Global Thermoplastic Pipes Market Outlook, Opportunity and Demand Analysis, Forecast 2019-2025
Thermoplastic Pipes Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of thermoplastic pipes market by type (polyvinyl chloride (PVC), polyethylene (PE), polyamides (PA), polypropylene (PP), polyvinylidene fluoride (PVDF), and other types), applications (oil & gas, municipal, chemical, and mining & dredging) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the thermoplastic pipes market it includes the five years Industry analysis and the 6 years annual forecast from to 2025. Some of the prominent participants in the global thermoplastic pipes market are KWH Pipe, Chevron Philips Chemical Company, Technip, Advanced Drainage Systems Inc., IPEX Inc., Prysmian Group, National Oilwell Varco, Georg Fischer Piping Systems Ltd., Aetna Plastics, Airborne Oil & Gas B.V., and other companies. The global thermoplastic pipes market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
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Thermoplastic Pipes Market: Drivers, Restrain and Opportunities
A large number of adoption of thermoplastic materials in engineering procedures and large diameter pipe applications are the major driving factors of the thermoplastic pipes market. The demand for thermoplastic pipes is increasing due to its applications across sectors such as oil & gas, chemical, mining & dredging and municipal. The increasing oil and gas offshore drilling practices are fueling the growth of the thermoplastic pipes market.
However, the higher production cost of thermoplastic pipes across the oil and gas sector coupled with increasing safety concerns restraining the growth of the market. Moreover, rising the number of horizontal wells through oil and gas activities are anticipated to provide growth opportunities to the market players.
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Asia-Pacific is the Largest Thermoplastic Pipes Market
Geographically, Asia-Pacific is the largest market of the thermoplastic pipes market owing to developing economies, increasing oil and gas activities, and boosting chemical industries. North America is the second largest market for thermoplastic pipes followed by Europe. The demand for thermoplastic pipes is increasing in developing countries such as China, Brazil, and India. The Middle East and the Asia-Pacific regions with upcoming oil and gas projects are expected to boost the demand for thermoplastic pipes in the forecasted period.
Thermoplastic Pipes Market: Segmentation
The report on global thermoplastic pipes market covers segments such as type and applications. On the basis of type, the sub-markets include polyvinyl chloride (PVC), polyethylene (PE), polyamides (PA), polypropylene (PP), polyvinylidene fluoride (PVDF), and other types. On the basis of applications, the sub-markets include oil & gas, municipal, chemical, and mining & dredging.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the thermoplastic pipes.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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