Dublin, June 27, 2023 (GLOBE NEWSWIRE) -- The "Thermoplastic Pipes - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Thermoplastic Pipes Market to Reach $4.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Thermoplastic Pipes estimated at US$2.6 billion in the year 2022, is projected to reach a revised size of US$4.5 billion by 2030, growing at a CAGR of 7.4% over the analysis period 2022-2030. Reinforced Thermoplastic Pipe, one of the segments analyzed in the report, is projected to record 7.2% CAGR and reach US$2.9 billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thermoplastic Composite Pipe segment is readjusted to a revised 7.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $697.1 Million, While China is Forecast to Grow at 11.2% CAGR
The Thermoplastic Pipes market in the U.S. is estimated at US$697.1 million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 billion by the year 2030 trailing a CAGR of 11.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 6.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.
What's New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-COVID policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and an online research platform
- Complimentary updates for one year
Key Attributes
| Report Attribute | Details |
| No. of Pages | 94 |
| Forecast Period | 2022-2030 |
| Estimated Market Value (USD) in 2022 | $2.6 Billion |
| Forecasted Market Value (USD) by 2030 | $4.5 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Thermoplastic Pipes - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Select Competitors (Total 43 Featured)
- Advanced Drainage Systems Inc.
- Airborne Oil & Gas B.V.
- Baker Hughes Company
- Chevron Phillips Chemical Company
- Georg Fischer Piping Systems Ltd.
- IPEX Inc.
- KWH Pipe
- Magma Global
- National Oilwell Varco
- Prysmian Group
- Shawcor
- Technip
- TechnipFMC
- Uponor Corporation
For more information about this report visit https://www.researchandmarkets.com/r/9rge95
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