The Thermoplastic Pipe Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Thermoplastic Pipe Market?
The historical growth trend in the Thermoplastic Pipe Global Market Report 2025 shows an increase in market size from $3.21 billion in 2024 to $3.41 billion in 2025. The compound annual growth rate (CAGR) during this period was 6.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Thermoplastic Pipe Industry?
The Thermoplastic Pipe Global Market Report 2025 anticipates that by 2029, the market size will reach $4.42 billion with a compound annual growth rate (CAGR) of 6.7%.
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What are the Key Growth Drivers Fueling the Thermoplastic Pipe Market?
The key drivers in the thermoplastic pipe market are:
• Growth in the oil and gas industry
• Rising adoption of renewable energy
• Increasing usage of thermoplastic pipes
• Government regulations for safely transporting oil and natural gases
Global Market Segmentation: Identifying Major Thermoplastic Pipe Industry Segments
The thermoplastic pipe market covered in this report is segmented –
1) By Product Type: Reinforced Thermoplastic Pipes (RTP), Thermoplastic Composite Pipes (TCP)
2) By Polymer Type: Polyethylene (PE), Polypropylene (PP), Polyvinylidene Fluoride (PVDF), Polyvinyl Chloride (PVC), Other Polymer Types
3) By Application: Onshore, Offshore
4) By End-User: Oil And Gas, Water And Wastewater, Mining And Dredging, Utilities And Renewables
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What are the Emerging Trends Shaping the Future of the Thermoplastic Pipe Market?
The key trends in the thermoplastic pipe market are:
• Material advancements are shaping the future of the thermoplastic pipe market.
• The trend of adopting hybrid solutions and composites is emerging.
• The use of advanced manufacturing techniques is becoming increasingly popular.
• Innovation and competition are driving forces in the developing trends of the market.
Who Are the Top Competitors & Leading Players in the Thermoplastic Pipe Market?
Major companies in the thermoplastic pipe market are:
• Baker Hughes Company
• Prysmian Group
• Chevron Phillips Chemical Company LLC
• Uponor Corporation
• National Oilwell Varco, Inc.
• TechnipFMC plc
• Wienerberger AG
• Georg Fischer Ltd
• Mueller Industries, Inc.
• GF Piping Systems
• Inteplast Group
• Advanced Drainage Systems Inc
• JM Eagle Inc.
• Shawcor Ltd
• Pipelife
• IPEX Inc
• Pes-Tec Germany
• Nibco Inc.
• Saudi Arabian Amiantit Co
• Strohm BV
• Aetna Plastics Corp
• Pexmart CC
• Wavin India Pipes and Fittings Manufacturing Private Limited
• Polyplastic
• Algriplast
• National Material Company
• Plasti-Fab Inc.
• Genova Industries
• Corzan Piping Systems
• Sioux Group
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the thermoplastic pipes market share in 2024
