Glaring Drawbacks of Steel and PVC Lines Pipes to Augment Demand for Polyethylene Pipes & Fittings Market

In recent years, water distribution techniques and infrastructure have witnessed considerable innovations in both, developed as well as developing regions of the world. At present, corrosion steel water pipes within the piping systems are gradually being replaced with pipes made from polyethylene (PE) across the nuclear power plants across the U.S., due to mounting safety concerns and high operational costs. In addition, the degree of physical maintenance required for degraded steel water pipes coupled with the ascending operational costs is some of the leading factors due to which, the polyethylene pipes & fittings market is expected to witness considerable growth in the upcoming years.

PE pipes and fittings are increasingly being used across the oil & gas sector, owing to the durability, flexibility, resistance to abrasion, and economical benefits over lined steel pipes. At present, manufacturers operating in the current market landscape are focusing on addressing the challenges put forward by the existing joining techniques. The advent of new mechanical joining concepts and technologies is expected to play a key role in the growth of the global polyethylene pipes & fittings market. Manufacturers are also anticipated to launch pipes in different sizes in tune with the current demands. At the back of these factors, the global polyethylene pipes & fittings market is expected to attain a market value of ~US$ 20 Bn by the end of 2030.

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PE Pipes and Fittings Gain Popularity across Developed Regions as Demand for Sub-standard PVC Pipes Declines

Since the entry of PE pipes into the market in the 1970s, PE pipes and fittings have gained continued to gain a great amount of popularity. At present, governments across the world are increasingly investing resources in replacing old piping systems with pipes and fittings made from advanced materials such as polyethylene. Over the past decade, PE pipes and fittings are replacing pipes and fittings made from polyvinyl chloride (PVC) in various nations across the world. In comparison with market share, PE pipes held a decade ago. However, within the piping industry, the market share of PE pipes and fittings continues to move in the upward trajectory.

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As the manufacturing process of PE pipes and fittings is comparatively easier than of PVC pipes, PE pipes continue to gain acceptance worldwide. At present, PE pipes are considered to be the gold standard for underground water supply in multiple nations, including Australia, Canada, and the U.S. In Australia, as the unorganized market, which is primarily responsible for the manufacturing of PVC pipes continues to launch sub-standard products, demand for high-quality PE pipes and fittings is on the rise. Some of the other factors that are likely to propel the growth of the global polyethylene pipes & fittings market include a surge in the number of infrastructural and development activities and environmental safety programs.

Pipe Replacement Projects in U.S. on Rise as Governments Focus on Upgrading Existing Piping Systems

As per the study published by the American Water Works Association (AWWA), at present, pipe replacement activities have shifted gears across the U.S. Outdated water distribution infrastructure and systems are being replaced with improved and upgraded piping systems due to which, the demand for PE pipes and fittings is on the rise. While developed regions are expected to provide abundant opportunities, the developing regions are also expected to provide lucrative opportunities.

The evolving market landscape is likely to pave the way for mergers & acquisitions and augment domestic manufacturing. Although the adoption of PE pipes and fittings is expected to remain significantly high for water and gas distribution applications, the demand for PE pipes and fittings for an array of applications such as drip irrigation, leach mining, etc., is likely to grow at a rapid pace. These factors are projected to fuel the growth of the polyethylene pipes & fittings market during the forecast period.

Manufacturers Focus on Supply Chain Bottlenecks amid COVID-19 Pandemic

The advent of the novel coronavirus pandemic is expected to dent the growth of the global polyethylene pipes & fittings market particularly in 2020. At present, manufacturers are increasingly focusing on addressing the supply chain bottlenecks put forth by the COVID-19 pandemic. As the demand for PE pipes for an array of applications was on the rise prior to the COVID-19 pandemic, at present, the demand is declining. Disruptions in the supply chains caused by lockdowns and trade restrictions enforced by the government bodies are expected to hamper the market growth in the first half of 2020. As industries in China reopen post the lockdown period, sourcing of raw materials is anticipated to improve in the upcoming months.

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Analysts’ Viewpoint

The global polyethylene pipes & fittings market is expected to grow at a moderate CAGR of ~6% during the forecast period. Soaring demand for PE pipes and fittings for water and gas distribution worldwide is anticipated to propel the polyethylene pipes & fittings market. In addition, as governments across the world continue to invest resources in replacing the outdated piping systems, the demand for PE pipes and fittings is on the rise.

Polyethylene Pipes & Fittings Market: Overview

  • Polyethylene pipes and fittings are a leading means of carrying and transportation of chemicals, water, and gases. One of the major advantages of utilizing polyethylene pipes and fittings is that they are 6–8 times lighter than the conventional cast iron or galvanized iron pipes. In addition, polyethylene pipes and fittings are non-corrosive in nature, which makes them suitable for water transportation.
  • The global polyethylene pipes & fittings market is expected to expand at a significant pace during the forecast period, due to increase in the demand for polyethylene pipes and fittings in various industries such as residential and commercial buildings, oil & gas, and agriculture
  • Asia Pacific held a major share of the global polyethylene pipes & fittings market in 2019. The market in the region is anticipated to expand at a rapid pace during the forecast period, owing to growing building & construction industry in Asia Pacific.

Key Growth Drivers of Polyethylene Pipes & Fittings Market

  • Polyethylene pipes and fittings are extensively utilized in drain-waste-vents (DWVs), sewers, water service lines, water mains, conduits, and industrial installations. Significant demand for polyethylene pipes and fittings in various industries and ongoing infrastructure development in developing countries are projected to drive the demand for polyethylene pipes and fittings worldwide during the forecast period.
  • The EPA, REACH, and other regulatory bodies have formulated separate guidelines for use of various plastic materials in industries in order to safeguard the interest of consumers. This has fueled the demand for polyethylene pipes and fittings in various applications. Furthermore, high demand for polyethylene pipes and fittings was witnessed in Asia Pacific in 2019, owing to expansion of construction and irrigation sectors in the region.

Major Challenges for Polyethylene Pipes & Fittings Market

  • Volatile prices of raw materials attributable to fluctuation in prices of crude oil are expected to hamper the global polyethylene pipes & fittings market during the forecast period. On the other hand, innovations and technological advancements in polyethylene pipes provide future growth opportunities to the polyethylene pipes & fittings market.

Lucrative Opportunities for Polyethylene Pipes & Fittings Market

  • Companies operating in the global polyethylene pipes & fittings market need to primarily focus on their marketing strategies in order to gain higher market share. Furthermore, manufacturers have an opportunity to increase their sales workforce by expanding and strengthening their distribution networks.

Asia Pacific to Dominate Polyethylene Pipes & Fittings Market

  • Asia Pacific dominated the global polyethylene pipes & fittings market in 2019. Increase in infrastructure construction activities is a major factor driving the construction sector in the region. This, in turn, is expected to boost the demand for polyethylene pipes and fittings in Asia Pacific during the forecast period.
  • Innovations and technological advancements are key strategies that are driving the polyethylene pipes & fittings market in North America. Availability of advanced production technologies has enabled companies operating in the region to expand their footprint.
  • Latin America is ideal to grow a variety of agricultural products, owing to large availability of lands that are rich in minerals and other raw materials in the region. Growth of the agricultural sector in the region is expected to propel the demand for polyethylene pipes and fittings in Latin America during the forecast period.

Demand for High Density Polyethylene to Increase

  • High density polyethylene witnesses substantial demand for use in polyethylene pipes and fittings across the globe. High density polyethylene has varying mechanical and chemical properties. It offers flexibility, good temperature resistance, and pressure impact resistance at a reasonable price. Furthermore, high density polyethylene pipes have good aesthetic appeal and finish, which makes them a better alternative for metal pipes.
  • However, pipes and fittings made of LDPE, LLDPE, CPE, and PEX offer specific advantages over HPDE pipes and fittings, as they are more eco-friendly, lighter in weight, and more flexible. Additionally, LDPE pipes are more suitable than HDPE pipes for use in oil & gas and chemical industries, ground and underground installations, and indoor piping applications.

Extensive Use of Polyethylene Pipes & Fittings in Water Distribution

  • Rise in the demand for water irrigation systems in the global agriculture sector is expected to drive the global polyethylene pipes & fittings market during the forecast period. Rapid urbanization is anticipated to drive the demand for water supply, leading to increase in of the demand for polyethylene pipes and fittings in the next few years.
  • Polyethylene pipes and fittings are extensively utilized in the distribution of oil and natural gas, as these pipes are inherently tough, resilient, and resistant to damage caused by external loads and vibrations. This is expected to fuel the demand for polyethylene pipes and fittings across the globe in the near future. Additionally, these pipes are employed in desalinating of seawater, treatment of wastewater, and supply of water for irrigation and residential and commercial buildings.

Players Operating in Polyethylene Pipes & Fittings Market Engage in Technological Advancements and R&D Activities

  • Key players operating in the global polyethylene pipes & fittings market are 
    • Dow Chemical Company
    • Advanced Drainage Systems, Inc.
    • BLUE DIAMOND INDUSTRIES, LLC
    • Apollo Pipes
    • Supreme Pipes
    • Watts Water Technologies, Inc.
    • Uponor
    • Quick Fitting Inc. 
  • Manufacturers are focusing on expanding their distribution networks in regions with high demand for polyethylene pipes and fittings.

Polyethylene Pipes & Fittings Market – Scope of the Report

A latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the global polyethylene pipes & fittings market in order to accurately gauge its growth potential. The study presents detailed information about the important growth factors, restraints, and trends that are creating a landscape for future growth of the global polyethylene pipes & fittings market to identify growth opportunities for market stakeholders. The report also provides insightful information about how the global polyethylene pipes & fittings market would expand during the forecast period i.e. from 2020 to 2030.

The report offers intricate dynamics about different aspects of the global polyethylene pipes & fittings market, which aids companies operating in the market in making strategic development decisions. TMR’s study also elaborates on significant changes that are anticipated to configure growth of the global polyethylene pipes & fittings market during the forecast period. It also includes a key indicator assessment that highlights growth prospects for the global polyethylene pipes & fittings market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (Kilo Tons).

This study covers a detailed segmentation of the global polyethylene pipes & fittings market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global polyethylene pipes & fittings market, wherein various development, expansion, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Questions Answered in TMR’s Report on Polyethylene Pipes & Fittings Market

The report provides detailed information about the global polyethylene pipes & fittings market on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth potential of the global market. Information mentioned in the report answers path-breaking questions for companies that are currently operating in the market and are looking for innovative methods to create a unique benchmark in the global polyethylene pipes & fittings market to help them design successful strategies and make target-driven decisions.

  • Which material and product segments of the global polyethylene pipes & fittings market would emerge as major revenue generators for the market during the forecast period?
  • How are key market players successfully earning revenues out of advantages of polyethylene pipes and fittings?
  • What would be the Y-o-Y growth trend of the global polyethylene pipes & fittings market between 2020 and 2030?
  • What are the winning imperatives of leading players operating in the global polyethylene pipes & fittings market?
  • Which application segment is expected to create lucrative opportunities for the global polyethylene pipes & fittings market during the forecast period?
  • Which are leading companies operating in the global polyethylene pipes & fittings market?

Research Methodology – Polyethylene Pipes & Fittings Market

The research methodology adopted by analysts for compiling the report on the global polyethylene pipes & fittings market is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global polyethylene pipes & fittings market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales & marketing managers. Based on the data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global polyethylene pipes & fittings market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global polyethylene pipes & fittings market.

Polyethylene Pipes & Fittings Market – Segmentation

TMR’s research study assesses the global polyethylene pipes & fittings market in terms of material, product, application, and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects for the global polyethylene pipes & fittings market.

Material

Low Density Polyethylene (LDPE)

Linear Low Density Polyethylene (LLDPE)

High Density Polyethylene (HDPE)

Others (including UHMWPE, PEX, and CPE)

Product

Pipes

Fittings

  • Quick Connect Fittings
  • Transition Fittings
  • Buttfusion Fittings
  • Electrofusion Fittings
  • Others (including Flange and Extrusion)

Application

Water Distribution

Gas Distribution

Region

North America

Latin America

Europe

Asia Pacific

Middle East & Africa

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