Thermosetting Plastic Pipe Market size was valued at USD 1.5 Billion in 2024 and is forecasted to grow at a CAGR of 7.2% from 2026 to 2033, reaching USD 2.8 Billion by 2033.
In 2022, the global thermosetting plastic pipe market was valued at approximately USD 100.1 billion, with projections indicating growth to USD 134.02 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.1% during the forecast period. This growth is driven by the increasing demand for durable and corrosion resistant piping solutions across various industries, including oil and gas, chemical processing, and water and wastewater management. Thermosetting plastic pipes are favored for their superior mechanical properties and chemical resistance, making them suitable for applications requiring high performance and longevity. Regionally, Asia Pacific dominated the market in 2022, accounting for a significant revenue share. This dominance is attributed to rapid industrialization, urbanization, and substantial investments in infrastructure development in countries such as China and India. North America also held a notable market share, driven by the growth of the oil and gas sector and stringent regulations promoting the use of plastic piping systems for natural gas transportation. Europe contributed significantly to the market, supported by the regions focus on renewable energy adoption and the modernization of existing pipeline infrastructure to transport alternative fuels like hydrogen.
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Aetna Plastics
Durapipe
GF Piping Systems
Beetle Plastics
Britannica
Micarta
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Thermosetting Plastic Pipe Market
Epoxy Resin Pipes
Polyurethane Pipes
Phenolic Resin Pipes
Unsaturated Polyester Pipes
Water Supply and Distribution
Oil and Gas Pipelines
Chemical Processing
Construction and Infrastructure
Electrical Conduit Systems
Residential
Commercial
Industrial
Agricultural
Small Diameter Pipes (Less than 50 mm)
Medium Diameter Pipes (50 mm - 150 mm)
Large Diameter Pipes (Above 150 mm)
Glass Fiber Reinforcement
Carbon Fiber Reinforcement
Kevlar Reinforcement
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Thermosetting Plastic Pipe Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Thermosetting Plastic Pipe Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thermosetting Plastic Pipe Market, By Type
6. Global Thermosetting Plastic Pipe Market, By Application
7. Global Thermosetting Plastic Pipe Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Thermosetting Plastic Pipe Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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