Research and Markets has announced the addition of the “Global HDPE Pipes Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2014 to 2024” report to their offering. The Global HDPE Pipes Market is expected to reach US$ 19.7 Bn by 2024, expanding at a CAGR of 4.7% during the forecast period 2016 to 2024.
HDPE pipes market is to witness substantial growth with increasing application for the HDPE pipes in various end use industries. HDPE pipes are polyethylene thermoplastic pipes used to transit gas, water for agriculture irrigation, drinking water supply, in sewage systems and others.
HDPE pipes are widely used in sewage systems. Growing sewage disposal infrastructure across the globe is expected to drive the demand for HDPE pipes. HDPE pipes are also used in transportation of oil & gas products which is expected to fuel the demand for HDPE pipes over the forecast period (2016-2024).