"Innovative Market Solutions to Help Businesses Make Informed Decisions"
The global corrugated pipe market size was valued at USD 16.50 billion in 2024. The market is projected to grow from USD 17.11 billion in 2025 to USD 23.43 billion by 2032, exhibiting a CAGR of 4.6% during the forecast period. North America dominated the Corrugated Pipe Market with a market share of 46.48% in 2024.
A corrugated pipe is a type of pipe that has a rippled or ridged outer surface and is usually made from materials such as high-density polyethylene (HDPE), polypropylene (PP), polyvinyl chloride (PVC), or metal (such as steel or aluminum). These pipes are used for drainage, stormwater management, sewage systems, culverts, cable protection, and agricultural irrigation. Their corrugated design provides excellent structural strength, flexibility, and resistance to external loads, making them ideal for both underground and above-ground installations.
The corrugated pipe market is propelled by increasing investments in infrastructure development, urban drainage systems, and agricultural modernization across developing and developed economies. In addition, the rising shift toward lightweight, durable, and cost-effective HDPE corrugated pipe piping solutions has led to widespread adoption in the construction and utility sectors. Environmental advantages such as recyclability and lower carbon footprint compared to traditional concrete or metal pipes further contributed to the growing demand.
The market encompasses several major players, including ASTRAL PIPES, Jain Irrigation Systems Ltd., Crown Pipes, Bina Plastic Industries Sdn. Bhd., and FRÄNKISCHE Industrial Pipes GmbH & Co. KG. Their broad portfolios, innovative launches, and strong geographic presence expansion have supported these companies' dominance in the global market.
Rapid Urbanization and Infrastructure Development to Propel Market Growth
Corrugated pipes, particularly those made from HDPE and PVC, are becoming an essential component in modern infrastructure projects due to their superior performance, lightweight design, and ease of installation compared to traditional concrete or metal pipes. Urban infrastructure projects often require extensive underground piping systems for drainage and cable protection.
The growing construction sector in developing nations has amplified the requirement for cost-effective and sustainable piping materials. Through various infrastructure investment programs, billions of dollars are being allocated to upgrading sewage, drainage, and transportation systems globally.
Fluctuations in Raw Material Prices to Restrict Market Expansion
High-density polyethylene (HDPE), polypropylene (PP), and polyvinyl chloride (PVC) are petroleum-derived materials, making their pricing highly susceptible to fluctuations in global crude oil markets. Any abrupt increase in oil prices directly influences the cost of raw materials, consequently elevating the production expenses of corrugated pipes. Manufacturers frequently encounter difficulties in preserving profit margins amidst unpredictable raw material price fluctuations.
Shift Toward Lightweight and Cost-Effective Piping Solutions to Create Lucrative Growth Opportunities
The growing preference for lightweight, durable, and cost-efficient piping systems is boosting the growth of the market. Traditional piping materials such as concrete, steel, or clay are often heavy, expensive to transport, and labor-intensive to install.
The global trend toward cost optimization in infrastructure development also drives the corrugated pipe market growth. Road construction authorities across Europe and the U.S. are using corrugated HDPE pipes for culverts and storm drains to replace conventional materials. Moreover, as environmental regulations push sustainable construction materials, the recyclable nature of thermoplastic corrugated pipes provides an additional economic and ecological advantage. Thus, as industries and governments aim to reduce construction costs without compromising quality, the adoption of lightweight and cost-effective corrugated pipes continues to expand globally.
Growing Environmental Awareness and Sustainability Goals Are One of the Significant Market Trends
With the growing concern over climate change, carbon emissions, and plastic waste, industries are prioritizing materials that are both durable and recyclable. Corrugated HDPE and PP pipes fit this requirement as they are manufactured using eco-friendly processes and can be fully recycled at the end of their life cycle. Moreover, their lightweight nature leads to lower fuel consumption during transportation and installation, further reducing greenhouse gas emissions compared to heavier alternatives such as concrete or metal pipes. Governments and environmental agencies across regions such as Europe, North America, and Asia Pacific are implementing strict environmental regulations that favor the use of sustainable materials in infrastructure projects.
Competition from Alternative Piping Materials to Hamper Growth
The intense competition from alternative piping materials, such as reinforced concrete pipes (RCP), ductile iron pipes, and fiberglass-reinforced plastic (FRP) pipes, hampers the market's growth. These traditional materials are still preferred for specific applications in heavy-load conditions, large-diameter sewer systems, and high-pressure water transport due to their perceived durability and long-standing acceptance among engineers and contractors.
Download Free sample to learn more about this report.
Plastic Corrugated Pipe Held the Largest Market Share Due to Rising Urbanization
The market is segmented by product and is classified into metal corrugated pipe and plastic corrugated pipe.
The plastic corrugated pipe segment held the largest corrugated pipe market share in 2024 and is expected to experience substantial growth. The plastic corrugated pipe is further divided into high-density polyethylene (HDPE), polyvinyl chloride (PVC), polypropylene (PP), and others. The growth is driven by the rising urbanization and growing demand for efficient water management and underground cable protection systems propel adoption. High-density polyethylene (HDPE) and polypropylene (PP) pipes are favored for their chemical resistance and flexibility in varying soil conditions.
The growth of the metal corrugated pipe coatings segment is associated with the increasing infrastructure development, which has heightened the demand for durable, load-bearing drainage and culvert systems. When galvanized or coated, these pipes provide exceptional structural strength and corrosion resistance, rendering them suitable for highways, bridges, and stormwater management systems.
Double Wall Corrugated Held the Dominant Share Owing to its Properties
The market is segmented by type and is classified into single wall corrugated and double wall corrugated.
The double wall corrugated segment held the largest market share in 2024 and is expected to experience substantial growth due to its superior structural integrity, high flow efficiency, and longevity. These pipes are preferred for high-load applications in roadways, culverts, and large-scale drainage networks. The growing use of HDPE and PP double-wall designs enhances hydraulic performance and durability under heavy traffic or soil pressure. Moreover, infrastructure modernization projects, strict stormwater regulations, and the shift toward sustainable sewerage systems are fueling segment expansion globally.
The single wall corrugated segment is projected to experience significant growth in the coming years. The growth of the segment is driven by affordability, ease of transport, and low installation costs. Their simplicity makes them highly attractive for developing economies and rural projects. Moreover, the rising number of housing and smart city developments drives adoption for minor drainage and utility protection purposes. Increasing awareness of water conservation and improved distribution systems boosts the growth of the segment.
Water Management Segment to Exhibit a Significant CAGR Owing to Inadequate Drainage Infrastructure
Based on application, the market is segmented into water management, construction, electrical & telecommunications, agricultural fields, and others.
To know how our report can help streamline your business, Speak to Analyst
The water management segment is expected to dominate the market during the forecast period. The growth of the segment is driven by rising global concerns over water scarcity, urban flooding, and inadequate drainage infrastructure. Their flexibility and leak-proof design ensure efficient flow management, while lightweight properties reduce installation time. Additionally, smart water management programs and government initiatives to upgrade drainage and sewer networks in Asia Pacific and the Middle East are accelerating adoption. Furthermore, the segment is set to hold a 52.6% share in 2025.
The construction segment is witnessing favorable growth throughout the forecast period, attributed to the rapid urban development and infrastructure projects, such as highways, tunnels, and rail networks are major drivers. Contractors increasingly prefer corrugated pipes for their ease of handling and long-term performance. Furthermore, the increasing focus on sustainable construction materials and reduced lifecycle costs continues to strengthen market penetration.
The electrical & telecommunications segment is expected to experience favorable growth over the projected period. The growth of the segment is associated with the growing installation of underground cable networks for smart cities, fiber optics, and power distribution. Corrugated pipes offer high flexibility, crush resistance, and protection against moisture and corrosion.
The agricultural fields segment is driven by the need to improve crop yield and prevent waterlogging in farmlands. Lightweight and flexible properties enable easy installation over large areas.
By geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
ASIA PACIFIC CORRUGATED PIPE MARKET SIZE, 2024 (USD Billion) To get more information on the regional analysis of this market, Download Free sample
The Asia Pacific held the dominant share in 2024, valued at USD 7.35 billion, and is projected to maintain its leading share in 2025, reaching USD 7.67 billion. The factors fostering the dominance of the region include rapid urbanization, government-backed infrastructure investments, and expanding agricultural irrigation systems. China, India, and Southeast Asian nations are major growth centers, where large-scale drainage and construction projects utilize cost-effective plastic corrugated pipes. The region’s growing telecom and power distribution sectors also spur demand for protective conduit pipes. Favorable manufacturing economics and increasing local production capacities sustain long-term growth. In 2025, the China market is estimated to reach USD 4.55 billion.
To know how our report can help streamline your business, Speak to Analyst
Europe is anticipated to witness notable growth in the coming years. During the forecast period, the European region is projected to record a growth rate of 3.8%, the second-highest amongst all regions, and reach a valuation of USD 2.94 billion in 2025. The market's growth is driven by stringent environmental and wastewater regulations, especially under the EU Water Framework Directive. The region favors recyclable plastic corrugated pipes for sustainability and a reduced carbon footprint. Infrastructure modernization in Germany, France, and the U.K., coupled with the growing adoption of underground cable protection systems, boosts demand. Green infrastructure initiatives and flood control measures drive steady market expansion. Backed by these factors, countries including the U.K. are expected to record the valuation of USD 0.53 billion, Germany to record USD 0.76 billion, and France to record USD 0.42 billion in 2025.
After Europe, the market in North America is estimated to reach USD 3.51 billion in 2025 and secure the position of the third-largest region in the market. The growth of the market is driven by strong investments in stormwater management, highway rehabilitation, and smart infrastructure projects. The U.S. Environmental Protection Agency’s (EPA) regulations promoting sustainable drainage systems enhance demand for both metal and plastic corrugated pipes. HDPE and double-wall corrugated variants are widely adopted due to their durability and compliance with environmental standards. In 2025, the U.S. market is estimated to reach USD 3.08 billion.
The Latin America and Middle East & Africa regions will witness moderate growth in this market over the forecast period. The market in Latin America in 2025 is set to record USD 1.09 billion in valuation. The market's growth is driven by the rising construction activities, water management challenges, and government initiatives for rural development. Brazil and Mexico are key contributors, where investments in urban drainage, sewage, and agricultural irrigation are growing.
In the Middle East & Africa, GCC is set to attain the value of USD 0.74 billion in 2025, attributed to the rapid urban development, desalination projects, and the need for efficient water and wastewater infrastructure. GCC countries are increasingly adopting corrugated pipes for stormwater and underground cabling in smart city projects. In Africa, expanding agriculture and basic sanitation programs are propelling demand for cost-effective plastic corrugated pipes.
Key Players Are Adopting Business Expansion Strategies to Maintain Their Positions in the Market
Manufacturers are expanding their business operations to gain a competitive edge in the industry and alleviate the threats of new entrants. Some of the key market players include ASTRAL PIPES, Jain Irrigation Systems Ltd., Crown Pipes, Bina Plastic Industries Sdn. Bhd., and FRÄNKISCHE Industrial Pipes GmbH & Co. KG. Market participants are fiercely competing with international and regional players with extensive distribution networks, regulatory know-how, and suppliers. In addition, companies sign contracts, acquisitions, and strategic partnerships with other market leaders to expand their reach.
To gain extensive insights into the market, Download for Customization
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Growth Rate |
CAGR of 4.6% from 2025-2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Product, By Type, By Application, and By Region |
|
By Product |
· Metal Corrugated Pipe · Plastic Corrugated Pipe o High-Density Polyethylene (HDPE) o Polyvinyl Chloride (PVC) o Polypropylene (PP) o Others |
|
By Type |
· Single Wall Corrugated · Double Wall Corrugated |
|
By Application |
· Water Management · Construction · Electrical & Telecommunications · Agricultural Fields · Others |
|
By Geography |
o Rest of Middle East & Africa (By Application) |
Fortune Business Insights says that the global market value stood at USD 16.50 billion in 2024 and is projected to reach USD 23.43 billion by 2032.
In 2024, the market value stood at USD 7.67 billion.
The market is expected to exhibit a CAGR of 4.6% during the forecast period (2025-2032).
The plastic corrugated pipe segment led the market by product in 2024.
The key factors driving the market are the rapid urbanization, growing infrastructure and drainage development, and rising investments in water management and agricultural irrigation systems.
ASTRAL PIPES, Jain Irrigation Systems Ltd., Crown Pipes, Bina Plastic Industries Sdn. Bhd., and FRÄNKISCHE Industrial Pipes GmbH & Co. KG. are some of the prominent players in the market.
Asia Pacific dominated the market in 2024.
The major factors expected to favor product adoption in the market are ease of installation, superior corrosion resistance, recyclability, and compliance with sustainable construction standards.
Related Reports
Get In Touch With Us
US +1 833 909 2966 ( Toll Free )