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Booming urbanization levels in various regions and the functional advantages offered by HDPE pipes will invite extensive growth opportunities through the assessment period of 2020-2030
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The global HDPE pipes market is expected to expand at a CAGR of ~6 percent across the forecast period of 2020-2030
ALBANY, N.Y., May 6, 2021 /PRNewswire/ -- The rise in agricultural activities in densely populated countries like India and the increasing industrialization levels across many regions will serve as a vital growth generator for the HDPE pipes market during the tenure of 2020-2030.
High-density polyethylene (HDPE) pipes are flexible plastic pipes used for gas and fluid transfer. The strong molecular bond and the high impermeability level make it apt for high-pressure pipelines. Thus, these advantages bode well for the growth of the HDPE pipes market. The utilization of HDPE pipes in a wide number of applications will prove to be a vital growth generator.