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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 5.64 Billion

CAGR (2026-2031)

6.07%

Fastest Growing Segment

Utilities & Renewables

Largest Market

Asia Pacific

Market Size (2031)

USD 8.03 Billion

Market Overview

The Global Thermoplastic Pipe Market will grow from USD 5.64 Billion in 2025 to USD 8.03 Billion by 2031 at a 6.07% CAGR. Thermoplastic pipes are engineered conduits manufactured from high-performance polymers, such as polyethylene and polyvinyl chloride, which are characterized by their ability to soften when heated and harden upon cooling. The market is fundamentally driven by the escalating demand for corrosion-resistant alternatives to replace aging metallic infrastructure and the requirement for lightweight piping systems that reduce installation costs in the energy and water utility sectors.

However, the industry faces a significant challenge regarding environmental sustainability and the necessity for effective end-of-life management to comply with tightening regulations. This focus on circularity is quantified by sector initiatives; according to VinylPlus, in 2025, a total of 724,638 tonnes of PVC waste were recycled within the framework during the preceding year. Failure to sufficiently address these ecological concerns could lead to restrictive policies that impede broader market expansion.

Key Market Drivers

Increasing investments in municipal water and wastewater management are a primary catalyst for market growth, driven by the urgent need to rehabilitate deteriorating sewage systems and expand potable water networks. Governments and utilities are prioritizing thermoplastic materials like PVC and HDPE due to their leak-free performance and longevity compared to traditional concrete or iron pipes. This surge in infrastructure modernization is evident in national-scale funding commitments aimed at reducing leakage and sewage spills. For instance, according to Water UK, December 2024, the regulator Ofwat approved a £104 billion investment package for water and sewage infrastructure upgrades across England and Wales for the 2025-2030 period. Such substantial capital allocation directly correlates with increased procurement of thermoplastic piping solutions for mains replacement and drainage projects.

Simultaneously, the market is expanding through the rising adoption of Reinforced Thermoplastic Pipes (RTP) in high-pressure energy applications, particularly within the oil and gas sector. Operators are increasingly substituting carbon steel pipelines with composite thermoplastic alternatives to mitigate corrosion issues and lower total installed costs in both onshore and offshore environments. This technical shift is highlighted by major contract awards for non-metallic flowlines in critical energy hubs. According to Strohm, January 2025, the company secured a commercial contract to supply 33 kilometers of thermoplastic composite flowlines for Saudi Aramco’s Fadhili gas plant expansion. The broader financial health of leading manufacturers further underscores the sector's robust trajectory; according to Georg Fischer, February 2025, its Piping Systems division reported sales of CHF 1,971 million for the full year 2024, reflecting sustained global demand for polymer-based flow solutions.

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Key Market Challenges

The sustainability and environmental compliance challenge presents a formidable barrier to the thermoplastic pipe industry's growth trajectory. As governments globally enforce stricter circular economy frameworks, manufacturers are increasingly pressured to integrate high percentages of recycled content into their products. However, unlike consumer packaging, thermoplastic pipes are engineered for high-pressure and long-term infrastructure applications, requiring raw materials with impeccable purity and mechanical strength. Sourcing post-consumer recyclate that meets these rigorous technical standards is logistically difficult and often economically unviable, creating a supply-demand imbalance that hampers the ability to bid for green public procurement contracts.

Consequently, this technical inability to swiftly align with new regulatory standards exposes the market to compliance risks, potential taxation on virgin polymers, and reputational damage. The struggle to close this loop is evident in the slow pace of circular material adoption across the broader sector. According to 'Plastics Europe', in 2024, circular plastics accounted for only 13.5% of new plastic products manufactured in Europe. This substantial gap between regulatory ambition and industrial reality forces manufacturers to operate in a precarious environment where failure to adapt inhibits capacity expansion and limits access to capital for future development.

Key Market Trends

The emergence of Thermoplastic Composite Pipes (TCP) in deepwater offshore operations is reshaping subsea architecture by offering a lightweight, corrosion-immune alternative to traditional heavy steel flowlines. Operators are increasingly selecting these non-metallic solutions for complex subsea interventions where reducing vessel payload and installation time is critical. This shift is substantiated by recent commercial milestones; according to Strohm, August 2025, the company was awarded a contract to supply four TCP jumpers for a deepwater gas project in Malaysia, designed to operate at water depths of up to 1,500 meters.

Simultaneously, the development of multi-layer piping solutions is accelerating to support the burgeoning hydrogen transport infrastructure, addressing the technical challenges of hydrogen permeation and embrittlement associated with metals. Manufacturers are engineering reinforced thermoplastic pipes with specialized barrier layers that enable the safe, high-pressure distribution of green hydrogen from production sites to end-users. This technological validation is driving investment in pilot networks; according to SoluForce, March 2025, the hydrogen producer HYGRO secured an €11.8 million grant to construct a hydrogen supply chain using SoluForce’s multi-layer composite pipeline system.

Segmental Insights

The Utilities & Renewables segment is emerging as the fastest-growing category within the Global Thermoplastic Pipe Market, driven by the accelerating transition toward clean energy and the urgent modernization of public infrastructure. This expansion is primarily fueled by the adoption of thermoplastic piping in renewable sectors, such as geothermal heating loops and green hydrogen transport, where material inertness prevents critical issues like hydrogen embrittlement. Concurrently, municipal utilities are actively replacing aging metallic networks with thermoplastic alternatives to mitigate corrosion and lower lifecycle costs. These materials provide essential durability and chemical resistance, establishing them as a preferred solution for sustainable energy and water systems.

Regional Insights

Asia Pacific dominates the global thermoplastic pipe market due to accelerated industrial activity and rising energy requirements. The region experiences significant demand from the oil and gas sector, where companies utilize reinforced thermoplastic pipes for corrosion resistance during extraction operations. Furthermore, extensive municipal investments in water treatment and distribution networks support widespread adoption. The presence of major mining activities also necessitates durable piping for slurry transport. This steady industrial consumption ensures the region remains the primary hub for market expansion and production capabilities.

Recent Developments

  • In January 2025, Strohm secured a major contract to supply its Thermoplastic Composite Pipe (TCP) flowlines for the expansion of the Fadhili gas plant in Saudi Arabia. This agreement represented the company's first commercial contract for an onshore application in the region and involved the delivery of pipes for transporting mono-ethylene glycol. The selection of TCP for this project was driven by its non-corrosive nature, lightweight properties, and ability to reduce the carbon footprint compared to traditional steel alternatives. The collaboration with the operator underscored the increasing acceptance of thermoplastic composite technology in critical onshore energy operations.
  • In November 2024, GF Piping Systems inaugurated a new state-of-the-art manufacturing facility in Cairo, Egypt, to strengthen its presence in the Middle East and Africa. Established as a joint venture with Egypt Gas and Green Coast Enterprises, the plant was designed to produce high-density polyethylene (HDPE) and medium-density polyethylene (MDPE) pipes for the local market. This expansion allowed the company to localize the production of its corrosion-free thermoplastic piping solutions, thereby reducing lead times and the carbon footprint associated with transportation. The facility was positioned to support the region's increasing demand for reliable and sustainable infrastructure in the gas, water, and industrial sectors.
  • In October 2024, SoluForce entered into a strategic partnership with the Suez Canal Economic Zone (SCZONE) and other consortium partners to develop green hydrogen infrastructure in Egypt. As part of this collaboration, the company aimed to deploy its flexible composite pipe technology for the safe and efficient distribution of green hydrogen produced from renewable sources. This initiative was designed to support the region's transition to sustainable energy by leveraging non-metallic pipeline solutions that offer high resistance to hydrogen permeation and corrosion. The agreement highlighted the growing role of thermoplastic composite pipes in enabling the global hydrogen economy and reducing the costs associated with energy transport.
  • In June 2024, the solution brand of Wienerberger, Pipelife, in collaboration with Borealis, achieved a breakthrough in the sustainable piping market by installing drinking water pressure pipes manufactured from chemically recycled plastic. This project, carried out in Vienna, Austria, utilized advanced recycling technologies to convert plastic waste back into its chemical building blocks, allowing for the production of high-quality raw materials that meet strict regulatory standards for drinking water applications. The installation demonstrated that chemically recycled thermoplastic pipes could satisfy the same rigorous safety and performance requirements as those made from virgin materials, marking a significant step forward in the circular economy for critical infrastructure.

Key Market Players

  • Pipelife Nederland B.V.
  • Strohm B.V.
  • Master Tech Company FZC
  • Advanced Drainage Systems, Inc.
  • AMIANTIT Service GmbH
  • Georg Fischer Ltd.
  • Baker Hughes Company
  • F.W Webb Company
  • Tianjin Jingtong Pipe Industry Co., Ltd.
  • BioCote Limited

By Polymer Type

By Application

By End-User

By Region

  • Polyethylene
  • Polypropylene
  • Polyvinylidene Fluoride
  • Polyvinyl Chloride and Others
  • Onshore and Offshore
  • Oil & Gas
  • Water & Wastewater
  • Mining & Dredging and Utilities & Renewables
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Thermoplastic Pipe Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Thermoplastic Pipe Market, By Polymer Type:
  • Polyethylene
  • Polypropylene
  • Polyvinylidene Fluoride
  • Polyvinyl Chloride and Others
  • Thermoplastic Pipe Market, By Application:
  • Onshore and Offshore
  • Thermoplastic Pipe Market, By End-User:
  • Oil & Gas
  • Water & Wastewater
  • Mining & Dredging and Utilities & Renewables
  • Thermoplastic Pipe Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Thermoplastic Pipe Market.

Available Customizations:

Global Thermoplastic Pipe Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Thermoplastic Pipe Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Thermoplastic Pipe Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Polymer Type (Polyethylene, Polypropylene, Polyvinylidene Fluoride, Polyvinyl Chloride and Others)

5.2.2.  By Application (Onshore and Offshore)

5.2.3.  By End-User (Oil & Gas, Water & Wastewater, Mining & Dredging and Utilities & Renewables)

5.2.4.  By Region

5.2.5.  By Company (2025)

5.3.  Market Map

6.    North America Thermoplastic Pipe Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Polymer Type

6.2.2.  By Application

6.2.3.  By End-User

6.2.4.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Thermoplastic Pipe Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Polymer Type

6.3.1.2.2.  By Application

6.3.1.2.3.  By End-User

6.3.2.    Canada Thermoplastic Pipe Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Polymer Type

6.3.2.2.2.  By Application

6.3.2.2.3.  By End-User

6.3.3.    Mexico Thermoplastic Pipe Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Polymer Type

6.3.3.2.2.  By Application

6.3.3.2.3.  By End-User

7.    Europe Thermoplastic Pipe Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Polymer Type

7.2.2.  By Application

7.2.3.  By End-User

7.2.4.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Thermoplastic Pipe Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Polymer Type

7.3.1.2.2.  By Application

7.3.1.2.3.  By End-User

7.3.2.    France Thermoplastic Pipe Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Polymer Type

7.3.2.2.2.  By Application

7.3.2.2.3.  By End-User

7.3.3.    United Kingdom Thermoplastic Pipe Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Polymer Type

7.3.3.2.2.  By Application

7.3.3.2.3.  By End-User

7.3.4.    Italy Thermoplastic Pipe Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Polymer Type

7.3.4.2.2.  By Application

7.3.4.2.3.  By End-User

7.3.5.    Spain Thermoplastic Pipe Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Polymer Type

7.3.5.2.2.  By Application

7.3.5.2.3.  By End-User

8.    Asia Pacific Thermoplastic Pipe Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Polymer Type

8.2.2.  By Application

8.2.3.  By End-User

8.2.4.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Thermoplastic Pipe Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Polymer Type

8.3.1.2.2.  By Application

8.3.1.2.3.  By End-User

8.3.2.    India Thermoplastic Pipe Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Polymer Type

8.3.2.2.2.  By Application

8.3.2.2.3.  By End-User

8.3.3.    Japan Thermoplastic Pipe Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Polymer Type

8.3.3.2.2.  By Application

8.3.3.2.3.  By End-User

8.3.4.    South Korea Thermoplastic Pipe Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Polymer Type

8.3.4.2.2.  By Application

8.3.4.2.3.  By End-User

8.3.5.    Australia Thermoplastic Pipe Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Polymer Type

8.3.5.2.2.  By Application

8.3.5.2.3.  By End-User

9.    Middle East & Africa Thermoplastic Pipe Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Polymer Type

9.2.2.  By Application

9.2.3.  By End-User

9.2.4.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Thermoplastic Pipe Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Polymer Type

9.3.1.2.2.  By Application

9.3.1.2.3.  By End-User

9.3.2.    UAE Thermoplastic Pipe Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Polymer Type

9.3.2.2.2.  By Application

9.3.2.2.3.  By End-User

9.3.3.    South Africa Thermoplastic Pipe Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Polymer Type

9.3.3.2.2.  By Application

9.3.3.2.3.  By End-User

10.    South America Thermoplastic Pipe Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Polymer Type

10.2.2.  By Application

10.2.3.  By End-User

10.2.4.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Thermoplastic Pipe Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Polymer Type

10.3.1.2.2.  By Application

10.3.1.2.3.  By End-User

10.3.2.    Colombia Thermoplastic Pipe Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Polymer Type

10.3.2.2.2.  By Application

10.3.2.2.3.  By End-User

10.3.3.    Argentina Thermoplastic Pipe Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Polymer Type

10.3.3.2.2.  By Application

10.3.3.2.3.  By End-User

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Thermoplastic Pipe Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  Pipelife Nederland B.V.

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Strohm B.V.

15.3.  Master Tech Company FZC

15.4.  Advanced Drainage Systems, Inc.

15.5.  AMIANTIT Service GmbH

15.6.  Georg Fischer Ltd.

15.7.  Baker Hughes Company

15.8.  F.W Webb Company

15.9.  Tianjin Jingtong Pipe Industry Co., Ltd.

15.10.  BioCote Limited

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Thermoplastic Pipe Market was estimated to be USD 5.64 Billion in 2025.

Asia Pacific is the dominating region in the Global Thermoplastic Pipe Market.

Utilities & Renewables segment is the fastest growing segment in the Global Thermoplastic Pipe Market.

The Global Thermoplastic Pipe Market is expected to grow at 6.07% between 2026 to 2031.

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