Plastic Hot & Cold Pipe Market

According to a research report "Plastic Hot & Cold Pipe Market by Raw Material (PEX, PE-RT, PPR, C-PVC, and PB), Application (Water Plumbing Pipes, Radiator Connection Pipes and Underfloor Surface Heating & Cooling), End User, & Region - Global Trends & Forecast to 2029" published by MarketsandMarkets, the plastic hot and cold pipe market is forecast to reach USD 9.96 billion by 2029 from an estimated USD 7.24 billion in 2024, at a CAGR of 6.6% during the forecast period (2024-2029).

Browse 320 market data Tables and 60 Figures spread through 276 Pages and in-depth TOC on "Plastic Hot & Cold Pipe Market by Raw Material (PEX, PE-RT, PPR, C-PVC, and PB), Application (Water Plumbing Pipes, Radiator Connection Pipes and Underfloor Surface Heating & Cooling), End User, & Region - Global Trends & Forecast to 2029"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/plastic-hot-cold-pipe-market-149772680.html

The major factors driving the market growth of the plastic hot and cold pipe market includes cost-effectiveness, corrosion resistance, and ease of installation. Plastic pipes have certain good advantages, including insulation that does not allow condensation of moisture in cold water pipes and reduces heat loss in hot water systems. It is easier to transport and handle components when available rather than metallic alternatives. These, among other factors, coupled with environmental aspects like recyclability as well as lower carbon emissions in production,  rising demand in energy-efficient plumbing, smart leakage detection technology, and other innovations, are driving the market forward.

Water plumbing pipes by Application, is expected to be the largest Plastic hot and cold pipe market during the forecast period

Water plumbing pipes application is expected to account largest market share during the forecast period. Due to efficiency in handling hot as well as cold water, plastic piping products, including both plastic hot and cold piping, are highly used in water plumbing applications. The long-durable piping products of high-grade corrosion-resistant ability to maintain the purity of water are ideal for residential and commercial as well as for industrial purposes. Plumbing systems have been installed in buildings to satisfy the demand for drinking and other consumable purposes within the house. Furthermore, the smart home trend and environmental building practices are gaining traction and contributing to accelerating demand for energy efficiency and environmental sustainability in plumbing solutions.

Residential segment by end-user, is expected to be the fastest Plastic hot and cold pipe market during forecast period

Plastic hot and cold pipe for residential use is primarily used because of their reliability, cost-effectiveness, durability, and corrosion resistance features. The integration of flourishing residential construction sector, excellent performance characteristics of plastic pipes, and the ever-increasing demand for sustainable material is an important factor driving strong market growth in the present scenario. Ongoing residential construction expansion, encourages the demand for low-cost and fast installation plumbing, further pushing the market for plastic hot and cold pipe.

Asia Pacific is expected to be the fastest region in the Plastic hot and cold pipe market during the forecast period

The major end users such as residential, commercial (malls and shopping complexes, hospitals, and office spaces), and industrial sectors (power generation, oil & gas, and automotive industries) are expected to drive the plastic hot and cold pipe market in Asia Pacific. The region is experiencing rapid development fueled by the growth of major economies such as China, India, South Korea, Japan, Indonesia, and Australia. Asia Pacific has emerged as a global hub for manufacturing activities, with virtually every industry experiencing growth.

The report profiles key players such as Georg Fischer Ltd. (Switzerland), Genuit Group (UK), Wienerberger (Austria), Advanced Drainage Systems (US), Aliaxis (Belgium), RWC. (Australia), RIFENG Enterprise Group Co., Ltd. (China), supreme.co.in (India), Chevron Philips Chemical Company LLC. (US), REHAU (Switzerland).

Don’t miss out on business opportunities in Plastic Hot & Cold Pipe Industry. Speak to our analyst and gain crucial market insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103,
Delray Beach, FL 33445
USA : 1-888-600-6441
[email protected]