Polyolefin Pipe Market

Polyolefin Pipe Market Overview for 2024 to 2034

The polyolefin pipe market is anticipated to be worth USD 22.3 billion in 2024. The market is expected to grow at a CAGR of 5.9% from 2024 to 2034. By the end of the forecast period, the market value is predicted to hit USD 39.5 billion.

Attributes	Details
Polyolefin Pipe Market Value for 2024	USD 22.3 billion
Projected Market Value for 2034	USD 39.5 billion
Value-based CAGR from 2024 to 2034	5.9%

Analysis of Polyolefin Pipe Market

• Polyolefin pipes are proving to be a reliable source of water carrying, and thus, their use in piping systems is increasing.
• The building and construction industry is making use of polyolefin pipes as an efficient way to supply the water needs of building projects.
• Agriculture’s lifeblood is considered water and thus farmers need effective piping systems that aid the growing of crops. Polyolefin pipes are increasingly becoming a part of these effective piping systems in agriculture.
• Sprinkler irrigation systems are making use of polyolefin pipes in rising capacity as the pipes provide a suitable conduit for the transport of large quantities of water.
• Drip irrigation systems are making use of polyolefin pipes in increasing measure, especially in the agricultural sector.

Polyolefin Pipe Market Trends

• Government schemes and initiatives for the development of irrigation systems in rural areas are helping the expansion of the polyolefin pipe industry.
• Polyolefin pipes are being used to safeguard the intricate network of cables connecting the modern world.
• Both residential and commercial applications of polyolefin pipes are growing. Residences are making use of the pipes for water supply while commercial offices are looking to safeguard the prominent amount of cables used in connecting the various systems.
• Polyolefin pipes are being used in the energy sector. The use of pipes to distribute natural gas is increasing their application in the energy sector.
• With increasing initiatives for wastewater treatment, polyolefin pipes are being used as a source through which the wastewater can be handled and distributed.
• As with several other products that use plastic as the predominant material, rising disdain over plastic, from both individuals and regulatory authorities, is restraining the scope of the market.
• Piping systems are often at the mercy of the climate and disruptive weather changes have the potential to adversely affect the functioning of the polyolefin pipes.

Category-wise Outlook

Polypropylene pipes (PP) are the top type of pipes in the market. Power and communication is the industry where the pipers are applied predominantly.

Toughness of Polypropylene Pipes Makes Them the In-demand Product in the Market

From 2024 to 2034, sales of polypropylene pipes are expected to progress at a CAGR of 5.7%. Some of the key drivers for the increasing use of polypropylene pipes are:

• Polypropylene pipes are lightweight. Thus, the installation and handling of the pipes is easy, making them popular among piping system vendors.
• Polypropylene pipes offer exceptional chemical resistance and thus, with the number of chemical hazards increasing, the use of the pipes in piping systems is increasing.

Attributes	Details
Top Type	Polypropylene pipes (PP)
CAGR (2024 to 2034)	5.7%

Power and Communication Industry Drives the Demand for Polyolefin Pipes

The power and communication application segment is predicted to progress at a CAGR of 5.5% over the forecast period. Some of the key drivers for the progress of power and communication application of polyolefin pipes include:

• With the rise in the use of natural gas, polyolefin pipes are being increasingly used in the power industry to store and distribute it.
• The interconnectedness of the modern world is being safeguarded by polyolefin pipes, covering the cables that are the lifeblood of the communication industry.

Attributes	Details
Top Application	Power and Communication
CAGR (2024 to 2034)	5.5%

Country-wise Analysis

The oil and gas industry’s prominence in North America is helping the market’s growth in the region. The construction industry’s rise is also building demand for the product in the region.

The industrial boom in the Asia Pacific is leading to the acceleration of market growth in the region, with increasing manufacturing capabilities increasing the scope of the market in the region. Europe’s significant communications industry is playing a key role in the market’s progress.

Countries	CAGR
South Korea	7.9%
Japan	7.1%
China	6.5%
United Kingdom	7.0%
United States	6.1%

Japan’s Farms Making Use of Sprinkle and Drip Irrigation Systems Leading to Increased Demand in the Country

The market is set to register a CAGR of 7.1% in Japan for the forecast period. The key drivers for growth are:

• With the farming industry growing by leaps and bounds in Japan, the country’s use of sprinkler and drip irrigation systems, and in turn polyolefin pipes is growing.
• The rise of construction projects in Japan is helping the market’s purpose in the country.

Rise in Urban Population Bolstering the Market’s Prospects in China

The CAGR for polyolefin pipe in China is tipped to be 6.5% over the forecast period. Some of the key factors driving the growth are:

• The urban population of China is increasing by the day. Not only does the increasing urban population expand the scope of the construction industry, but it also leads to more demand for piping systems in residences. Thus, the significant urban population of the country is positively impacting the market’s prospects in China.
• China’s significant power needs are being satisfied with the help of polyolefin pipes.

Rise in Wastewater Treatment Projects in South Korea Aiding the Market in the Country

The CAGR for polyolefin pipe in South Korea is tipped to be 7.9% over the forecast period. Some of the key factors driving the growth are:

• With governmental pressure on preserving and making water available in remote areas, the incidence of wastewater projects in South Korea is increasing. Polyolefin pipes are becoming a part of these wastewater treatment projects in increasing measure in South Korea.
• South Korea’s increasing commercial buildings are being helped out by polyolefin pipes in communication as well as power needs.

Demand for Pipes that Can Endure the Tough Weather Conditions in the United Kingdom

The market in the United Kingdom is expected to register a CAGR of 7.0% through 2034. Some of the key trends include:

• The weather in the United Kingdom can be challenging for piping systems. Thus, piping systems are making the use of polyolefin pipes to withstand the tough weather conditions.
• Polyolefin pipes are lightweight solutions and with vendors of piping systems in the United Kingdom looking for material that is easy to handle, polyolefin pipes are emerging as a prominent solution.

The United States Significant Oil and Gas Industry is Witnessing Polyolefin Pipe Suppliers Make the Most of the Opportunity

The market in the United States is expected to register a CAGR of 6.1% through 2034. Some of the key trends include:

• The United States is reputed to have the biggest oil and gas industry in the world. Polyolefin pipes are thus moving along positively in the United States.
• The United States is home to several companies that sell polyolefin pipes, such as JM Eagle, Chevron Phillips Chemical Company, and LyondellBasell Industries, and thus the abundance of choices spells out positivity for the market in the country.

Competitive Landscape

Dynamic and diverse, several companies of varying sizes operate in the polyolefin pipe space. Companies strive to differentiate themselves by offering various types of polyolefin pipes for different applications.

Factors such as pricing, quality, and customer service also play a significant role in determining the market share of these companies. Tie-ups with companies in the various end-user industries like construction, oil and gas, and more, are common.

Recent Developments

• In January 2021, GF Piping Systems completed the acquisition of FGS Brazil Industries. GF Piping Systems thus increased its footprint in the market.
• In March 2021, Prinsco Inc. established a partnership with the American company Momentum Engineering.
• In July 2019, Advanced Drainage Systems acquired Infiltrator, thereby increasing its footprint in the market.

Key Companies

• FURUKAWA ELECTRIC CO., LTD
• Halcor
• Mueller Streamline Co.
• Aurubis AG
• Cerro Flow Products LLC
• Cambridge-Lee Industries LLC
• H & H Tube
• Hailiang Group Reserves
• KMCT
• MM Kembla
• Mehta Tubes Ltd.
• Shanghai Metal
• Small Tube Products
• Wieland
• Brassco Tube Industries
• Luvata

Key Coverage in the Polyolefin Pipe Industry Report

• Polyolefin Pipes Market Global Forecast
• Polyolefin Pipes Market Growth Analysis
• PE Pipe Market Assessment
• Polypropylene pipe market Coverage
• HDPE pipe market Analysis
• MDPE pipe Market Assessment

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
  • 5.1. Polypropylene Pipes (PP)
  • 5.2. Polyethylene Pipes (PE)
  • 5.3. Plastomer
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
  • 6.1. Power And Communication
  • 6.2. Waste Water Drainage
  • 6.3. Irrigation
  • 6.4. Others
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User
  • 7.1. Agriculture
  • 7.2. Industrial
  • 7.3. Others
• 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 8.1. North America
  • 8.2. Latin America
  • 8.3. Europe
  • 8.4. East Asia
  • 8.5. South Asia
  • 8.6. Oceania
  • 8.7. MEA
• 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 16. Key Countries Market Analysis
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. WL Plastics
  • 18.2. Future Pipes Industries
  • 18.3. AGRU
  • 18.4. GF Piping System
  • 18.5. Advanced Drainage System
  • 18.6. Blue Diamonds Industries
  • 18.7. Vesbo Piping Systems
  • 18.8. Value (USD Million) & Volume (Meter)ed Poly System
  • 18.9. JM Eagle
  • 18.10. Pars Ethylene Kish
• 19. Assumptions & Acronyms Used
• 20. Research Methodology