Jun 18, 2020   SOURCE: BusinessWire

Worldwide Thermoplastic Pipe Industry to 2026 - Key Drivers and Restraints - ResearchAndMarkets.com

The "Global Thermoplastic Pipe Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.

The Global Thermoplastic Pipe market is expected to reach $4.24 billion by 2026 growing at a CAGR of 6.7% from 2018 to 2026.

The thermoplastic pipes have properties that are unique such as flexibility, greater flow, outstanding chemical resistance, high mechanical power and rust resistant features. Due to these beneficial properties provided by the thermoplastic pipes they are favored over the metal pipes and therefore they are used extensively in the gas and oil offshore drilling. Thermoplastics are used in other application areas include chemical sector, municipal and mining & dredging sector.

Factors such as increasing oil and gas offshore drilling, increasing applications for large diameter pipe and shift in trend towards offshore oil & gas activities are driving the market growth. Though, factors such as safety issues and high costs are restraining the market growth. Moreover, increasing number of horizontal wells are the opportunities for the thermoplastic pipe market.

Based on product type, the thermoplastic composite pipe (TCP) segment is going to have a lucrative growth during the forecast period, due to use up to 3,000 meters in larger water depths in offshore, moreover it can be laid up to 4 kilometers of nonstop length, therefore it is extra demanded than steel pipes.

Companies Mentioned

  • Advanced Drainage Systems
  • Pipelife International
  • Baker Hughes Company
  • National Oilwell Varco
  • Georg Fischer Piping Systems
  • Chevron Philips Chemical Company
  • Magma Global
  • Shawcor
  • Uponor Corporation
  • Technipfmc
  • Prysmian
  • Ipex
  • Saudi Arabian Amiantit
  • Simtech
  • Changchun Gaoxiang Special Pipe

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Thermoplastic Pipe Market, By Polymer Type

5.1 Introduction

5.2 Polyamide (PA)

5.3 Polyethylene (PE)

5.4 Polypropylene (PP)

5.5 Polyvinyl Chloride (PVC)

5.6 Polyvinylidene Fluoride (PVDF)

5.7 Polyether Ether Ketone (PEEK)

5.8 Polytetrafluoroethylene (PTFE)

5.9 Forced Reinforced Plastics (FRP)

6 Global Thermoplastic Pipe Market, By Product Type

6.1 Introduction

6.2 Reinforced Thermoplastic Pipe (RTP)

6.3 Thermoplastic Composite Pipe (TCP)

7 Global Thermoplastic Pipe Market, By Application

7.1 Introduction

7.2 Chemical Pipes

7.3 Mining & Dredging Pipes

7.4 Municipal Pipe

7.5 Oil & Gas

7.6 Water & Waste Water

7.7 Utilities & Renewables

8 Global Thermoplastic Pipe Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Strategic Benchmarking

10 Vendors Landscape

For more information about this report visit https://www.researchandmarkets.com/r/jgshfq