Global Thermoplastic Pipe
Market Report
2025
The global Thermoplastic Pipe Market size will be USD 481.8 million in 2025. Rising demand in oil & gas industry is expected to boost sales to USD 797.4 million by 2033, with a Compound Annual Growth Rate (CAGR) of 6.50% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Thermoplastic Pipe Market Report 2025.
According to Cognitive Market Research, the global Thermoplastic Pipe Market size will be USD 481.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 6.50% from 2025 to 2033.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Thermoplastic Pipe Market Sales Revenue | 121212 | 121212 | $ 797.4 Million | 6.5% |
North America Thermoplastic Pipe Market Sales Revenue | 121212 | $ 178.27 Million | $ 249.7 Million | 4.3% |
United States Thermoplastic Pipe Market Sales Revenue | 121212 | $ 140.65 Million | 121212 | 4.1% |
Canada Thermoplastic Pipe Market Sales Revenue | 121212 | $ 21.39 Million | 121212 | 5.1% |
Mexico Thermoplastic Pipe Market Sales Revenue | 121212 | $ 16.22 Million | 121212 | 4.8% |
Europe Thermoplastic Pipe Market Sales Revenue | 121212 | $ 139.72 Million | $ 203.3 Million | 4.8% |
United Kingdom Thermoplastic Pipe Market Sales Revenue | 121212 | $ 23.47 Million | 121212 | 5.6% |
France Thermoplastic Pipe Market Sales Revenue | 121212 | $ 12.85 Million | 121212 | 4% |
Germany Thermoplastic Pipe Market Sales Revenue | 121212 | $ 27.66 Million | 121212 | 5% |
Italy Thermoplastic Pipe Market Sales Revenue | 121212 | $ 12.02 Million | 121212 | 4.2% |
Russia Thermoplastic Pipe Market Sales Revenue | 121212 | $ 21.66 Million | 121212 | 3.8% |
Spain Thermoplastic Pipe Market Sales Revenue | 121212 | $ 11.46 Million | 121212 | 3.9% |
Sweden Thermoplastic Pipe Market Sales Revenue | 121212 | $ 4.33 Million | 121212 | 4.9% |
Denmark Thermoplastic Pipe Market Sales Revenue | 121212 | $ 2.93 Million | 121212 | 4.6% |
Switzerland Thermoplastic Pipe Market Sales Revenue | 121212 | $ 2.1 Million | 121212 | 4.5% |
Luxembourg Thermoplastic Pipe Market Sales Revenue | 121212 | $ 1.68 Million | 121212 | 5.1% |
Rest of Europe Thermoplastic Pipe Market Sales Revenue | 121212 | $ 19.56 Million | 121212 | 3.5% |
Asia Pacific Thermoplastic Pipe Market Sales Revenue | 121212 | $ 115.63 Million | $ 222.1 Million | 8.5% |
China Thermoplastic Pipe Market Sales Revenue | 121212 | $ 48.57 Million | 121212 | 8% |
Japan Thermoplastic Pipe Market Sales Revenue | 121212 | $ 15.96 Million | 121212 | 7% |
South Korea Thermoplastic Pipe Market Sales Revenue | 121212 | $ 13.88 Million | 121212 | 7.6% |
India Thermoplastic Pipe Market Sales Revenue | 121212 | $ 11.56 Million | 121212 | 10.4% |
Australia Thermoplastic Pipe Market Sales Revenue | 121212 | $ 6.01 Million | 121212 | 7.8% |
Singapore Thermoplastic Pipe Market Sales Revenue | 121212 | $ 2.31 Million | 121212 | 8.8% |
Taiwan Thermoplastic Pipe Market Sales Revenue | 121212 | $ 4.51 Million | 121212 | 8.3% |
South East Asia Thermoplastic Pipe Market Sales Revenue | 121212 | $ 7.63 Million | 121212 | 9.3% |
Rest of APAC Thermoplastic Pipe Market Sales Revenue | 121212 | $ 5.2 Million | 121212 | 8.3% |
South America Thermoplastic Pipe Market Sales Revenue | 121212 | $ 18.31 Million | $ 28.1 Million | 5.5% |
Brazil Thermoplastic Pipe Market Sales Revenue | 121212 | $ 7.84 Million | 121212 | 6.1% |
Argentina Thermoplastic Pipe Market Sales Revenue | 121212 | $ 3.08 Million | 121212 | 6.4% |
Colombia Thermoplastic Pipe Market Sales Revenue | 121212 | $ 1.63 Million | 121212 | 5.3% |
Peru Thermoplastic Pipe Market Sales Revenue | 121212 | $ 1.5 Million | 121212 | 5.7% |
Chile Thermoplastic Pipe Market Sales Revenue | 121212 | $ 1.32 Million | 121212 | 5.8% |
Rest of South America Thermoplastic Pipe Market Sales Revenue | 121212 | $ 2.95 Million | 121212 | 4.6% |
Middle East Thermoplastic Pipe Market Sales Revenue | 121212 | $ 19.27 Million | $ 30.3 Million | 5.8% |
Qatar Thermoplastic Pipe Market Sales Revenue | 121212 | $ 1.54 Million | 121212 | 5.3% |
Saudi Arabia Thermoplastic Pipe Market Sales Revenue | 121212 | $ 6.78 Million | 121212 | 6.1% |
Turkey Thermoplastic Pipe Market Sales Revenue | 121212 | $ 1.54 Million | 121212 | 6.4% |
UAE Thermoplastic Pipe Market Sales Revenue | 121212 | $ 3.97 Million | 121212 | 6.3% |
Egypt Thermoplastic Pipe Market Sales Revenue | 121212 | $ 1.16 Million | 121212 | 5.6% |
Rest of Middle East Thermoplastic Pipe Market Sales Revenue | 121212 | $ 4.28 Million | 121212 | 5% |
Africa Thermoplastic Pipe Market Sales Revenue | 121212 | $ 10.6 Million | $ 17.2 Million | 6.2% |
Nigeria Thermoplastic Pipe Market Sales Revenue | 121212 | $ 0.85 Million | 121212 | 6.4% |
South Africa Thermoplastic Pipe Market Sales Revenue | 121212 | $ 3.73 Million | 121212 | 7.1% |
Rest of Africa Thermoplastic Pipe Market Sales Revenue | 121212 | $ 6.02 Million | 121212 | 5.4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by By Product Type Outlook: |
|
Market Split by By Polymer Type Outlook: |
|
Market Split by By Application Outlook: |
|
Market Split by By End-user Industry Outlook: |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Market Drivers:
| |
Market Restrains:
| |
Market Trends:
|
Report scope is customizable as we have a huge database of Thermoplastic Pipe industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Thermoplastic Pipe Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Thermoplastic pipes are made from polymer resins that soften when heated and harden upon cooling, allowing them to be molded into various shapes. These pipes are widely used due to their lightweight, corrosion resistance, and flexibility. Applications span across industries such as oil & gas (especially for offshore drilling), water and wastewater management, mining, chemicals, and utilities. They are also increasingly utilized in infrastructure projects due to their longevity and ease of handling. Types include HDPE, PVC, CPVC, and PEX pipes, each serving specific industry needs.
In March 2022, GF Piping Systems introduced Heat-fit, the first fire-retardant pipe jacket solution for thermoplastic pipes. Designed for the shipbuilding industry, it offers a corrosion-free and lightweight piping system suitable for merchant vessels, offshore platforms, and cruise ships. https://www.gfps.com/en-fi/about-us/media-center/news-details.html/news/gfps/2022/hq/gf-piping-systems-introduces-heat-fit--the-pioneer-fire-retardant-solution-for-thermoplastic-piping-systems-in-the-shipbuilding-industry”
The growing adoption of thermoplastic pipes in the chemical and mining industries is significantly contributing to the expansion of the global market. In the chemical industry, these pipes are favored for their exceptional resistance to corrosive substances, aggressive chemicals, and high-pressure environments. Traditional metal pipes often fail or degrade quickly in such harsh conditions, leading to high maintenance costs and operational downtime. Thermoplastic pipes, particularly those made from materials like PVDF, CPVC, and HDPE, provide a durable and cost-effective alternative, ensuring the safe and efficient transport of corrosive liquids, acids, and solvents used in chemical processing. In August 2023, The Indian government has established four PCPIRs in Dahej (Gujarat), Vishakhapatnam-Kakinada (Andhra Pradesh), Paradeep (Odisha), and Cuddalore-Nagapattinam (Tamil Nadu). Under the PCPIR Policy 2020-35, these regions aim to attract investments of ?10 lakh crore (~US$142 billion) by 2025, ?15 lakh crore (~US$213 billion) by 2030, and ?20 lakh crore (~US$284 billion) by 2035. These clusters are designed to provide state-of-the-art infrastructure, including logistics and manufacturing facilities, to boost the chemical sector.
Increasing infrastructure development across the globe is a major driver for the thermoplastic pipe market. As countries invest heavily in upgrading and expanding their infrastructure—ranging from water supply networks and sewage systems to gas distribution and telecommunications—there is a growing demand for reliable, durable, and cost-effective piping solutions. Thermoplastic pipes, known for their corrosion resistance, flexibility, and long service life, are becoming the material of choice for modern infrastructure projects. They offer significant advantages over traditional materials like steel or concrete, including easier handling, quicker installation, and lower maintenance costs. Urbanization and population growth are further accelerating infrastructure development, particularly in emerging economies. Governments and private players are launching large-scale projects to build smart cities, improve public utilities, and enhance transportation and energy systems.
The high initial cost of advanced thermoplastic pipes remains a significant restraint for the market, particularly in cost-sensitive regions and industries. While thermoplastic pipes offer numerous long-term benefits—such as resistance to corrosion, ease of installation, and low maintenance—these advantages often come with a higher upfront price tag compared to traditional materials like PVC, metal, or concrete. Advanced variants, such as reinforced thermoplastic pipes (RTPs) and those made with specialized polymers like PVDF or PEEK, can be especially expensive due to the complex manufacturing processes and high-quality raw materials involved. This elevated initial cost can be a deterrent for smaller infrastructure projects, municipalities with tight budgets, and companies operating in developing countries. Many decision-makers focus on short-term capital expenditure rather than long-term operational savings, making it challenging to justify the investment in premium thermoplastic solutions.
The increased global focus on wastewater management is creating substantial opportunities for the thermoplastic pipe market. As urban populations grow and industrial activities expand, the need for effective and sustainable wastewater treatment systems has become more critical than ever. Governments and environmental agencies worldwide are tightening regulations around water pollution and sanitation, pushing municipalities and industries to invest in modern wastewater infrastructure. Thermoplastic pipes, with their excellent chemical resistance, non-corrosive nature, and durability, are ideally suited for such applications, making them a preferred choice in sewage and wastewater conveyance systems. In December 2022, the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 aims to provide tap water supply to all households across 4,800 statutory towns. As of mid-2023, approximately 50% of the approved projects, worth 1.82 lakh crore, focus on water supply, sewerage, and septage management.
The expansion of renewable energy infrastructure is emerging as a key opportunity for the thermoplastic pipe market. As countries accelerate their transition to cleaner energy sources like solar, wind, and hydropower, there is a growing need for robust and adaptable piping systems to support these technologies. Thermoplastic pipes are being increasingly utilized in various applications within the renewable energy sector, including geothermal heating systems, cooling lines for solar farms, and underground conduits for electrical and communication cables. Their flexibility, resistance to corrosion, and long service life make them ideal for use in harsh environmental conditions often associated with renewable energy installations. In geothermal energy, for instance, thermoplastic pipes are essential for transporting heated fluids from the ground to surface-level heat exchangers. These systems require piping materials that can withstand high temperatures and chemically aggressive underground conditions—requirements that thermoplastics like HDPE and PEX meet effectively. All these factors further driving the market.
We have various report editions of Thermoplastic Pipe Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
The Thermoplastic Pipe Market is highly competitive, characterized by the presence of several global and regional players offering a wide range of products. Key companies in the market, such as Advanced Drainage Systems, Georg Fischer, National Oilwell Varco, TechnipFMC, Baker Hughes dominate through their extensive product portfolios, strong distribution networks, and focus on innovation.
In November 2023, Baker Hughes launched the PythonPipe portfolio, featuring flexible, non-metallic RTP technology. This innovation allows for faster installation, reduced emissions, and significantly lower costs compared to traditional steel pipelines. https://www.bakerhughes.com/company/news/baker-hughes-launches-new-reinforced-thermoplastic-pipe-technology" In March 2024, India's HIL Limited acquired Topline Industries Pvt Ltd. for $31.93 million. This acquisition aims to enhance HIL's production capacity and nearly double its revenue in the Pipes & Fittings business. https://economictimes.indiatimes.com/news/company/corporate-trends/ck-birla-promoted-hil-acquires-pipes-brand-topline-for-rs-265-crore/articleshow/108403407.cms?from=mdr/"
Top Companies Market Share in Thermoplastic Pipe Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America currently dominates the Thermoplastic Pipe Market, and the region is expected to have significant growth during the projected period. In North America, the adoption of thermoplastic pipes is primarily driven by stringent environmental regulations, aging infrastructure, and the need for more sustainable construction solutions. With the U.S. and Canada focusing on improving their aging water and sewer systems, there is a heightened demand for materials that offer durability, corrosion resistance, and long service lives. Thermoplastic pipes, such as those made from high-density polyethylene (HDPE) and polyvinyl chloride (PVC), are particularly attractive due to their ability to withstand corrosive environments, reducing the need for costly repairs and replacements over time. The focus on sustainable development has further pushed governments and municipalities to adopt green materials like thermoplastics in construction projects, aligning with long-term environmental goals.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The Asia-Pacific region offers vast opportunities for thermoplastic pipes due to rapid urbanization, industrialization, and significant investments in infrastructure development. As countries like China, India, and Indonesia continue to experience explosive population growth and industrial expansion, the demand for effective, durable, and cost-efficient piping solutions is on the rise. The growing need for reliable water distribution networks, sewage systems, and irrigation projects presents a significant market for thermoplastic pipes. These regions are focusing on modernizing their infrastructure to meet the needs of expanding urban populations, and thermoplastic pipes, with their corrosion resistance and long-lasting performance, are being increasingly incorporated into these infrastructure upgrades.
The current report Scope analyzes Thermoplastic Pipe Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the global Thermoplastic Pipe Market size was estimated at USD 481.8 Million, out of which North America held the major market share of more than 37% of the global revenue with a market size of USD 178.27 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2033.
According to Cognitive Market Research, the US had a major share in the Thermoplastic Pipe Market with a market size of USD 140.65 million in 2025 and is projected to grow at a CAGR of 4.1% during the forecast period. Need for cost-effective alternatives to metal pipes drives United State Thermoplastic Pipe Market.
The Canadian Thermoplastic Pipe Market had a market share of USD 21.39 million in 2025 and is projected to grow at a CAGR of 5.1% during the forecast period. Increasing adoption of corrosion-resistant materials in construction drives Canada Thermoplastic Pipe Market.
The Mexico Thermoplastic Pipe Market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 16.22 million in 2025..
According to Cognitive Market Research, The global Thermoplastic Pipe Market size was estimated at USD 481.8 Million, out of which Europe held the market share of more than 29% of the global revenue with a market size of USD 2538.7 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033.
The United Kingdom Thermoplastic Pipe Market had a market share of USD 23.47 million in 2025 and is projected to grow at a CAGR of 5.6% during the forecast period. Technological advancements in pipe manufacturing techniques drives United Kingdom Thermoplastic Pipe Market.
The France Thermoplastic Pipe Market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 12.85 million in 2025.
According to Cognitive Market Research, the German Thermoplastic Pipe Market size was valued at USD 27.66 million in 2025 and is projected to grow at a CAGR of 5.0% during the forecast period. Growing preference for sustainable building materials drives Germany Thermoplastic Pipe Market.
The Italy Thermoplastic Pipe Market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 12.02 million in 2025.
The Russia Thermoplastic Pipe Market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 21.66 million in 2025
The Spain Thermoplastic Pipe Market is projected to witness growth at a CAGR of 3.9% during the forecast period with a market size of USD 11.46 million in 2025
The Sweden Thermoplastic Pipe Market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 4.33 million in 2025.
The Denmark Thermoplastic Pipe Market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 2.93 million in 2025
The Switzerland Thermoplastic Pipe Market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 2.10 million in 2025.
The Luxembourg Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 1.68 million in 2025.
The Rest of Europe's Thermoplastic Pipe Market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 19.56 million in 2025.
According to Cognitive Market Research, the global Thermoplastic Pipe Market size was estimated at USD 481.8 Million, out of which APAC held the market share of around 24% of the global revenue with a market size of USD 15165.3 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2025 to 2033.
The China Thermoplastic Pipe Market size was valued at USD 48.57 million in 2025 and is projected to grow at a CAGR of 8.0% during the forecast period. Thermoplastic Pipe Market surged in China due to technological advancements in pipe manufacturing techniques.
The Japan Thermoplastic Pipe Market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 15.96 million in 2025
The South Korea Thermoplastic Pipe Market had a market share of USD 13.88 million in 2025 and is projected to grow at a CAGR of 7.6% during the forecast period. Growing preference for sustainable building materials drives South Korea Thermoplastic Pipe Market.
The Indian Thermoplastic Pipe Market is projected to witness growth at a CAGR of 10.4% during the forecast period, with a market size of USD 11.56 million in 2025.
The Australian Thermoplastic Pipe Market is projected to witness growth at a CAGR of 7.8% during the forecast period, with a market size of USD 6.01 million in 2025.
The Singapore Thermoplastic Pipe Market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 2.31 million in 2025.
The Taiwan Thermoplastic Pipe Market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 4.51 million in 2025.
The South East Asia Thermoplastic Pipe Market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 7.63 million in 2025.
The Rest of APAC Thermoplastic Pipe Market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 5.20 million in 2025.
According to Cognitive Market Research, the global Thermoplastic Pipe Market size was estimated at USD 481.8 Million, out of which South America held the market share of around 3.8% of the global revenue with a market size of USD 18.31 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2033.
The Brazil Thermoplastic Pipe Market size was valued at USD 7.84 million in 2025 and is projected to grow at a CAGR of 6.1% during the forecast period. Demand for non-corrosive materials in mining operations drives Brazil Thermoplastic Pipe Market.
Argentina's Thermoplastic Pipe Market had a market share of USD 3.08 million in 2025 and is projected to grow at a CAGR of 6.4% during the forecast period. Growth in the healthcare sector, requiring specialized piping solutions drives Argentina Thermoplastic Pipe Market.
Colombia Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 1.63 million in 2025
Peru Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 1.50 million in 2025.
Chile Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 1.32 million in 2025
The Rest of South America's Thermoplastic Pipe Market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 2.95 million in 2025.
According to Cognitive Market Research, the global Thermoplastic Pipe Market size was estimated at USD 481.8 Million, out of which the Middle East held the major market share of around 4% of the global revenue with a market size of USD 19.27 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2033..
The Qatar Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 1.54 million in 2025. Surge in demand for thermoplastic pipes in the marine sector drives Qatar Thermoplastic Pipe Market.
The Saudi Arabia Thermoplastic Pipe Market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 6.78 million in 2025. Increasing need for specialized piping systems in food and beverage industries drives Saudi Arabia Thermoplastic Pipe Market.
The Turkey Thermoplastic Pipe Market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 1.54 million in 2025. Thermoplastic Pipe Market sales flourished in Turkey due to Growing importance of leak detection and prevention technologies.
The UAE Thermoplastic Pipe Market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 3.97 million in 2025.
The Egypt Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 1.16 million in 2025.
The Rest of the Middle East Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 4.28 million in 2025
According to Cognitive Market Research, the global Thermoplastic Pipe Market size was estimated at USD 481.8 Million, out of which the Africa held the major market share of around 2.20% of the global revenue with a market size of USD 10.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2033.
The Nigeria Thermoplastic Pipe Market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 0.85 million in 2025. Thermoplastic Pipe Market sales flourish due to Rising investments in the construction of new residential housing.
The South Africa Thermoplastic Pipe Market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 3.73 million in 2025.
The Rest of Africa Thermoplastic Pipe Market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 6.02 million in 2025.
Global Thermoplastic Pipe Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Thermoplastic Pipe Industry growth. Thermoplastic Pipe market has been segmented with the help of its By Product Type Outlook:, By Polymer Type Outlook: By Application Outlook:, and others. Thermoplastic Pipe market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Thermoplastic Pipe Market?
According to Cognitive Market Research, TCP is likely to dominate the Thermoplastic Pipe Market. Thermoplastic pipes have gained widespread use in various industries, including in Thermoplastic Composite Pipes (TCPs), due to their unique combination of durability, flexibility, and resistance to corrosion. TCPs typically combine the benefits of thermoplastic materials with reinforcement fibers, creating a composite structure that is both strong and lightweight. These pipes are widely used in sectors such as oil and gas, water transportation, and industrial fluid systems. In June 2023, The NCC initiated a joint industry project to assess the hydrogen permeability of TCPs. This initiative aims to establish a comprehensive database to guide the design and deployment of hydrogen-ready TCPs, addressing safety and performance concerns.
RTP is the fastest-growing segment in the Thermoplastic Pipe Market. Thermoplastic pipes play a crucial role in the design and operation of reinforced thermoplastic pipes (RTP), a type of flexible piping system commonly used in various industries such as oil and gas, water distribution, and chemical processing. RTPs consist of multiple layers, where thermoplastic materials like polyethylene (PE), polypropylene (PP), and polyvinyl chloride (PVC) are combined with reinforcing fibers such as aramid or fiberglass to create a strong yet flexible pipe. The thermoplastic layer provides the pipe with several advantages, such as high resistance to corrosion, chemical exposure, and ease of installation, making it suitable for environments where traditional steel or concrete pipes might fail due to their susceptibility to chemical degradation.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Thermoplastic Pipe Industry. Request a Free Sample PDF!
According to Cognitive Market Research, PE segment is likely to dominate the Thermoplastic Pipe Market. Thermoplastic pipes, particularly those made from polyethylene (PE), have seen widespread usage in various industries due to their superior chemical resistance, flexibility, and cost-effectiveness. Polyethylene, a type of thermoplastic, is known for its durability and resistance to corrosion, which makes it an ideal material for pipes used in applications like water supply, gas distribution, and even wastewater systems. The ability of PE pipes to withstand a wide range of temperatures, from freezing conditions to high temperatures, further enhances their applicability in diverse environments. One of the key advantages of thermoplastic PE pipes is their ease of installation. Unlike traditional metal pipes, which often require welding or complex fittings, PE pipes can be easily fused together using heat fusion techniques.
In the Thermoplastic Pipe Market, the PVC segment has been expanding at a rapid pace. The primary advantage of PVC pipes is their resistance to corrosion and chemical degradation. Unlike metal pipes, PVC does not rust, making it a preferred choice in environments where water or other liquids could cause metal pipes to corrode over time. This makes PVC particularly useful in applications where long-term resistance to harsh chemicals, such as in sewage systems or chemical transport, is required. Additionally, PVC pipes are known for their ability to withstand high pressure, making them suitable for applications like water supply systems and drainage. Another key benefit of thermoplastic PVC pipes is their cost-effectiveness and ease of installation. They are lightweight compared to metal alternatives, reducing transportation costs and making handling easier during installation.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, the Onshore segment holds the largest market share. In onshore applications, thermoplastic pipes are commonly used for transporting fluids such as water, gas, oil, and chemicals. They are especially beneficial in industries like agriculture, construction, mining, and oil and gas, where corrosion from chemicals and environmental exposure can compromise the integrity of traditional metal pipes. The flexibility of thermoplastic pipes allows them to be laid without the need for complex fittings, reducing installation time and the risk of leaks. Furthermore, these materials offer good resistance to scaling and fouling, making them suitable for use in systems where high flow rates or aggressive fluids are present.
In the Thermoplastic Pipe Market, Offshore is expected to be the fastest growing segment in the market. One of the primary benefits of thermoplastic pipes in offshore applications is their resistance to corrosion. In offshore environments, where pipelines are constantly exposed to saltwater, the threat of rust and corrosion is significant. Thermoplastic materials, however, are impervious to corrosion, extending the lifespan of offshore pipelines and reducing the need for costly maintenance and repairs. This corrosion resistance is critical in the harsh, corrosive environments of deep-water fields and subsea installations. Thermoplastic pipes are also lightweight compared to traditional materials, making them easier to transport and install. The reduced weight of thermoplastic pipes can lower transportation costs and make installation less challenging, especially in remote offshore locations where logistics are complicated.
According to Cognitive Market Research, the Oil & Gas segment holds the largest market share. Thermoplastic pipes have seen growing use in the oil and gas industry due to their inherent advantages over traditional materials such as steel and concrete. These pipes are made from polymers such as polyethylene (PE), polypropylene (PP), and polyvinylidene fluoride (PVDF), which provide a unique combination of flexibility, durability, and corrosion resistance, making them ideal for a range of applications in oil and gas operations. One of the key benefits of thermoplastic pipes is their resistance to aggressive chemicals and harsh environmental conditions, which are common in oil and gas extraction and transportation. These properties significantly extend the service life of pipelines, reducing maintenance and replacement costs.
In the Thermoplastic Pipe Market, Water & Wastewater Treatment is expected to be the fastest growing segment in the market. In water treatment plants, thermoplastic pipes are used for both the transportation of potable water and the conveyance of treated effluent. Their ability to withstand pressure without leaking or failing under extreme conditions makes them a reliable choice for pressurized systems. PVC pipes, for example, are commonly used in water mains and irrigation systems because they are lightweight, easy to handle, and cost-effective. HDPE pipes, known for their flexibility and toughness, are often employed in trenchless construction techniques, where they can be pulled or pushed into place without the need for extensive excavation. This flexibility not only reduces installation time but also minimizes disruption to the surrounding environment.
Research Analyst at Cognitive Market Research
Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.
Ashwini Moharir is a market research professional with over 2 years of hands-on experience in delivering strategic insights and data-driven analysis across the healthcare and food & beverage sectors. She specializes in gathering and interpreting market data to support business decisions, product development, and competitive positioning.
With a foundation in teaching and research & development, Ashwini brings a well-rounded perspective that enhances her approach to market analysis. Her ability to combine academic rigor with practical industry knowledge allows her to uncover deeper insights and provide actionable recommendation.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
By Product Type Outlook: | TCP, RTP |
By Polymer Type Outlook: | PE, PP, PVDF, PVC, Others |
By Application Outlook: | Onshore, Offshore |
By End-user Industry Outlook: | Oil & Gas, Water & Wastewater Treatment, Mining & Dredging |
List of Competitors | Advanced Drainage Systems, Georg Fischer, National Oilwell Varco, TechnipFMC, Baker Hughes, Prysmian Group, Wienerberger AG, IPEX Inc, Strohm, Shawcor Ltd |
This chapter will help you gain GLOBAL Market Analysis of Thermoplastic Pipe. Further deep in this chapter, you will be able to review Global Thermoplastic Pipe Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Thermoplastic Pipe. Further deep in this chapter, you will be able to review North America Thermoplastic Pipe Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Thermoplastic Pipe. Further deep in this chapter, you will be able to review Europe Thermoplastic Pipe Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Thermoplastic Pipe. Further deep in this chapter, you will be able to review Asia Pacific Thermoplastic Pipe Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Thermoplastic Pipe. Further deep in this chapter, you will be able to review South America Thermoplastic Pipe Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Thermoplastic Pipe. Further deep in this chapter, you will be able to review Middle East Thermoplastic Pipe Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Thermoplastic Pipe. Further deep in this chapter, you will be able to review Middle East Thermoplastic Pipe Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Thermoplastic Pipe. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation By Product Type Outlook: Analysis 2019 -2031, will provide market size split by By Product Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by By Product Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by By Polymer Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by By Application Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by By End-user Industry Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Thermoplastic Pipe market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why TCP have a significant impact on Thermoplastic Pipe market? |
What are the key factors affecting the TCP and RTP of Thermoplastic Pipe Market? |
What is the CAGR/Growth Rate of PE during the forecast period? |
By type, which segment accounted for largest share of the global Thermoplastic Pipe Market? |
Which region is expected to dominate the global Thermoplastic Pipe Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|