Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- PE pipe resin refers to PE resin which is mainly used during the production process of PE pipe. Currently, the most widely used PE resin is PE 80 and PE 100.
HDPE pipe systems provide sustainable and harmless solution to growing demand for clean water and modern sewer systems. The new applications in the field of storm water drainage, marine crossing, intake and outfall, fire loops, district heating and domestic geothermal technology rely on superb properties of HDPE material, its long service life and thriving long track record of more than 60 years.
The PE pipe resin market was dominated by several international petrochemical companies, such as LyondellBasell, Dow, Borealis and so on. The top 5 producers contributed about 50% sales share globally. The market is relatively concentrated.
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With gradual recovery of global economy, plastic pipe industry will become promising in the coming few years. PE pipe is competing with PVC pipe and PP pipe in the plastic pipe industry. With distinctive characteristics, PE pipe will be used more and more common in some field, such as water supply system, gas & oil industry, etc. Market insiders predict that stimulated by the pipe industry, global PE pipe resin market will reach to 7000 million USD in the year of 2023.
The global PE Pipe Resin market was 6010 million US$ in 2018 and is expected to 7100 million US$ by the end of 2025, growing at a CAGR of 2.1% between 2019 and 2025.
This report studies the PE Pipe Resin market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of PE Pipe Resin in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
LyondellBasell
Dow
Borealis
SABIC
Chevron Phillips Chemical
Ineos
Braskem
Total
Exxon Mobil
SINOPEC
By the product type, the market is primarily split into
PE 100
PE 80
Other
By the end users/application, this report covers the following segments
Water Supply Pipe
Sewage & Drainage Pipe
Oil & Gas Pipe
Agriculture Pipe
Others
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