This report titled “HDPE Pipes Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2024” offers strategic insights into the trends in HDPE pipes market along with the market size and forecast for the duration 2014 to 2024. The said research study incorporates in-depth analysis of multiple market segments based on applications and geographical distribution.

The global HDPE pipes market is becoming increasingly competitive with growing number of mergers and collaborations between market players to reach full capabilities and gain international footprint. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America, MEA and Asia Pacific.

Based on application, the global HDPE pipes market is categorized into Oil & Gas Pipe, Agricultural Irrigation Pipe, Water Supply Pipe, Sewage Systems Pipe, and Others. In addition, HDPE pipes manufacturing companies, distributors and academic organizations form the major client types for HDPE pipes market. Market size (US$ Mn) and forecast for all the considered segmentation is presented in this report for the period 2013-2024 along with their respective CAGRs (%) for the forecast period 2016-2024. 

Based on the application, the global HDPE pipes market is segmented as follows:

• Oil & Gas Pipes
• Agricultural Irrigation Pipes
• Water Supply Pipes
• Sewage Systems Pipes
• Others

HDPE pipe is one of the major polyethylene products used in wide array of applications. Based on applications, the market is broadly segmented into five major categories including oil & gas pipes, agricultural irrigation pipes, water supply pipes, sewage systems pipes and others. In 2015, water supply pipes was the largest application segment and is projected to maintain their dominance during the forecast period (2016 to 2024). Wide adaptability of HDPE pipes in water supply infrastructure due to its affordability in terms of installation cost and performance is expected to drive the growth of the segment during the forecast period. Agricultural and irrigation pipes segment accounted for the third largest share in global HDPE pipes market and projected to witness moderate growth in comparison to other segments during the forecast period. HDPE pipes are corrosion resistant and considered as the best alternative especially in transit salty water applications. Moreover, HDPE pipes require less laydown area and reduced need for fittings owing to its low bending radius. Oil & gas segment is anticipated to be the fastest growing segment during the forecast period (2016-2024).

In 2015, Asia Pacific accounted for the largest share in global HDPE pipes and is projected to be the fastest growing segment during the forecast period (2016 -2024). This growth of the HDPE pipes market in the region is attributed to rapid growth in agricultural and industrial activities in the region. Moreover, increasing oil & gas exploration and production activities is fueling the demand for pipeline infrastructure which in turn is anticipated to drive the demand for HDPE pipes in the region. Followed by it, Europe is expected to be the second largest market in global HDPE pipes market. Rising demand for HDPE pipes especially in Spain, Germany and Italy is anticipated to drive the market growth. Further, rapid growth in demand for HDPE in various countries of Eastern Europe is projected to further fuel the demand for HDPE pipes in the region. Other regions such as North America, Latin America and Middle East are projected to witness steady growth in the demand for HDPE pipes over the forecast period (2016-2024).

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of HDPE Pipes market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the HDPE Pipes market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of HDPE Pipes market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the HDPE Pipes market?
• Which is the largest regional market for HDPE Pipes market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving HDPE Pipes market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the HDPE Pipes market worldwide?