Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time

Chicago, December 6, 2021/PRNewswire/--According to the new market research report "By product type (TCP and RTP), polymer type (PE, PP, PVDF, PVC, other), And offshore), end-user industries (oil and gas, water and wastewater treatment, mining and dredging) and regions-global forecast to 2026", published by MarketsandMarkets™, predicts that the thermoplastic pipeline market will reach US$3.3 billion by 2026 By 2026, the pipeline market will grow from USD 2.7 billion in 2021 to USD 3.3 billion, with a compound annual growth rate of 4.5% during the forecast period.

Download the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=94371234

Due to the increasing use of engineered thermoplastic materials in the manufacture of pipes, the thermoplastic pipe market has broad growth potential. Engineering-grade thermoplastic materials, such as polyamide (PA), polyethylene (PE), and polyvinylidene fluoride (PVDF), are also increasingly accepted in niche oil and gas applications. Compared with metals, thermoplastics have better chemical, corrosion and abrasion resistance, light weight, cost-effectiveness, and acceptable mechanical properties and other characteristics, making thermoplastics a viable choice for a variety of applications, including water delivery and distribution , Sewage treatment, water injection in the high-pressure oil and gas industry, seawater intake and discharge, chemical injection, and oil, natural gas, water and wastewater transportation.

During the forecast period, the onshore segment is expected to dominate the thermoplastic pipe market through applications.

The onshore market segment is expected to occupy the largest market share and grow at the fastest rate during the forecast period. Thermoplastic pipes are used in various applications in the onshore industry, including high-pressure water injection pipes and transportation.

Browse the catalog in-depth on the "Thermoplastic Pipe Market"

Check the detailed catalog here: https://www.marketsandmarkets.com/Market-Reports/thermoplastic-pipe-market-94371234.html 

During the forecast period, in terms of polymer type, the polyethylene segment is expected to become the largest thermoplastic pipe market.

Polyethylene occupies the largest share of the thermoplastic pipe market due to its light weight, good flexibility and easy welding characteristics. There are two types of PE pipes available on the market, namely HDPE (high-density polyethylene pipes) and PEX (cross-linked polyethylene pipes). The cross-linked structure of polyethylene enhances the toughness and temperature resistance of the material. This allows content to be designated for use in harsher environments at lower and higher temperatures.

The Asia-Pacific region may become the largest thermoplastic pipe market.

In this report, the thermoplastic pipe market in five regions is analyzed, namely North America, South America, Europe, Asia Pacific, and the Middle East and Africa. The growth of the Asia-Pacific market is driven by the growth of urbanization and industrialization, as well as increasing mining activities in China, Australia and India.

Talk to the analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=94371234 

In order to gain insight into the competitive landscape, the report includes profiles of some of the top players in the thermoplastic pipe market.

Some of the main players are NOV (United States), Wienerberger (Austria), TechnipFMC (United Kingdom), Georg Fischer (Switzerland) and Advanced Drainage Systems (United States). Leading players are adopting various strategies to increase their share of the thermoplastic pipe market.

Browse adjacent markets: energy and electricity market research reports and consulting

Flexible pipe market by raw material (HDPE, PA and PVDF), application (offshore and onshore) and region (North America, Middle East and Africa, Central and South America, Asia Pacific and Europe)-Global forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/flexible-pipes-market-132547188.html

By fleet (operator, region), service (oil well intervention services (completion and mechanical operations, oil well cleaning and pumping operations), drilling services, others), application (onshore, offshore), region-global by 2025 Forecasted coiled tubing market

https://www.marketsandmarkets.com/Market-Reports/coiled-tubing-market-804.html 

MarketsandMarkets™ provides quantitative B2B research on 30,000 high-growth niche opportunities/threats that will affect 70% to 80% of the revenue of global companies. Currently serving 7,500 customers worldwide, 80% of which are customers of global Fortune 1000 companies. Nearly 75,000 senior executives in eight industries worldwide use MarketsandMarkets™ to solve their pain points in revenue decisions.

Our 850 full-time analysts and SMEs in MarketsandMarkets™ are following the "Growth Participation Model-GEM" to track global high-growth markets. GEM aims to actively cooperate with customers to discover new opportunities, identify the most important customers, formulate "attack, avoid and defend" strategies, and determine the source of incremental revenue for the company and its competitors. MarketsandMarkets™ now launches 1,500 micro-quadrants (positioning leaders, emerging companies, innovators, top players among strategic players) in high-growth emerging market segments every year. MarketsandMarkets™ is determined to benefit the revenue planning of more than 10,000 companies this year, and by providing them with leading research, help them bring innovation/disruption to the market early.

MarketsandMarkets' flagship competitive intelligence and market research platform, the "Knowledge Store" connects more than 200,000 markets and the entire value chain to gain a deeper understanding of unsatisfied insights, market size and niche market forecasts.

Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protection] Research Insight: https://www.marketsandmarkets.com/ResearchInsight/thermoplastic -pipe-market.asp Visit our website: https://www.marketsandmarkets.com Content source: https://www.marketsandmarkets.com/PressReleases/thermoplastic-pipe.asp 

More news releases on similar topics

Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time