Polyolefin Pipes Market worth $24.1 billion by 2026 | Key players AGRU, JM Eagle, Aliaxis, Radius Systems, Prinsco

According to recent market research "Polyolefin Pipes Market by Type (PE, PP, Plastomer), Application (Irrigation, Potable & Plumbing, Wastewater Drainage, Power & Communication, Industrial), End-use Industry (Building & Construction, Agriculture), and Region - Global Forecast to 2026", size is projected to grow from an estimated value of USD 18.6 billion in 2021 to USD 24.1 billion by 2026, at a CAGR of 5.3% during the forecast period. Sprinkler and drip irrigation provide good growth potential, hot water bathroom application where PO pipes are replacing PVC pipes, increasing usage of engineered PO in manufacturing pipes, improved characteristics of plastomers over conventional plastics and elastomers, increasing adoption of bio-based polymer such as PLA and BioPE, and growing emphasis by local government on rainwater harvesting are driving the polyolefin pipes market.

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PE is expected to be the most significant type of polyolefin pipes used globally in terms of value and volume. PE pipes are used for the physical transportation of oil, gas, water, wastewater, and other substances. These pipes offer various benefits such as low weight, abrasion-resistance, corrosion-resistance, high impact-resistance, and superior flexibility which enables their use in various end-use industries. These pipes can be heat fused to form strong joints, which makes them leak-free. This class of pipes is fatigue-proof and can bear extreme repetitive pressure. They are also highly flexible and are thus suited for earthquake-prone areas. The flexibility and leak-free joints of these pipes provide the additional advantage of cost-efficiency as they save significant time and money in the process of installation.

Polyolefin pipes are widely used in industrial applications wherein piping systems are exposed to harsh and extreme climatic conditions. Due to the flexible nature of PE, it expands with pressure surges, which increases the life of the pipeline and reduces maintenance costs. Polyolefin pipes also have a high demand due to their flexibility; gas distribution systems are more likely to survive severe ground shifts, especially due to earthquakes when they are made from fused PE pipes.

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The global polyolefin pipes market size is projected to reach USD 24.1 billion by 2026 at a CAGR of 5.3% from USD 18.6 billion in 2021. Sprinkler and drip irrigation provide good growth potential, hot water bathroom application where PO pipes are replacing PVC pipes, increasing usage of engineered PO in manufacturing pipes, improved characteristics of plastomers over conventional plastics and elastomers, increasing adoption of bio-based polymer such as PLA and BioPE, and growing emphasis by local government on rainwater harvesting are driving the polyolefin pipes market.

The increase in demand for polyolefin pipes and the growing industrial development in the emerging economies, such as APAC and South America, are driving the market. The key players in the polyolefin pipes market include AGRU (Austria), GF Piping Systems (Switzerland), Advanced Drainage Systems (US), Chevron Phillips Chemical Company (US), JM Eagle (US), Aliaxis (Belgium), Radius Systems (UK), Prinsco (US), Polyplastic Group (Russia), Nan Ya Plastics Corporation (Taiwan), Thai-Asia P.E. (Thailand), United Poly Systems (US), Future Pipe Industries (UAE), WL Plastics (US), Aquatherm (US), Blue Diamond Industries (US), Armtec (Canada), Pipeline Plastics (US), TeraPlast Group (Romania), Charter Plastics (US), Infra Pipe Solutions Pvt Ltd. (Canada), Pars Ethylene Kish (Iran), Vesbo Piping Systems (Turkey). These market leaders have adopted various organic as well as inorganic growth strategies between January 2015 and November 2021 to strengthen their position in the polyolefin pipes market. The strategy of acquisitions and expansions were among the major growth strategies adopted by the leading market players to enhance their regional presence and meet the growing demand for polyolefin pipes in emerging economies

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AGRU is one of the leading manufacturers of products based on engineering plastics. The company manufactures industrial piping systems, semi-finished products, concrete protection liners, and lining systems manufactured from engineering plastics. It serves the water, oil & gas, energy, chemical and heavy industries, mining, and civil engineering industries through its broad portfolio of products. The company serves all major end-use industries through its wide product portfolio based on high quality plastics. It serves the diverse requirements of its customers by utilizing its technical expertise in the engineering plastics domain. The company operates through its companies, namely, AGRU Kunststofftechnik, AGRU America Inc. AGRU China Inc., AGRU Oberflachentechnik GmbH, AGRU Nevada Inc, AGRU-Frank GmbH, and TWS Thermoplastic Winding Systems. It has nine manufacturing facilities in China, US, Austria, Germany, and Poland. The company has a presence in 100 countries worldwide. The company target major application area such as, wastewater pipelines and high purity piping systems to sustain in the market.

Georg Fischer Piping Systems is a leading flow solutions provider operating across the world. The company manufactures plastic pipes, multilayer pipes, pre-insulated pipes, and double containment pipes. It operates through three business segments, namely, Piping Systems, Casting Solutions, and Machining Solutions. It offers thermoplastic and PO pipes through its Piping Systems business segment. GF's piping systems business segment focuses on system solutions and high-quality components for the safe transportation of water, chemicals, and gases as well as corresponding services. It also provides fittings, valves, pipes, automation, and jointing technologies for all applications. The major end users of the company are utilities, industries, and building technology. The Piping Systems business segment accounted for a 54% share of the company's total revenue in 2020. In January 2021, GF Piping Systems acquired FGS Brazil Industries which serves the local water and gas distribution market and other industrial segments. The acquisition provides GF Piping Systems with a unique platform for further growth in Brazil and South America.

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