Double Walled Corrugated Hide Pipes Market

Double wall corrugated hide pipes are made of materials that comprise high density poly ethylene (HDPE). These are yellow from inside and have a smooth inner wall and have profiled exterior wall and is black from outside. The internal and external surfaces of the pipe provide strength, stiffness, and long life. These pipes are preferred over conventional pipes such as concrete and metal pipes because they are corrosion resistant, durable, lightweight, recyclable, and UV stabilized. Double wall corrugated hide pipe finds its use in various sectors such as in sewerage treatment plants, drainage and sewerage systems in buildings, underground sewerage infrastructure, rainwater harvesting, and fiber electric cable network

COVID-19 Impact Analysis

• COVID-19 pandemic has shut down the production of double wall corrugated hide pipes attributed to the lockdown in countries worldwide this has hampered the growth of double wall corrugated hide pipes from the last few months and is likely to grow in 2021.
• COVID -19 has already affected the sales of double wall corrugated hide pipes in the second and third quarter of 2020 and is anticipated to grow in year 2021.
• The major demand for double wall corrugated hide pipes was previously noticed from countries including the US Germany Italy UK and China which are negatively affected by the spread of the coronavirus thereby declining the demand for double wall corrugated hide pipes.
• Further potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves double wall corrugated hide pipes manufacturers can afford a full lockdown only for a few months after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID -19 health crisis.
• Double wall corrugated hide pipes manufacturers are expected to focus on protecting their workforce operations and supply chains to respond to ward immediate crisis and find new ways of working after COVID -19 for instance provision of sanitizers maintaining social distancing as well as ensuring the vaccination of every employee in the company can assist in promoting the health and safety of the workforce.

Top Impacting Factors

A lot of people are shifting from rural areas to urban areas due to urbanization, which increases the residential construction. There is a huge demand for infrastructural improvements and water supply across the globe, which fuels the growth of the double wall corrugated hide pipes market. There is an increase in the demand for double wall corrugated hide pipes due to the expansion of industries such as oil & gas, agriculture, and sewage systems. Double wall corrugated hide pipes are highly economical and environment-friendly as compared to conventional pipes. There is a rise in the requirement of water for various activities such as in construction work or for irrigation systems in the agricultural industry. There is also a rise in the activities such as expansion, and upgradation of the water irrigation systems and the drainage disposal systems, and use of these pipes in underground cable protection and telecom cable deployment. These factors foster the growth of the double wall corrugated hide pipes market. However, fluctuation in the costs of the raw material for production restrain the market growth.

Market trends

• Rapid developments in building and constructional activities, advancements in underground drainage systems, and increase in usage of double walled corrugated hide pipes for electric cable networks boost the demand for double walled corrugated hide pipes in the Asia-Pacific region.

• Growth of the sewage & drainage disposal industry, availability of cheap raw materials, and inexpensive labor in the Asia-Pacific region foster the market growth.

Key Benefits of the Report

• This study presents the analytical depiction of the double wall corrugated hide pipes along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the double wall corrugated hide pipes market share.
• The current market is quantitatively analyzed to highlight the double wall corrugated hide pipes market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed double wall corrugated hide pipes market analysis based on competitive intensity and how the competition will take shape in coming years

 Double Walled Corrugated Hide Pipes Market Report Highlights