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Global Plastic Pipes Market Analysis Targets Growth at 5.5% CAGR during the Forecast Period 2016-2024

Press release Description

Albany, New York, August 10, 2017:  It has been noticed that the growth of the building and construction industry has surely caused an increase in demand for raw materials such as pipes. They find application in water pipelines, gas pipelines, wastewater drainage systems, HVAC systems, etc. Hence, to learn about the market in-depth, a new report has been included to the vast online storehouse of Market Research Reports Search Engine (MRRSE). The research study is titled “Plastic Pipes Market: Global Industry Analysis 2012 – 2016 and Forecast 2016 – 2024”, and encloses useful data such as macroeconomic indicators such as GDP and industry growth, historical growth trend of end-use industries as well as market participants’ performance.

Pipes operate as a medium of conveyance for important liquids and gaseous materials across long distances and due to various external factors, are prone to deterioration over time. The report initiates with the market introduction which includes market definition and market taxonomy. Further, the section also covers market volume analysis and pricing analysis. The report also focuses on market dynamics such as drivers, restraints, opportunity, and trends to enlighten the reader precisely about the plastic pipes global market.

As per research findings, the global market for plastic pipes is anticipated to account for about US$ 30 Bn by the end of 2017 and further register a CAGR of 5.5% during the forecast period (2016–2024). At this pace, the market would tend to acquire a market value of around US$ 44 Bn by the end of 2024. The next section talks about the market segmentation which is based on several factors. Considering the material type, the global plastic pipes market is divided into PVC, cPVC, PE, PP, ABS, and Fiberglass. Under PE, there are sub-segments, namely, HDPE and LDPE. Further, on the basis of application, the market is bifurcated into Liquid Conduits, Gas Conduits and Others. Presently, the end use industries comprise of building and construction, oil and gas, water use and withdrawal, agriculture, chemicals and electrical and telecommunications.

The report later offers a geographical segregation considering BPS analysis and Y-o-Y growth projections by region. Also, market size and volume forecast are also enclosed in the region focusing on the different targeted regions. The prime market regions discussed in the report are North America, Europe, Latin America, APAC, and MEA. The final section of the report highlights the competitive landscape which includes company profile and competition dashboard. The prime players from the sector include Aliaxis Group S.A.., Wienerberger AG, Mexichem SAB de CV, China Lesso Group Holdings Ltd., Nan Ya Plastics Corp. and Finolex Industries Ltd.

Browse Full Global Plastic Pipes Market Market Report with TOC : http://www.mrrse.com/plastic-pipes-market

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