Global Thermoplastic Pipe Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Polymer Type;

Polyvinyl Chloride (Pvc), Polyethylene (Pe), Polypropylene (Pp), Polyvinylidene Fluoride (Pvdf), Others (Polyamide (Pa) And Polyether Ether Ketone (Peek), Forced Reinforced Plastics (Frp), and Polytetrafluoroethylene (Ptfe).

By Product Type;

Thermoplastic Composite Pipe (Tcp), and Reinforced Thermoplastic Pipe (Rtp).

By Pressure Rating;

Low Pressure, Medium Pressure, High Pressure, and Ultra High Pressure.

By Application;

Oil & Gas, Water & Waste Water, Utilities & Renewables, and Mining & Dredging.

By End User;

Residential, Commercial, Industrial, and Infrastructure.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn251284131 Published Date: May, 2025 Updated Date: June, 2025

Thermoplastic Pipe Market Overview

Thermoplastic Pipe Market (USD Million)

Thermoplastic Pipe Market was valued at USD 3,159.81 million in the year 2024. The size of this market is expected to increase to USD 4,328.96 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.


Global Thermoplastic Pipe Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.6 %
Market Size (2024)USD 3,159.81 Million
Market Size (2031)USD 4,328.96 Million
Market ConcentrationHigh
Report Pages391
3,159.81
2024
4,328.96
2031

Major Players

  • Airborne Oil & Gas
  • Magma Global
  • Chevron Philips Chemical Company
  • National Oilwell Varco
  • Technipfmc
  • Georg Fischer Piping Systems
  • Uponor Corporation
  • Baker Hughes Company
  • Prysmian
  • Shawcor
  • Advanced Drainage Systems
  • Pipelife International
  • Ipex
  • Saudi Arabian Amiantit
  • Pes.Tec
  • Topolo
  • Simtech
  • Changchun Gaoxiang Special Pipe
  • Flexsteel Pipeline Technologies
  • Aetna Plastics

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Thermoplastic Pipe Market

Fragmented - Highly competitive market without dominant players


The thermoplastic pipe market is experiencing substantial expansion due to its increasing usage across industries demanding high-performance, corrosion-resistant piping systems. With a growth rate exceeding 6%, thermoplastic pipes are replacing traditional metallic alternatives in several industrial and infrastructure applications. Their lightweight design and ease of installation are also contributing to increased adoption across operational sites.

Material Benefits Driving Adoption
The rising demand for flexible, durable, and chemical-resistant materials is a significant factor accelerating the usage of thermoplastic pipes. Their ability to withstand aggressive environments and their extended service life have led to a usage increase of over 9% in chemical processing and water management applications. Moreover, their recyclability enhances their appeal among sustainability-focused sectors.

Integration in Industrial Applications
Thermoplastic pipes are increasingly being adopted in oil & gas, mining, and power generation sectors, with usage in high-pressure applications witnessing a 7% growth. Their ability to resist corrosion and scale buildup improves long-term operational efficiency, making them cost-effective in comparison to traditional materials.

Innovation and Product Development
The market is witnessing significant innovation, with multi-layer composite pipes and reinforced thermoplastic pipes gaining over 10% more attention in product development pipelines. These innovations support high-stress operations and extreme temperatures, encouraging their deployment in technically demanding sectors. Enhanced mechanical strength and resistance characteristics further position them as advanced engineering solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Polymer Type
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By Pressure Rating
    4. Market Snapshot, By Application
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Thermoplastic Pipe Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand in Various Industries
        2. Stringent Environmental Regulations
        3. Technological Advancements
        4. Cost Efficiency
      2. Restraints
        1. Limited Temperature and Pressure Resistance
        2. Perception of Lower Strength
        3. Initial Investment Costs
        4. Compatibility Issues
      3. Opportunities
        1. Emerging Economies
        2. Expansion of Oil & Gas Sector
        3. Focus on Water Conservation
        4. Development of Advanced Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Thermoplastic Pipe Market, By Polymer Type, 2021 - 2031 (USD Million)
      1. Polyvinyl Chloride (Pvc)
      2. Polyethylene (Pe)
      3. Polypropylene (Pp)
      4. Polyvinylidene Fluoride (Pvdf)
      5. Others (Polyamide (Pa) And Polyether Ether Ketone (Peek)
      6. Forced Reinforced Plastics (Frp)
      7. Polytetrafluoroethylene (Ptfe)
    2. Thermoplastic Pipe Market, By Product Type, 2021 - 2031 (USD Million)
      1. Thermoplastic Composite Pipe (Tcp)
      2. Reinforced Thermoplastic Pipe (Rtp)
    3. Thermoplastic Pipe Market, By Pressure Rating, 2021 - 2031 (USD Million)
      1. Low Pressure
      2. Medium Pressure
      3. High Pressure
      4. Ultra High Pressure
    4. Thermoplastic Pipe Market, By Application, 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Water & Waste Water
      3. Utilities & Renewables
      4. Mining & Dredging
    5. Thermoplastic Pipe Market, By End User, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
      4. Infrastructure
    6. Thermoplastic Pipe Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Airborne Oil & Gas
      2. Magma Global
      3. Chevron Philips Chemical Company
      4. National Oilwell Varco
      5. Technipfmc
      6. Georg Fischer Piping Systems
      7. Uponor Corporation
      8. Baker Hughes Company
      9. Prysmian
      10. Shawcor
      11. Advanced Drainage Systems
      12. Pipelife International
      13. Ipex
      14. Saudi Arabian Amiantit
      15. Pes.Tec
      16. Topolo
      17. Simtech
      18. Changchun Gaoxiang Special Pipe
      19. Flexsteel Pipeline Technologies
      20. Aetna Plastics
  7. Analyst Views
  8. Future Outlook of the Market