Global HDPE Pipe Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Potable water, wastewater, oil and gas, irrigation, and others Market Segments by Grade Type PE100, PE80, PE63 and others Market Segments by Diameter Small diameter pipes (up to 15 inches) and large diameter pipes (15 inches and above) Market Segments by Pressure Rating High, medium, and low pressure Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Mexichem SAB, China Lesso Group, Advanced Drainage Systems, Sekisui Chemical, Formosa Plastics Group, Supreme Industries, Jain Irrigation, and Astral Pipes and others. Trend Growth Rate and CAGR3.8% Key Industry Forecast The global HDPE pipe market is expected to reach an estimated $22.4 billion by 2024 and is forecast to grow at a CAGR of 3.8% from 2019 to Key Industry Driver Driver: Growing residential and non-residential construction activities, replacement of aging pipelines, and increasing awareness of the attractive properties of HDPE pipes. 2

Industry Overview Market Size The global HDPE pipe market is expected to reach an estimated $22.4 billion by 2024 and is forecast to grow at a CAGR of 3.8% from 2019 to Emerging trends, which have a direct impact on the dynamics of the HDPE pipe industry, include the introduction of mechanical coupling in HDPE pipe focusing on pipe strength and replacement of traditional material pipes with eco-friendly HDPE pipes. Market Size (2024)$22.4 billion CAGR ( )3.8% 3 Industry Performance : Forecast