PE Pipe Resin Market By Product (PE 100, PE 80, and Other), By Applications (Water Supply Pipe, Sewage and Drainage Pipe, Oil and Gas Pipe, Agriculture Pipe, and Others), and By Region Trends, Analysis, and Forecast Till 2029

PE pipe resin refers to PE resin which is mainly used during the production process of PE pipe. Currently, the most widely used PE resin is PE 80 and PE 100. High-density polyethylene or polyethylene high density (PEHD) is also termed as “alkathene’ or “polythene” whenever used for pipes is a kind of thermoplastic made from petroleum. It is the most commonly used plastic globally. The polymer is labeled as #2 plastic, primarily found in plastic bags, refill plastic bottles or milk jugs etc.

The polymer with high-density ration is majorly used for producing plastic bottles, pipes which are corrosion resistant, geomembranes and plastic lumber. High-density plastics have several distinguishing properties which make it ideal for the packaging industry. It is stronger than standard polyethylene and is a strong barrier against moisture, also maintains its solid state at odd temperatures. PE pipe resin market accounted for US$ XX billion in 2019 and is estimated to be US$ XX billion by 2029 and is anticipated to register a CAGR of XX%.

Increasing Application of PE Pipes in Various End Use Industries

Owing to the increasing application of PE pipes in various end use industries, the market for PE pipe is expected to witness substantial growth. The growth in demand from water irrigation systems in agricultural industry is expected to drive the growth of the PE pipe market. The advantageous properties of PE pipes make them appropriate for numerous applications including flood irrigation, drip irrigation, portable water supply & distribution, sewage & industrial effluent disposal, air-conditioning & refrigeration ducting, electrical installations, and drainage pipes. The major driving factor of the polyethylene market is from growing demand of in the packaging industry. It’s a preferred material in the packaging industry because of it is comparatively a low-cost material. Rise in demand for plastic pipes being widely used as a substitute for domestic plumbing is the major driving force for this material in the global market.

Rapid urbanization

Rapid urbanization is anticipated to increase the demand for water supply, leading to increase in requirement of PE pipes. Furthermore, growth in sewage disposal infrastructure fuels the demand for PE pipes.

Conversely, volatile raw material prices attributed to fluctuation in prices of crude oil is expected to hamper the market growth. Whereas, innovation and technological advancements in PE pipe provide future growth opportunities to the PE pipes market.

PE pipe resin market is segmented based on the product, application, and region.

On the basis of the product, the PE pipe resin market is segmented into PE 100, PE 80, other. On the basis of applications, the target market is classified into water supply pipe, sewage and drainage pipe, oil and gas pipe, agriculture pipe, others.

Regional Insights:

In the region, the PE pipe resin market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America PE pipes market is anticipated to witness high growth rate during the forecast period owing to growth in use of PE pipes in wide range of in industrial sectors ranging from food packaging, cosmetics to technical parts, and pipes for the construction sector. Asia is the leading region in the production of high-density polyethylene. It occupies a share of 36% in the global production capacity of the polymer. China is the leading country in the production of the polymer in Asia. Middle-East at 17%. Middle-East and China are the fastest growing regions in addition to new production capacity.

PE Pipe Resin Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029.  For the purpose of this study, has segmented the PE pipe resin market report based on product, application, and region.

PE Pipe Resin Market, By Product:

• PE 100
• PE 80
• Other

PE Pipe Resin Market, By Application:

• Water Supply Pipe
• Sewage and Drainage Pipe
• Oil and Gas Pipe
• Agriculture Pipe
• Others

PE Pipe Resin Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating in the PE pipe resin market LyondellBasell, Dow, Borealis, SABIC, Chevron Phillips Chemical, Ineos, Braskem, Total, Exxon Mobil, and SINOPEC.  The prominent players are constantly involved in the development of new or combination of product. Investment in R&D is one of the planned measures to beat the competition. For instance, in August 2020, Borealis successfully completes the acquisition of a controlling stake in South Korean compounder DYM Solution Co. Ltd.

• LyondellBasell
• Dow
• Borealis
• SABIC
• Chevron Phillips Chemical
• Ineos
• Braskem
• Total
• Exxon Mobil
• SINOPEC