North America Plastic Pipes Market Forecast to 2031- Regional Analysis- by Type, Material Type, Application, and End-Use Industry

Description

List of Tables

The North America plastic pipes market was valued at US$ 12,500.42 million in 2023 and is projected to reach US$ 19,460.32 million by 2031; it is anticipated to register a CAGR of 5.7% from 2023 to 2031.

Growing Residential and Commercial Construction Activities Drives North America Plastic Pipes Market

The housing market growth is attributed to factors such as population increase, urbanization, and favorable economic conditions. According to Redfin, the number of houses sold in January 2024 was 284,121, 1.8% higher than the number sold in January 2023 in the US. Residential construction is a crucial component of the private sector. It witnessed a noteworthy increase to a seasonally adjusted annual rate of US$ 856.3 billion in June 2023, marking a 0.9% rise from the revised May estimate of US$ 848.6 billion. In March 2023, the government launched the Housing Accelerator Fund worth US$ 2.96 billion to aid in the building of at least 100,000 homes across Canada. According to the US Census Bureau, in November 2023, the number of privately-owned houses (at a seasonally adjusted annual rate) was 1.56 million units, a rise of 9.3% compared to 1.43 million units in November 2022.

Monthly New Residential Construction in the Us (2022-2023)

Source: The US Census Bureau and the US Department of Housing and Urban Development, 2023

According to a report released by the US Census Bureau, the value of total construction (private and public) investment in 2023 was US$ 1,978.7 billion, a 7% increase from investments of US$ 1,848.7 billion in 2022. Plastic pipes are extensively used in construction applications due to their versatility, durability, and cost-effectiveness. PVC, PEX, and HDPE are preferred materials due to their ease of installation and long lifespan. In commercial construction, plastic pipes are used in water supply, plumbing, HVAC systems, and fire suppression systems. Plastic pipes are used in residential plumbing for both hot and cold-water lines. Therefore, the growing residential and commercial construction activities drive the North America plastic pipes market.

North America Plastic Pipes Market Overview

North America has a massive network of inter and intrastate pipelines that serve an important role in transporting water, hazardous liquids, and raw materials. According to the Pipeline and Hazardous Materials Safety Administration, in North America, approximately 2.6 million miles of pipelines deliver hundreds of billions of tons of liquid petroleum products and trillions of cubic feet of natural gas yearly. Per the Canada Energy Regulator, most of the crude oil produced in Canada is shipped using pipelines from western provinces to refineries in the US, Ontario, and Quebec. In North America, the oil & gas industry requires higher-pressure rated and larger diameter piping to control challenges related to corrosion caused by contamination of water with salt, sulfur, and other corrosive elements in produced fluid lines. The flame retardant and non-corrosive characteristics of plastic composite pipes provide an effective solution for these issues. Thus, with the growing oil & gas production, the demand for plastic pipes is rising in North America. Countries such as the US and Canada use pipelines to transport crude oil to refineries in the region, as other transport mediums, such as rail, are more expensive than pipelines and tankers.

North America Plastic Pipes Market Revenue and Forecast to 2031 (US$ Million)

North America Plastic Pipes Market Segmentation

The North America plastic pipes market is categorized into type, material type, application, end-use industry, and country.

Based on type, the North America plastic pipes market is bifurcated into corrugated and smooth wall. The smooth wall segment held a larger market share in 2023.

By material type, the North America plastic pipes market is divided into polyvinyl chloride, high-density polyethylene, polypropylene, and others. The polyvinyl chloride segment held the largest market share in 2023.

In terms of application, the North America plastic pipes market is segmented into water supply, sewage and drainage, irrigation, gas distribution, and others. The water supply segment held the largest market share in 2023.

Based on end-use industry, the North America plastic pipes market is segmented into construction and infrastructure, water and wastewater management, oil and gas, and others. The construction and infrastructure segment held a larger market share in 2023.

By country, the North America plastic pipes market is segmented into the US, Canada, and Mexico. The US dominated the North America plastic pipes market share in 2023.

Advanced Drainage Systems Inc; Aliaxis Holdings SA; Genuit Group Plc; Georg Fischer Ltd; JM Eagle, Inc.; Orbia; and Sekisui Chemical Co Ltd are some of the leading companies operating in the North America plastic pipes market.

Product Code: BMIRE00031462

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. North America Plastic Pipes Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.1 Threat of New Entrants
- 4.2.2 Intensity of Competitive Rivalry
- 4.2.3 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Plastic Pipe Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End-Use Industry
- 4.3.5 List of Vendors in the Value Chain

5. North America Plastic Pipes Market - Key Market Dynamics

5.1 North America Plastic Pipes Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Growing Residential and Commercial Construction Activities
- 5.2.2 Surging Water and Wastewater Infrastructure Development
5.3 Market Restraints
- 5.3.1 Fluctuations in Raw Material Prices
5.4 Market Opportunities
- 5.4.1 Innovations in Plastic Pipe Formulation and Production Processes
5.5 Future Trends
- 5.5.1 Use of Sustainable Materials in Plastic Pipe Manufacturing
5.6 Impact of Drivers and Restraints:

6. North America Plastic Pipes Market - Market Analysis

6.1 Overview
6.2 North America Plastic Pipes Market Revenue (US$ Million), 2021-2031
6.3 North America Plastic Pipes Market Forecast Analysis

7. North America Plastic Pipes Market Analysis - by Type

7.1 Corrugated
- 7.1.1 Overview
- 7.1.2 Corrugated: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
- 7.1.3 Single-Wall
  - 7.1.3.1 Overview
  - 7.1.3.2 Single-Wall: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
- 7.1.4 Multi-Wall
  - 7.1.4.1 Overview
  - 7.1.4.2 Multi-Wall: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Smoothwall
- 7.2.1 Overview
- 7.2.2 Smoothwall: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)

8. North America Plastic Pipes Market Analysis - by Material Type

8.1 Polyvinyl Chloride
- 8.1.1 Overview
- 8.1.2 Polyvinyl Chloride: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
8.2 High-Density Polyethylene
- 8.2.1 Overview
- 8.2.2 High-Density Polyethylene: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Polypropylene
- 8.3.1 Overview
- 8.3.2 Polypropylene: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)

9. North America Plastic Pipes Market Analysis - by Application

9.1 Water Supply
- 9.1.1 Overview
- 9.1.2 Water Supply: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Sewage and Drainage
- 9.2.1 Overview
- 9.2.2 Sewage and Drainage: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Irrigation
- 9.3.1 Overview
- 9.3.2 Irrigation: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Gas Distribution
- 9.4.1 Overview
- 9.4.2 Gas Distribution: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Others
- 9.5.1 Overview
- 9.5.2 Others: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)

10. North America Plastic Pipes Market Analysis - by End-use Industry

10.1 Construction and Infrastructure
- 10.1.1 Overview
- 10.1.2 Construction and Infrastructure: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
10.2 Water and Wastewater Management
- 10.2.1 Overview
- 10.2.2 Water and Wastewater Management: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
10.3 Oil and Gas
- 10.3.1 Overview
- 10.3.2 Oil and Gas: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
10.4 Others
- 10.4.1 Overview
- 10.4.2 Others: North America Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)

11. North America Plastic Pipes Market -Country Analysis

11.1 North America Plastic Pipes Market, by Key Countries- Revenue (2023) US$ Million
- 11.1.1 North America: Plastic Pipes Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.1 North America: Plastic Pipes Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 United States: Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.2.1 United States: Plastic Pipes Market Breakdown, by Type
    - 11.1.1.2.2 United States: Plastic Pipes Market Breakdown, by Material Type
    - 11.1.1.2.3 United States: Plastic Pipes Market Breakdown, by Application
    - 11.1.1.2.4 United States: Plastic Pipes Market Breakdown, by End-use Industry
  - 11.1.1.3 Canada: Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.3.1 Canada: Plastic Pipes Market Breakdown, by Type
    - 11.1.1.3.2 Canada: Plastic Pipes Market Breakdown, by Material Type
    - 11.1.1.3.3 Canada: Plastic Pipes Market Breakdown, by Application
    - 11.1.1.3.4 Canada: Plastic Pipes Market Breakdown, by End-use Industry
  - 11.1.1.4 Mexico: Plastic Pipes Market - Revenue and Forecast to 2031 (US$ Million)
    - 11.1.1.4.1 Mexico: Plastic Pipes Market Breakdown, by Type
    - 11.1.1.4.2 Mexico: Plastic Pipes Market Breakdown, by Material Type
    - 11.1.1.4.3 Mexico: Plastic Pipes Market Breakdown, by Application
    - 11.1.1.4.4 Mexico: Plastic Pipes Market Breakdown, by End-use Industry

12. Competitive Landscape

12.1 Heat Map Analysis by Key Market Players
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Organic Growth Strategies
13.3 Inorganic Growth Strategies

14. Company Profiles

14.1 JM Eagle, Inc.
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Sekisui Chemical Co Ltd
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Georg Fischer Ltd
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Genuit Group Plc
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Orbia
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Aliaxis Holdings SA
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Advanced Drainage Systems Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments

15. Appendix

15.1 About The Insight Partners