Polyolefin Pipes Market Trends and Growth Prospects: Estimated to Reach .1 Billion by 2026

Posted by Jack Martin on June 20th, 2023

The global polyolefin pipes market size is projected to reach USD 24.1 billion by 2026 at a CAGR of 5.3% from USD 18.6 billion in 2021. Sprinkler and drip irrigation provide good growth potential, hot water bathroom application where PO pipes are replacing PVC pipes, increasing usage of engineered PO in manufacturing pipes, improved characteristics of plastomers over conventional plastics and elastomers, increasing adoption of bio-based polymer such as PLA and BioPE, and growing emphasis by local government on rainwater harvesting are driving the polyolefin pipes market.

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The increase in demand for polyolefin pipes and the growing industrial development in the emerging economies, such as APAC and South America, are driving the market. The key players in the polyolefin pipes market include AGRU (Austria), GF Piping Systems (Switzerland), Advanced Drainage Systems (US), Chevron Phillips Chemical Company (US), JM Eagle (US), Aliaxis (Belgium), Radius Systems (UK), Prinsco (US), Polyplastic Group (Russia), Nan Ya Plastics Corporation (Taiwan), Thai-Asia P.E. (Thailand), United Poly Systems (US), Future Pipe Industries (UAE), WL Plastics (US), Aquatherm (US), Blue Diamond Industries (US), Armtec (Canada), Pipeline Plastics (US), TeraPlast Group (Romania), Charter Plastics (US), Infra Pipe Solutions Pvt Ltd. (Canada), Pars Ethylene Kish (Iran), Vesbo Piping Systems (Turkey). These market leaders have adopted various organic as well as inorganic growth strategies between January 2015  and November 2021 to strengthen their position in the polyolefin pipes market. The strategy of acquisitions and expansions were among the major growth strategies adopted by the leading market players to enhance their regional presence and meet the growing demand for polyolefin pipes in emerging economies

AGRU is one of the leading manufacturers of products based on engineering plastics. The company manufactures industrial piping systems, semi-finished products, concrete protection liners, and lining systems manufactured from engineering plastics. It serves the water, oil & gas, energy, chemical and heavy industries, mining, and civil engineering industries through its broad portfolio of products. The company serves all major end-use industries through its wide product portfolio based on high quality plastics. It serves the diverse requirements of its customers by utilizing its technical expertise in the engineering plastics domain. The company operates through its companies, namely, AGRU Kunststofftechnik, AGRU America Inc. AGRU China Inc., AGRU Oberflachentechnik GmbH, AGRU Nevada Inc, AGRU-Frank GmbH, and TWS Thermoplastic Winding Systems. It has nine manufacturing facilities in China, US, Austria, Germany, and Poland. The company has a presence in 100 countries worldwide. The company target major application area such as, wastewater pipelines and high purity piping systems to sustain in the market.