The United States HDPE Pipe market will reach 6900 million US$ by the end of 2025
Publisher: QYResearch
Published Date: 2019/8/12
The United States HDPE market has been growing substantially over the past few years. These pipes act as electrical conduits, transporting gases, water, chemicals over large distances. They are primarily made from PE 100, PE 80, and PE 63, which makes them lighter than conventional piping options that are made from cast iron. HDPE pipes are used in a wide range of applications as they are non-corrosive in nature, which reduces the overall maintenance cost. For this reason alone, the demand for HDPE pipe in the United States is expected to remain high. In the coming years, HDPE pipes will be used for improving drip irrigation, flood irrigation, disposal of sewage and industrial effluents, portable water supply and distribution, electrical installation, drainage pipes, and air-conditioning and refrigeration ducting.
The rise of the urban population and the subsequent rise of construction for housing purposes are expected to offer many lucrative opportunities to the United States HDPE market. Upgradation in sewage disposable systems and improving infrastructure across urban spaces is also projected to have a positive impact on the overall market of HDPE pipes in the United States.
In 2018, the United States HDPE Pipe market size was increased to 5446 million US$ from 5019 million US$ in 2014, and it will reach 6900 million US$ in 2025, growing at CAGR of 3.44% between 2018 and 2025.The objectives of this study are to define, segment, and project the size of the HDPE Pipe market based on company, product type, end user and key regions.
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