Global Thermoplastic Pipe Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Polymer Type;

Polyvinyl Chloride (Pvc), Polyethylene (Pe), Polypropylene (Pp), Polyvinylidene Fluoride (Pvdf), Others (Polyamide (Pa) And Polyether Ether Ketone (Peek), Forced Reinforced Plastics (Frp), and Polytetrafluoroethylene (Ptfe).

By Product Type;

Thermoplastic Composite Pipe (Tcp), and Reinforced Thermoplastic Pipe (Rtp).

By Application;

Oil & Gas, Water & Waste Water, Utilities & Renewables, and Mining & Dredging.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn251284131 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Thermoplastic Pipe Market (USD Million), 2021 - 2031

In the year 2024, the Global Thermoplastic Pipe Market was valued at USD 3,159.81 million. The size of this market is expected to increase to USD 4,328.96 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global thermoplastic pipe market has witnessed significant growth in recent years, driven by a myriad of factors including the increasing demand for corrosion-resistant and lightweight piping solutions across various industries. Thermoplastic pipes offer numerous advantages over traditional materials such as metal and concrete, including superior chemical resistance, ease of installation, and lower maintenance costs. These pipes find extensive applications in sectors such as oil and gas, water and wastewater management, mining, and chemical processing, among others.

One of the key drivers propelling the growth of the thermoplastic pipe market is the burgeoning oil and gas industry, particularly in regions such as North America and the Middle East. With the rise in exploration and production activities, there is a growing need for durable and high-performance piping systems to transport oil, gas, and other hydrocarbons safely and efficiently. Additionally, stringent environmental regulations aimed at reducing pipeline leaks and spills have further fueled the adoption of thermoplastic pipes due to their leak-proof and corrosion-resistant properties.

The increasing investments in infrastructure development projects, especially in emerging economies, are bolstering the demand for thermoplastic pipes in applications such as water distribution networks, sewage systems, and irrigation. These pipes offer cost-effective solutions for transporting water and other fluids over long distances while minimizing the risk of leakage and contamination. Furthermore, advancements in polymer science and manufacturing technologies have led to the development of innovative thermoplastic materials with enhanced mechanical properties, further widening the scope of applications for these pipes.

The thermoplastic pipe market faces challenges such as fluctuating raw material prices and intense competition from alternative materials. Nevertheless, ongoing research and development efforts aimed at improving the performance and durability of thermoplastic pipes, along with increasing investments in pipeline infrastructure projects worldwide, are expected to drive substantial growth in the market in the coming years. Additionally, the growing emphasis on sustainable development and the adoption of eco-friendly piping solutions are likely to create new opportunities for market players to innovate and expand their product portfolios.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Polymer Type
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Thermoplastic Pipe Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand in Various Industries
        2. Stringent Environmental Regulations
        3. Technological Advancements
        4. Cost Efficiency
      2. Restraints
        1. Limited Temperature and Pressure Resistance
        2. Perception of Lower Strength
        3. Initial Investment Costs
        4. Compatibility Issues
      3. Opportunities
        1. Emerging Economies
        2. Expansion of Oil & Gas Sector
        3. Focus on Water Conservation
        4. Development of Advanced Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Thermoplastic Pipe Market, By Polymer Type, 2021 - 2031 (USD Million)
      1. Polyvinyl Chloride (Pvc)
      2. Polyethylene (Pe)
      3. Polypropylene (Pp)
      4. Polyvinylidene Fluoride (Pvdf)
      5. Others (Polyamide (Pa) And Polyether Ether Ketone (Peek)
      6. Forced Reinforced Plastics (Frp)
      7. Polytetrafluoroethylene (Ptfe)
    2. Global Thermoplastic Pipe Market, By Product Type, 2021 - 2031 (USD Million)
      1. Thermoplastic Composite Pipe (Tcp)
      2. Reinforced Thermoplastic Pipe (Rtp)
      3. Global Thermoplastic Pipe Market, By Application, 2021 - 2031 (USD Million)
        1. Oil & Gas
        2. Water & Waste Water
        3. Utilities & Renewables
        4. Mining & Dredging
      4. Global Thermoplastic Pipe Market, By Geography, 2021 - 2031 (USD Million)
        1. North America
          1. United States
          2. Canada
        2. Europe
          1. Germany
          2. United Kingdom
          3. France
          4. Italy
          5. Spain
          6. Nordic
          7. Benelux
          8. Rest of Europe
        3. Asia Pacific
          1. Japan
          2. China
          3. India
          4. Australia & New Zealand
          5. South Korea
          6. ASEAN (Association of South East Asian Countries)
          7. Rest of Asia Pacific
        4. Middle East & Africa
          1. GCC
          2. Israel
          3. South Africa
          4. Rest of Middle East & Africa
        5. Latin America
          1. Brazil
          2. Mexico
          3. Argentina
          4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Airborne Oil & Gas
      2. Magma Global
      3. Chevron Philips Chemical Company
      4. National Oilwell Varco
      5. Technipfmc
      6. Georg Fischer Piping Systems
      7. Uponor Corporation
      8. Baker Hughes Company
      9. Prysmian
      10. Shawcor
      11. Advanced Drainage Systems
      12. Pipelife International
      13. Ipex
      14. Saudi Arabian Amiantit
      15. Pes.Tec
      16. Topolo
      17. Simtech
      18. Changchun Gaoxiang Special Pipe
      19. Flexsteel Pipeline Technologies
      20. Aetna Plastics
  7. Analyst Views
  8. Future Outlook of the Market