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Corrugated Pipe Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Product, and Application

Corrugated Pipe Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Product, and Application

  • August 2021
  • 151 pages
  • ID: 6154030
  • Format: PDF
  • The Insight Partners


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The global corrugated pipe market was valued at US$ 13,059.47 million in 2020 and is projected to reach US$ 21,221.04 million by 2028; it is expected to register a CAGR of 6.5% from 2021 to 2028.

A corrugated pipe has a series of ridges and grooves that run parallel to each other on its surface.The corrugated pipes can be made of steel or plastics such as high-density polyethylene (HDPE) and polyvinyl chloride (PVC).

Corrugated pipes are mostly used in applications such as storm drains and culverts where flexibility, durability, and strength are important attributes. The flexible property of corrugated pipes make it more useful and suitable for a wide variety of applications as compared with rigid and non-corrugated pipes.

Based on application, the corrugated pipe market is segmented into power cable conduit and telecom cable duct, drainage and sewerage lines, and building and construction.In 2020, the drainage and sewerage line segment dominated the corrugated pipe market.

Corrugated pipes are extensively used in storm drains and culverts due to their high strength, flexibility, durability, and abrasion and chemical resistance.They are available in distinct sizes; small ones are available for drainage application to carry runoff from gutters, while larger ones are available for storm drains and culverts.

The HDPE corrugated pipes are majorly used in gravity flow water management systems such as subsurface drainage, leachate collection, storm drainage, and sanitary sewers.HDPE is considered ideal for usage in underground structures owing to its non-brittle and lightweight properties.

Besides, the HDPE-based pipes are easy to transport and install, thus lowering the overall cost of projects.

Geographically, the corrugated pipe market is segmented into North America, Europe, Asia Pacific (APAC), South and Central America (SAM), and Middle East & Africa (MEA).Asia Pacific is the fastest growing as well as the dominating region for the corrugated pipe market.

The growing building and construction industry along with the increasing projects related to the field of electrification and power supply is driving the growth of corrugated pipe market in Asia Pacific.The demand for corrugate pipe is expected to increase in Asia Pacific countries, especially China, Japan, and India, due to an expanded and established agricultural sector in this region.

Along with this, increasing manufacturing industries, coupled with growing industrialization, offers ample opportunities for key market players in the corrugated pipe market. The presence of various domestic and international players in the region will increase the focus of manufacturers on providing innovative products, thereby leading to an increased opportunity for the corrugated pipe market to grow.

The ongoing COVID-19 pandemic has had a significant impact on the corrugated pipe market.The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage.

The disruptions in the production and supply chain have had a negative impact on the corrugated pipe market.Various countries across the world have had lockdown like situations due to outbreak of COVID-19, which led various businesses such as the construction and agricultural business to function with limited capacity, which, in turn, severely affected the corrugated pipe market.

Along with this, the construction has also been slumping, which has affected demand for polyvinyl chloride (PVC) that is used in pipes.Thus, the low demand from the end-use industries has had a negative impact on the corrugated pipe market.

Various research has been ongoing in countries such as the UK, the Netherlands, and Spain over samples of wastewater for sign of COVID-19. The monitoring and managing of wastewater have become more important in the pandemic and the treatment of waste management including medical, household, and other hazardous waste to minimize possible secondary impacts on health and the environment. With cases rising in many parts of the developing world, there has been an increased focus on waste management. Governments of various countries are focusing on wastewater segregation, which sees black water, gray water, and water laden with toxic chemicals siphoned off into separate municipal streams. This, focus on wastewater management will lead to a positive impact on the corrugated pipe market.

Advanced Drainage Systems, Bina Plastic Industries Sdn. Bhd, Jain Irrigation Systems Ltd., Fränkische Industrial Pipes Gmbh and Co. Kg, Dura Life India, Contech Engineered Solutions LLC, JM Eagle Inc., Pacific Corrugated Company, Pars Ethylene Kish Co., and TDR Inc. are among the major players operating in the global corrugated pipe market.

The overall global corrugated pipe market size has been derived in accordance with to both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

Also, multiple primary interviews have been conducted with industry participants to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the global corrugated pipe market.

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