From GlobeNewswire: 2025-02-07 09:00:00

The global plastic pipes market is growing, driven by demand from construction and wastewater infrastructure. Market expected to reach US$103.51 billion by 2031 with a CAGR of 5.9%. Asia Pacific leads in revenue share. Plastic pipes are crucial in residential and commercial construction, with a focus on sustainability and innovation.

Rising population, urbanization, and economic conditions drive growth in housing market. Plastic pipes are crucial in construction, with PVC, PEX, and HDPE being preferred materials. Government initiatives like the Housing Accelerator Fund in Canada and increased residential construction activities contribute to market growth.

Innovations in plastic pipe formulation and production processes are driving market growth. Nanotechnology, smart sensors, and additive manufacturing are enhancing performance and sustainability. Asia Pacific leads the market, with Europe and North America following. The market is segmented by type, material, application, and region.

Key players in the plastic pipes market include JM Eagle Inc, Uponor Corp, Georg Fischer Ltd, and more. Trending topics include PEX pipes and multilayer plastic pipes. Global headlines include Borouge launching the Gulf Plastics Pipe Academy. The market is growing with a focus on sustainability and regulatory standards for eco-friendly formulations.

For more information on the plastic pipes market and to customize research, visit The Insight Partners website. The market is evolving with opportunities for stakeholders in raw materials, manufacturing, and distribution. Contact person Ankit Mathur at [email protected] or +1-646-491-9876 for further inquiries.



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