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Thermoplastic Pipe Market $74,996.6 Million by 2019
The report "Thermoplastic Pipe Market by Polymer Type (PE, PVDF, PVC, PP & PA), by Application (Oil & Gas, Municipal, Mining & Dredging & Chemicals), by Region (APAC, North America, Latin America, Europe and Middle East & Africa) - Global Trends & Forecast to 2019", defines and segments the thermoplastic pipe market with analysis and forecast, in terms of volume as well as value. It also identifies driving and restraining factors of the thermoplastic pipe market with analysis of trends and opportunities.
Browse 76 market data tables and 52 figures spread through 170 pages and in-depth TOC on “Thermoplastic Pipe Market by Polymer Type (PE, PVDF, PVC, PP & PA), by Application (Oil & Gas, Municipal, Mining & Dredging & Chemicals), by Region (APAC, North America, Latin America, Europe and Middle East & Africa) - Global Trends & Forecast to 2019"
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The market applications for thermoplastic pipe include oil & gas, municipal, mining & dredging, and chemicals. The demand for the oil & gas application is estimated to grow with an increasing demand for flexible pipes, umbilical, and risers. In 2013, Asia-Pacific was the largest market for thermoplastic pipe and accounted for a share of around 39.7%.
The thermoplastic pipe market was estimated to be 25,821.9 kiloton in 2014, and is projected to reach 33,742.3 kiloton by 2019, at a CAGR of 5.5% from 2014 to 2019. In terms of value, it is expected to grow from an estimated $55,430.2 Million in 2014 to $74,996.6 Million by 2019.
Thermoplastic Pipe Market Size, 2012–2019 (KT)
Source: MarketsandMarkets Analysis
The thermoplastic pipe market is projected to grow at a CAGR of 5.5% from 2014 to 2019 with increasing demand in the Asia-Pacific region. The rise in the demand for municipal and chemical applications in this region is the prime driver for the growth of the market.
The leading players of the thermoplastic pipe market include Technip (U.S.), Advanced Drainage Systems Inc. (U.S.), Airborne Oil & Gas B.V. (The Netherlands), and Georg Fischer Piping Systems Ltd. (Switzerland). The market players continuously invest in R&D activities to introduce new products and solutions as per market demands. Considering the demand in the market, these companies are also expanding their facilities to increase their production capacities and strengthen their global network.
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