Non-corrosive thermoplastic pipes don't need to be maintained. Because they are less expensive and need less time to install, these pipes are primarily utilized to lower the installation and maintenance costs associated with maintaining pipelines. Players involved in creating and releasing different thermoplastic pipes for various applications across several end-user verticals make up the global thermoplastic pipe market. Over the projection period of 2022–2030, the market is anticipated to develop at a compound annual growth rate (CAGR) of 3.5%.

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Growth Drivers:
Thermoplastics are advantageous because of their high chemical resistance, flexibility, superior strength, corrosion and wear resistance, lightweight, cost-effectiveness, low installation and maintenance cost, excellent flow characteristics, and capacity to operate at a higher temperature. These properties allow them to be used in a variety of applications, such as seawater intake and discharge, chemical injections, water transport and distribution, water disposal, high-pressure water infiltration, and high-temperature heat transfer. The thermoplastic pipe market is anticipated to increase over the course of the forecast period due to the accelerated growth of these end-user industries and the rising offshore oil and gas drilling techniques.
The use of various designed thermoplastic materials in the production of pipes has increased over time. Additionally, grades of these materials including polyethylene (PE), polyamide (PA), and polyvinylidene fluoride (PVDF) are becoming more and more popular across a variety of end-user sectors. The market for thermoplastic pipes around the world is expanding as a result of this cause.
Thermoplastic Pipe Market Segmentation:
By Product Type:
• Reinforced Thermoplastic Pipes (RTP)
• Thermoplastic Composite Pipes (TCP)

By Polymer Type:
• Polyethylene (PE)
• Polypropylene (PP)
• Polyvinylidene Fluoride (PVDF)
• Polyvinyl Chloride (PVC)
• Others

By End-User Industry:
• Oil & Gas
• Water & Wastewater
• Mining & Dredging
• Utilities & Renewables

By Application:
• Onshore
• Offshore

By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Key Companies in Thermoplastic Pipe Market:
The research report offers a competitive analysis of prominent companies operating in the global thermoplastic pipe market. Some of the leading players profiled in the market research report include:
• Uponor Corporation
• Pipelife Nederland BV
• Airborne Oil & Gas BV
• Advanced Drainage Systems
• TechnipFMC
• NOV
• Strohm
• Baker Hughes Company
• Wienerberger
• Chevron Philips Chemical Company
• Prysmian Group
• Georg Fischer
• Shawcor
• IPEX
• PES.TEC
• Saudi Arabian Amiantit
• Simtech Process Systems
• Master Tech Company FZC
• Future Pipe Industries
• Other Players

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