PUBLISHER: Grand View Research | PRODUCT CODE: 1701404
PUBLISHER: Grand View Research | PRODUCT CODE: 1701404
The Southeast Asia plastic pipe market size is anticipated to reach USD 19.72 billion by 2030 and is anticipated to grow at a CAGR of 14.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Southeast Asia is witnessing accelerated urbanization, particularly in countries such as Indonesia, Vietnam, Thailand, and the Philippines. The rising population in urban areas is driving the demand for improved water supply, sanitation, and drainage systems, which are key applications of plastic pipes. Governments in the region are heavily investing in infrastructure projects such as smart cities, metro systems, and water management facilities. For example, Indonesia's National Medium-Term Development Plan (RPJMN) and Vietnam's urban water supply and sanitation projects have significantly boosted the demand for durable and cost-effective plastic pipes.
Agriculture remains a significant contributor to the economies of Southeast Asian countries, particularly in nations such as Thailand, Vietnam, and Indonesia. The growing need for efficient water management and irrigation systems is propelling the demand for plastic pipes, particularly HDPE and PVC pipes. Governments are encouraging modern irrigation techniques such as drip and sprinkler irrigation to enhance crop yield and water efficiency. Plastic pipes are preferred in these applications due to their lightweight, durability, and resistance to chemical corrosion. Additionally, with climate change affecting water availability, farmers are increasingly adopting water-efficient systems, further driving the demand for plastic pipes in the agriculture sector.
Government policies promoting sustainable infrastructure development and water management have played a pivotal role in driving the plastic pipe market. Several Southeast Asian countries have initiated programs to improve water supply networks and sewage systems, contributing to the increased use of plastic pipes. For example, the Philippines' "Build, Build, Build" program, which focuses on enhancing water infrastructure and sanitation facilities, has significantly increased the demand for plastic piping systems. Similarly, Thailand's 20-Year Water Management Master Plan promotes sustainable water management, creating opportunities for PVC and HDPE pipe manufacturers. Moreover, policies aimed at reducing non-revenue water (NRW) losses in water distribution systems have driven the replacement of older metal pipes with modern plastic alternatives.