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High Density Polyethylene Pipes Market - Forecast(2024 - 2030)
High Density Polyethylene Pipes Market Overview
High Density Polyethylene Pipes Market size is forecast to reach $ 20,460.4 million by 2025, after growing at a CAGR of 4.5% during 2020-2025. High Density Polyethylene (HDPE) pipes are mainly used in the oil and gas industries due to its ability to withstand demanding service conditions such as high corrosion resistivity and zero reactive properties, and long service periods. So, with the increasing crude oil production enhances the demand for HDPE pipes is also expected to increase. High-density polyethylene pipe can meet and withstand many challenges and has several proven advantages for mining and industrial applications, the pipe provides abrasion resistance, chemical resistance, surge resistance, lower cost, and so on. The ongoing plan for the execution of 5G network will the high higher opportunity for the growth of HDPE conduit. Currently, APAC countries are highly contributing to start 5G project as soon as possible, which tends to increase the demand of HDPE conduit in the rapid pace.
High Density Polyethylene Pipes Market Report Coverage
The report “High Density Polyethylene Pipes Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the High Density Polyethylene Pipes Industry.
By Grade: PE100, PE80, PE63, PE32 and Others
By Diameter: Small Diameter Pipes (up to 15 Inches) and Large Diameter Pipes (15 inches and above)
By Pressure Rating: High, Medium, and Low
By End User: Potable Water, Wastewater, Oil & Gas, Mining & Industrial, Power & Communications, Irrigation, and Others
By Geography: North America, South America, Europe, Asia Pacific (APAC), and Rest of World
Key Takeaways
- In recent decades, high density polyethylene (HDPE) pipe has been the preferred piping solution for both public and private sewage and wastewater systems. Although more conventional materials, such as concrete, ductile iron are prone to corrosion, fatigue and chemical attack, the aforementioned make it the perfect low-maintenance investment for any municipal or private sewer owner.
- In September 16 2020, Fortune Agribusiness announced its planning to invest $150 million to develop a high-value, 3,500-hectare (8,649-acre) irrigated fruit and vegetable farming operation at its 294,000-hectare (726,490-acre) Singleton Station in the Western Davenport region of Australia’s Northern Territory. The growing agricultural activity and investment planning in the current time can be the growth opportunity factor to increase the growth of HDPE pipes in upcoming years.
- Due to COVID-19 palindrome, for High Density Polyethylene Pipes, customer shutdowns, record declines in consumer spending, and lack of capital expenditures are trends all having a negative impact on the markets. Within the broad scope of industrial segments, markets related to oil and gas, mining & industrial have been notably impacted.
High Density Polyethylene Pipes Market Segment Analysis - By Grade
PE100 grade held the largest share in the High Density Polyethylene Pipes Market in 2019. PE 100 Polyethylene raw materials 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 sheathing for pipes. The main difference between PE80 and PE100 is that PE100 is more economical than PE80. PE100 offers additional long-term strength and performance over PE80 while allowing for thinner pipe walls for the same operating pressure. PE100 uses less polymer and provides for a larger bore and increased flow capacity. PE100 pipes are often rated SDR11 PN16 and have a MRS of 10.0MPa. PE80 and PE100 products are not recommended for continuous pressure operation at temperatures above 60°C for liquids, including sewerage and industrial effluents, or 30°C for gaseous fluids. PE100 has advantages over PE80 at low temperatures since it is extremely crack resistant down to -30°C.
High Density Polyethylene Pipes Market Segment Analysis - By Diameter
Small Diameter Pipes (up to 15 Inches) held the largest share in the High Density Polyethylene Pipes Market in 2019. Small diameter pipes include HDPE pipes up to 15 inches. Small diameter HDPE pipes can provide lower cost and alleviate problems with today’s older and failing pipeline infrastructure. As it is an excellent choice for replacing the oversized pipe with a smaller diameter which can greatly improve carrying capacity. Waster distribution systems consist of either force mains or gravity sewers. The first relies on applied pressure heads induced by water pumps to generate flow in the pipes. The second relies on gravity to allow for water flows. In smaller diameter pipes force mains tend to be smaller since the applied pressure can cause high-flow velocities even in less pressure in small diameter pipes. Small diameter pipes make it possible to perform extensive municipal water, sewer, and industrial pipe repairs rapidly while causing minimal disturbances. Small diameter pipes are widely used in housing units and irrigation.
High Density Polyethylene Pipes Market Segment Analysis - By Pressure Rating
High pressure rating held the largest share in the High Density Polyethylene Pipes Market in 2019. HDPE Pipes are classified by pressure rating (PN) corresponding to the maximum permissible working pressure. HDPE Pipes are produced at different work pressures (PN), and this work pressure (PN) is tolerable for pipes at temperatures of 20 °C. This temperature is best for polyethylene pipes. Various types of pipes have different PN grades and also different wall thickness, which is why the strength, power and flexibility of pipes are varied. Hence, the higher the PN, the greater the thickness of polyethylene pipe. In addition, color codes are used to indicate pressure ratings such as yellow for PN4, red for PN6, blue for PN10, and Green for PN16. High pressure rating pipe includes PN greater than 10 bar. Medium pressure rating pipe includes PN up to 6 bar. Whereas, low pressure rating pipe includes max pressure up to and below 4 bar.
High Density Polyethylene Pipes Market Segment Analysis - By End User
Potable Water Sector held the largest share in the High Density Polyethylene Pipes Market in 2019 and is expected to rise at a CAGR of 5.0% in terms of revenue during the forecast period from 2020-2025. High-density polyethylene (HDPE) solid wall pipe has been used in applications for potable water and has been gaining municipal approval and development. For potable water, HDPE was initially limited to cold water service applications, as early formulations were not strong enough for the high temperatures of hot water systems. In use in potable water applications, high-density polyethylene (HDPE) pipe has become the ideal material for piping systems used to transport drinking water. As a tough and resilient material capable of lasting 100 years or more with minimal maintenance, HDPE pipe has proven to be superior to many other piping materials as a means transporting and distributing potable water.
The long service life and low maintenance costs, coupled with its’ ability to be installed with a variety of trench-less technologies, leads to increase the demand of HDPE pipe in potable water piping system. With the largest population, China’s domestic water demands raises over 70 billion m³ per year followed by U.S, which is not much populated but the demand of water is higher. In addition, India is the next high populated country after China and the third highest domestic water demanding country. The growing demand of domestic water leads to increase the demand of transport drinking water system, which leads to increase the demand of HDPE pipes.
High Density Polyethylene Pipes Market Segment Analysis - By Geography
APAC dominated the High Density Polyethylene Pipes Market with a share of 45.7% in 2019 and is projected to dominate the market during the forecast period (2020-2025). China is one of the attractive and fastest growing among the emerging markets with the investments on various industrial and heath care projects. China’s healthcare sector continuous to develop at a very high growth rate. Agriculture is another major industry in China’s economy with the country being both the largest consumer and producer of agricultural products in the world. And with the growing agriculture sector in this country the HDPE pipes demand will also increase in this region. Agriculture in Japan plays a significant role and contributes approximately 1.4% of the national GDP and about 12% of the land in the country is appropriate for farming. HDPE is resistant to environmental temperature changes, load tolerances, and expanding and contracting soils. Most importantly, HDPE Pipe will not break even when water in the lines freeze. These features and more make HDPE a superior choice over steel or ductile iron pipe for irrigation projects. In November 2019, Major works to expand and modernize Nyakomba Irrigation Scheme in Nyanga, in which US$18 million was injected by Japan. These investments will further increase the demand for HDPE pipes in japan.
High Density Polyethylene Pipes Market Drivers
Aging water infrastructure and flourishing irrigation sector
The HDPE (High-Density Polyethylene) pipes are used as a medium for supplying drinking water. Various countries in America are facing the problem with the water which is affecting the individual household and communities. According to U.S EPA, due to leaks and breaks, U.S. water utilities, in aggregate, lose more than a quarter of processed water between treatment plants and the tap every day. Potable water pipe renewal costs may reach more than $1 trillion in the coming decade. Thus, there is a need for a reliable and durable pipe material. High Density Polyethylene (HDPE) pipe is one such material to consider. In 2019, the United States Environmental Protection Agency (EPA) announced the availability of more than USD 95 Million in new funds to help the State of Michigan, such government initiatives to improve the drinking water and wastewater infrastructure is expected to drive the growth of HDPE pipes market in the North America region.
The United States totally depends upon the underground pipes for their water supply, but the network of these underground pipes has reached the end of their useful life, which is resulting in various health problems. Further, increasing spending on the water infrastructure and wastewater treatment is believed to impetus the growth of the HDPE pipes market over the upcoming years. According to the Pengurusan Aset Air Berhad (PAAB), Johor (Malaysia) has added an additional 224.6 MLD of treated water capacity or 25% or more compared to the treated water capacity present in 2012. With an additional 61.8MLD being constructed, and 340 MLD to be constructed, Johor will see a total increase in treated water capacity of 626.4 MLD or 35% by 2022, in order to meet the increased demand from the growing population and state economy. In December 2019, the Asian Development Bank (ADB) has approved a $119.16 million financing package to help modernize and improve the climate and disaster resilience of irrigation systems in four provinces in Cambodia, which will help supply water to 43,500 hectares (ha) of farm land benefiting 290,000 people. Thus, aging water infrastructure and flourishing irrigation sector is driving the HDPE pipes market growth.
Rising investments for infrastructure development
The HDPE pipes offer various functional advantages such as sustainability, durability, and flexibility along with superior resistance to corrosion and abrasion. Apart from this, the HDPE piping systems also provide long service life, excellent joint performance, and offer leak-free protection. Due to the continuous infrastructure development in the developing countries, the demand for plastic pipes has increased exponentially, and the demand for high-density polyethylene (HDPE) pipes is also increasing. In 2019, China government invested 1.9 billion on 13 public housing projects and approved to invest $142 billion in 26 infrastructure projects. In addition, according to India Brand Equity Foundation (IBEF), India plans to spend US$ 1.4 trillion on infrastructure in the next five years. Furthermore, construction projects such as ‘100 smart cities’ and ‘Housing for All by 2022’ in India are influencing High Density Polyethylene Pipes demand.
In addition, the United States is witnessing noticeable investment for residential construction, and the trend is expected to remain the same in the near future. For instance, according to U.S Census bureau, in January 2020 value of construction put in place in residential and nonresidential construction increased to $567,555 million and $470,986 million from $546,532 million and $466,436 million in December 2019. Mexico is also witnessing high housing demand, therefore attracting noticeable investment into construction. For instance, In January 2019, Inter-American Development Bank (IDB) granted local currency financing program to the Mexican company Procsa up to 150 million Mexican pesos ($7.8 million), in order to finance for land acquisition, development and commercialization of housing for low and middle income families in the country.Therefore, the growth in construction projects and investments, is driving High Density Polyethylene Pipes Market growth.
High Density Polyethylene Pipes Market Challenges
The fluctuating raw material cost
Price and availability of raw materials are major factors that affect the price of the end products. The major challenge for the High Density Polyethylene Pipes Market is the oscillating price trends of raw materials, which are fluctuating due to volatile energy prices. High-density polyethylene (HDPE) pipes are made from the polymerization of ethylene which is obtained from oil. Ethylene has the general formula of crude oil of 97% polyethylene. The production of raw materials, entirely depends on the availability and price of crude oil. According to other types of raw materials as well as their field of high performance and long life due to the strength of economy most preferably 97% of the product which is used crude for the production of the polyethylene raw material. So the production of polyethylene raw materials, the availability and the price depends entirely on crude oil. According to, BP Statistical Review of World Energy, in the recent year there is been an increase in the price volatility of crude oil, such as the crude oil price decreased from $98.95 in 2014 to $52.39 in 2015 and increased from $43.73 in 2016 to $71.31 in 2018. Therefore, the fluctuation in raw materials prices is affecting High Density Polyethylene Pipes price which is limiting its market growth.
High Density Polyethylene Pipes Market Landscape
Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the High Density Polyethylene Pipes Market. In 2019, the market of high density polyethylene pipes has been consolidated by the top five players accounting for 25% of the share. Major players in the High Density Polyethylene Pipes Market are Advanced Drainage Systems, Inc., JM Eagle Inc., WL Plastics, Chevron Phillips Chemical Company, China Lesso Group Holdings Limited, Georg Fischer Central Plastics LLC, Blue Diamond Industries LLC, United Poly Systems, LLC, Infra Pipe Solutions Ltd., Charter Plastics, Inc., among others.
Acquisition/Product Launches
- In March 2020, GF Piping Systems, a division of GF, has signed a partnership agreement with Oxford Flow Limited., based in Oxford (UK). Its innovative pressure-regulating valve allows utility companies to reduce water loss, a major problem around the globe. As part of the agreement, GF will acquire in two steps a 23% minority stake in the company.
- In November 2020, GF Piping Systems, a division of GF, has signed a joint venture with Corys Investments LLC, located in Dubai (United Arab Emirates), and Egypt Gas, Cairo (Egypt). The joint venture, in which GF will take the industrial lead, will invest in a new production site for plastic pipes to participate in the soaring Egyptian gas and water distribution market.
- In August 2019, Chevron Phillips Chemical Company has invested more than $30 million in major capital improvements across its nine U.S. facilities in order to continue to provide quality products to the gas distribution, industrial, water and energy markets. Increasingly challenging applications have required the durability provided by high-density polyethylene (HDPE) pipe, which has led the company to enhance its capabilities across the country.
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1. High Density Polyethylene Pipes Market- Market Overview
1.1 Definitions and Scope
2. High Density Polyethylene Pipes Market- Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by Grade
2.3 Key Trends by Diameter
2.4 Key Trends by Pressure Rating
2.5 Key Trends by End User
2.6 Key Trends by Geography
3. High Density Polyethylene Pipes Market- Landscape
3.1 Comparative analysis
3.1.1 Market Share Analysis- Top Companies
3.1.2 Product Benchmarking- Top Companies
3.1.3 Top 5 Financials Analysis
3.1.4 Patent Analysis- Top Companies
3.1.5 Pricing Analysis
4. High Density Polyethylene Pipes Market- Startup companies Scenario Premium Premium
4.1 Top startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. High Density Polyethylene Pipes Market– Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top companies
6. High Density Polyethylene Pipes Market- Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Market Opportunities
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. High Density Polyethylene Pipes Market-Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Market life cycle
7.4 Suppliers and distributors Analysis
8. High Density Polyethylene Pipes Market- By Grade (Market Size -$Million, KT)
8.1 PE100
8.2 PE80
8.3 PE63
8.4 PE32
8.5 Others
9. High Density Polyethylene Pipes Market- By Diameter (Market Size -$Million, KT)
9.1 Small Diameter Pipes (up to 15 Inches)
9.2 Large Diameter Pipes (15 inches and above)
10. High Density Polyethylene Pipes Market- By Pressure Rating (Market Size -$Million, KT)
10.1 High
10.2 Medium
10.3 Low
11. High Density Polyethylene Pipes Market- By End-User (Market Size -$Million, KT)
11.1 Potable Water
11.2 Wastewater
11.3 Oil & Gas
11.4 Mining & Industrial
11.5 Power & Communications
11.6 Irrigation
11.7 Others
12. High Density Polyethylene Pipes Market- By Geography (Market Size -$Million)
12.1 North America
12.1.1 U.S.
12.1.2 Canada
12.1.3 Mexico
12.2 South America
12.2.1 Brazil
12.2.2 Argentina
12.2.3 Colombia
12.2.4 Chile
12.2.5 Rest of South America
12.3 Europe
12.3.1 U.K.
12.3.2 Germany
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 Russia
12.3.7 Netherlands
12.3.8 Belgium
12.3.9 Rest of Europe
12.4 Asia Pacific (APAC)
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Australia & New Zealand
12.4.6 Indonesia
12.4.7 Malaysia
12.4.8 Taiwan
12.4.9 Rest of APAC
12.5 Rest of World
12.5.1 Middle East
12.5.2 Africa
13. High Density Polyethylene Pipes Market- Entropy
13.1 New Product Launches
13.2 M&A’s, Collaborations, JVs and Partnerships
14. Market Share Analysis Premium
14.1 Market Share by Country- Top companies
14.2 Market Share by Region- Top companies
14.3 Market Share by type of Product / Product category- Top companies
14.4 Market Share at global level- Top companies
14.5 Best Practices for companies
15. High Density Polyethylene Pipes Market- List of Key Companies by Country Premium
16. High Density Polyethylene Pipes Market- Company Analysis
16.1 Market Share, Company Revenue, Products, M&A, Developments
16.2 Company 1
16.3 Company 2
16.4 Company 3
16.5 Company 4
16.6 Company 5
16.7 Company 6
16.8 Company 7
16.9 Company 8
16.10 Company 9
16.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
LIST OF TABLES
1.Global Hdpe Pipe Market, By Type Market 2023-2030 ($M)1.1 Pe 80 Market 2023-2030 ($M) - Global Industry Research
1.2 Pe100 Market 2023-2030 ($M) - Global Industry Research
1.3 Pe 63 Market 2023-2030 ($M) - Global Industry Research
2.Global Hdpe Pipe Market, By Type Market 2023-2030 (Volume/Units)
2.1 Pe 80 Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Pe100 Market 2023-2030 (Volume/Units) - Global Industry Research
2.3 Pe 63 Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Hdpe Pipe Market, By Type Market 2023-2030 ($M)
3.1 Pe 80 Market 2023-2030 ($M) - Regional Industry Research
3.2 Pe100 Market 2023-2030 ($M) - Regional Industry Research
3.3 Pe 63 Market 2023-2030 ($M) - Regional Industry Research
4.South America Hdpe Pipe Market, By Type Market 2023-2030 ($M)
4.1 Pe 80 Market 2023-2030 ($M) - Regional Industry Research
4.2 Pe100 Market 2023-2030 ($M) - Regional Industry Research
4.3 Pe 63 Market 2023-2030 ($M) - Regional Industry Research
5.Europe Hdpe Pipe Market, By Type Market 2023-2030 ($M)
5.1 Pe 80 Market 2023-2030 ($M) - Regional Industry Research
5.2 Pe100 Market 2023-2030 ($M) - Regional Industry Research
5.3 Pe 63 Market 2023-2030 ($M) - Regional Industry Research
6.APAC Hdpe Pipe Market, By Type Market 2023-2030 ($M)
6.1 Pe 80 Market 2023-2030 ($M) - Regional Industry Research
6.2 Pe100 Market 2023-2030 ($M) - Regional Industry Research
6.3 Pe 63 Market 2023-2030 ($M) - Regional Industry Research
7.MENA Hdpe Pipe Market, By Type Market 2023-2030 ($M)
7.1 Pe 80 Market 2023-2030 ($M) - Regional Industry Research
7.2 Pe100 Market 2023-2030 ($M) - Regional Industry Research
7.3 Pe 63 Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US HDPE Pipes Market Revenue, 2023-2030 ($M)2.Canada HDPE Pipes Market Revenue, 2023-2030 ($M)
3.Mexico HDPE Pipes Market Revenue, 2023-2030 ($M)
4.Brazil HDPE Pipes Market Revenue, 2023-2030 ($M)
5.Argentina HDPE Pipes Market Revenue, 2023-2030 ($M)
6.Peru HDPE Pipes Market Revenue, 2023-2030 ($M)
7.Colombia HDPE Pipes Market Revenue, 2023-2030 ($M)
8.Chile HDPE Pipes Market Revenue, 2023-2030 ($M)
9.Rest of South America HDPE Pipes Market Revenue, 2023-2030 ($M)
10.UK HDPE Pipes Market Revenue, 2023-2030 ($M)
11.Germany HDPE Pipes Market Revenue, 2023-2030 ($M)
12.France HDPE Pipes Market Revenue, 2023-2030 ($M)
13.Italy HDPE Pipes Market Revenue, 2023-2030 ($M)
14.Spain HDPE Pipes Market Revenue, 2023-2030 ($M)
15.Rest of Europe HDPE Pipes Market Revenue, 2023-2030 ($M)
16.China HDPE Pipes Market Revenue, 2023-2030 ($M)
17.India HDPE Pipes Market Revenue, 2023-2030 ($M)
18.Japan HDPE Pipes Market Revenue, 2023-2030 ($M)
19.South Korea HDPE Pipes Market Revenue, 2023-2030 ($M)
20.South Africa HDPE Pipes Market Revenue, 2023-2030 ($M)
21.North America HDPE Pipes By Application
22.South America HDPE Pipes By Application
23.Europe HDPE Pipes By Application
24.APAC HDPE Pipes By Application
25.MENA HDPE Pipes By Application
26.Jm Eagle, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Wl Plastic, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Lane Enterprises, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Prinsco, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Uponor, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Poly Plastic Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Mexichem S.A.B. De C.V, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.United Poly System, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Radius System, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Blue Diamond Industries, Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)