Corrugated Pipe Market Growth Drivers and Forecast by 2028

The corrugated pipe market was valued at US$ 13,059.47 million in 2020 and is projected to reach US$ 21,221.04 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028.

A corrugated pipe has a series of ridges and grooves that run parallel to each other on its surface. The corrugated pipes can be made of steel or plastics such as high-density polyethylene (HDPE) and polyvinyl chloride (PVC). Corrugated pipes are mostly used in applications such as storm drains and culverts where flexibility, durability, and strength are important attributes. The flexible property of corrugated pipes make it more useful and suitable for a wide variety of applications as compared with rigid and non-corrugated pipes.

In 2020, Asia Pacific accounted for the largest share of the global corrugated pipe market. The growing developments in manufacturing, and building and construction sectors is driving the demand for corrugated pipe in this region. The vast established agricultural sector in countries such as China and India are also increasing the demand for corrugated pipes to be used in irrigation and drainage systems. Along with this the development, the increased penetration of telecom in Asia Pacific is further driving the growth of the corrugated pipe market.

The ongoing COVID-19 pandemic has had a significant impact on the corrugated pipe market. The outbreak has distorted operational efficiency and disrupted the value chains due to the sudden shutdown of national and international boundaries, creating revenue loss and damage. The disruptions in the production and supply chain have had a negative impact on the corrugated pipe market. Various countries across the world have had lockdown like situations due to outbreak of COVID-19, which led various businesses such as the construction and agricultural business to function with limited capacity, which, in turn, severely affected the corrugated pipe market. Along with this, the construction has also been slumping, which has affected demand for polyvinyl chloride (PVC) that is used in pipes. Thus, the low demand from the end-use industries has had a negative impact on the corrugated pipe market. Various research has been ongoing in countries such as the UK, the Netherlands, and Spain over samples of wastewater for sign of COVID-19. The monitoring and managing of wastewater have become more important in the pandemic and the treatment of waste management including medical, household, and other hazardous waste to minimize possible secondary impacts on health and the environment. With cases rising in many parts of the developing world, there has been an increased focus on waste management. Governments of various countries are focusing on wastewater segregation, which sees black water, gray water, and water laden with toxic chemicals siphoned off into separate municipal streams. This, focus on wastewater management will lead to a positive impact on the corrugated pipe market.

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Corrugated Pipe Market: Strategic Insights

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Market Insights

Increased Use in Drainage Systems

Corrugated pipes have a series of ridges and grooves on its surface that run parallel to each other. These ridges and grooves follow a pattern—they are perpendicular to and bisect the centerline of the pipeline. The corrugated pipes are increasingly being used in sewage and drainage systems due to various operational advantages associated with them. The pipes exhibit long-lasting performance due to low abrasion of inner walls and resistance to acids and other fluids, and they also support high fluid rates. Moreover, these pipes are lightweight and strong. As a result, a low number of resources are required for their installation and they can be installed in constrained areas. These piping systems provide joint integrity, thereby exhibiting tight, leak-proof joints. The corrugated pipes are also characterized by low operational costs due to the lower transportation cost as a greater number of double-wall pipes can be loaded in a truck with less damage while storing and handling, unlike concrete pipes. Further, the requirement of lesser number of laborers in installation reduces installation costs. Corrugated pipes can be used for stormwater drainage as well as subsurface drainage. Stormwater systems demand an extensive range of pipe sizes and are mostly installed in parking and landscaped areas. Double-wall corrugated pipes are used in these drainage facilities due to their durability, sturdiness, and high performance; the high durability and sturdiness make them less prone to cracking. The subsurface drainage systems commonly use high-density polyethylene (HDPE) corrugated pipes to direct underground water transport. These pipes are ideal for controlling groundwater levels and surface water percolation in athletic fields, agricultural fields, golf courses, hillside development projects, and so on. Thus, the increased use of corrugated pipes in drainage and sewage systems is boosting the corrugated pipe market growth. 

Type Insights

Based on type, the corrugated pipe market is segmented into metal corrugated pipe and plastic corrugated pipe. The plastic corrugated pipe segment held the largest share of the global corrugated pipe market in 2020. The plastic corrugated plastic pipe is one of the most chemically inert drainage products available for consumers, making it highly resistant to corrosive gases and chemicals. The plastic corrugated pipes are mostly made from high-density polyethylene (HDPE), polyvinyl chloride (PVC), and polypropylene (PP), among others, and are used for maneuvering in congested utility corridors, adjusting to unique site conditions, or traversing difficult terrain.

A few of the key market players operating in the corrugated pipe market are Advanced Drainage Systems, Bina Plastic Industries Sdn. Bhd, Jain Irrigation Systems Ltd., Fränkische Industrial Pipes Gmbh and Co. Kg, Dura Life India, Contech Engineered Solutions LLC, JM Eagle Inc., Pacific Corrugated Company, Pars Ethylene Kish Co., and TDR Inc. Major players in the market are focusing on strategies such as mergers & acquisitions and product launches to expand the geographic presence and consumer base.  

Corrugated Pipe Market Regional Insights

The regional trends and factors influencing the Corrugated Pipe Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Corrugated Pipe Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Corrugated Pipe Market Report Scope

Corrugated Pipe Market Players Density: Understanding Its Impact on Business Dynamics

The Corrugated Pipe Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Corrugated Pipe Market are:

1. Advanced Drainage Systems
2. Bina Plastic Industries Sdn. Bhd
3. Jain Irrigation Systems Ltd.
4. Fränkische Industrial Pipes Gmbh and Co. Kg
5. Dura Life India

Disclaimer: The companies listed above are not ranked in any particular order.

Report Spotlights 

• Progressive trends in the corrugated pipe industry to help players develop effective long-term strategies
• Business growth strategies adopted by companies to secure growth in developed and developing markets
• Quantitative analysis of the global corrugated pipe market from 2019 to 2028
• Estimation of the demand for corrugated pipe across various industries
• Porter analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the competitive market scenario and the demand for corrugated pipe  
• Market trends and outlook coupled with factors driving and restraining the growth of the corrugated pipe market
• Understanding regarding the strategies that underpin commercial interest with regard to global corrugated pipe market growth, aiding in the decision-making process

• Corrugated pipe market size at various nodes of market
• Detailed overview and segmentation of the global corrugated pipe market as well as its industry dynamics
• Corrugated Pipe market size in various regions with promising growth opportunities

Corrugated Pipe Market, by Type

• Single Wall Corrugated
• Double Wall Corrugated

Corrugated Pipe Market, by Product

• Metal Corrugated Pipe
• Plastic Corrugated Pipe

Corrugated Pipe Market, by Application

• Power Cable Conduit and Telecom Cable Duct
• Drainage and Sewerage Lines
• Building and Construction

Company Profiles

• Advanced Drainage Systems
• Bina Plastic Industries Sdn. Bhd
• Jain Irrigation Systems Ltd.
• Fränkische Industrial Pipes Gmbh and Co. Kg
• Dura Life India
• Contech Engineered Solutions LLC
• JM Eagle Inc.
• Pacific Corrugated Company
• Pars Ethylene Kish Co.
• TDR Inc