The corrugated pipe market was valued at US$ 13,059.47 million in 2020 and is projected to reach US$ 21,221.04 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028.
A corrugated pipe has a series of ridges and grooves that run parallel to each other on its surface. The corrugated pipes can be made of steel or plastics such as high-density polyethylene (HDPE) and polyvinyl chloride (PVC). Corrugated pipes are mostly used in applications such as storm drains and culverts where flexibility, durability, and strength are important attributes. The flexible property of corrugated pipes make it more useful and suitable for a wide variety of applications as compared with rigid and non-corrugated pipes.
In 2020, Asia Pacific accounted for the largest share of the global corrugated pipe market. The growing developments in manufacturing, and building and construction sectors is driving the demand for corrugated pipe in this region. The vast established agricultural sector in countries such as China and India are also increasing the demand for corrugated pipes to be used in irrigation and drainage systems. Along with this the development, the increased penetration of telecom in Asia Pacific is further driving the growth of the corrugated pipe market.
The ongoing COVID-19 pandemic has had a significant impact on the corrugated pipe market. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage. The disruptions in the production and supply chain have had a negative impact on the corrugated pipe market. Various countries across the world have had lockdown like situations due to outbreak of COVID-19, which led various businesses such as the construction and agricultural business to function with limited capacity, which, in turn, severely affected the corrugated pipe market. Along with this, the construction has also been slumping, which has affected demand for polyvinyl chloride (PVC) that is used in pipes. Thus, the low demand from the end-use industries has had a negative impact on the corrugated pipe market. Various research has been ongoing in countries such as the UK, the Netherlands, and Spain over samples of wastewater for sign of COVID-19. The monitoring and managing of wastewater have become more important in the pandemic and the treatment of waste management including medical, household, and other hazardous waste to minimize possible secondary impacts on health and the environment. With cases rising in many parts of the developing world, there has been an increased focus on waste management. Governments of various countries are focusing on wastewater segregation, which sees black water, gray water, and water laden with toxic chemicals siphoned off into separate municipal streams. This, focus on wastewater management will lead to a positive impact on the corrugated pipe market.
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Corrugated Pipe Market: Strategic Insights
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Corrugated Pipe Market: Strategic Insights
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Market Insights
Increased Use in Drainage Systems
Corrugated pipes have a series of ridges and grooves on its surface that run parallel to each other. These ridges and grooves follow a pattern—they are perpendicular to and bisect the centerline of the pipeline. The corrugated pipes are increasingly being used in sewage and drainage systems due to various operational advantages associated with them. The pipes exhibit long-lasting performance due to low abrasion of inner walls and resistance to acids and other fluids, and they also support high fluid rates. Moreover, these pipes are lightweight and strong. As a result, a low number of resources are required for their installation and they can be installed in constrained areas. These piping systems provide joint integrity, thereby exhibiting tight, leak-proof joints. The corrugated pipes are also characterized by low operational costs due to the lower transportation cost as a greater number of double-wall pipes can be loaded in a truck with less damage while storing and handling, unlike concrete pipes. Further, the requirement of lesser number of laborers in installation reduces installation costs. Corrugated pipes can be used for stormwater drainage as well as subsurface drainage. Stormwater systems demand an extensive range of pipe sizes and are mostly installed in parking and landscaped areas. Double-wall corrugated pipes are used in these drainage facilities due to their durability, sturdiness, and high performance; the high durability and sturdiness make them less prone to cracking. The subsurface drainage systems commonly use high-density polyethylene (HDPE) corrugated pipes to direct underground water transport. These pipes are ideal for controlling groundwater levels and surface water percolation in athletic fields, agricultural fields, golf courses, hillside development projects, and so on. Thus, the increased use of corrugated pipes in drainage and sewage systems is boosting the corrugated pipe market growth.
Type Insights
Based on type, the corrugated pipe market is segmented into metal corrugated pipe and plastic corrugated pipe. The plastic corrugated pipe segment held the largest share of the global corrugated pipe market in 2020. The plastic corrugated plastic pipe is one of the most chemically inert drainage products available for consumers, making it highly resistant to corrosive gases and chemicals. The plastic corrugated pipes are mostly made from high-density polyethylene (HDPE), polyvinyl chloride (PVC), and polypropylene (PP), among others, and are used for maneuvering in congested utility corridors, adjusting to unique site conditions, or traversing difficult terrain.
A few of the key market players operating in the corrugated pipe market are Advanced Drainage Systems, Bina Plastic Industries Sdn. Bhd, Jain Irrigation Systems Ltd., Fränkische Industrial Pipes Gmbh and Co. Kg, Dura Life India, Contech Engineered Solutions LLC, JM Eagle Inc., Pacific Corrugated Company, Pars Ethylene Kish Co., and TDR Inc. Major players in the market are focusing on strategies such as mergers & acquisitions and product launches to expand the geographic presence and consumer base.
Corrugated Pipe Market Regional Insights
The regional trends and factors influencing the Corrugated Pipe Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Corrugated Pipe Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Corrugated Pipe Market Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 13.06 Billion |
| Market Size by 2028 | US$ 21.22 Billion |
| Global CAGR (2020 - 2028) | 6.5% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Market Players Density: Understanding Its Impact on Business Dynamics
The Corrugated Pipe Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Corrugated Pipe Market are:
- Advanced Drainage Systems
- Bina Plastic Industries Sdn. Bhd
- Jain Irrigation Systems Ltd.
- Fränkische Industrial Pipes Gmbh and Co. Kg
- Dura Life India
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Corrugated Pipe Market top key players overview
Report Spotlights
- Progressive trends in the corrugated pipe industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the global corrugated pipe market from 2019 to 2028
- Estimation of the demand for corrugated pipe across various industries
- Porter analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for corrugated pipe
- Market trends and outlook coupled with factors driving and restraining the growth of the corrugated pipe market
- Understanding regarding the strategies that underpin commercial interest with regard to global corrugated pipe market growth, aiding in the decision-making process
- Corrugated pipe market size at various nodes of market
- Detailed overview and segmentation of the global corrugated pipe market as well as its industry dynamics
- Corrugated Pipe market size in various regions with promising growth opportunities
Corrugated Pipe Market, by Type
- Single Wall Corrugated
- Double Wall Corrugated
Corrugated Pipe Market, by Product
- Metal Corrugated Pipe
- Plastic Corrugated Pipe
Corrugated Pipe Market, by Application
- Power Cable Conduit and Telecom Cable Duct
- Drainage and Sewerage Lines
- Building and Construction
Company Profiles
- Advanced Drainage Systems
- Bina Plastic Industries Sdn. Bhd
- Jain Irrigation Systems Ltd.
- Fränkische Industrial Pipes Gmbh and Co. Kg
- Dura Life India
- Contech Engineered Solutions LLC
- JM Eagle Inc.
- Pacific Corrugated Company
- Pars Ethylene Kish Co.
- TDR Inc
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Product , and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, U.S., UAE, UK
Frequently Asked Questions
Suitability in wide range of applications is one of the key drivers for the growth of the global corrugated pipe market. Plastic corrugated pipes are ideal for electrical conduit and cable ducting, found within building walls and underneath roads and walkways. Corrugated electrical and cable ducting protect infrastructure from the damage caused by electricity, telecommunications, lighting, and other utilities. Besides, corrugated steel pipes are used in the construction industry due to their ability to withstand the stress exerted by heavy traffic and unstable foundations. Corrugated polyethylene pipes are being used at agricultural sites for field drainage and soil moisture control, and in stock ponds. These pipes are also deployed for providing grain aeration at agricultural sites. Thus, the suitability of corrugated pipes made from different materials in a wide range of applications is bolstering their demand, thus drive the market growth.
Single Wall Corrugated segment is the fastest growing segment in the global corrugated pipe market during the forecasted period. Single wall corrugated pipes are the high-density polyethylene (HDPE) sheathing pipes that are primarily used in bridge and flyover projects, offshore platforms, tunnels, and viaducts bridges. They also find applications in the construction of underpasses and various electrical projects in the form of street lighting and metro track lights. Single wall corrugated pipes are economical, easy-to-install solutions to residential stormwater drainage problems, which may include downspouts runoff, driveway culverts, foundation and window well drain, and wet spots on the lawn. These factors are bolstering the single wall corrugated segment growth.
On the basis of application, the drainage and sewerage segment led the global corrugated pipe market in 2020. Corrugated pipes are extensively used in storm drains and culverts due to their high strength, flexibility, durability, and abrasion and chemical resistance. They are available in distinct sizes; small ones are available for drainage application to carry runoff from gutters, while larger ones are available for storm drains and culverts. The HDPE corrugated pipes are majorly used in gravity flow water management systems such as subsurface drainage, leachate collection, storm drainage, and sanitary sewers. HDPE is considered ideal for usage in underground structures owing to its non-brittle and lightweight properties. Besides, the HDPE-based pipes are easy to transport and install, thus lowering the overall cost of projects.
Based on product, the plastic corrugated pipe segment is anticipated to account for the largest share in the global corrugated pipe market. The plastic corrugated plastic pipe is one of the most chemically inert drainage products which is available to the consumers making it highly resistant to corrosive gases and chemicals. The plastic corrugated pipes are mostly made from high density polyethylene (HDPE), polyvinyl chloride (PVC), polypropylene (PP), among others and are used for manoeuvring in congested utility corridors, adjusting to unique site conditions, or traversing difficult terrain.
The major players operating in the global corrugated pipe market are Advanced Drainage Systems; Bina Plastic Industries Sdn. Bhd; Jain Irrigation Systems Ltd.; Fränkische Industrial Pipes Gmbh and Co. Kg; Dura Life India; Contech Engineered Solutions LLC; JM Eagle Inc.; Pacific Corrugated Company; Pars Ethylene Kish Co.; TDR Inc. and others.
During the forecast period, Asia Pacific is anticipated to account for the largest share in the global corrugated pipe market. The increase in the development of the manufacturing sector as well as the building and construction sector is driving the demand for corrugated pipe in this region. The vast established agricultural sector in countries such as China and India are also increasing the demand for corrugated pipe for irrigation and drainage systems. Along with this the development as well as the increased penetration of telecom sector in the Asia Pacific region is driving the growth of corrugated pipe market.
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The List of Companies - Corrugated Pipe Market
- Advanced Drainage Systems
- Bina Plastic Industries Sdn. Bhd
- Jain Irrigation Systems Ltd.
- Fränkische Industrial Pipes Gmbh and Co. Kg
- Dura Life India
- Contech Engineered Solutions LLC
- JM Eagle Inc.
- Pacific Corrugated Company
- Pars Ethylene Kish Co.
- TDR Inc.
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