CORRUGATED PIPE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global corrugated pipe market is estimated to be valued at USD 16,549.5 Mn in 2024, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031. Corrugated pipes are highly durable and flexible pipes made from materials such as plastic, metal, and concrete. These are extensively used for drainage, sewerage, and culvert applications due to their resistance to deformation under pressure. Growing construction activities and infrastructure development projects across the world have significantly boosted demand for corrugated pipes. Rapid urbanization and the need for effective water management systems especially in developing nations can drive the market growth. However, fluctuations in raw material prices can hamper the market growth over the forecast period. Increasing investments in drainage, wastewater treatment, and other civil engineering projects are expected to offer opportunities for corrugated pipe manufacturers.

Market Dynamics:

Global corrugated pipe market growth is driven by factors such as rapid urbanization coupled with growing investments in construction and infrastructure development projects. Corrugated pipes are used in drainage, sewerage, and wastewater treatment systems, owing to advantages such as durability, strength, and flexibility. Growing focus on sustainable water management with effective rainwater harvesting can also drive the market growth.   Fluctuating costs of raw materials including PVC, HDPE, and metals can hamper the market growth. Furthermore, stringent quality and process regulations can increase the production costs. However, emerging requirements of pipes with anti-corrosion and high-temperature resistance properties are expected to create growth opportunities for manufacturers. Ongoing R&D towards development of innovative technologies and materials could also help offset threats from substitutes and intensifying competitive landscape.

 Key Features of the Study:

• This report provides in-depth analysis of the global corrugated pipe market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global corrugated pipe market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Pacific Corrugated Company, Bina Plastic Industries Sdn. Bhd, Jain Irrigation Systems Ltd., Fränkische Industrial Pipes Gmbh, Dura Life India, Contech Engineered Solutions LLC, JM Eagle Inc., Pars Ethylene Kish Co., Dutron, Jindal Plast, Crown Pipes, Shree Darshan Pipes, Jagannath Industries, Kuzeyboru, Mipa Industries
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global corrugated pipe market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global corrugated pipe market

Detailed Segmentation-

• By Type:
• • Polyethylene (PE) Corrugated Pipes
  • Polypropylene (PP) Corrugated Pipes
  • PVC Corrugated Pipes
  • HDPE Corrugated Pipes
  • Others
• By Applications:
• • Agriculture & Horticulture Drainage
  • Road & Highways Drainage
  • Structural Drainage & Culverts
  • Sewerage & Waste Water Systems
  • Others
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Pacific Corrugated Company
  • Bina Plastic Industries Sdn. Bhd
  • Jain Irrigation Systems Ltd.
  • Fränkische Industrial Pipes Gmbh
  • Dura Life India
  • Contech Engineered Solutions LLC
  • JM Eagle Inc.
  • Pars Ethylene Kish Co.
  • Dutron
  • Jindal Plast
  • Crown Pipes
  • Shree Darshan Pipes
  • Jagannath Industries
  • Kuzeyboru
  • Mipa Industries