The global dual containment pipe market size surpassed USD 2,961 million in 2024 and is predicted to reach around USD 5,106 million by 2034, registering a CAGR of 5.6% from 2024 to 2034.
The rising need for protection from hazards for oil & gas, chemicals, and water treatment products is driving the adoption of dual containment pipes. The rise in transportation of such goods is raising the need for corrosion-resistant pipes. The regulatory pressure is encouraging manufacturing companies to develop cutting-edge pipes to prevent contamination and hazards. The surge for sustainable infrastructure developments is holding great potential for the market. The growing need for water and wastewater management systems and treatments is also contributing to the market expansions.
North America and Europe are leading the market due to growing concentration on potent safety and risk management. The adoption of cutting-edge materials and construction methods is driving the need for the dual containment pipe in the United States and Canada. Additionally, the strict regulations and investment for safety and protection matters are encouraging growth of the market in the European region. Similarly, Asia Pacific is witnessing significant market growth due to increased awareness of environmentally safe practices. The vast transportation areas in Asia are crucially contributing to the market growth.