PE Pipe Resin Market Size and Growth Rate:
As per the research analysts at Research Cosmos, the size of the Global PE Pipe Resin Market is expected to grow USD XX Million by 2025 with a CAGR of XX% during the forecast period 2019 to 2025.
PE Pipe Resin Market Overview:
These pipes are one of the main means of transporting chemicals, water, and gases. One of the main advantages of using these pipes is that they are 6 to 8 times lighter than conventional cast iron and galvanized iron pipes. In addition, PE pipes are inherently non-corrosive, which makes them suitable for water transport. The beneficial properties of these pipes make them suitable for a variety of applications including flood irrigation, drip irrigation, potable water supply, and distribution, wastewater disposal and industrial wastewater, air conditioning, and cooling ducts, facilities electrical and drainage pipes.
PE Pipe Resin Market – Growth Drivers and Restraints:
PE pipe systems offer a sustainable and safe solution to the growing need for clean water and modern sewer systems. The new applications in rainwater drainage, crossing, inlet and outlet, fire circuits, district heating, and domestic geothermal energy are based on the outstanding properties of the PE resin material, its long useful life and its long history of more than 60 years.
PE pipes with special characteristics are used more and more frequently in some areas, such as the water supply system, the gas and oil industries, etc. The PE pipe resins market has been dominated by several international petrochemical companies such as LyondellBasell, Dow, Borealis, and others. The top 5 producers contributed around 50% to sales worldwide.
PE Pipe Resin Market – Regional Presence:
The Asia Pacific and the Middle East and Africa regions are expected to provide lucrative growth opportunities for this industry in the coming years. The market is relatively concentrated.
Some of the Promising Companies leading the Global PE Pipe Resin Market Profiled in the Report are:
- Exxon Mobil
- Dow
- SABIC
- Chevron Phillips Chemical
- SINOPEC
- LyondellBasell
- PetroChina
- Borealis
- Ineos
- Braskem
- NPC-Iran
- BP
- Nova Chemicals
- Total
- Hanwha Chemical
- Equistar
- Formosa Plastics
- Shell
This research report includes the following segmentation for the PE Pipe Resin Market size and forecast 2025
PE Pipe Resin Market – By Types:
PE Pipe Resin Market – By Application:
- Water Supply Pipe
- Sewage & Drainage Pipe
- Oil & Gas Pipe
- Agriculture Pipe
PE Pipe Resin Market - By Region:
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Latin America
- Middle-East & Africa