The global HDPE oil and gas market is estimated to grow at a moderate CAGR during the forecast period. High-density polyethene (HDPE) pipe may be a cost-effective alternative to steel pipe for oil and gas industries and mining companies looking to save costs. Due to its Corrosion resistance and lightweight reinforced thermoplastic pipe (RTP) is already being used in moderate temperature and pressure applications.
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PE and HDPE pipes have been used in the oil and gas industry for years. HDPE pipe is used in fracking for the collection and transportation of hydrocarbons, as well as the transportation and collection of water required in the process, according to an article in the Pipeline & Gas Journal. Composite pipe constructed of HDPE layers and metallic and non-metallic (glass and carbon fibre) substrates are being used in some of the country’s most difficult terrains at pressures ranging from 300 psi to 3,000 psi. The flexibility of plastic pipe is also valued; gas distribution systems made of fused PE pipe are more likely to endure extreme ground movements also from earthquakes.
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Due to their advantageous properties, HDPE pipes are suitable for a variety of applications, including flood irrigation, drip irrigation, portable water supply & distribution, sewage & industrial effluent disposal, air-conditioning & refrigeration ducting, electrical installations, and drainage pipes. HDPE pipes are low-cost alternatives to other pipes, and their advantages are expected to drive overall pipe demand throughout the forecast period. HDPE pipes are inexpensive and can be used in a range of applications, including agriculture.
For Instance, In September 2020, Fortune Agribusiness has announced intentions to invest $150 million in the establishment of a high-value, 3,500-hectare (8,649-acre) irrigated fruit and vegetable growing complex on its 294,000-hectare (726,490-acre) Singleton Station in Australia’s Northern Territory. In the approaching years, growing agricultural activity and investment planning could be a significant opportunity factor for HDPE pipes.
Global HDPE Oil and Gas Market – Segmentation
By Product,
PE 80
PE 100
Others
By Application,
Offshore Pipeline
Onshore Pipeline
Global HDPE Oil and Gas Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
Supreme pipes
JM Eagke INC
WL Plastics
Apollo Pipes
Nan Ya Plastic Corp.
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