Adroit Market Research - Industry Insights

Driven by massive end-use industry applications, the global HDPE pipes market is likely to etch flourishing growth owing to both wide scale applications as well as multifarious technological developments. Incremental growth opportunities across industries such as construction, power generation, and agriculture as well as oil and gas industries are anticipated to translate soaring growth.

Growing population is likely to ink greater end use demands across industries which is likely to manifest ripe growth opportunities in the coming years. Owing to favorable progress across construction activities

Driven by massive end-use industry applications, the global HDPE pipes market is likely to etch flourishing growth owing to both wide scale applications as well as multifarious technological developments. Incremental growth opportunities across industries such as construction, power generation, and agriculture as well as oil and gas industries are anticipated to translate soaring growth.

Growing population is likely to ink greater end use demands across industries which is likely to manifest ripe growth opportunities in the coming years. Owing to favorable progress across construction activities both in residential as well as commercial parlance, need for HDPE pipes remains highly integral. Prevalence of aforementioned situations in the forthcoming years therefore is likely to retain optimistic growth trail in HDPE pipes market.

Construction, Oil and Gas Industries Remain Prominent End Use Segments

HDPE pipes on the back of their multi-industry applications are developed with heavy duty robust plastic ideal for fuel and gas transit. These are highly preferred in contrast to their steel and concrete counterparts owing to its high anti-corrosion and anti-abrasion capabilities, besides high load bearing capabilities.

These are manufactured from specialized electrical conduits, specifically designed to transport water, liquids, gases, chemicals and the like. HFPE pipes are gaining popularity owing to their sturdy and light weight built. Hence mobility is significantly improved, besides keep operational costs in check. Owing to its high resistance to corrosion, HDPE pipes are witnessing large scale adoption in irrigation facilities as well as sewage management.

South African Industrial Expansion to Bode Well with New Market Entrants in HDPE Pipes Space

Market penetration by industry start-ups is perceived to lend substantial impetus towards creating substantial disruptions in HDPE Pipes market. In a recent development, leading South Africa based HDPE piles manufacturer BT Industrial has been awarded CEO Circle Entrepreneurs 2019 award for its exemplary performance through a period of five years. The company is a new market entrant and is etching some significant landmarks.

The company boasts of a plush high-tech HDPE pipe manufacturing center wherein several technologies and facility features are working in tandem to produce extremely robust HDPE pipes to meet diverse industrial applications across industries. The company is walking the extra mile to gear up its portfolio aligning with South Africa's vision to accelerate industrial developments, focusing primarily on electricity, water and petrochemicals. The development is likely to further accelerate growth strides, enabling sustainable growth in global HDPE pipes market.

New Facility Expansions to Grace Onward Growth Potential Globally

In a recent development, companies across the globe are developing new facilities and are investing in product developments to comply with growing demands for HDPE pipes. Tanzania welcomes a plush 52 million USD HDPE pipe manufacturing facility in its capital city, Dar es Salaam. The facility is equipped to develop high end technologically advanced HDPE, GRP, and PVC pipes. These pipes are directed to aid in sanitation, mining, irrigation, and water supply. This development is aligning with Tanzania's ambitious industrial development project besides offering ample safe and clean water supply. The country boasts of over 25,000 tons of HDPE pipe installations and is hopeful to witness higher installations in forthcoming years. Such ongoing development strides are anticipated to retain flourishing growth in global HDPE pipes market in the coming years, elevating the global returns by several notch.

Indian HDPE Veteran Pairs up with Corma Inc. to Facilitate Urban Infrastructure Development

Further, triggered by substantial growth in global HDPE pipes space, industry forerunners are investing on M&A as well as portfolio diversifications to retain industry specific. To cite an instance, US based Corma Inc. a veteran in corrugated pipe offerings has collaborated with India based Alom Group of Companies to suffice the country's demand proliferation in urban infrastructure development. The collaboration is intended to develop new manufacturing facilities, offering double wall corrugated HDPE pipes if several dimensions, based on Corma's flagship technology. The resultant HDPE pipes are likely to be highly safe, cost efficient as well as eco-friendly in contrast to concrete pipes. The development is anticipated to favor India's urban development projects.

In recent years double wall corrugated HDPE pipes are gaining much traction owing to a plush construction industry. End users vouch for high end double wall corrugated HDPE pipes which are rampantly used in fiber electric cabling as well as sewage and underground water management. These pipes are highly valued for its economic prices as well as improved lifespan, thereby witnessing significant adoption surge. These developments are therefore poised to raise growth prospects in global HDPE pipes market.

Federal Government Favorable Initiatives and Fund Allocation to Initiate HDPE Pipe Adoption in Water Supply Programs

Double wall corrugated HDPE pipes are valued for their longer shelf life and eco-friendly building materials that make it highly reliable in terms of impact resistance and high corrosion resistance, besides favorable flexibility. Emerging countries such as India who are relentlessly investing in infrastructure development and urbanization are banking upon double wall corrugated variant to suit various end -use applications.

Additionally. Federal government initiatives more specifically across emerging economies to promote optimal water supply could aggressively push HDPE pipes market towards sustainable growth as these pipes find ample usability in irrigation. Fund allocation for rural potable water supply are new developments in the Indian sub-continent, wherein government is traversing the extra mile to meet water challenges in the region. These ongoing developments are estimated to sustain million dollar growth opportunities in global HDPE pipes market in the near future.

At the backdrop of incremental growth opportunities in HDPE pipes space, manufacturers are now investing extensively in portfolio diversification with the lunch of jumbo sized HDPE pipes suitable for onshore, offshore, and near shore projects. In this line, HDPE pipe manufacturer, Pipelife has upgraded its portfolio with the launch of over 250mm HDPE pipes specifically for marine applications. Large sized HDPE pipes are preferred because of several advantages such as limited joints and large diameters, resulting in lower operational charges and instalment costs, in addition to low damage risks. These developments are expanded to reflect favorably towards lucrative growth opportunities in global HDPE pipes market.