According to a new report published by Allied Market Research
titled, "India HDPE Pipes Market for
FTTx industry by Type, Industry Vertical, and Application Area: Opportunity
Analysis and Industry Forecast, 2019-2026," the India
HDPE pipes market for FTTx industry accounted for revenue of $99.9 million in
2018 and is anticipated to generate $233.5 million by 2026. The market is
projected to grow at a CAGR of 11.2% from 2019 to 2026.
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HDPE pipes are easily molded and welded together and because of
the high chemical resistance property, they is utilized in piping systems. In
addition, they are non-corrosive in nature, which makes them suitable for many
applications. In recent years, the HDPE pipes market has seen evolution owing
to its growing application in construction, oil & gas pipe industries, and
others. HDPE pipes are lightweight, easy to install, and minimize the number of
fittings needed in a system. These pipes are made from graded raw materials
like PE 63, PE 80, and PE 100. These materials are considered as a suitable
replacement to CI pipes and GI pipes.
The India HDPE pipes market for FTTx Industry is anticipated to
grow at a considerable rate owing to numerous factors such as increase in
investment from the telecommunication and power sector. The aim of the
investment in the power sector is to serve the increase in demand for
electricity, which consequently boosts the demand for HDPE pipes, as HDPE pipes
are dominantly used in transmission systems in the power sector. The surge in
raw material prices such as polyethylene, which is one of the major raw
materials used for HDPE production hinders the India HDPE pipes market growth
for FTTx industry.
The India HDPE pipes market for FTTx Industry market is
segmented into product type, industry vertical, and application area. By
product type, it is divided into standard ducts, micro ducts, pathways, and
others. On the basis of industry vertical, it is segmented into telecom, power,
transport, building & infrastructure, and others. By application area, it
is bifurcated into backbone, metropolitan, and mobile backhaul.
On the basis of product type, micro duct is anticipated to be
the fastest growing segment in the market. The demand for high-density
polyethylene micro duct is rising, owing to its beneficial characteristics such
as cost-effectiveness, space-saving features, airtight enclosure for the cables
that provide flexibility to the cables, and the inner surface is coated with
materials that protect the cables from the surrounding environment.
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On the basis of industry vertical, telecom has gained the
highest market share. HDPE pipes/ducts are intensively used in telecom and has
the highest share in the market, owing to the large consumer base in India.
India is the second-largest telecommunications market and has registered
noteworthy growth in the past decade and a half. India is one of the
fastest-growing telecommunication markets. These factors are expected to drive
the market growth.
The key players profiled in the India HDPE pipes market for FTTx
industry include Dutron Group, Miraj Pipes & Fittings Pvt. Ltd., Gamson
India Private Limited, Nagarjuna Polymers, Apollo Pipes, Mangalam Pipes Pvt.
Ltd., Jain Irrigation Systems Ltd., Berila Electricals Pvt. Ltd., Eonn Plast
India, and Alex Pipe India Pvt. Ltd.
Other players in the value chain of the India HDPE pipes market
for FTTx industry include GSK Irrigation Private Limited., Kunststoff Pipes
LLP, Khyati Polymers, Elegant Polymers, and Sarovar Polymers Pvt. Ltd.
According to Eswara Prasad, Manager, Chemical and Material, and
Energy Power at Allied Market Research, “The India HDPE pipes market for the
FTTx industry is expected to witness considerable growth owing to the rise in
demand from the telecommunication industry. When it comes to communication and
digitalization, India is full of opportunities as the consumer base is huge and
is continuously increasing. The government of India is taking several
initiatives to boost communication connectivity specifically in rural areas.
The government’s initiative to boost connectivity consequently boosts the
demand for HDPE pipes or ducts as they are used in the telecom sector to
protect cables.
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Key Findings of the India HDPE
Pipes Market :
- Based on application, the mobile
backhaul segment is expected to gain dominant share 45.5%
- Based on product type, micro
ducts is expected to experience rapid growth with a rate of 11.8%
- Based on the industry verticals,
telecom is projected to grow at the CAGR of nearly 10.9%, in terms of
revenue, during the forecast period
- A comprehensive analysis of the factors
that drive and restrain the growth is provided
- An extensive analysis of various
regions provides insights that are expected to allow companies to
strategically plan their business moves
- The qualitative data in this
report aims at the market dynamics, India HDPE pipes market trends for
FTTx industry, and developments in the industry
- The quantitative data provides
the India HDPE pipes market size for FTTx industry in terms of revenue
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provides global enterprises as well as medium and small businesses with
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decisions and achieve sustainable growth in their respective market domain.
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companies and this helps us in digging out market data that helps us generate
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forecasting. Each and every data presented in the reports published by us is
extracted through primary interviews with top officials from leading companies
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analysts in the industry.
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