According to a research report titled ‘Global HDPE Pipes Market (Value, Volume): Analysis By Grade Type (PE63, PE80, PE100, Others), Application, Diameter, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025)’, available with Market Study Report, global HDPE pipes market was valued at USD 17,317.5 million in 2019, and is expected to register substantial returns over the forecast period 2020-2025.
 

Increasing infrastructure development for sewage disposal and burgeoning product demand from agriculture industry for water irrigation systems are driving worldwide HDPE (high density polyethylene) pipes market expansion.
 

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Furthermore, demand for pipeline infrastructure in oil & gas exploration and production, as well as rise in industrial activities are adding substantial traction to industry development.
 

For the record, plastic pipes and tubes are being increasingly used to supply all types of liquids and gases, and are preferred over metal ones due to their inherent advantages. These pipes are flexible, lightweight, do not necessitate open flame to join, have simple installation processes, and reduce breaks caused by freezing.
 

Elaborating on the impact of the COVID-19 pandemic, short-term operational issues caused by supply chain constraints and non-accessibility of sites during the COVID-19 pandemic has delayed most projects in regions such the U.S., China, Germany and South Korea.
 

Considering the geographical scope, global HDPE pipes market study spans across Asia Pacific, Americas, Middle East & Africa and Europe. Analysts cite that Asia Pacific market is projected to record a CAGR of 8.29% over the forecast period 2020-2025. This can be ascribed to ongoing residential & industrial construction activities, rapid urbanization, and increasing infrastructure development activities in the region.
 

Major players in the industry sphere are Orbia Advance Corp. S.A.B. de C.V., Nexam Chemical Holding AB, Advanced Drainage Systems Inc., Chevron Phillips Chemical Company LLC, China Lesso Group Holdings Ltd., Lane Enterprises Inc., WL Plastics, United Poly Systems LLC, Blue Diamond Industries LLC, and JM Eagle Inc.