United State Pipe Products & Markets Report 2022: Oil & Gas Market Rebound to Support Growth - ResearchAndMarkets.com

The "United State Pipe Products & Markets Report" report has been added to ResearchAndMarkets.com's offering.

Through 2026, demand for pipe products in the US is forecast to increase 2.2% per year to $57.9 billion, equivalent to 12.9 billion linear feet. Growth in value terms is projected to decelerate significantly due mostly to the expectation that average prices of plastic and metal pipe will moderate going forward.

Major Spike in PVC, Steel, & Copper Prices in 2021 Leads to Record Year in Value Terms

In 2021, average prices of PVC, steel, and copper pipe spiked 38%, 48%, and 49%, respectively. The significant increase in prices was due to a number of factors including:

• Major increases in raw material prices, as inflation reaches the highest levels in the US in over 40 years
• Significant supply chain issues and shortages

These price increases led to a massive spike in value demand in 2021 that was boosted by a return to growth in pipe usage. In linear feet terms, demand accelerated from a nearly flat 2020, as the oil and gas drilling, industrial processing, and structural and mechanical markets rebounded due to rising gas prices and increasing durable goods production.

Oil & Gas Market Rebound to Support Growth

The oil and gas market is expected to be the fastest growing pipe market, supported by a significant rebound in the number of wells drilled in the US as oil and natural gas prices increase from very low levels in 2020 and early 2021. Oil and gas drilling activity has increased significantly in 2022, as international production has not been able to keep up with demand and sanctions against Russia have limited the supply of available oil, causing prices to increase at a rapid pace.

HDPE & PEX Continue to Gain Market Share

Demand for HDPE and PEX pipe is expected to grow rapidly due to a number of performance advantages enabled by the flexibility of these materials. HDPE will find the greatest sales opportunities in the storm and sanitary sewer market, while PEX will continue to gain share in potable water distribution.

Key Topics Covered:

1. Executive Summary

2. COVID-19 Pandemic

3. Overview

• Study Scope
• Historical Trends
• Supply & Demand
• Foreign Trade & Impact of Tariffs
• Demand by Market
• Market Value
• Demand in Linear Feet
• Demand in Pounds
• Demand by Material
• Market Value
• Demand in Linear Feet
• Demand in Pounds
• Pricing Patterns
• Sustainability Initiatives
• Recycling & Reuse
• Water Conservation Efforts

4. Structural & Mechanical Pipe

• Scope & Definitions
• Factors Impacting Structural & Mechanical Pipe Demand
• Structural & Mechanical Pipe Demand Outlook
• Demand by Material
• Plastic Structural & Mechanical Pipe Demand by Resin
• Mechanical Pipe
• Demand by Application
• Refrigeration Equipment, HVAC Equipment, & Appliances
• Transportation Equipment
• Other Mechanical Pipe Applications

5. Potable Water Pipe

• Market Scope & Definition
• Potable Water Infrastructure Construction Overview
• Potable Water Pipe Demand Outlook
• Demand by Material
• Plastic Potable Water Pipe Demand by Resin
• Applications
• Demand by Application
• Water Distribution Pipe
• Water Transmission Pipe
• Other Potable Water Pipe (Service & Rural)

6. Oil & Gas Pipe

• Market Scope & Definitions
• Factors Impacting Oil & Gas Pipe Demand
• Drilling & Hydraulic Fracturing Activity
• Oil & Gas Pipeline Construction
• Oil & Gas Pipe Demand Outlook
• Materials
• Demand by Material
• Plastic Oil & Gas Pipe
• Steel OCTG & Line Pipe
• Applications
• Demand by Application
• Oil & Gas Drilling Pipe
• Oil & Gas Transmission Pipe
• Natural Gas Distribution Pipe
• Oil & Gas Pipe Suppliers

7. Storm & Sanitary Sewer Pipe

• Market Scope & Definitions
• Sewer Infrastructure Construction Overview
• Storm & Sanitary Sewer Pipe Demand Outlook
• Demand by Material
• Plastic Storm & Sewer Pipe Demand by Resin
• Applications
• Demand by Application
• Storm Sewer Pipe
• Sanitary Sewer Pipe

8. Conduit Pipe

• Market Scope & Definitions
• Telecommunications Construction Overview
• Conduit Pipe Demand Outlook
• Demand by Material
• Plastic Conduit Pipe Demand by Resin

9. Industrial Processing Pipe

• Market Scope & Definitions
• Process Manufacturing Outlook
• Industrial Processing Pipe Demand Outlook
• Demand by Material
• Plastic Industrial Processing Pipe Demand by Resin

10. Drain, Waste, & Vent (DWV) Pipe

• Scope & Definitions
• Building Construction Outlook
• Drain, Waste, & Vent Pipe Demand Outlook
• Demand by Material
• Plastic Drain, Waste, & Vent Pipe Demand by Resin

11. Irrigation Pipe

• Scope & Definitions
• Agricultural Industry & Land Usage Trends
• Irrigation Pipe Demand Outlook
• Demand by Material
• Plastic Irrigation Pipe Demand by Resin

12. Metal Pipe

• Scope & Definitions
• Demand by Material
• Steel Pipe
• Supply & Demand
• Demand by Market
• Steel Pipe Applications, Drivers, & Restraints
• Market Share
• Copper Pipe
• Demand by Market
• Market Share
• Ductile Iron Pipe
• Demand by Market
• Market Share
• Aluminum Pipe
• Demand by Market
• Aluminum Pipe Applications, Drivers, & Restraints
• Market Share
• Other Metal Pipe (Titanium, Nickel)
• Demand by Market
• Market Share

13. Plastic Pipe

• Scope & Definitions
• Plastic Pipe Applications, Drivers, & Restraints
• Demand by Resin
• Demand Overview
• PVC
• HDPE
• PEX
• CPVC
• Fiberglass
• ABS
• Other Resins (Polypropylene, LDPE, & Other)
• Demand by Market
• Market Share

14. Concrete & Clay Pipe

• Concrete
• Scope & Definition
• Demand by Market
• Market Share
• Clay
• Scope & Definition
• Demand by Market
• Market Share

15. Industry Structure

16. Appendix

For more information about this report visit https://www.researchandmarkets.com/r/pch7z8

View source version on businesswire.com: https://www.businesswire.com/news/home/20221125005136/en/

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