US Pipe Products & Markets
Description
Pipe Products & Markets
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. However, volume gains will be driven by:
Pipe markets covered in the study include:
Structural and mechanical
Potable water
Oil and natural gas
Storm and sanitary sewer
Conduit
Industrial processing
Drain, waste, and vent
Irrigation
Markets for pipe products include:
Steel
Plastic (PVC, PEX, CPVC, HDPE, Fiberglass, ABS, and other plastics)
Copper
Ductile iron
Concrete
Aluminum
Other Nonferrous Metal
Clay
Scope of the Report
This report covers the scope, size, and growth of the US pipe market including key trends in market segmentation. Historical data are provided for 2011, 2016, and 2021 with forecasts for 2026 and 2031, with year by year historical market volatility also addressed. Data are provided in both volume and dollar value. Also included is an analysis of the industry key players and their market shares.
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:
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:
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. However, volume gains will be driven by:
- a rebound in oil and gas drilling activity
- increasing water and sewer construction
- healthy growth in transportation equipment manufacturing
- rising production of air conditioners and refrigerators, particularly larger and higher end models that require more tubing
Pipe markets covered in the study include:
Structural and mechanical
Potable water
Oil and natural gas
Storm and sanitary sewer
Conduit
Industrial processing
Drain, waste, and vent
Irrigation
Markets for pipe products include:
Steel
Plastic (PVC, PEX, CPVC, HDPE, Fiberglass, ABS, and other plastics)
Copper
Ductile iron
Concrete
Aluminum
Other Nonferrous Metal
Clay
Scope of the Report
This report covers the scope, size, and growth of the US pipe market including key trends in market segmentation. Historical data are provided for 2011, 2016, and 2021 with forecasts for 2026 and 2031, with year by year historical market volatility also addressed. Data are provided in both volume and dollar value. Also included is an analysis of the industry key players and their market shares.
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.
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:
- HDPE’s flexibility makes it well suited for trenchless installation methods such as slip lining and horizontal directional drilling.
- PEX’s flexibility also facilitates installation in the water distribution market, as it can be bent around obstacles and cut easily.
Table of Contents
247 Pages
- Figure 1-1 US Pipe Products & Markets
- Overview
- Impact on the Economy
- Impact on the Construction Industry
- Impact on the Pipe Industry
- Impact of Pipe Price Inflation
- Study Scope
- Historical Trends
- Supply & Demand
- Foreign Trade & Impact of Tariffs
- Demand by Market
- Demand by Material
- Pricing Patterns
- Sustainability Initiatives
- 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
- Market Scope & Definition
- Potable Water Infrastructure Construction Overview
- Potable Water Pipe Demand Outlook
- Demand by Material
- Plastic Potable Water Pipe Demand by Resin
- Applications
- Market Scope & Definitions
- Factors Impacting Oil & Gas Pipe Demand
- Oil & Gas Pipe Demand Outlook
- Materials
- Applications
- Oil & Gas Pipe Suppliers
- Market Scope & Definitions
- Sewer Infrastructure Construction Overview
- Storm & Sanitary Sewer Pipe Demand Outlook
- Demand by Material
- Plastic Storm & Sewer Pipe Demand by Resin
- Applications
- Market Scope & Definitions
- Telecommunications Construction Overview
- Conduit Pipe Demand Outlook
- Demand by Material
- Plastic Conduit Pipe Demand by Resin
- Market Scope & Definitions
- Process Manufacturing Outlook
- Industrial Processing Pipe Demand Outlook
- Demand by Material
- Plastic Industrial Processing Pipe Demand by Resin
- Scope & Definitions
- Building Construction Outlook
- Drain, Waste, &Vent Pipe Demand Outlook
- Demand by Material
- Plastic Drain, Waste, &Vent Pipe Demand by Resin
- Scope & Definitions
- Agricultural Industry & Land Usage Trends
- Irrigation Pipe Demand Outlook
- Demand by Material
- Plastic Irrigation Pipe Demand by Resin
- Scope & Definitions
- Demand by Material
- Steel Pipe
- Copper Pipe
- Ductile Iron Pipe
- Aluminum Pipe
- Other Metal Pipe (Titanium, Nickel)
- Scope & Definitions
- Plastic Pipe Applications, Drivers, &Restraints
- Demand by Resin
- Demand by Market
- Market Share
- Concrete
- Clay
- Key Findings & Industry Composition
- Market Share
- Mergers & Acquisitions
- List of Industry Participants
- Report Details
- Definitions
- Abbreviations
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Macroeconomic Assumptions
Pricing
Currency Rates
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