U.K. MDPE Pipe Market for Water Supply: Introduction
Transparency Market Research delivers key insights on the U.K. MDPE pipe market for water supply. In terms of value, the U.K. MDPE pipe market for water supply is estimated to expand at a CAGR of 1.66% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the U.K. MDPE pipe market for water supply.
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MDPE pipe is extremely strong and 100% resistant to corrosion. MDPE pipe is largely used as sewerage pipe and water supply pipe. PE pipes have been in use since more than 60 years. They are easy to install, strong, and durable. They can be recycled into new PE pipes upon reaching the end of their service life. As a result, PE pipe systems are highly cost efficient. Medium density polyethylene density (MDPE) lies between 0.926 and 0.940 g/cm3. Its heat capacity and tensile strength are found to be between 1.916 kJ/kg.K and 12.4–19.3 Mpa, respectively. Its young modulus falls between 172 MPa–379 MPa. Combined, these properties of MDPE make it a sustainable shock and drop resistance material.
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Existing companies as well as new entrants in the MDPE pipe market need to focus on competitive pricing, as key players operating in the market have integrated operations. Companies in the MDPE pipe market need to focus on enhancing the quality of raw materials used in MDPE pipes and reducing the production cost. MDPE pipe manufacturers can backward integrate into the production of raw materials (ethylene). This would help lower the cost of procuring raw materials. It would also provide manufacturers with an opportunity to supply raw materials to small players operating in the MDPE pipe market. Existing MDPE pipe manufacturers can focus on R&D investments to enhance properties of MDPE pipes in order to meet the requirements of industrial, water supply, and agricultural applications.
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U.K. MDPE Pipe Market for Water Supply: Dynamics
The investment in water infrastructure has been increasing significantly across the U.K. Presence of aging water infrastructure and rise in issues pertaining to pipe leakage are some of the major factors that are driving investments in water infrastructure. According to the Consumer Council for Water, England and Wales lost 3.1 billion liters of water every day from leakage, i.e. overall leakage levels increased by 1.2% in 2019, compared to that in the previous year. Thames Water is the worst offender, as it loses around 179 liters of water per property each day, while Southern Water is the best, as it leaks less than 80 liters of water per property per day. The rise in the demand for water due to the growing population, primarily in London, is another factor propelling investment in the water infrastructure sector. London’s population is expected to increase by 8.8% up to 2026.
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U.K. MDPE Pipe Market for Water Supply: Key Players
Detailed profiles of providers of MDPE pipe for water supply have been provided in the U.K. MDPE pipe market for water supply report to evaluate their financials, key product offerings, recent developments, and strategies. Key players operating in the MDPE pipe market for water supply in the U.K. are Borealis AG, INEOS, LG Chem, Dow, SCG Chemicals Co., NOVA Chemicals Corporate, Westlake Chemical Corporation, BASF SE, LyondellBasell Industries Holdings B.V., and SABIC.
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