Product Code: ETC4534105 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India thermoplastic pipe market import shipment demonstrated robust growth with a notable CAGR from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024, indicating a potential slowdown in market expansion towards the end of the period. Overall, the market trend showcases a mixed pattern of rapid expansion followed by a slight stabilization.
The India thermoplastic pipe market plays a pivotal role in the country`s infrastructure development and various industrial applications. Thermoplastic pipes are versatile, durable, and cost-effective, making them a preferred choice for transporting fluids in a wide range of sectors, including oil and gas, water supply, chemicals, and more. In the context of the oil and gas industry, thermoplastic pipes are used for various applications, including transportation of hydrocarbons, chemicals, and water in both onshore and offshore environments. The India thermoplastic pipe market has seen substantial growth as the nation seeks innovative solutions for efficient fluid transportation. These pipes offer advantages such as corrosion resistance, ease of installation, and reduced maintenance costs. As India continues to expand its industrial and energy infrastructure, the thermoplastic pipe market is a critical element in facilitating reliable and sustainable fluid transport systems.
The India thermoplastic pipe market is witnessing growth due to the increasing demand for durable and corrosion-resistant pipe materials in the oil and gas industry. Thermoplastic pipes offer advantages such as low maintenance, longer lifespan, and resistance to harsh chemicals. The market is also driven by the need for cost-effective solutions and a reduction in the environmental impact of pipe production and disposal. However, the market faces challenges related to initial investment costs, limitations in high-temperature applications, and the need for specialized installation and maintenance.
Challenges in the India Thermoplastic Pipe Market include the need for advanced manufacturing techniques, ensuring the durability of pipes under various operating conditions, and the cost-effectiveness of thermoplastic pipe solutions.
The thermoplastic pipe market in India experienced a slowdown during the pandemic as projects were delayed or canceled. However, the demand for cost-effective and corrosion-resistant materials is expected to drive the market`s recovery as the industry reverts to full capacity.
Key players in this market include companies such as TechnipFMC, Airborne Oil & Gas, Cosmoplast, and Georg Fischer Piping Systems.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Thermoplastic Pipe Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Thermoplastic Pipe Market Revenues & Volume, 2021 & 2031F |
3.3 India Thermoplastic Pipe Market - Industry Life Cycle |
3.4 India Thermoplastic Pipe Market - Porter's Five Forces |
3.5 India Thermoplastic Pipe Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Thermoplastic Pipe Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.7 India Thermoplastic Pipe Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Thermoplastic Pipe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development projects in India |
4.2.2 Growing demand for durable and lightweight piping solutions |
4.2.3 Favorable government initiatives promoting the use of thermoplastic pipes in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from traditional materials like metal and concrete pipes |
4.3.3 Lack of awareness about the benefits of thermoplastic pipes among end-users |
5 India Thermoplastic Pipe Market Trends |
6 India Thermoplastic Pipe Market, By Types |
6.1 India Thermoplastic Pipe Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Thermoplastic Pipe Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Thermoplastic Pipe Market Revenues & Volume, By TCP , 2021-2031F |
6.1.4 India Thermoplastic Pipe Market Revenues & Volume, By RTP, 2021-2031F |
6.2 India Thermoplastic Pipe Market, By Polymer Type |
6.2.1 Overview and Analysis |
6.2.2 India Thermoplastic Pipe Market Revenues & Volume, By PE, 2021-2031F |
6.2.3 India Thermoplastic Pipe Market Revenues & Volume, By PP, 2021-2031F |
6.2.4 India Thermoplastic Pipe Market Revenues & Volume, By PVDF, 2021-2031F |
6.2.5 India Thermoplastic Pipe Market Revenues & Volume, By PVC, 2021-2031F |
6.2.6 India Thermoplastic Pipe Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Thermoplastic Pipe Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Thermoplastic Pipe Market Revenues & Volume, By Onshore, 2021-2031F |
6.3.3 India Thermoplastic Pipe Market Revenues & Volume, By Offshore, 2021-2031F |
7 India Thermoplastic Pipe Market Import-Export Trade Statistics |
7.1 India Thermoplastic Pipe Market Export to Major Countries |
7.2 India Thermoplastic Pipe Market Imports from Major Countries |
8 India Thermoplastic Pipe Market Key Performance Indicators |
8.1 Adoption rate of thermoplastic piping solutions in new construction projects |
8.2 Number of government projects using thermoplastic pipes |
8.3 Rate of technological advancements and innovations in thermoplastic pipe manufacturing |
9 India Thermoplastic Pipe Market - Opportunity Assessment |
9.1 India Thermoplastic Pipe Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Thermoplastic Pipe Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
9.3 India Thermoplastic Pipe Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Thermoplastic Pipe Market - Competitive Landscape |
10.1 India Thermoplastic Pipe Market Revenue Share, By Companies, 2024 |
10.2 India Thermoplastic Pipe Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |