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Global Polyethylene Pipes Market By Type (HDPE, Cross Link Polyethylene, LDPE, LLDPE), By Application (Underwater & Municipal, Gas Extraction, Construction, Industrial, Agriculture, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)- Industry Trends and Forecast to 2025nnRead More @ http://bit.ly/2EnjOK1
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Polyethylene Pipes Market Research 2018: Global Industry Trends and Forecast to 2025
Global Polyethylene Pipes Market is expected to reach 106.51 Thousand Tons by 2025 from 80.96 Thousand Tons in 2017, at a CAGR of 4.0% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Polyethylene Pipes Market By Type (HDPE, Cross Link Polyethylene, LDPE, LLDPE), By Application (Underwater & Municipal, Gas Extraction, Construction, Industrial, Agriculture, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) and Forecast to 2025.
The major factors driving the growth of this market are the polyethylene pipes are ongoing construction and rehabilitation of old or obsolete municipal pipe systems and easy installation, flexible, resistant and low cost and over traditional materials. On the other hand, strict laws imposed on usage of polyethylene pipes may hinder the growth of the market.
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The global polyethylene pipes market is segmented based on type into four notable segments; high density polyethylene (HDPE), low density polyethylene (LDPE), linear low density polyethylene (LLDPE), and cross link polyethylene (PEX/XLPE). The Polyethylene pipes market is dominated by HDPE with 62.1% market share in 2017, growing at the highest CAGR of 5.2% in the forecast period.
The global polyethylene pipes market is segmented based on application into five notable segments; underwater and municipal, gas extraction, construction, industrial, agriculture and others.
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