Market Insights - Industry Research Report

HDPE Pipes Market

HDPE Pipes Market Analysis by Product (PE80, PE63, PE100RC, PE100, & Others), By Application (Agriculture, Water Network, Oil & Gas Pipeline, Sewage/Drainage, Chemical Processing, and Others), and By Region – Global Industry Size, Share, Growth, Overview, Premium Insights, Complete Analysis, Market Intelligence, Historical Data, and Forecasts 2023 – 2030

The Global HDPE Pipes Market Size Was Worth USD 17.19 Billion in 2022 And is Estimated to Grow to USD 26.39 Billion by 2030, With a CAGR of Approximately 5.5 % Over the Forecast Period From 2023 To 2030.

HDPE Pipes Market Overview

Electrical conduits produced from graded raw materials such as PE 80, PE 63, and PE 100 are high-density polyethylene pipes (HDPE). These pipes are among the most effective means of conveying and transferring chemicals, water, and gases. The most significant advantages of using HDPE pipes are 6-8 times lighter than traditional cast iron and galvanized iron pipes. Furthermore, high-density polyethylene pipes are non-corrosive, making them appropriate for water transmission. HDPE pipes are useful for a variety of applications, including flood irrigation, drip irrigation, potable water supply, and distribution, sewage and industrial effluent disposal, air-conditioning & refrigeration ducting, electrical systems, and drainage pipes. Because of the rising usage of HDPE pipes in numerous end-use sectors, the market for HDPE pipes is predicted to increase significantly. The expansion of the agriculture industry’s need for water irrigation systems is predicted to boost the growth of the HDPE pipe market. Rapid urbanization is expected to increase the demand for water delivery, increasing the need for HDPE pipes. Furthermore, the expansion of sewage disposal infrastructure drives up demand for HDPE pipes.

COVID-19 Impact

Since the COVID-19 pandemic began in the year 2020, the sickness has spread to nearly every country on the planet. The continuing pandemic (Covid-19) problem has had a significant impact on the HDPE Pipes sector. COVID-19’s effects include a scarcity of subcontractors and materials, supply chain interruptions, and contract terminations to limit costs. The HDPE Pipes market saw negative growth during the pandemic, but it is projected to recover quickly with the restart of economic activities. Even if the pandemic’s progress has slowed significantly, the implementation of the lockdown has slowed viral transmission and reduced the number of positive cases in many places. Many governments have taken precautionary steps to prevent the pandemic from spreading over the world, including implementing lockdowns and providing free vaccination in many countries. Non-essential sectors, such as the manufacture of plastic pipes, have been impacted by the rising uncertainty surrounding the COVID-19 epidemic. This had an impact on the growth of the HDPE pipe industry. Though the epidemic has subsided in China, stakeholders are evaluating their reliance on the country for commodities and services.

Market Drivers

The use of HDPE pipes in industries such as agriculture to regulate water irrigation is also contributing to the expansion of the HDPE Pipes Market Size. The major essential factor that is positively affecting the growth of the Market Value is the characteristics of the HDPE pipes. Because HDPE pipes can withstand high-pressure water flows, they are also strong and resistant to damage caused by external loads and vibration. Furthermore, the increased use of HDPE Pipes in different sectors, such as plastic bottle manufacturing, chemical industries, and oil and gas industries, is positively impacting the growth of the market over the forecast period.

Restraints

The primary restricting factor hurting the HDPE Pipes Market is the fluctuation of raw material prices. Because they are used in the production of plastics, they hurt the environment. People are becoming more aware of the dangers of using plastics; hence their use has decreased. This also acted as a stifling element for Market expansion. Because of the pandemic’s spread, there was a shortage of raw materials, which disrupted the market and had a negative influence on the expansion of the global HDPE industry.

HDPE Pipes Market Segmentation

The global HDPE Pipes market has been segmented into product and application.

  • Based on the product, the global HDPE pipes market is divided into PE80, PE63, PE100RC, PE100, & Others. Among these, the PE100 category accounted for the largest share of the market in 2022. Raw materials made from PE 100 polyethylene are used in drinking water pipelines, desalination plants, biological treatment plants, swimming pool piping, sea discharge lines, gravity flow water lines, gas stations, irrigation lines, compressed air lines, cooling-heating lines, pre-insulated pipe sheathing. The primary distinction between PE80 and PE100 is that PE100 is more cost-effective than PE80. PE100 outperforms PE80 in terms of long-term strength and performance while allowing for thinner pipe walls at the same operating pressure. PE100 consumes less polymer and has a bigger bore and higher flow capacity.
  • Based on application, the global HDPE pipes market is classified into agriculture, water network, oil & gas pipeline, sewage/drainage, ducting, chemical processing, and others. Sewage and drainage applications will dominate the HDPE pipes market in 2022 with the largest revenue share. To expand the supply of pipes in this arena, manufacturers are increasing their output capacity. Water and gas pipeline applications provide manufacturers with consistent cash streams. In the sewage sector, there is an increasing demand for large-diameter spiral HDPE pipes for discharge collectors. On the other hand, the oil & gas industry is predicted to grow at a significant CAGR over the next few years. Companies in the oil & gas sector are attempting to use HDPE pipes as an alternative to steel pipelines. The primary rationale for using HDPE pipe in such applications is that it is less expensive than steel pipe. Chemical resistance, high tensile strength, and ease of handling are further advantages of HDPE pipes. The growing use of HDPE pipes in the oil and gas sector is expected to fuel the growth of the HDPE pipes market in the coming years.

Regional Landscape

  • Asia Pacific dominated the global HDPE Pipes market with the highest revenue share in 2022. With investments in a range of industrial and healthcare ventures, China is one of the most alluring and rapidly expanding emerging markets. The healthcare industry in China keeps expanding at a very rapid rate. China is the world’s greatest producer and consumer of agricultural products, making it another important sector of the economy. Additionally, as the country’s agricultural industry expands, so will the demand for HDPE pipes in this region.

HDPE Pipes Market: The Competitive Landscape

  • Some of the primary industry players dominating the global HDPE Pipes market include
    • Supreme Pipes
    • JM Eagle Inc
    • WL Plastics
    • Lane Enterprises, Inc
    • Apollo Pipes
    • Uponor
    • Poly Plastic Group
    • Mexichem S.A.B. de C.V
    • Prinsco Inc.
    • United Poly Systems
    • Nan Ya Plastics Corp.
    • Radius System
    • Blue Diamond Industries LLC.

Recent Developments

  • March 2021: The engineering company Momentum Environmental, dedicated to the protection and improvement of water resources, and Prinsco, Inc. have established a new partnership. Their product, the “Preserver,” was added to the Prinsco product range as a cutting-edge and reasonably priced gravity separator solution for stormwater treatment. This will expand the product portfolio as well as the customer base of the company.

The global HDPE Pipes Market is Segmented as Follows:

HDPE Pipes Market by Product Outlook (Revenue, USD Million, 2017 – 2030)

  1. PE80
  2. PE63
  3. PE100RC
  4. PE100
  5. Others

HDPE Pipes Market by Application Outlook (Revenue, USD Million, 2017 – 2030)

  1. Agriculture
  2. Water Network
  3. Oil & Gas Pipeline
  4. Sewage/Drainage
  5. Chemical Processing
  6. Others

HDPE Pipes Market by Region Outlook (Revenue, USD Million, 2017 – 2030)

  1. North America
    • United States
    • Canada
    • Mexico
  2. Europe
    • France
    • United Kingdom
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  3. Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
    • Rest of Southeast Asia
  4. The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of the Middle East & Africa
  5. Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
HDPE Pipes Market Report Scope
Report AttributeDetails
Market Size Value in 2022USD 17.19 billion
Revenue Forecast in 2030USD 26.39 billion
Growth RateCAGR of 5.5 % from 2023 to 2030
Base Year for Estimation2022
Historical Data2017 – 2022
Forecast Years2023 – 2030
Quantitative UnitsRevenue in USD million and CAGR from 2023 to 2030
Report CoverageRevenue forecast, company ranking, Trends
competitive landscape, and growth factors
Segments CoveredProduct, Application, and Region
Regional ScopeNorth America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country ScopeU.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others
Key Companies ProfiledSupreme Pipes, JM Eagle Inc., WL Plastics, Lane Enterprises, Inc., Apollo Pipes, Prinsco, Inc., Uponor, Poly Plastic Group, Mexichem S.A.B. de C.V., United Poly Systems, Nan Ya Plastics Corp., Radius System, and Blue Diamond Industries, LLC

Frequently Asked Questions

The HDPE pipes market is anticipated to grow in the forecast period due to the growing usage of these pipes in various end-use industries.
According to the report, the global HDPE pipes market size was worth USD 17.19 billion in 2022 and is estimated to grow to USD 26.39 billion by 2030, with a compound annual growth rate (CAGR) of approximately 5.5 % over the forecast period.
Asia Pacific dominated the global HDPE Pipes market with the highest revenue share in 2022. With investments in a range of industrial and healthcare ventures, China is one of the most alluring and rapidly expanding emerging markets.
Some of the major industry players dominating the global HDPE pipes market include Supreme Pipes, JM Eagle Inc., WL Plastics, Lane Enterprises, Inc., Apollo Pipes, Prinsco, Inc., Uponor, Poly Plastic Group, Mexichem S.A.B. de C.V, Prinsco Inc., United Poly Systems, Nan Ya Plastics Corp., Radius System, and Blue Diamond Industries, LLC.

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