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(Construction.IndustryNews247.Com, October 27, 2018 ) According to Verified Market Intelligence, The Global and GCC HDPE Pipes Market was valued at USD 14.18 billion in 2017 and is projected to reach USD 20.51 billion by 2025, growing at a CAGR of 4.7% from 2018 to 2025.
What is HDPE Pipes?
High Density Polyethylene (HDPE) Pipes are electrical conduits special designed made from various kinds of polyethylene units which facilitates the flow of fluids and gases. The manufacture of high density polyethylene pipelines are easy for transportation hence it has its applications across a diverse range of industries such as oil & gas, agricultural irrigation, water supply, sewage systems and many other. These kinds of pipeline are widely used in GCC region due to its engagement in oil and gas transportation worldwide. Thus, this contributes in the growth of GCC HDPE pipes market.
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GCC HDPE Pipes Market
Global and GCC HDPE Pipes Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Increased usage of HDPE pipelines in the telecom industries and growing use of plastic pipes as carriers have been driving the global and GCC HDPE market. Owned by the risks of leakage and breakdown of contaminants in the environment has been hampering the market growth and acts as a potential restraint for the overall market at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global and GCC HDPE Pipes Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global and GCC HDPE Pipes Market Competitive Landscape
The “Global and GCC HDPE Pipes Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Advanced Drainage Systems, Inc., Chevron Phillips Chemical Company LLC, Reliance Industries Limited, Blue Diamond Industries, LLC, Anada Culvert, Inc. (WGI Westman group, Inc.), Dura-line Corp, Dynaflex Pipe Technologies Ltd, Ipex Inc., JM eagle, Inc and many more. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global and GCC HDPE Pipes Market Segmentation, by Application
On the basis of application method, Global and GCC HDPE Pipes Market is classified into:
Oil and gas pipes
Agricultural and irrigation pipes
Water supply pipes
Sewage systems
Others
Applications of HDPE pipes in sewage systems and water supply held the largest share in 2017. The water supply segment is projected to witness the highest growth from 2018 to 2025.
Global and GCC HDPE Pipes Market Geographic Scope
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World
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About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
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Call: +1 (650) 781 4080
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Verified Market Research
Amaan Kazi
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amaankazi@verifiedmarketresearch.com
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