The market volume for thermoplastic pipe is projected to grow 576 Million Tons by 2019 with a healthy CAGR of 7.8% from 2014 to 2019.
Dallas, TX -- (SBWIRE) -- 12/01/2014 -- The report: "Thermoplastic Pipe Market by polymer types (PE, PVDF, PVC, PA, and PP) Application (Oil & Gas, Mining & Dredging and Chemicals) and Geography (APAC, Americas, Europe, Middle East and Africa) - Global Trends & Forecasts to 2019"defines and segments the thermoplastic pipe market with analysis and forecasting of volume for the thermoplastic pipes. It also identifies driving and restraining factors for the thermoplastic pipe market with analysis of trends and opportunities.
Browse 69 market data tables and 42 figures spread through 160 pages and in-depth TOC on "Thermoplastic Pipe Market - Global Trends & Forecasts to 2019"
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The market applications for thermoplastic pipe include oil & gas, municipal, mining & dredging, and chemicals. The oil & gas application of thermoplastic pipes is estimated to grow with an increasing demand for flexible pipes, umbilicals, and risers. In 2013, Asia-Pacific was the largest market for thermoplastic pipe and accounted for a market share of about 40.7%.
The thermoplastic pipe market is projected to grow at a CAGR of 7.8% with increasing demand in the Asia-Pacific region. The increase in demand for municipal and chemical applications in this region is the prime driver for market growth.
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The leading players in thermoplastic pipe market include Technip (U.S.), Advanced Drainage Systems Inc. (U.S.), Airborne Oil & Gas B.V. (The Netherlands), and Georg Fischer piping Systems Ltd. (Switzerland). The market players in thermoplastic pipe continuously invest in R&D to introduce new products and solutions as per the market demand. Considering the demand in the market, these companies are also expanding their facilities to increase their production capacity and strengthen their global network.
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