(Companies: Aliaxis Group S.A., Mexichem SAB de CV, China Lesso Group Holdings Ltd., Sekisui Chemical and Chevron Phillips Chemical Company LLC)
The global plastic pipes and shapes market was valued nearly at $17 billion in 2017. Asia-Pacific was the largest market for plastic pipes and shapes, accounting for more than 46% of the global market in 2018. The USA is the largest country in terms of value in the plastic pipes and shapes market.
The plastic pipe, pipe fitting, and unlaminated profile shape manufacturing market comprises companies that manufacture plastic pipes and pipe fittings, and plastics profile shapes such as rods, tubes and sausage casings. Plastic pipes are normally used for local movement of liquids and gases. Long distance and high volume pipes, such as oil and gas pipelines use a combination of materials including metals are not included in this market.
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Plastic Pipes And Shapes Market Size
The plastics pipe, pipe fitting, and unlaminated profile shape manufacturing market is expected to reach a value of around $130 billion, growing at a growth rate of about 7% during the forecast period. This is mainly due to economic growth — the global economy is expected to go through a continued period of steady growth during the forecast period. However, the market for plastics pipe, pipe fitting, and unlaminated profile shape manufacturing is expected to face certain restraints from several factors such as the reduction in free trade and environmental concerns over plastics.
Players in the market include Aliaxis Group S.A., Mexichem SAB de CV, China Lesso Group Holdings Ltd., Sekisui Chemical and Chevron Phillips Chemical Company LLC.
Aliaxis group S.A was the largest company in the plastic pipe, pipe fitting, and unlaminated profile shape manufacturing market with a around 3.4% share of the market in 2017. The company was founded in 1980 and is headquartered at Bruxelles, Belgium.
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Plastics Pipe, Pipe Fitting, And Unlaminated Profile Shape Manufacturing Market Segmentation
The global plastics pipe, pipe fitting, and unlaminated profile shape manufacturing market is further segmented based on type and geography.
By Type – The plastics pipe, pipe fitting, and unlaminated profile shape manufacturing market is segmented into unlaminated plastics profile shape, plastics pipe and pipe fitting.
By Geography – The global plastics pipe, pipe fitting, and unlaminated profile shape manufacturing market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Asia-Pacific plastic pipe, pipe fitting, and unlaminated profile shape manufacturing market is the largest region in the world. It currently accounts for almost $50 billion, or more than 46% of the global plastic pipe, pipe fitting, and unlaminated profile shape manufacturing market. The construction industry is the major end-user industry for the plastic pipe, pipe fitting, and unlaminated profile shape manufacturing market in Asia-Pacific which supports the market
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