Polyethylene Pipe Grade Market Sales,Analysis,Company Profiles, Launches, & Forecast Till 2027
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.
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.
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Top Companies:
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.
Market Insights:
Rising
global energy demand, increasing regulatory & environmental pressure and
highly volatile oil & gas prices have put great "deal" to other
alternative energy sources. There is increased awareness and commitments across
firms regarding "Green" energy sources. The demand for green has been
driven by environmental pollution caused by conventional energy sources. The
energy industry is largely controlled by utilities sector and government in
most of the emerging nations like BRIC nations .However, dynamics are
drastically changing driven by new policy changes, relaxing the FDI norms in
the sector, increased privatization, new capital investments of power projects
by both public & private, smart grid to better manage services & reduce
transmission losses, use of smart metering and and growing electricity demand.
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The
report offers a 360-degree overview of the market and focuses on major growth
trajectories such as drivers, restraints, challenges, and future opportunities.
It provide intensive market data and
detailed analysis on fast emerging renewable energy segments, covering their
integral sub-segments like capacity, industry and financial performance, sales
and distribution channels, and cost & prices. It also throws light on
interesting insights into the market, current market trends, sales statistics,
and major industry developments. The report lists the names of significant
players operating in the market and the prime strategies adopted by them to
gain a competitive edge in the market. It further emphasizes on market
segmentation based on factors such as type, technology, application, end-use,
and region in detail. For more information on the report, log on to the company
website.
Regions covered by the
report:
North
America (U.S.A.,
Canada, Mexico)
Europe
(U.K., Italy, Germany, France, Rest of
Europe)
Asia
Pacific (India,
Japan, China, South Korea, Australia, Rest of APAC)
Latin
America (Chile,
Brazil, Argentina, Rest of Latin America)
Middle
East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Polyethylene Pipe Grade
Market Segmentation:
Grade
Outlook
PE 32
PE 40
PE 63
PE 80
PE 100
PE 112
PE 125
Application
Outlook
Sewage Systems
Oil and Gas
Agriculture
Industrial
Building and Construction
Water Supply
Mining
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