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Stock impact report

Plastic Pipe Industry Report 2024: Global Trends, Opportunities and Competitive Analysis to 2030 Featuring Orbia, Mexichem, China Lesso, Sekisui Chemical, Formosa Plastics, & Advanced Drai...

Advanced Drainage Systems, Inc. (WMS) 
Last advanced drainage systems, inc. earnings: 2/6 06:40 am Check Earnings Report
US:NYSE Investor Relations: investors.ads-pipe.com
Company Research Source: Yahoo! Finance
The global plastic pipe market is expected to reach an estimated $147.2 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The future of the global plastic pipe market looks promising with opportunities in water and wastewater, agriculture, chemical, and electrical & telecommunication cable protection. The major growth drivers for this market are growing residential and non-residential construction activities, replacement of aging pipelines, and increasing awareness of the attractive properties of plastic pipes. Emerging trends, which have a direct impact on the dynamics of the industry, include the usage of anti-microbial plastic pipes to improve hygiene, replacement of traditional material pipes with eco-friendly ABS (Acrylonitrile Butadiene Styrene) and PE plastic pipes, and increasing consumption of multilayer plastic pipes in gas distribution. Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their Show less Read more
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