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Global Thermoplastic Pipe Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of around XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Thermoplastic pipes have unique characteristics like flexibility, high chemical resistance, low installation cost, high mechanical strength, greater flow, etc. Considering to these unique characteristics, thermoplastic pipes are preferred over metal pipes & considered as the best option for oil and gas offshore drilling practices.
Growing applications of thermoplastic pipe through sectors like oil & gas, chemical, mining & dredging along with application in deep water & ultra-deep-water are main factor driving the growth of the market towards the north.
Nevertheless, high costs associated with production of thermoplastic pipes is a key factor restraining growth of global thermoplastic pipe market. In addition, lack of skilled workforce, and complex process of reinforcing fiber from thermoplastic resin are some other factors projected to hinder the growth of global thermoplastic pipes market over the forecast period.
According to application, oil & gas application is projected to grow with increasing demand for flexible pipes, umbilical, and risers. The thermoplastic pipe market is expected to grow with increasing deep, ultra-deepwater applications for oil & gas industry, as well as water and wastewater pipes for municipal application.
Expansions made by the industry players mainly consist of mergers & acquisitions, and expansions. The companies are constantly investing in R&D to introduce high-quality pipes with modified and improved properties. They are also investing in expansion of their production facilities in different countries to reinforce their global reach.
Geographically, the market in Asia Pacific currently accounts for major market share in terms of revenue as compared to that of markets in other regions. This can be attributed to growing oil & gas exploration activities, and increasing demand for thermoplastic pipes in chemical industry in developing economies such as China, India, etc. The market in North America accounted for second-highest revenue share in global thermoplastic pipes market, because of increasing shale gas projects in countries in the region. Similarly, the market in Middle East is anticipated to show moderate growth over the forecast period, on account of discovery of new hydrocarbon reserves in the region.
The report offers detailed insights, revenue details, and other vital information regarding the market, and the several trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and in depth information regarding the many key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. Global thermoplastic pipes market report has been segmented on the basis of type, application, and region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global thermoplastic pipe market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global thermoplastic pipe market.
Scope of Global Thermoplastic Pipe Market
Global Thermoplastic Pipe Market, By Type
• PVC
• PE
• PA
• PP
• PVDF
• Others
Global Thermoplastic Pipe Market, By Application
• Oil & Gas
• Municipal
• Chemical
• Mining & dredging
Global Thermoplastic Pipe Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global Thermoplastic Pipe Market
• Technip
• Advanced Drainage Systems Inc.
• Chevron Phillips Chemical
• Airborne Oil & Gas B.V.
• Georg Fischer Piping Systems Ltd.
• Simtech, Inc.
• National Oilwell Varco, L.P.
• Prysmian S.p.A.
• IPEX Inc.
• Aetna Plastics Corporation.
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Learn More On The Thermoplastic Pipe Market:https://www. The market size of global thermoplastic pipes market is expected to reach $3. Increasing demand from the oil and gas industry for corrosion-resistive is expected to propel the growth of the thermoplastic pipe market going forward. The thermoplastic pipe market report table of contents includes:Executive SummaryThermoplastic Pipe Market CharacteristicsThermoplastic Pipe Market Trends And StrategiesThermoplastic Pipe Market - Macro Economic ScenarioThermoplastic Pipe Market Size And Growth. Africa Thermoplastic Pipe Market Thermoplastic Pipe Market Competitive Landscape And Company ProfilesKey Mergers And Acquisitions In The Thermoplastic Pipe MarketThermoplastic Pipe Market Future Outlook and Potential AnalysisAppendixTop 5 Major Key Players Are:Advanced Drainage Systems IncSaudi Arabian Amiantit CoTechnipFMC plcGeorg Fischer LtdPrysmian GroupContact Us: The Business Research Company Europe: +44 207 1930 708Asia: +91 88972 63534Americas: +1 315 623 0293Email: info@tbrc.
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3 billion by 2026 The thermoplastic pipe market size will grow to USD 3. The thermoplastic pipe market has promising growth potential due to the increasing use of engineered thermoplastic materials in manufacturing pipes. id=94371234The onshore segment is expected to dominate the thermoplastic pipe market, by application, during the forecast period. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the thermoplastic pipe market. The leading players are adopting various strategies to increase their share in the thermoplastic pipe market.
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According to the latest research report published by Dhirtek Business Research, the global thermoplastic pipe market report provides detailed information on the factors driving the growth of the thermoplastic pipe market.
This pandemic is having an impact on various sectors of the economy.
It predicts that the global economy will suffer as a result of the loss of trillions of dollars.
To compete in a competitive market, the companies must identify product opportunities based on their strengths.
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