The Reports and Insights, a leading market research company, has recently releases report titled “Cross-linked Polyethylene (PEX) Pipe Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Cross-linked Polyethylene (PEX) Pipe Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Cross-linked Polyethylene (PEX) Pipe Market?
The global cross-linked polyethylene (PEX) pipe market size reached US$ 7.5 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 14.6 billion in 2032, exhibiting a growth rate (CAGR) of 7.7% during 2024-2032.
What are Cross-linked Polyethylene (PEX) Pipe?
Cross-linked polyethylene (PEX) pipe is a flexible plastic tubing used in plumbing and heating systems, manufactured by extruding polyethylene through a process that links the polymer chains. This linking enhances the pipe’s strength and resistance to heat. PEX pipes are known for their flexibility, resistance to corrosion, and ability to withstand high temperatures and pressures. They are commonly used in residential and commercial plumbing systems for distributing potable water, as well as in radiant floor heating and hydronic heating applications. PEX pipes are often preferred over traditional metal pipes due to their ease of installation, resistance to freezing and bursting, and cost-effectiveness.
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What are the growth prospects and trends in the Cross-linked Polyethylene (PEX) Pipe industry?
The cross-linked polyethylene (PEX) pipe market growth is driven by various factors. The cross-linked polyethylene (PEX) pipe market is witnessing significant growth, propelled by the increasing adoption of PEX pipes in plumbing and heating systems. PEX pipes are becoming increasingly popular due to their flexibility, corrosion resistance, and ability to withstand high temperatures and pressures. They find wide application in residential and commercial settings for potable water distribution, radiant floor heating, and hydronic heating. Market growth is also driven by factors such as the ease of installation, cost-effectiveness, and durability of PEX pipes compared to traditional metal pipes. Furthermore, the market is benefiting from rising construction activities worldwide and growing awareness of the advantages offered by PEX pipes. Hence, all these factors contribute to cross-linked polyethylene (PEX) pipe market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Type:
- PEX-A (Crosslinked Polyethylene Type A)
- PEX-B (Crosslinked Polyethylene Type B)
- PEX-C (Crosslinked Polyethylene Type C)
By Application:
- Plumbing
- Heating
- Fire Sprinkler Systems
- Radiant Floor Heating
- Snow Melting Systems
- Others
By End-Use:
- Residential
- Commercial
- Industrial
By Sales Channel:
- Direct Sales
- Distributor Sales
Market Segmentation By Region:
North America
- United States
- Canada
Europe
- Germany
- The U.K.
- France
- Spain
- Italy
- Russia
- Poland
- BENELUX
- NORDIC
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Middle East & Africa
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
Who are the key players operating in the industry?
The report covers the major market players including:
- Uponor Corporation
- Rehau
- Viega LLC
- SharkBite (Reliance Worldwide Corporation)
- Watts Water Technologies, Inc.
- Zurn Industries, LLC
- NIBCO Inc.
- The Dow Chemical Company
- Rifeng Enterprise Group Co., Ltd.
- Apollo Valves (Conbraco Industries Inc.)
- Aquatherm GmbH
- Legend Valve & Fitting, Inc.
- Bow Plumbing Group
- Sioux Chief Manufacturing Co., Inc.
- Everhot Inc.
View Full Report: https://www.reportsandinsights.com/report/Cross-linked Polyethylene (PEX) Pipe-market
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