Global Polyolefin Pipes Market is Anticipated to Grow US$ 24.1 Billion by 2026, at a CAGR of 5.3%- MarketsandMarkets(TM) Report
The global polyolefin pipes market size is projected to reach USD 24.1 billion by 2026 at a CAGR of 5.3% from USD 18.6 billion in 2021. Sprinkler and drip irrigation provide good growth potential, hot water bathroom application where PO pipes are replacing PVC pipes, increasing usage of engineered PO in manufacturing pipes, improved characteristics of plastomers over conventional plastics and elastomers, increasing adoption of bio-based polymers such as PLA and BioPE, and growing emphasis by local government on rainwater harvesting are driving the polyolefin pipes market . Polyolefins (PO) are a family of Polyethylene (PE) and Polypropylene (PP) thermoplastics. They are produced mainly from oil & natural gas by the process of polymerization of ethylene and propylene, respectively. Their versatility has mad...