According to the research report titled ‘Global HDPE Pipes Market (Value, Volume): Analysis By Grade Type, Application, Diameter, By Region, By Country (2020 Edition): Market Insights and Outlook Post Covid-19 Pandemic (2020-2025) -.’, available with Market Study Report, global HDPE pipes market was worth USD 17,317.5 million in 2019 and is projected to register a healthy growth rate through 2025.
 

As per the findings of the report, global HDPE pipes market is majorly driven by demand in agriculture sector for irrigation systems and ongoing development of sewage disposal infrastructure across the globe. Moreover, rise in agriculture and industrial activities along with growing oil & gas exploration and production activities will further augment the industry size in the forthcoming years.
 

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On the contrary, halt of several projects across the US, China, South Korea, and Germany, in tandem with short-term operational complications due to disruption in supply chain and lack of site access due to the COVID-19 pandemic has negatively impacted the industry expansion.
 

For the uninitiated, HDPE pipes are plastics pipes which are generally used for supplying all types of gases and liquids. Plastic pipes are preferred over metal pipes as they are lightweight, do not require open flame to weld, and flexible which eases installation and decreases breaks caused by freezing.  
 

On the geographical front, Asia Pacific HDPE pipes market is projected to register a CAGR of 8.29% over the forecast timeframe. Rapid urbanization, increasing number of residential and industrial construction, and infrastructure development contribute heavily towards the regional market growth. In addition, surging demand for oil & gas, and expansion of agriculture and industrial sectors are slated to enhance the business outlook in APAC.
 

Leading players in global HDPE pipes market are Orbia Advance Corporation, Nexam Chemical Holding, Advanced Drainage Systems, Inc., Chevron Phillips Chemical Co., LLC, Lane Enterprises, Inc., WL Plastics, United Poly Systems, Blue Diamond Industries, LLC, JM Eagle, Inc., and China Lesso Group Holdings Ltd.