A plastic hot & cold pipe is a hollow plastic cylinder or tubular piece that is formed by the usage of plastic. This is a circular cross-section that is adopted for transporting hot & cold liquids and gases, slurries, powders, and masses of small solids and is used in applications such as water plumbing pipes, radiator connection pipes, and underfloor surface heating & cooling.
Factors such as rising government support and incentives for the use of underfloor heating systems, expansion of the construction industry, and increasing initiatives by the leading market players are driving the global market growth. For instance, according to Statista, in 2017, the spending on the construction sector stood at USD 10.9 trillion, which is anticipated to rise to USD 12.5 trillion by the year 2030. Thereby, the development of the construction sector is fueling the demand for plastic hot and cold pipes, which is bolstering the market growth across the globe.
However, instability in the raw material prices and the imposition of several restrictions on the usage of polybutylene (PB) piping systems impede the growth of the market over the forecast period of 2022-2028. Also, increasing benefits of corrosion resistance plastic hot and cold pipes compared to metal plumbing and fitting pipes and the growing development of advanced piping systems and methods to detect leaks are anticipated to act as catalyzing factors for the market demand during the forecast period.
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The key regions considered for the global Plastic Hot & Cold Pipe Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the sustained growth of the construction industry and rise in domestic oil & gas exploration and production activity. Whereas, Europe is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the development of the industrial sector, and the increasing expenditure on residential construction activities, would create lucrative growth prospects for the Plastic Hot & Cold Pipe Market across the European region.
Major market players included in this report are:
Georg Fischer Ltd.
Wienerberger
Aliaxis
Uponor
Genuit Group
Chevron Philips
Wavin Asia
Astral Pipes
Sioux Chief
Hewing GmBH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Raw Material:
Cross-Linked Polyethylene (PEX)
Polyethylene – Raised Temperatures (PE-RT)
Polypropylene Random Copolymer (PPR)
Chlorinated Polyvinyl Chloride (C-PVC)
Polybutylene (PB)
By Application:
Water Plumbing Pipes
Radiator Connection Pipes
Underfloor Surface Heating & Cooling
By End-User:
Residential
Commercial
Industrial
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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