Albany NY, United States, May 10, 2022 (GLOBE NEWSWIRE) -- Polyethylene (PE) pipes and fittings including both HPDE and LDPE materials are gathering acceptance in wide range of industrial and commercial applications. Infrastructure in water irrigation, water distribution, and oil & gas distribution are extensively utilizing polyethylene material in above-the-ground as well as underground piping applications, thus driving the sales in the polyethylene pipes & fittings market. The global valuation is projected to cross US$ 20 Bn by 2030, finds a TMR study.
The need for modernizing aging water infrastructure notably in developing regions is propelling substantial revenue gains in the polyethylene pipes & fittings market. In developed countries, constant evaluation of the reliability of water supply systems has fuelled the sales revenues in the past few decades. Advancements in mechanical joining techniques and emerging technologies for producing lightweight and durable thermoplastic have enriched the value chain of the polyethylene pipes & fittings market.
The demand for durable piping and fittings for water and gas distribution worldwide is a key driver of the polyethylene pipes & fittings market. Over the years, the adoption of corrosion and maintenance free solutions for water & gas distribution infrastructure globally has bolstered the prospects, notes the in-depth TMR study.
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Key Findings of Polyethylene Pipes & Fittings Market Study
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Polyethylene Pipes & Fittings Market: Key Drivers
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Polyethylene Pipes & Fittings Market: Regional Growth Dynamics
Polyethylene Pipes & Fittings Market: Key Players
Some of the key players in the market are BLUE DIAMOND INDUSTRIES, LLC, Quick Fitting Inc., Uponor, Watts Water Technologies, Inc., Supreme Pipes, Apollo Pipes, Advanced Drainage Systems, Inc., and Dow Chemical Company.
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Global Polyethylene Pipes & Fittings Market: Segmentation Polyethylene Pipes & Fittings Market, by Material
Polyethylene Pipes & Fittings Market, by Product
Polyethylene Pipes & Fittings Market, by Application
Polyethylene Pipes & Fittings Market, by Region
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