PUBLISHER: Grand View Research | PRODUCT CODE: 1609976
PUBLISHER: Grand View Research | PRODUCT CODE: 1609976
The Europe & Asia Pacific polypropylene pipes market size is expected to reach USD 9.60 billion by 2030, registering a CAGR of 4.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. Asia Pacific region led the PP pipes market for polypropylene pipes owing to significant demand from a variety of end-use industries such as industrial processing, food processing, and chemicals.
The construction and industrial sector are the major application areas propelling the demand for pipes in the market. Factors such as stable exchange rate, rapid industrialization, infrastructural development, subdued oil prices, and a moderate inflation rate drive the overall economic growth in emerging economies like India and China, thereby driving the demand for polypropylene pipes.
Increasing government spending on infrastructure development in residential and non-residential sectors is projected to play an essential role in ascending the piping system's demand. Moreover, the upcoming industrial hubs in emerging economies such as Vietnam, Taiwan, and India are expected to augment the demand for PP pipes over the forecast period.
Key players in the market are focused on enhancing the product to meet the specific requirements of end-use industries. These players are increasingly focusing on acquisitions, product innovation, and agreements, and on recovering and recycling the plastic to reduce the raw material costs and complete the circular economy in pipe manufacturing.