The global Thermoplastic Pipe market size is expected to reach $3.6 billion by 2025 from an estimated value of $2.8 billion in 2020 at a CAGR of 5% over the forecast period. The growth of the market is due to increased deep-sea and ultra-deep sea oil and gas production and exploration activities in countries such as the United States and Canada, and increased mining activity in China, Australia and India, along with stringent water and wastewater treatment regulations. In European countries.
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Thermoplastic Pipe Market Segmentations
By Application
• Oil & Gas
• Water & Wastewater
• Mining & Dredging
• Utilities & Renewables
By Product Type
• Reinforced Thermoplastic Pipe (RTP)
• Thermoplastic Composite Pipe (TCP)
By Polymer Type
• Polyethylene (PE)
• Polypropylene (PP)
• Polyvinylidene Fluoride (PVDF)
• Polyvinyl Chloride (PVC)
• Others
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