열가소성 파이프 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the thermoplastic pipe market size is expected to grow from USD 4.01 billion in 2025 to USD 4.19 billion in 2026 and is forecast to reach USD 5.23 billion by 2031 at 4.52% CAGR over 2026-2031.

This report is Segmented by Pipe Type (Reinforced Thermoplastic Pipe, Thermoplastic Composite Pipe, and Flexible Composite Pipe), Polymer Type (Polyethylene, Polyvinylidene Fluoride, and More), Installation Location (Onshore, Offshore/Sub-sea, and Downhole/Wellbore), Application (Oil and Gas, Chemical and Process Industries, and More), and Geography (North America, Europe, Asia-Pacific, and More).

Global Thermoplastic Pipe Market Trends and Insights

Rapid Replacement of Corroded Steel Pipelines

Municipalities and midstream operators are simultaneously confronting ageing assets installed during the 1970s-1990s construction wave; corrosion now drives roughly 46% of unplanned maintenance spending according to industry field audits. The U.S. Environmental Protection Agency estimates USD 630 billion in water system upgrades will be needed by 2045, with a USD 115 billion slice earmarked for stormwater networks-projects where PE and polypropylene (PP) pipe often deliver 30-50% installed-cost savings versus steel because lighter reels reduce crane hours and welds are replaced with electro-fusion joints. Advanced Drainage Systems' Q1 2025 revenue rose 4.8% to USD 815.3 million, with infrastructure the standout growth driver amid Infrastructure Investment and Jobs Act funding.

Offshore Operators' Shift to RTP/TCP for Flow-Lines

Deepwater prospects extend beyond 3,000 metres in Brazil's pre-salt and western Atlantic acreage; pressures exceeding 10,000 psi, and carbon dioxide levels trigger stress corrosion in standard API-grade steel. In 2025, Baker Hughes secured contracts to supply 77 km of flexible pipe for Petrobras' Buzios field, citing deployment efficiencies of 60% relative to welded steel stalks.Dutch specialist Strohm landed its largest TCP award for ExxonMobil's Whiptail project, fabricating 24 jumpers for installation at 1,600 m water depth. Long-length spooling enables campaign execution with fewer vessel trips, while non-metallic carcasses eliminate corrosion monitoring-a benefit now quantified under new leak-detection rules.

Volatile Crude-Linked Polymer Prices

Resin costs track naphtha and ethane feedstocks, and 2025 has already delivered month-on-month swings above 15% for PE and PP in North America amid plant outages and freight bottlenecks. Sekisui Chemical therefore announced 15% list-price hikes for potable-water PE pipe from April 2026. Such volatility compresses contractor margins and often triggers bid delays.

Other drivers and restraints analyzed in the detailed report include:

1. Urban Water & Wastewater Infrastructure Boom in APAC
2. Hydrogen-Ready Thermoplastic Pipeline Pilots
3. Pressure / Temperature Limits vs Steel

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

RTP captured 57.45% of the thermoplastic pipe market share in 2025 due to its long track record for medium-pressure hydrocarbon service. Demand is underpinned by shale gathering-line replacements in North America and water injection loops onshore Middle East. TCP, though newer, posts a 6.15% CAGR through 2031 as deepwater developers lock in its corrosion immunity and low carbon footprint. The thermoplastic pipe market size for TCP is projected to reach USD 1.69 billion by 2031 after starting from a USD 1.18 billion base in 2025. DNV's 2024 hybrid composite flexible-pipe standard ST-F207 launch further legitimises TCP for high-tension riser duty. Flexible composite pipe (FCP) remains a niche solution for dynamic well intervention and subsea umbilical jumpers.

In markets where total installed cost is the decisive criterion, RTP maintains an edge because spoolable coils eliminate many flanges and welds, lowering field labour by up to 35%. Yet when performance in sour, high-pressure, or high-temperature conditions trumps capex, TCP increasingly secures the purchase order. Operators also value its lifecycle carbon reduction-studies show a 50 % smaller footprint than carbon-steel equivalents due mainly to lighter vessel loads and fewer fabrication steps. Over the forecast horizon, competitive pricing and third-party insurance relationships will determine how quickly TCP clips RTP's lead.

Polyethylene's 47.60% share of the thermoplastic pipe market income 2025 rested on ubiquitous availability and straightforward fusion techniques. In water networks, PE-100 adopts electro-fusion couplers that finish joints in minutes, cutting leak potential and permitting trenchless installations beneath busy roadways. Nonetheless, the value growth story lies in PVDF, clocking a 6.90% CAGR on the back of hydrogen-ready trials and semiconductor clean-room piping. The thermoplastic pipe market size attributable to PVDF is slated to rise from USD 505 million in 2025 to USD 752 million by 2031. PVDF tolerates 140 °C, resists aggressive acids, and displays very low gas permeability, attributes showcased in GF Piping Systems' SYGEF brand.

Polypropylene and PVC/CPVC occupy middle tiers, servicing districts such as hot-water supply and mining slurry where temperature or abrasion surpass PE's comfort zone but not enough to justify PVDF or polyphenylene sulfide (PPS). Syensqo's 2025 debut of extrudable PPS marks the first real challenger in 200 °C service, though early uptake remains confined to specialty downhole gas-lift lines. Material selection is thus moving away from one-size-fits-all toward application-specific blends, rewarding suppliers that can pair polymers with installation tooling and digital inspection protocols.

Complete Report Scope:

• By Pipe Type
  • Reinforced Thermoplastic Pipe (RTP)
  • Thermoplastic Composite Pipe (TCP)
  • Flexible Composite Pipe (FCP)
• By Polymer Type
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinylidene Fluoride (PVDF)
  • Poly Vinyl Chloride (PVC/CPVC)
  • Others (PA, PPS, etc.)
• By Installation Location
  • Onshore
  • Offshore/Sub-sea
  • Downhole/Wellbore
• By Application
  • Oil and Gas
  • Water and Wastewater
  • Chemical and Process Industries
  • Mining and Slurry
  • District Heating and Cooling
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • ASEAN Countries
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • South Africa
    • Egypt
    • Rest of Middle East and Africa

Geography Analysis

Asia-Pacific held 45.60% of revenue in 2025 and remains the demand locomotive with a 6.30% CAGR to 2031. APAC's thermoplastic pipe market size is projected to top USD 2.64 billion by 2031. India alone is letting water-sector tenders topping USD 2.8 billion for 2025, while Southeast Asian chemical output is set to approach USD 448 billion by 2030, doubling pipe requirements for process cooling loops. Vietnam is emblematic: SCG Chemicals has invested USD 700 million to bolster Long Son Petrochemicals, creating a local resin supply for pipe converters.

North America ranks second, powered by shale gathering upgrades and federal methane fees that make fused-joint PE an economic imperative. Advanced Drainage Systems' sales trajectory underscores the volume, and U.S. stimulus bills funnel capital into stormwater retention and coastal resilience. Europe's market matures along replacement cycles but gains a regulatory kicker from 2024/1787 and the Drinking Water Directive's positive-list requirement.

South America, the Middle East, and Africa, are being served by deepwater activities in Brazil and West Africa and desalination pipelines around the Gulf. Funding models and qualification protocols remain hurdles, yet EPC contractors prefer spoolable RTP to remote oilfields where maintenance logistics cost premiums.

1. TechnipFMC
2. Pipelife Nederland BV
3. Advanced Drainage Systems (ADS)
4. Shawcor - Flexpipe Systems
5. Future Pipe Industries
6. National Oilwell Varco (NOV) - Fiberglass Systems
7. Baker Hughes - Composite Pipe Solutions
8. Prysmian - Subsea Composite Lines
9. Polyflow LLC
10. Magnum RTP
11. Airborne Oil & Gas
12. GF Piping Systems
13. Wavin
14. ALFAGOMMA Industrial Piping
15. Simtech Process Systems
16. Tianjin Jingtong Pipe Industry
17. Cosmoplast
18. Astral Limited
19. IPEX Inc.
20. Uponor

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid replacement of corroded steel pipelines
  • 4.2.2 Offshore operators shift to RTP/TCP for flow-lines
  • 4.2.3 Urban water & wastewater infrastructure boom in APAC
  • 4.2.4 Tightening methane-leak regulations in the U.S. and EU
  • 4.2.5 Hydrogen-ready thermoplastic pipeline pilots
  • 4.2.6 Modular CCS Plants Adopting Composite CO2 Lines
• 4.3 Market Restraints
  • 4.3.1 Volatile crude-linked polymer prices
  • 4.3.2 Pressure / temperature limits vs. steel
  • 4.3.3 Slow deep-water qualification cycles
  • 4.3.4 Micro-plastics compliance rules on certain resins
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook (RTP, TCP, FCP, Hydrogen service)
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Industry Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Pipe Type
  • 5.1.1 Reinforced Thermoplastic Pipe (RTP)
  • 5.1.2 Thermoplastic Composite Pipe (TCP)
  • 5.1.3 Flexible Composite Pipe (FCP)
• 5.2 By Polymer Type
  • 5.2.1 Polyethylene (PE)
  • 5.2.2 Polypropylene (PP)
  • 5.2.3 Polyvinylidene Fluoride (PVDF)
  • 5.2.4 Poly Vinyl Chloride (PVC/CPVC)
  • 5.2.5 Others (PA, PPS, etc.)
• 5.3 By Installation Location
  • 5.3.1 Onshore
  • 5.3.2 Offshore/Sub-sea
  • 5.3.3 Downhole/Wellbore
• 5.4 By Application
  • 5.4.1 Oil and Gas
  • 5.4.2 Water and Wastewater
  • 5.4.3 Chemical and Process Industries
  • 5.4.4 Mining and Slurry
  • 5.4.5 District Heating and Cooling
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Russia
    • 5.5.2.6 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 ASEAN Countries
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Saudi Arabia
    • 5.5.5.2 United Arab Emirates
    • 5.5.5.3 South Africa
    • 5.5.5.4 Egypt
    • 5.5.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration Analysis
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 TechnipFMC
  • 6.4.2 Pipelife Nederland BV
  • 6.4.3 Advanced Drainage Systems (ADS)
  • 6.4.4 Shawcor - Flexpipe Systems
  • 6.4.5 Future Pipe Industries
  • 6.4.6 National Oilwell Varco (NOV) - Fiberglass Systems
  • 6.4.7 Baker Hughes - Composite Pipe Solutions
  • 6.4.8 Prysmian - Subsea Composite Lines
  • 6.4.9 Polyflow LLC
  • 6.4.10 Magnum RTP
  • 6.4.11 Airborne Oil & Gas
  • 6.4.12 GF Piping Systems
  • 6.4.13 Wavin
  • 6.4.14 ALFAGOMMA Industrial Piping
  • 6.4.15 Simtech Process Systems
  • 6.4.16 Tianjin Jingtong Pipe Industry
  • 6.4.17 Cosmoplast
  • 6.4.18 Astral Limited
  • 6.4.19 IPEX Inc.
  • 6.4.20 Uponor

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-need Assessment