Global Pipe Market Report and Forecast 2025-2034

Global Pipe Market Growth

Rapid urbanisation in developing regions is driving an increase in residential and commercial construction activities, leading to a higher demand for pipes in plumbing, heating, and cooling systems. The global construction and engineering market is projected to exceed US$4.2 trillion in growth over the next 15 years, increasing from US$9.7 trillion in 2022 to US$13.9 trillion by 2037. By that time, China, the US, and India are expected to contribute to half of all construction work globally, highlighting their significant role in the economic development of these countries, which collectively represent more than a third of the world's population and economic productivity. The development of large-scale infrastructure, such as roads, bridges, and public buildings, is expected to boost the use of various types of pipes for water supply, sewage, and drainage systems.

Piping systems are essential for agricultural irrigation, enabling the efficient distribution of water to crops. The Indian plastic pipe sector demonstrates strong and resilient growth, largely influenced by a thriving agricultural sector and widely utilised in irrigation applications. Plastic pipes are widely used in irrigation, residential/commercial real estate construction, and WSS infra development. The demand for pipes in irrigation and WSS sectors, as well as the replacement of metal pipes in residential real estate, drive this growth. Pipes are cost-effective for water transportation and are anticipated to be essential for infra-development.

The adoption of environmentally conscious building standards and certifications such as the LEED (Leadership in Energy and Environmental Design) certification supports the utilisation of sustainable pipe materials, including recycled plastics and composites. In addition to promoting low-carbon emission green buildings, such certifications also guarantee that the buildings offer healthy and cost-effective spaces, leading to an increased demand for sustainable pipe materials.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Global Pipe Industry Segmentation

Global Pipe Market Share

Based on material type, the market is segmented into plastic, metal, and composite. The composite segment is projected to grow at a CAGR of 5.3% during the forecast period of 2025-2034. Composite pipes provide numerous advantages over conventional metal or plastic pipes. They exhibit exceptional resistance to corrosion caused by chemicals, moisture, and external elements. These benefits render them a desirable choice across a range of sectors such as aerospace, defence, oil and gas, chemical processing, water treatment, and construction.

Leading Companies in the Global Pipe Market

Major players are focusing on the application of sustainable materials in production methods to gain a competitive edge in the market.

• Aliaxis Group S.A./N.V.

• Sekisui Chemical Co. Ltd.

• Orbia Advance Corporation SAB de CV

• Astral Ltd.

• Geberit AG

• Finolex Industries Ltd.

• Formosa Plastics Corp.

• Nan Ya Plastics Corp.

• Genuit Group Plc

• Advanced Drainage Systems Inc.

• Others