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United States HDPE Pipes Market is projected to exhibit a CAGR of 3.69% between 2018 and 2024.

Author: QYResearch | Publish date: 2018-05-30 | Views: 39
HDPE pipe is a pipe made from high-density polyethylene. Known for its large strength to density ratio, it can carry potable water, wastewater, slurries, chemicals, hazardous wastes, and compressed gases. The United States HDPE Pipe market is valued at USD 6.5 billion in 2018 and is expected to reach USD 8.1 billion by the end of 2024, growing at a CAGR of 3.69% between 2018 and 2024.

In United States market, the top players cover JM Eagle, Chevron Phillips Chemical, ADS, WL Plastics, Lane Enterprises, Prinsco, Blue Diamond Industries, National Pipe & Plastics, United Poly Systems, Flying W Plastics etc., which are playing important roles in United States.


The consumption of HDPE pipe is distributed in West, Northeast and South. United States also is the largest consumption country of HDPE pipe in the world in the past five years followed by Europe closely and it will keep the same position in the next six years. At present, the pipe industry in the United States is already very mature and HDPE pipe have play an important role from today to future .From the second half of 2016, the U.S. oil and gas industry has begun to recover. This is good news for this industry. West and Northeast are major consumption regions in the United States.In the future, with the North America economic recovery, more and more people pay attention to rising water standards, especially in city that have a large population and fast economic growth, the need of HDPE pipe will increase.

 

HDPE pipe category demonstrates high growth prospects among leading plastic pipe resin categories. And now the main types of HDPE are PE100, which take 81% of USA sales in 2017. HDPE pipe downstream is wide, and the major fields are water supply, oil and gas, sewage systems, agricultural applications, etc. Increasing demand for water supply industry or oil and gas industry is expected to drive the demand for the HDPE pipe market. Water supply is the largest downstream of HDPE pipe, taking 33% of the USA HDPE pipe in 2017.

 

The United States HDPE Pipe Market Research Report 2018 report released by QYResearch provides a basic overview of the petroleum asphalt industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.

 

This research study involved the extensive usage of both primary and secondary data sources.  The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.


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