The global polyolefin pipe market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2021-2027). There are several growth opportunities present in the polyolefin pipe market, one such opportunity is the growing need for PO pipes in communication and cooking gas supplies in modern urbanizing environments. As the world is pushing towards development and urbanizing rapidly, developing countries are heavily investing in large-scale expansion of fiber optic networks. To shield the expensive cables from harmful environmental influences PO cable protection pipes are an essential need. Furthermore, an increased amount of natural gas distribution lines and terminals are being set up buried under the ground to provide convenient gas distribution to their customers. PO pipes are much more durable than steel and copper pipes and they don't require high maintenance and anti-corrosion protection. These are the few opportunities that can further drive the growth of the Polyolefin pipe market.
Browse the full report description of "Global Polyolefin Pipe Market Size, Share & Trends Analysis Report by Product Material (HDPE, LDPE, LLDPE, and Cross-Linking Polyethylene) By Application (Irrigation, Wastewater Drainage, Gas & Oil Extraction, Construction, Industrial, and others) Forecast, 2021-2027" at https://www.omrglobal.com/industry-reports/polyolefin-pipe-market
However, polyolefin pipes are not ideal for every scenario and face a few challenges that could hinder the growth of the market. One such challenge is the drastic change in climatic conditions of the environment. These climatic changes could surface the variation in temperature and affect the lifespan of the product and degrade its performance. Such challenges can hinder the market growth of the polyolefin pipes market.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Material
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- AGRU, Arya Sasol Polymer Co., Asahi Kasei Group, BASF, JM Eagle.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Polyolefin Pipe Market Report by Segment
By Product Material
• HDPE
• LDPE
• LLDPE
• Cross-Linking Polyethylene
By Application
• Irrigation
• Waste Water Drainage
• Gas & Oil Extraction
• Construction
• Industrial
Global Cooling tower Market Report by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa