Plastic Hot & Cold Pipe Market

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). Due to the growing demand in the various sectors is now on the rise, especially in construction and agriculture; this is because of urbanization and infrastructure development. The other reason for this growth is that plastic pipes, especially the ones made from PVC and cross-linked PEX, are cost-effective and easy to install compared with the use of old metal pipes. Government promotion of energy-efficient solutions like underfloor heating systems also increases this demand.

The key players following the strategies between 2020 to 2024, Georg Fischer Ltd. (Switzerland), Wienerberger (Austria), Aliaxis (Belgium),  Genuit Group (UK), and Advanced Drainage Systems (US). The companies are majorly following product launches, investments, expansions, contracts, agreements, partnerships, funding, and acquisition as the strategy to grow and expand the market.

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Georg Fischer Ltd (Switzerland) is one of the leading suppliers globally in solutions for transporting liquids and gases and in lightweight casting components for cars as well as high-precision manufacturing technologies. The company offers all applications in the areas of building technology, chemical processes, data centers, energy, food & beverage, marine, microelectronics, water and gas distribution and water treatment. Under its wholly owned subsidiary Georg Fischer (GF) Piping Systems, Georg Fischer produces and markets piping systems. GF operates through three business segments—GF Piping Systems, GF Casting Solutions, and GF Machining Solutions. The company, under the business segment of GF Piping Systems, offers plastic hot and cold pipes. It has activities in 34 countries worldwide, and operates in total 59 production facilities. Under the business segment of its Piping Systems, the company maintains several R&D centers besides more than 30 production sites across Europe, Asia, North America, and South America.

Advanced Drainage Systems (US) is a leader in water management solutions. Being environmentally sensitive, ADS manufactures resilient pipes and stormwater systems for safeguarding and conserving water resources. The company offers a wide range of products that include Corrugated HDPE Pipe, Drainage, Storm Pipe, Sanitary Sewer Pipe, Retention/Detention, Pressure Pipe, Construction Products, Residential Products, Recreation Products, and Agriculture Products. The company conducts its operation through 4 segments namely, Pipe, Infiltrator, International, Allied Products & Other. The company through its pipe segment sells plastic hot and cold pipes which has contributed to USD 1.53 Billion, i.e. 53.7% of the revenue in 2023.

Advanced Drainage Systems has 64 manufacturing plant locations and 41 distribution centers worldwide. Strong in North America, the company counted 5,705 strength and generated 99.3% of its revenue in 2023 from North America.

Related Reports:

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

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