USA HDPE pipe is expected to reach 7.5 billion USD by 2023

USA HDPE pipe is expected to reach 7.5 billion USD by 2023 QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

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QYResearch

• The USA sales continue to increase with the USA demand increasing. In 2016, the USA sales were 1.77 million K MT from 1.52 million MT in 2012 with the CAGR of 4%. Correspondingly, the USA revenue increased to 5.69 billion USD in 2016 from 4.75 billion USD in 2012. By 2023, the USA HDPE pipe is expected to reach 7.5 billion USD. JM Eagle, Chevron Phillips Chemical, ADS and WL Plastics are major players in the U.S. market. JM Eagle is the leader in the U.S. market, which holds 19.5% of US sales market.

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QYResearch

• HDPE pipe category demonstrates high growth prospects among leading plastic pipe resin categories. And now the main types of HDPE are PE100, which take 81% of USA sales in 2016. HDPE pipe downstream is wide, and the major fields are water supply, oil and gas, sewage systems, agricultural applications, etc. Increasing demand for water supply industry or oil and gas industry is expected to drive the demand for the HDPE pipe market. Water supply is the largest downstream of HDPE pipe, taking 33% of the USA HDPE pipe in 2016.

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QYResearch

• The consumption of HDPE pipe is distributed in West, Northeast and South. United States also is the largest consumption country of HDPE pipe in the world in the past five years followed by Europe closely and it will keep the same position in the next six years. At present, the pipe industry in the United States is already very mature and HDPE pipe have play an important role from today to future .From the second half of 2016, the U.S. oil and gas industry has begun to recover. This is good news for this industry. West and Northeast are major consumption regions in the United States. In 2016, west hold 36% of the consumption share.

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QYResearch

In the future, with the North America economic recovery, more and more people pay attention to rising water standards, especially in city that have a large population and fast economic growth, the need of HDPE pipe will increase.

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