Thermoplastic Pipe Market Size
| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| CAGR | 3.00% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Thermoplastic Pipe Market Analysis
The Thermoplastic Pipe Market is expected to register a CAGR of greater than 3% during the forecast period.
- Oil & Gas is one of the prominent sectors that is using thermoplastic for oil & gas transportation. High corrosion on the conventional pipes, attracts the oil & gas operators to move towards thermoplastic pipes.
- Thermoplastic pipes are non-corrosive and don't require any kind of maintenance. With the increasing rate of oil & gas activities around the world, especially in the offshore sector, there is much possibility of uses of thermoplastic pipes to have lower maintenance charges than the conventional pipes. Furthermore, the involvement of high corrosive fluid during enhance oil recovery (EOR) require regular maintenance of conventional pipes. Replacement of EOR pipelines with the thermoplastic pipe is expected to create an opportunity as well.
- The Asia Pacific is dominating the thermoplastic market, with a higher rate of thermoplastic pipes for water transportation. Moreover, with the growing oil & gas activities, the region is expected to dominate the market in the forecast period as well.
Thermoplastic Pipe Market Trends
Oil & Gas Industry to Dominate the Market
- Oil & Gas sector includes transportation pipelines, domestic pipelines, flowlines, and several other pipelines. These metallic pipelines often need to be maintained to get rid of corrosion. Uses of thermoplastic is an alternative to the conventional pipe, which need not require any kind of maintenance. It can be rolled out to the operation site and can be easily installed. Moreover, the pipes have resistance to varying pressure up to 450 bar and temperature up to 105°C.
- Thermoplastic pipe as a gas pipeline under domestic uses is one of the prominent applications in the oil & gas sector. The pipelines can be installed at a faster rate, of an average speed of around 1000 meters per day, this indicates the faster installation of domestic gas and leads to a reduction of waiting time for the customers.
- As of 2018, there are over 1 million kilometers of pipelines in operation, and under construction, that needs maintenance at regular interval. Out of the total, approximately 0.14 million kilometers of pipelines are planned and under construction. With the installation and commissioning of these pipelines, the maintenance services of the pipes are expected to add up to the overall operating expense. Consideration of thermoplastic in the sector is expected to reduce the maintenance charges in the future.
Asia-Pacific to Dominate the Market
- With an increasing population in the region, the demand for water transport and energy demand is expected to increase during the forecast period. Water, an essential commodity, is mostly transported through PVC pipes, while oil & gas are mostly transported through polyethylene pipes.
- PVC is strong and lightweight, durable to weathering, rotting, chemical corrosion and abrasion, versatile, and easy to use, as it can be cut, shaped, bend, and joined in any style. Such characteristics make it an ideal option for many applications, such as water transportation.
- The global urban population has grown rapidly from 751 million in 1950 to 4.2 billion in 2018. Asia-Pacific, despite having a lower level of urbanization, the region is home to nearly 54% of the global population. Between the period 2018 and 2050, India and China are expected to account for nearly 30% of the global projected urban population. The increase in urbanization is expected to increase the demand for oil & gas and water transportation pipeline over upcoming years.
Thermoplastic Pipe Industry Overview
The thermoplastic pipe market is fragmented. The key owners in the market include Pipelife Nederland BV., Airborne Oil & Gas BV, Master Tech Company FZC, Future Pipe Industries, AMIANTIT Service GmbH, Aetna Plastics Corporation, Cosmoplast Industry Co., F.W Webb Company, Tianjin Jingtong Pipe Industry Co., and BioCote Limited amongst others.
Thermoplastic Pipe Market Leaders
-
Pipelife Nederland BV
-
Airborne Oil & Gas BV
-
Master Tech Company FZC
-
Future Pipe Industries
-
AMIANTIT Service GmbH
- *Disclaimer: Major Players sorted in no particular order
Thermoplastic Pipe Industry Segmentation
The thermoplastic pipe market report include:
| Polymer Type | Poly Vinyl Chloride (PVC) |
| Polyvinylidene fluoride (PVDF) | |
| Polyethylene (PE) | |
| Polypropylene (PP) | |
| Others | |
| Application | Oil & Gas |
| Chemical | |
| Municipal | |
| Mining | |
| Others | |
| Geography | North America |
| Asia-Pacific | |
| Europe | |
| South America | |
| Middle-East and Africa |
| Poly Vinyl Chloride (PVC) |
| Polyvinylidene fluoride (PVDF) |
| Polyethylene (PE) |
| Polypropylene (PP) |
| Others |
| Oil & Gas |
| Chemical |
| Municipal |
| Mining |
| Others |
| North America |
| Asia-Pacific |
| Europe |
| South America |
| Middle-East and Africa |
Thermoplastic Pipe Market Research FAQs
What is the current Thermoplastic Pipe Market size?
The Thermoplastic Pipe Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)
Who are the key players in Thermoplastic Pipe Market?
Pipelife Nederland BV, Airborne Oil & Gas BV, Master Tech Company FZC, Future Pipe Industries and AMIANTIT Service GmbH are the major companies operating in the Thermoplastic Pipe Market.
Which is the fastest growing region in Thermoplastic Pipe Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Thermoplastic Pipe Market?
In 2025, the Asia Pacific accounts for the largest market share in Thermoplastic Pipe Market.
What years does this Thermoplastic Pipe Market cover?
The report covers the Thermoplastic Pipe Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Thermoplastic Pipe Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Thermoplastic Pipe Industry Report
Statistics for the 2025 Thermoplastic Pipe market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Thermoplastic Pipe analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
