Double Walled Corrugated HDPE Pipe Market Size, Share | 2032
Double Walled Corrugated HDPE Pipe Market Size, Share | 2032
Segments - Double Walled Corrugated HDPE Pipe Market by Type (Sn4 Double Wall Corrugated Pipes, Sn8 Double Wall Corrugated Pipes, and Others), Application (Power Cable Conduit & Telecom Cable Duct, Drainage & Sewerage Lines, and Building & Construction), End-user (Construction & Infrastructure, Telecommunications & Power Utilities, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2024–2032
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| Report ID :MC-6438
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Report Description
Double Walled Corrugated HDPE Pipe Market Outlook 2032
The global double walled corrugated HDPE pipe market size was USD XX Billion in 2023 and is projected to reach USD XX Billion by 2032, expanding at a CAGR of XX% during 2024–2032. The market growth is attributed to the rising demand for durable piping, eco-friendly regulations, and manufacturing advancements in double-walled corrugated HDPE pipes.
Increasing environmental concerns and the need for sustainable infrastructure solutions have led to a surge in the demand for double-walled corrugated HDPE pipes. These pipes are designed to offer excellent performance, durability, and resistance to corrosion, making them suitable for various applications in the construction and infrastructure sectors.
Growing emphasis on wastewater management and stormwater drainage systems is driving the market. The ability of pipes to efficiently transport sewage, stormwater, and other fluids while withstanding harsh environmental conditions has made them indispensable in modern infrastructure projects.
Government regulations and initiatives promoting the use of eco-friendly materials in construction projects are fueling the market. Regulatory bodies are increasingly advocating for the adoption of sustainable and recyclable materials such as HDPE, offering further opportunities for manufacturers and suppliers in the double-walled corrugated HDPE pipe market.
Impact of Artificial Intelligence (AI) in the Double Walled Corrugated HDPE Pipe Market
The impact of Artificial Intelligence (AI) on the double-walled corrugated HDPE pipe market has been transformative. AI technologies are revolutionizing manufacturing processes by enhancing efficiency, accuracy, and predictive maintenance in the production of these pipes. Automated AI systems optimize production schedules, detect defects or irregularities in real-time, and streamline quality control measures, leading to improved product consistency and reduced manufacturing costs.
AI-powered analytics and data processing capabilities enable manufacturers to gain valuable insights into market trends, customer preferences, and demand forecasting. This data-driven approach empowers companies in the double-walled corrugated HDPE pipe market to make informed decisions, innovate their product offerings, and adapt quickly to changing market dynamics, thereby enhancing the market.
Double Walled Corrugated HDPE Pipe Market Dynamics
Major Drivers
Increasing demand for durable and corrosion-resistant piping solutions in various applications such as drainage systems, sewage disposal, and industrial processes is driving the market. The lightweight nature and flexibility of pipes make them suitable for underground installations and reduce maintenance costs over time.
Growing environmental concerns and regulations promoting sustainable infrastructure are spurring the adoption of double-walled corrugated HDPE pipes. The recyclability, leak-proof design, and resistance to chemicals & abrasions of HPe pipes make them environmentally friendly and compliant with stringent standards that propel the market.
Existing Restraints
Regulatory hurdles and compliance requirements are anticipated to hamper the double-walled corrugated HDPE pipe market during the forecast period. Stringent regulations related to material composition, installation standards, and environmental impact assessments increase operational costs and delay project timelines for pipe manufacturers and end-users.
Limited availability of skilled labor and technical expertise in handling HDPE pipe installations is expected to impede the market in the coming years. Insufficient training programs and certification courses for professionals in the construction and infrastructure sectors lead to challenges in proper pipe installation, maintenance, and repair, impacting the market.
Emerging Opportunities
Increasing investments in infrastructure development projects, especially in developing economies, is anticipated to create significant opportunities in the market in the coming years. Growing emphasis on modernizing water management systems, sewerage networks, and drainage systems is driving the demand for durable and corrosion-resistant piping solutions, thereby opening new avenues for the market players. For instance,
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In September 2023, JM Eagle collaborated with a major construction firm to provide HDPE pipe solutions for a major infrastructure project.
Rising adoption of HDPE pipes in various industries such as agriculture, construction, and mining is projected to create new avenues for the market during the forecast period. The versatility of double-walled corrugated HDPE pipes in applications such as irrigation, cable protection, and fluid transportation is attracting manufacturers and suppliers to expand their product offerings and cater to diverse end-user requirements, leading to enhanced market opportunities.
Scope of the Double Walled Corrugated HDPE Pipe Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.
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Attributes |
Details |
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Report Title |
Double Walled Corrugated HDPE Pipe Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2023 |
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Historic Data |
2017 -2022 |
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Forecast Period |
2024–2032 |
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Segmentation |
Type (Sn4 Double Wall Corrugated Pipes, Sn8 Double Wall Corrugated Pipes, and Others), Application (Power Cable Conduit & Telecom Cable Duct, Drainage & Sewerage Lines, and Building & Construction), and End-user (Construction & Infrastructure, Telecommunications & Power Utilities, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Advanced Drainage Systems, Inc.; Armtec LP; Blue Diamond Industries, LLC; CRP Products, Inc.; JM Eagle, Inc.; Kanaflex Corporation Co., Ltd.; Pacific Corrugated Pipe Co.; Polypipe Group PLC; Prinsco, Inc.; and United Poly Systems. |
Regional Outlook
In terms of region, the global double walled corrugated HDPE pipe market is classified as Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America held a major market share in 2023, due to the robust infrastructure development projects, stringent regulations promoting the use of sustainable materials, and the increasing demand for advanced piping solutions in industries such as construction and utilities.
The market in Asia Pacific is projected to grow at a significant pace during the forecast period, owing to rapid urbanization, increasing investments in infrastructure development, and rising adoption of HDPE pipes for various applications such as drainage, sewage systems, and cable ducts. Additionally, government initiatives promoting sustainable practices and the expansion of the construction sector in countries such as China, India, and countries in Southeast Asia are driving the market in the region. For instance,
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In August 2023, Pacific Corrugated Pipe expanded its manufacturing capacity to meet the growing demand for double-walled HDPE pipes in Asia Pacific.
Double Walled Corrugated HDPE Pipe Market Segment Insights
Type Segment Analysis
Based on type, the double walled corrugated HDPE pipe market is divided into Sn4 double wall corrugated pipes, Sn8 double wall corrugated pipes, and others. The Sn8 double-wall corrugated pipes segment held a major share of the market in 2023, owing to their excellent stiffness, durability, and ability to withstand higher loads as compared to Sn4 pipes. This makes Sn8 pipes suitable for applications requiring high strength and performance, such as sewerage systems, stormwater drainage, and industrial piping. For instance,
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In April 2023, Prinsco launched a new line of Sn8 double-walled corrugated HDPE pipes targeting the telecommunications and power utilities segment.
The Sn4 double-wall corrugated pipes segment is expected to expand at a significant growth rate in the coming years, due to the increasing demand for cost-effective and versatile piping solutions in various applications such as cable ducting, agricultural drainage, and small-scale sewerage systems. The lightweight nature, flexibility, and ease of installation of Sn4 pipes make them suitable for a wide range of projects, driving the segment.
Application Segment Analysis
On the basis of application, the global market is segregated into power cable conduit & telecom cable duct, drainage & sewerage lines, and building & construction. The drainage & sewerage lines segment held a large market share in 2023, attributed to the increasing urbanization. Rising infrastructural development, and growing demand for efficient wastewater management systems globally are further boosting the segment.
The power cable conduit & telecom cable duct segment is anticipated to expand at a substantial CAGR during the projected period, due to the rising demand for underground utility infrastructure and the expansion of telecommunication networks. Government initiatives for the development of smart cities and the integration of fiber optic cables for high-speed internet connectivity are fueling the segment.
End-user Segment Analysis
Based on segment, the double walled corrugated HDPE pipe market is segmented into construction & infrastructure, telecommunications & power utilities, and others. The construction & infrastructure segment led the market in terms of revenue in 2023, owing to the increasing construction activities, infrastructure development projects, and the adoption of double-walled HDPE pipes in applications such as drainage systems, sewage lines, and building foundations.
The telecommunications & power utilities segment is projected to register a robust growth rate during the assessment years, due to the expanding telecommunication networks, the demand for underground cable protection, and the use of HDPE pipes for power cable conduit applications. Government investments in power infrastructure and the deployment of fiber optic cables for high-speed internet services are driving the segment.
Segments
The double walled corrugated HDPE pipe market has been segmented based on
Type
- Sn4 Double Wall Corrugated Pipes
- Sn8 Double Wall Corrugated Pipes
- Others
Application
- Power Cable Conduit & Telecom Cable Duct
- Drainage & Sewerage Lines
- Building & Construction
End-user
- Construction & Infrastructure
- Telecommunications & Power Utilities
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Advanced Drainage Systems, Inc.
- Armtec LP
- Blue Diamond Industries, LLC
- CRP Products, Inc.
- JM Eagle, Inc.
- Kanaflex Corporation Co., Ltd.
- Pacific Corrugated Pipe Co.
- Polypipe Group PLC
- Prinsco, Inc.
- United Poly Systems
Competitive Landscape
Key players competing in the global double walled corrugated HDPE pipe market are Advanced Drainage Systems, Inc.; Armtec LP; Blue Diamond Industries, LLC; CRP Products, Inc.; JM Eagle, Inc.; Kanaflex Corporation Co., Ltd.; Pacific Corrugated Pipe Co.; Polypipe Group PLC; Prinsco, Inc.; and United Poly Systems.
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In November 2023, Blue Diamond Industries entered into a strategic partnership with a global infrastructure development company to supply HDPE pipes for a series of projects.
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In August 2022, Kaizen Capital LLC completed the acquisition of Kanaflex Corporation and its subsidiaries, renowned for their expertise in lightweight hose and pipe technology manufacturing.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Double Walled Corrugated HDPE Pipe Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Double Walled Corrugated HDPE Pipe Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Double Walled Corrugated HDPE Pipe Market - Supply Chain
4.5. Global Double Walled Corrugated HDPE Pipe Market Forecast
4.5.1. Double Walled Corrugated HDPE Pipe Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Double Walled Corrugated HDPE Pipe Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Double Walled Corrugated HDPE Pipe Market Absolute $ Opportunity
5. Global Double Walled Corrugated HDPE Pipe Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Types
5.3.1. Sn4 Double Wall Corrugated Pipes
5.3.2. Sn8 Double Wall Corrugated Pipes
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Double Walled Corrugated HDPE Pipe Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Applications
6.3.1. Power Cable Conduit & Telecom Cable Duct
6.3.2. Drainage & Sewerage Lines
6.3.3. Building & Construction
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Double Walled Corrugated HDPE Pipe Market Analysis and Forecast by End Users
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by End Users
7.2.2. Y-o-Y Growth Projections by End Users
7.3. Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by End Users
7.3.1. Construction & Infrastructure
7.3.2. Telecommunications & Power Utilities
7.3.3. Others
7.4. Absolute $ Opportunity Assessment by End Users
7.5. Market Attractiveness/Growth Potential Analysis by End Users
8. Global Double Walled Corrugated HDPE Pipe Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Double Walled Corrugated HDPE Pipe Demand Share Forecast, 2019-2026
9. North America Double Walled Corrugated HDPE Pipe Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Types
9.4.1. Sn4 Double Wall Corrugated Pipes
9.4.2. Sn8 Double Wall Corrugated Pipes
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. North America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Applications
9.7.1. Power Cable Conduit & Telecom Cable Duct
9.7.2. Drainage & Sewerage Lines
9.7.3. Building & Construction
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. North America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by End Users
9.10.1. Construction & Infrastructure
9.10.2. Telecommunications & Power Utilities
9.10.3. Others
9.11. Basis Point Share (BPS) Analysis by End Users
9.12. Y-o-Y Growth Projections by End Users
9.13. Market Attractiveness/Growth Potential Analysis
9.13.1. By Country
9.13.2. By Product Type
9.13.3. By Application
9.14. North America Double Walled Corrugated HDPE Pipe Demand Share Forecast, 2019-2026
10. Latin America Double Walled Corrugated HDPE Pipe Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Types
10.4.1. Sn4 Double Wall Corrugated Pipes
10.4.2. Sn8 Double Wall Corrugated Pipes
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Latin America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Applications
10.7.1. Power Cable Conduit & Telecom Cable Duct
10.7.2. Drainage & Sewerage Lines
10.7.3. Building & Construction
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Latin America Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by End Users
10.10.1. Construction & Infrastructure
10.10.2. Telecommunications & Power Utilities
10.10.3. Others
10.11. Basis Point Share (BPS) Analysis by End Users
10.12. Y-o-Y Growth Projections by End Users
10.13. Market Attractiveness/Growth Potential Analysis
10.13.1. By Country
10.13.2. By Product Type
10.13.3. By Application
10.14. Latin America Double Walled Corrugated HDPE Pipe Demand Share Forecast, 2019-2026
11. Europe Double Walled Corrugated HDPE Pipe Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Types
11.4.1. Sn4 Double Wall Corrugated Pipes
11.4.2. Sn8 Double Wall Corrugated Pipes
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Europe Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Applications
11.7.1. Power Cable Conduit & Telecom Cable Duct
11.7.2. Drainage & Sewerage Lines
11.7.3. Building & Construction
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Europe Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by End Users
11.10.1. Construction & Infrastructure
11.10.2. Telecommunications & Power Utilities
11.10.3. Others
11.11. Basis Point Share (BPS) Analysis by End Users
11.12. Y-o-Y Growth Projections by End Users
11.13. Market Attractiveness/Growth Potential Analysis
11.13.1. By Country
11.13.2. By Product Type
11.13.3. By Application
11.14. Europe Double Walled Corrugated HDPE Pipe Demand Share Forecast, 2019-2026
12. Asia Pacific Double Walled Corrugated HDPE Pipe Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Types
12.4.1. Sn4 Double Wall Corrugated Pipes
12.4.2. Sn8 Double Wall Corrugated Pipes
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Asia Pacific Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Applications
12.7.1. Power Cable Conduit & Telecom Cable Duct
12.7.2. Drainage & Sewerage Lines
12.7.3. Building & Construction
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Asia Pacific Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by End Users
12.10.1. Construction & Infrastructure
12.10.2. Telecommunications & Power Utilities
12.10.3. Others
12.11. Basis Point Share (BPS) Analysis by End Users
12.12. Y-o-Y Growth Projections by End Users
12.13. Market Attractiveness/Growth Potential Analysis
12.13.1. By Country
12.13.2. By Product Type
12.13.3. By Application
12.14. Asia Pacific Double Walled Corrugated HDPE Pipe Demand Share Forecast, 2019-2026
13. Middle East & Africa Double Walled Corrugated HDPE Pipe Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Middle East & Africa Average Pricing Analysis
13.2. Middle East & Africa Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Types
13.4.1. Sn4 Double Wall Corrugated Pipes
13.4.2. Sn8 Double Wall Corrugated Pipes
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Types
13.6. Y-o-Y Growth Projections by Types
13.7. Middle East & Africa Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by Applications
13.7.1. Power Cable Conduit & Telecom Cable Duct
13.7.2. Drainage & Sewerage Lines
13.7.3. Building & Construction
13.8. Basis Point Share (BPS) Analysis by Applications
13.9. Y-o-Y Growth Projections by Applications
13.10. Middle East & Africa Double Walled Corrugated HDPE Pipe Market Size and Volume Forecast by End Users
13.10.1. Construction & Infrastructure
13.10.2. Telecommunications & Power Utilities
13.10.3. Others
13.11. Basis Point Share (BPS) Analysis by End Users
13.12. Y-o-Y Growth Projections by End Users
13.13. Market Attractiveness/Growth Potential Analysis
13.13.1. By Country
13.13.2. By Product Type
13.13.3. By Application
13.14. Middle East & Africa Double Walled Corrugated HDPE Pipe Demand Share Forecast, 2019-2026
14. Competition Landscape
14.1. Global Double Walled Corrugated HDPE Pipe Market: Market Share Analysis
14.2. Double Walled Corrugated HDPE Pipe Distributors and Customers
14.3. Double Walled Corrugated HDPE Pipe Market: Competitive Dashboard
14.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
14.4.1. Advanced Drainage Systems, Inc.
14.4.2. Armtec LP
14.4.3. Blue Diamond Industries, LLC
14.4.4. CRP Products, Inc.
14.4.5. JM Eagle, Inc.
14.4.6. Kanaflex Corporation Co., Ltd.
14.4.7. Pacific Corrugated Pipe Co.
14.4.8. Polypipe Group PLC
14.4.9. Prinsco, Inc.
14.4.10. United Poly Systems
Methodology
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