SAN FRANCISCO , Oct. 5, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Large Diameter Plastic Pipes - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE Edition: 17; Released: April 2021 Executive Pool: 642 Companies: 32 - Players covered include Advanced Drainage Systems Inc.; Egeplast A. S; Finolex Industries Ltd.; Future Pipe Industries; IPEX Inc.; JM Eagle Company Inc.; National Pipe and Plastics Inc.; North American Pipe Corporation; Pipelife International GmbH; Plastika AS; Polypipe Plc; Uponor Infra Ltd.; Uponor Infra Oy and Others. Coverage: All major geographies and key segments Segments: Product Segment (HDPE, PVC) Geographies: World; United States ; Canada ; Japan ; China ; Europe (France ; Germany ; Italy ; United Kingdom ; and Rest of Europe ); Asia-Pacific ; Rest of World.
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Global Large Diameter Plastic Pipes Market to Reach 7.4 Million Tons by 2026 Amid the COVID-19 crisis, the global market for Large Diameter Plastic Pipes estimated at 5.7 Million Tons in the year 2020, is projected to reach a revised size of 7.4 Million Tons by 2026, growing at a CAGR of 4.2% over the analysis period. HDPE, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach 5 Million Tons by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the PVC segment is readjusted to a revised 3.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at 1.8 Million Tons in 2021, While China is Forecast to Reach 1.3 Million Tons by 2026 The Large Diameter Plastic Pipes market in the U.S. is estimated at 1.8 Million Tons in the year 2021. China , the world`s second largest economy, is forecast to reach a projected market size of 1.3 Million Tons by the year 2026 trailing a CAGR of 3.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada , each forecast to grow at 4.1% and 3.3% respectively over the analysis period. Within Europe , Germany is forecast to grow at approximately 3.5% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™ Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
CONTACTS: Zak Ali Director, Corporate Communications Global Industry Analysts, Inc. Phone: 1-408-528-9966 www.StrategyR.com Email: ZA@StrategyR.com
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