
The market of HDPE pipes is expected to drive by increasing applications in end-use industries of HDPE pipes mainly in the oil & gas industry, by increasing demand in the agricultural sector for irrigation facilities, by growing sewage disposal infrastructure, and by the increasing innovations in the PE pipes. Earlier, the use of HDPE pipes was limited to certain things, but now they use it is increasing, the HDPE pipes have been recognized in a different way, which in turn, is increasing their demand and hence growth in the global HDPE pipes market. Apart from it, the growth of the agricultural sector increases the demand for irrigation facilities and their development, which further boosts the demand for HDPE pipes as they are used for portable water. Therefore, this shows that the market is having potential growth in the forecast period. Though, the HDPE pipes market is expected to be restrained by the volatile raw material prices due to the fluctuations in the crude oil prices.
At the global level, the demand for the HDPE pipes is increasing mainly in oil & gas industry due to the characteristics of HDPE pipes which are better than steel pipes, as it is relatively less costly, high tensile strength, and easy handling. The expansion of the HDPE pipes' applications is expected to boost the growth rate of the HDPE pipes market. By region, the market of HDPE pipes is segmented into North America, South America, Europe, Asia Pacific, Middle East, and Africa. Apart from the Asia Pacific region holding a substantial market share in the HDPE pipes, North America and Europe are also holding a significant share and have the potential to grow significantly in the forecast period. Europe holds various opportunities due to the development of water supply and irrigation infrastructure facilities. North America has the potential to grow in the industrial sectors, such as food packaging, construction sector, technical parts, cosmetics, and so on. By Type, the market is segmented into PE 63, PE 80, PE 100, and others. Among them, the segment PE 63 is expected to have a significant growth in the forecast period because of the increasing demand for HDPE pipes in drinking water applications. By application, the market is segmented into oil & gas, irrigation, water and waste management, and others. Due to increasing demand for the water and development of the agricultural sector, the segments irrigation, and water and waste management are expected to have the significant potential to grow in the forecast period. It does not mean that the oil and gas industry will not increase, as this segment will also have positive growth in the upcoming period owing to the industrialization and urbanization developments.
There is a potential growth opportunity for the companies in the recycling market for the HDPE pipes market, as nowadays, the economies, government, and people are favoring environment-friendly products, to have a sustainable environment. From the facts, HDPE is recyclable in nature, which also boosts its demand for the HDPE pipes in the forecast period.
HDPE Pipes Market Geographical Outlook:
Asia Pacific is expected to have the highest growth in the HDPE pipes market. The HDPE pipes market is expected to grow in this region due to the industrialization and urbanization, continuous industrial, residential construction, and infrastructure developments in this region. Apart from it, the market is also driven by the increasing demand for oil and gas and production activities and a rise in agricultural and industrial activities. In India, the growth s in mainly for the FTTx industry because of various factors such as increasing investments in the telecommunication sector and the power sector. These 2 sectors have a demand for HDPE pipes because of their high-density characteristic, hence, increasing investments will further boost the growth of the HDPE pipes. The power sector's aim is to fulfill the increasing demand for electricity, and HDPE pipes demand increases for transmission systems. Though the increasing prices of PE raw material used in the HDPE pipes production hinder the growth of the HDPE pipes market in India. The demand for the HDPE pipes in micro-duct is expected to have the potential growth in India in the forecast period because of the characteristics of HDPE pipes such as cost-effective, space-saving, and so on.
Market Segmentation:
Companies Profiled