HDPE pipe is a pipe made from high-density polyethylene. Known for its large strength to density ratio, it can carry potable water, wastewater, slurries, chemicals, hazardous wastes, and compressed gases.
HDPE pipe category demonstrates high growth prospects among leading plastic pipe resin categories. And now the main types of HDPE are PE80 and PE100, which take 93.11% of global production in 2016. HDPE pipe downstream is wide, and the major fields are water supply, oil and gas, sewage systems, agricultural applications, etc. In recent years, real estate industry has developed rapidly. Increasing demand for water supply is expected to drive the demand for the HDPE pipe market. Water supply is the largest downstream of HDPE pipe, taking 39.22% of the world HDPE pipe in 2016.
The consumption of HDPE pipe is distributed in United States, China, Russia, Germany and France. United States is the largest consumption country of HDPE pipe in the world in the past five years followed by China closely and it will keep the same position in the next six years with the CAGR of 7.5%. The United States market takes up about 29.58% in the global consumption in 2016. China takes 20.30% of global consumption.
The global production continues to increase with the global demand increasing. In 2016, the global production is 4.2 million K MT from 3.6 million MT in 2012 with the CAGR of 4%.
The market concentrate is not high for one hand the technology is relatively easy and technological barrier is not high, for another hand the market is huge and there are large profits so many companies come into this industry. In the world, the main manufacturers include JM Eagle, Chevron Phillips Chemical Company, Aliaxis, WL Plastics, LESSO and so on. In 2016, the top 3 manufacturers sale were 1102.3 K MT, which take 25% of the global consumption.
According to our research and analysis, manufacturers from North America and Europe are the major leaders in the international market of HDPE pipe. Manufacturers from China are immature in technology. There is large space in the China market, as well as big gap between international brands and local brands on price.
According to this study, over the next five years the HDPE Pipes market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 14000 million by 2024, from US$ 11200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in HDPE Pipes business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of HDPE Pipes market by product type, application, key manufacturers and key regions and countries.
This study considers the HDPE Pipes value and volume generated from the sales of the following segments:
Global HDPE Pipes Market report features the major aspect of the market in terms of historic data, current market situations, market demand along with detailed analysis of the key players involved in the market.HDPE Pipes Industry report also provides essential attributes associated with HDPE Pipes market and act an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
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Global HDPE Pipes Market focuses on the, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.HDPE Pipes business report categorizes the market based on manufacturers, regions, type and application. From a global perspective, this report represents HDPE Pipes market in-depth outlook by analyzing historical statistics and future prospect.
TOP MOST PLAYERS:
Chevron Phillips Chemical Company
Jain Irrigation Systems
Blue Diamond Industries
National Pipe & Plastics
Shandong Shenbon Plastics
Jinniu Power Industry Science and Technology
Qingdao Yutong Pipeline
HongYue Plastic Group
Especially Nick Tube
ARON New Materials
Market Segment by Type, covers:
Market Segment by Applications, can be divided into:
Oil and Gas
The prospective of this HDPE Pipes industry study delivers the key industry dynamic with respect to driving & limiting factors with their current and expected impact on market growth. Moreover, HDPE Pipes present market share and future prospects of the segment in terms of has also been explored in this report.
Global HDPE Pipes market report showcases qualitative and quantitative estimation by industry analysts, first-hand data, and assistance from industry experts along with each industry manufacturers by the market valuation. HDPE Pipes report also gives extensive analysis of market share, latest industry trends and forecast data analysis with respect to sales revenue, market growth, and demand and supply scenario.
Conclusively, the HDPE Pipes Market report provides major statistics on the state of the industry also it is considered as an essential source of guidance and direction for businesses and individuals involved in the market.