The global Polyethylene Pipe Grade market is forecast to reach USD 30.17 Billion by 2027, according to a new report by Reports and Data. Polyethylene is expected to continue to be the most widely used plastic resin in the world, benefiting from its easy processability, versatility, recyclability, and low cost.
The market for polyethylene pipe grade is growing due to the increasing irrigation activities in the agricultural sector and large scale utility in the transportation of oil, gas, water, and other substance across the globe. The rise in demand for polyethylene pipe grade is mainly due to the changes in the consumption of water patterns, economic development, and growth in population. Moreover, the polyethylene pipes are resistant to corrosion and provide longevity and durability with easier installation.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2689
Key participants JM Eagle, Aliaxis, Nandi Group, Jain Irrigation Systems, Blue Diamond Industries, National Pipe and Plastics, Jinniu Power Industry Science and Technology, Pexmart, Chevron Phillips Chemical Company, and Kubota ChemiX, among others.
Increasing concerns regarding environment protection and growing health awareness are expected to hinder the market growth. Moreover, stringent regulations regarding the use of petrochemical products, demand for green products, and increasing investment in plastic recycling projects are the factors that are expected to challenge the market.
The Asia Pacific region is forecasted to grow with a higher CAGR owing to the rapid increase in urbanization, continuous industrial as well as residential construction, and infrastructure development in the region. Additionally, demand for oil and gas exploration and production activities is expected to propel market demand.
Market Overview:
The materials and chemical sector is rapidly gaining traction in the last few years and is expected to register significant revenue growth over the forecast period primarily due to increasing demand for raw materials and chemicals across various industrial sectors such as media and healthcare, biotechnology and pharmaceutical, food and beverages, paper and pulp among others. In addition, rising demand for organic products owing to increasing awareness about excess carbon emission, increasing investments in RD activities, and rising per capita income are expected to fuel market growth going ahead.
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/polyethylene-pipe-grade-market
Further key findings from the report suggest
- Polyethylene is a thermoplastic material produced from the polymerization of ethylene. The plastic pipe is manufactured by the extrusion in size, ranging to a varied size. It is available in rolled coils of different lengths or in straight lengths. Usually, large diameters are in straight lengths, and small diameters are coiled.
- The raw material of Polyethylene is used in drinking water pipelines, biological treatment plants, desalination plants, sea discharge lines, compressed air lines, swimming pool piping, gas stations, gravity flow water lines, cooling-heating lines, irrigation lines, and pre-insulated sheathing for pipes.
- Polyethylene material that is used in the pressure pipe networks have a rich history of innovation over the past decades. Continuous development has let manufacturers of polyethylene products to address new applications and develop new markets.
- Polyethylene pipe is chemically inert, which means that there are no off leaching or gassing, making it a safe choice for plumbing and is considered as the best pipe material for the supply of drinking water. These pipes are flexible and can be pulled around the corners eliminating the need to purchase fittings while offering a better water flow. It is considered the best for underground water supply.
- The market for polyethylene pipe grade market in North America is expected to grow during the forecast period due to the growth in the usage of the pipes in several industrial applications such as cosmetics, food and packaging, and for the construction industry.
Download Summary Report @ https://www.reportsanddata.com/download-summary-form/2689
For the purpose of this report, Reports and Data have segmented into the global Polyethylene Pipe Grade market on the basis of grade, application, pressure, diameter, and region:
Grade Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- PE 32
- PE 40
- PE 63
- PE 80
- PE 100
- PE 112
- PE 125
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Sewage Systems
- Oil and Gas
- Agriculture
- Industrial
- Building and Construction
- Water Supply
- Mining
Pressure Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- High pressure
- Medium pressure
- Low pressure
Diameter Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- Small diameter
- Large diameter
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
- North America
- Europe
- Asia Pacific
- MEA
- Latin America
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/2689
Thank you for reading our report. Customization of this report is available. Please get in touch with us for further inquiry.
Explore Reports and Data's Prime Analysis of the global Materials and Chemicals Industry:
Fiber Glass Market Share @ https://www.reportsanddata.com/report-detail/fiber-glass-market
Taxifolin Market Demands @ https://www.reportsanddata.com/report-detail/taxifolin-market
Plastic Recycling Market Forecast @ https://www.reportsanddata.com/report-detail/plastic-recycling-market
About Reports and Data
Polyethylene Pipe Grade Market
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Check our upcoming research reports @ https://www.reportsanddata.com/upcoming-reports
Read More Related Reports:
Low-VOC Coating Additive Market Share
Cadmium Pigments Market Demands
