PUBLISHER: QYResearch | PRODUCT CODE: 1859926
PUBLISHER: QYResearch | PRODUCT CODE: 1859926
The global market for Composite Pipe System was estimated to be worth US$ 4495 million in 2024 and is forecast to a readjusted size of US$ 6647 million by 2031 with a CAGR of 5.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Composite Pipe System cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Composite Pipe System production reached 1,363.63 Kiloton, with an average selling price of US$3,296.71 per ton. The product's gross profit margin is approximately 31%.
Composite Pipe System is an advanced piping solution that utilizes a layered structure combining two or more different materials to comprehensively leverage the excellent properties of each component, thereby achieving superior overall characteristics unattainable by any single material. It typically employs plastics (such as PE-RT or PEX) or metals (such as aluminum) as core layers, and uses adhesive layers (e.g., specialized bonding resins) to firmly integrate these functionally distinct materials into a unified structure. This design enables it to simultaneously possess the strength, rigidity, and oxygen barrier properties of metal pipes, as well as the corrosion resistance, flexibility, and lightweight advantages of plastic pipes. It is primarily used in demanding applications such as cold and hot water distribution in buildings, underfloor heating, gas supply, and industrial settings including petroleum and chemical industries.
Composite piping systems are made from a combination of different materials (such as plastic, metal, and fiber-reinforced materials). They are widely used worldwide due to their advantages, including lightness, corrosion resistance, pressure resistance, and ease of installation. With the acceleration of industrialization, composite piping systems have become a key alternative to traditional metal piping, particularly in the oil and gas, chemical, and power industries. Currently, the application of composite piping systems has expanded beyond the oil and gas industry to include construction, water supply, heating, and food processing. Global market demand is growing annually, particularly driven by infrastructure development in developing countries, leading to rapid growth in the composite piping market.
From a supply chain perspective, the production process of composite piping systems involves the sourcing and processing of multiple raw materials, resulting in a complex supply chain. Globally, major manufacturers are concentrated in the United States, Europe, and China. The United States and Europe have relatively advanced technology levels, while China, with its high demand, has become one of the leading markets for composite piping systems. As environmental protection requirements increase globally, the environmental performance of composite piping systems has become a key consideration, particularly due to their advantages in reducing leakage and corrosion, making this product increasingly popular in the environmental protection industry. In terms of future development trends, with advancements in materials technology and continuous refinement of manufacturing processes, the performance and cost of composite piping systems will be further optimized. Composite piping systems will develop towards greater lightness, durability, efficiency, and environmental friendliness, and the selection and application of composite materials will become more diverse. Furthermore, the introduction of digital technologies, such as the Internet of Things (IoT) and smart sensors, will enable real-time monitoring of composite piping status, further enhancing its safety and reliability.
This report aims to provide a comprehensive presentation of the global market for Composite Pipe System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Composite Pipe System by region & country, by Type, and by Application.
The Composite Pipe System market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Composite Pipe System.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Composite Pipe System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Composite Pipe System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Composite Pipe System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.