European market for pressure pipes showed strong growth in 2018-2019, which was followed by a significant contraction in 2020 when COVID-19 began to take effect in the region. In this extremely atypical year, the European economy saw a 6.3% decline in GDP in 2020. Construction activity was impacted initially but recovered in the second half of 2020 albeit suffered from supply-chain disruptions some of which continue into 2022.

Read the full press release: New standards for gas and water pipes open new opportunities for Polyethylene while circular economy stimulates R&D in the segment