Thermoplastic Pipes Market to Undertake Strapping Growth During 2025
Thermoplastic
pipes are primarily used in the transportation of solids, liquids,
and gases. They can withstand high temperatures, harsh chemicals, and
long-term cyclic loading. Industries such as oil & gas, chemical,
mining & dredging and others widely use thermoplastic pipes.
Based on polymer types, thermoplastic pipes can be categorized into
PE, PVDF, PVC, PA, PP, and others. The pipes industry is facing the
challenge to meet the increasing demand all over the world while
reducing the cost.
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Polyethylene
(PE) is produced through the ethylene polymerization process and its
properties include flexibility, chemical resistance, longevity, and
overall toughness. Polyvinylidene fluoride (PVDF) is known for its
high-molecular-weight fluorocarbon that has superior dielectric
properties, mechanical strength, and abrasion resistance. It is
primarily used in chemical processing, pharmaceutical manufacturing,
and production of high-purity water and UV-sensitive chemicals.
Polyvinyl chloride (PVC) offers excellent and consistent quality. Its
uniform properties make it a preference material of thermoplastic
pipes for custom houses. PVC pipes are highly resistant to alkalis,
acids, alcohols, and other corrosive substances.
PVC
pipes are employed in irrigation systems and service piping and for
distribution of various chemicals, waste water treatment, waste
collection, and other industrial processes involving transfer of
corrosive fluids. Polyamide (PA) has excellent mechanical properties,
chemical stability, high strength, excellent toughness, and
resistance to chemical degradation. Polypropylene (PP) belongs to the
polyolefin group and it has lower density as compared to other
categories. Three different types of PP thermoplastic pipes are used
conventionally: PP-H pipes (used in the industrial sector), PP-R
pipes (used in sanitary ware), and PP-B pipes (used in sewage piping
systems).
Based
on application, the thermoplastic pipes market has been segmented
into oil & gas, mining & dredging, chemical and others.
Increasing drilling practices for offshore exploration of oil and gas
are expected to drive the global thermoplastic pipes market. These
pipes are used in drilling practices owing to their properties such
as low maintenance cost, flexibility, high chemical resistance, low
installation cost, ability to operate at high temperatures, and high
resistance to mechanical damage. In the oil & gas sector,
thermoplastic pipes witness rising demand for deep-water and
ultra-deep drilling activities. Increase in the number of drilling
activities especially drilling of horizontal wells with high energy
demand in global market is considered to be the major opportunity for
growth.
Geographically,
the thermoplastic pipes market can be segmented into North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America.
Asia Pacific is expected to dominate the global thermoplastic pipes
market during the forecast period, due to high demand of
thermoplastic pipe in the chemical and other industry in this region.
The markets in North America and Europe are expected to expand
significantly during the forecast period. The markets in Middle East
& Africa and Latin America are expected to witness high growth in
the near future, due to increasing oil and gas exploration and
production activities and the discovery of new oil and gas reserves.
Acceptance of PP-RCT (PolyPropylene-Random Crystallinity Temperature)
is driving the market in North America, which is making it easier for
engineers and builders to replace traditional materials with
thermoplastic piping systems.
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Some
of the key players operating in the thermoplastic pipes market are
Chevron Philips Chemical Company, IPEX Inc., KWH Pipe, Prysmian
Group, Technip, Advanced Drainage Systems Inc., National Oilwell
Varco, Aetna Plastics, Airborne Oil & Gas B.V., and Georg Fischer
Piping Systems Ltd.
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