CAGR: 4.5%Current Market Size: USD 4.5 BillionFastest Growing Region: Europe
Largest Market: APACProjection Time: 2023-2030Base Year: 2022
The Global Agricultural Pipes and Tubes market is expected to grow from USD 4.5 billion in 2022 to USD 6.39 billion by 2030, at a CAGR of 4.5% during the Projection period 2023-2030. The growth of this market is mainly driven by a rise in the demand for Agricultural Pipes and Tubes for various irrigation practice.
Agriculture is one of the oldest commercial sectors, and improvements in irrigation methods are assisting in the progress of associated methods and practices. Due to the availability of agricultural pipelines and tubes, contemporary agricultural methods have enabled farmers to increase irrigation production while saving water. Depending on their intended use, these agricultural pipes and tubes come in a wide range of varieties. Polymer construction gives agricultural pipes and tubes their anti-rust, anti-microbial, and resistance to oxidants in the soil and atmosphere properties. These pipes have shown to be quite successful in improving water use. For diverse places where the amount of water needed differs based on the soil and crop varieties, agricultural pipes and tubes are available in various diameters. Pipes are used to draining the water as sub-surface drainage in times of water logging. To deliver the correct amount of water and fertilizer required, agricultural pipes and tubes are used. Agricultural pipes and tubes are also used by sprinklers to provide water for sprinkler irrigation. Urbanization in developing nations like China, India, and Indonesia is anticipated to increase expenditure on infrastructures including electricity, transportation, and irrigation. The high yield of crops cultivated using drip technology is another element propelling the agricultural pipes and tubes business.
Sample Request: - Global Agricultural Pipes and Tubes Market
Market Dynamics:
Drivers:
The market for agricultural pipes and tubes is expected to grow as a result of how agricultural pipes and tubes have helped farmers conserve water and increase irrigation output. Polymer pipes provide a number of benefits over traditional metal pipes. The simplicity with which drip tubes may be erected in irregular areas with different elevations is one of the factors contributing to the widespread use of agricultural pipes and tubes in irrigation.
Restraints:
Many times, a consumer investing in agricultural tubes and pipes does not get quality items. Since the raw material prices of these pipes fluctuate at a high level, it is difficult to keep up with the demand for the pipes while maintaining a normal cost of the product. This not only affects the delay in production and low availability on demand but also affects the quality of the product in the long term. When the quality of the product is affected, it can be seen that a consumer is bound to replace the product in the short term and hence cannot make a long term investment in these. It also hinders the work of the consumer and creates problems on a daily basis if the pipes get clogged too often or catch rust too easily.
Opportunities:
The introduction of new technologies in the field of agriculture has made the daily life of a consumer so convenient. Where a person had to travel back and forth to switch on the flow of water, it can now be done from home with just a flick of the hand. And the consumer is also able to adjust the amount of water and water pressure that he wants to supply in the fields. It is much more of a major help when a person has vast lands and needs to tend to all of them at once. It even saves labor costs for the consumer and just makes life and work easier in general.
Challenges:
Since companies are readily trying to introduce new technologies and experimenting with new materials and designs, the raw materials have become harder to obtain for the normal production of the product. And since the whole show is based on these raw materials, this creates a delay in production. And while the technology might help the consumer in the long run, it creates hurdles for them in the short-term affecting their trust and reliability in the product.
Segmentation Analysis:
The global Agricultural Pipes and Tubes market has been segmented based on card Material type, Pipe type, and Region.
By Material type
The Material type segment includes Polyethylene Pipe, High Density Polyethylene, Moderate Density Polyethylene, Low Density Polyethylene, Polypropylene Pipe, Poly Vinyl Chloride Pipe, Chlorinated Polyvinyl Chloride, and Unplasticized Polyvinyl Chloride. The High Density Polyethylene segment led the largest share of the Agricultural Pipes and Tubes market with a market share of around 16.2% in 2022. Due to its excellent chemical resistance, HDPE pipes are used in plumbing systems and are readily moulded and welded together. They are suitable for a variety of applications since they are also non-corrosive. Because of its expanding application in the construction, agricultural pipe and tube industries, and other sectors, the market for HDPE pipes has changed recently. Fewer fittings are needed in a system when using HDPE pipes since they are lightweight and easy to connect.
By Pipe Type
The Pipe Type segment includes Corrugated Pipe, PE Perforated Pipe, Column Pipe, Riser Pipe, and Drop Pipe. Corrugated Pipe segment led the largest share of the Agricultural Pipes and Tubes market with a market share of around 28% in 2022. In ditches and storm drains, where flexibility is more important than strength and longevity, corrugated pipes are used. Due to their greater flexibility compared to rigid and non-corrugated pipes, corrugated tubes are more practical and suitable for a larger range of applications. The market for corrugated pipes is driven by the expansion of the agricultural sector, urbanization, increased irrigation and construction demand, government efforts to reach out to rural regions, and the creation of "smart cities," which in turn promotes urbanization.
Global Agricultural Pipes and Tubes Market- Sales Analysis.
The sale of Agricultural Pipes and Tubes expanded at a CAGR of 2.9% from 2016 to 2022
Since polymer pipes have several benefits over conventional metal pipes, the market for agricultural pipes and tubes is anticipated to expand. One of the reasons for the use of agricultural pipes and tubes in irrigation is the simple installation of drip tubes on uneven lands with elevations.
Government subsidies in different areas will aid agricultural pipes and tubes in gaining market share that has not previously been properly understood. Another factor driving the growth of the agricultural pipes and tubes market is the high yield of crops grown using drip technology.
Thus, owing to the aforementioned factors, the global Agricultural Pipes and Tubes market is expected to grow at a CAGR of 4.5% during the Projection period from 2023 to 2030.
By Regional Analysis:
The regions analyzed for the Agricultural Pipes and Tubes market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the Agricultural Pipes and Tubes market and held a 37% share of the market revenue in 2022.
Global Agricultural Pipes and Tubes Market- Country Analysis:
Germany's Agricultural Pipes and Tubes market size was valued at USD 0.08 billion in 2022 and is expected to reach USD 0.12 billion by 2030, at a CAGR of 5.5% from 2023 to 2030.
Germany is expanding in the global waterproof Pipe type market. Germany, a nation renowned for its industrial ability, is simultaneously utilizing its technical ability to grow its agricultural industry. Germany has experienced tremendous technological advancement and has also produced a highly qualified workforce to operate its cutting-edge agricultural equipment and permit the application of cutting-edge technologies in crop fields.
China’s Agricultural Pipes and Tubes market size was valued at USD 0.10 billion in 2022 and is expected to reach USD 0.16 billion by 2030, at a CAGR of 6.6% from 2023 to 2030.
China has the largest economy in Asia-Pacific in terms of GDP. China, which produces a lot of grain, is using micro-irrigation techniques and has expanded the market for agricultural pipes and tubes.
India's Agricultural Pipes and Tubes market size was valued at USD 0.07 billion in 2022 and is expected to reach USD 0.10 billion by 2030, at a CAGR of 4.7% from 2023 to 2030.
The rise of Agricultural Pipes and Tubes has been aided by India's rising per capita disposable income. The need for premium quality pipes that can survive harsh weather conditions has been driven by an increase in Pipe type product manufacturing capacity, which is the main driver of the market. Due to the subsidies provided to the agricultural sector, India, a significant producer of crops, is another important participant in the market for agricultural pipes and tubes.
Key Industry Players Analysis:
To increase their market position in the global Agricultural Pipes and Tubes business, top companies focus on tactics such as adopting new Applications, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
4.5% |
Market Size |
4.5 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Material type, By Pipe type, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
JM Eagle Inc, Mexichem, Sekisui Chemical Co Ltd, Nan Ya Plastics Corporation, Diamond Plastics Corporation, Jain Irrigation Systems Ltd, and Advanced Drainage Systems Inc. |
By Material type |
|
By Pipe type |
|
Regional scope |
|
Scope of the Report
Global Agricultural Pipes and Tubes Market By Material Type:
Global Agricultural Pipes and Tubes Market By Pipe Type:
Global Agricultural Pipes and Tubes Market By Region:
Global Agricultural Pipes and Tubes market is expected to reach USD 6.39 billion by 2030, at a CAGR of 4.5% from 2023 to 2030.
The growth of this market is mainly driven by a rise in the demand for Agricultural Pipes and Tubes for various irrigation practices.
Asia Pacific region will witness more growth in the Agricultural Pipes and Tubes market.
The regions analyzed for the air duct cleaning chemicals market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa.
JM Eagle Inc, Mexichem, Sekisui Chemical Co Ltd, Nan Ya Plastics Corporation, Diamond Plastics Corporation, Jain Irrigation Systems Ltd, Advanced Drainage Systems Inc among others.