The global plastic hot and cold pipe market is expected to grow from an estimated USD 6.5 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 5.9% during the forecast period. Plastic hot and cold pipes are corrosion resistant, easy to install and cost efficient and government support and incentives for adoption of underfloor eating systems are main drivers for the plastic hot and cold pipe market. Growth in construction industry and digitalization is expected to offer remunerative opportunities for the plastic hot and cold pipe market during the forecast period.
The leading players in the plastic hot and cold pipe market include Georg Fischer Ltd. (Switzerland), Genuit Group (UK), Aliaxis (Belgium), Wienerberger (Austria), and Uponor (Finland) Growth strategies adopted by these players include expansion, product launches, agreement, acquisitions to increase their presence in the global market.
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Georg Fischer Ltd. (Switzerland) was the leading player in global plastic hot and cold pipe market in 2021. Genuit Group (UK) followed second position in global plastic hot and cold pipe market with the product portfolio comprising commercial ventilation, underfloor heating, above ground drainage, hydronic filters, and plastic plumbing systems. Aliaxis (Belgium) holds third largest share in global plastic hot and cold pipe market and offers products applicable for building, infrastructure, agriculture and industry. Wienerberger (Austria) holds fourth largest share in global plastic hot and cold pipe market and offers clay blocks for walls, plastic pipes, thermoplastic pipes, pavers, facing bricks/façade, ceramic pipes, clay roof tiles, and other products. Uponor (Finland) hold fifth position and offers building solutions, infrastructure solutions, and water monitoring services and serves the residential and commercial construction sector, municipalities, and utilities, as well as other industries.
Georg Fischer Ltd. (Switzerland) is a global provider of solutions for the transport of liquids and gases, lightweight casting components in vehicles, and high-precision manufacturing technologies. The company operates through three business segments, namely, GF Piping Systems, GF Casting Solutions, and GF Machining Solutions. Georg Fischer manufactures plastic hot and cold pipes under its wholly owned subsidiary GF Piping Systems. For a variety of demanding end-market categories, the GF Piping Systems business segment focuses on industry-leading leak-free piping solutions. Its award-winning array of fittings, valves, pipes, automation, fabrication, and jointing technologies, as well as its global sales, service, and manufacturing footprint, demonstrate its strong commitment on customer-centricity and innovation. GF Piping System expanded global fabrication network had helped the company overcome problems such as a skilled labour scarcity and tight project deadlines. The major end users of the company’s plastic hot cold pipes are utility, industries, and building technology. Its Piping Systems business segment operates several R&D centers, as well as more than 30 production sites in Europe, Asia, North America, and South America. The company has its presence in 34 countries, with a total of 59 production facilities.
Genuit Group (UK), formerly known as Polypipe, is a producer of plastic piping systems for residential, commercial, civil, and infrastructure applications. Drainage, plumbing, water supply, water management, cable management, heating, and ventilation are just few of the applications for pipe systems. The company operates in two business segments, Residential Systems and Commercial & Infrastructure Systems. Plastic hot cold pipes are offered in both the segments. Genuit Group focuses on offering climate change adaptation and resilience solutions. The Group has leading positions in its key markets, including commercial ventilation, underfloor heating, above ground drainage, hydronic filters, and plastic plumbing systems. Company manages its portfolio across residential, commercial, and infrastructure sectors, in both new build and residential repairs, maintenance and improvement (RMI), in order to balance against market cyclicality.
Plastic Hot & Cold Pipe Market by Raw Material (PEX, PE-RT, PPR, C-PVC, and PB), Application (Water Plumbing Pipes, Radiator Connection Pipes and Underfloor Surface Heating & Cooling), End User & Region - Global Trends & Forecast to 2027
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