The Global Market for PVC Pipes Estimated At USD 52.10 Billion In The Year 2021, Is Projected To Reach A Revised Size Of USD 76.80 Billion By 2028, Growing At A CAGR Of 5.7% Over The Projected Period 2022-2028.
Pipes and other building components are made of thermoplastic resin called polyvinyl chloride, or PVC. PVC pipes are a common and adaptable kind of plastic piping that have been in use for more than 80 years. PVC pipes are composed of a blend of vinyl and plastic.
PVC pipes are used worldwide in a wide range of market sectors for numerous applications. PVC pipes provide many advantages over metal piping, including superior strength, long lifespan, total resistance to corrosion, and minimal susceptibility to thermal expansion or contraction. Depending on the kind of PVC variation, PVC pipes are available in a variety of sizes and fitting options. They can be utilized for both warm and cold water applications.
PVC pipes do not corrode, wear out, or decay with time.
PVC piping is therefore frequently utilized in subterranean wiring, water systems, and other applications. These pipes are thought to be extremely safe for many applications. Because PVC pipes are widely used in many different industries and are reasonably priced and adaptable, the market for PVC pipes is expanding. PVC pipes are frequently utilized in irrigation, sewer, and water main construction. These pipes are affordable, easily recyclable, eco-friendly, and simple to install. In the next years, PVC pipes' advantages will boost their market share.
Some prominent players in the PVC Pipes Market include:
Finolex Industries Ltd (India), Advanced Drainage Systems Inc. (US), China Lesso Group Holdings Ltd. (China), Polypipe PLC (UK), National Pipe and Plastics Inc. (US), IPEX Inc (Canada), Avient Corporation (US), Astral Polytechnik Limited (India), PMC Specialties Group (US), Westlake Chemical Corporation (US), Chemplast Sanmar Limited (India), Eastman Chemical Company (U.S.), Mitsubishi Chemical Corporation (Japan), and Other Major Players.
Get an overview of this study by requesting a free sample
https://introspectivemarketresearch.com/request/16592
Competitive Insights
Leading market players are spending heavily on R&D to enhance their product development, which will further help the PVC Pipe market growth. Market participants also undertake various strategies to increase their global footprint, including key market developments such as new product launches, contractual agreements, mergers and acquisitions, cash a increased closure, and new partnerships.
Market Dynamics:
Pipes are essential to the building sector. They transport the sewage and wastewater from the building and bring in the main water supply lines. Additionally, pipes are utilized in interior plumbing systems to move water throughout buildings. Concrete and galvanized iron are two common materials used to make pipes for the construction sector. However, PVC pipes swiftly replace these traditional pipes due to their strength, resilience, light weight, and simplicity of installation. Complete resistance to corrosion and reduced susceptibility to heat expansion or contraction are two benefits of PVC pipes. Thus, depending on the PVC type, these pipes can be used for applications involving either warm or cold water. PVC pipes are available in a range of diameters, wall thicknesses, and lengths to suit the specific requirements of each application.
Dividing the Market: Exploring Segmentation Strategies
By Type
- Plasticized
- Unplasticized
- Chlorinated
- Other
By Material
- Stabilizer
- PVC Resin
- Plasticizers
- Pigment base
- Lubricant
- Other
By Application
- Sewerage
- Water Supply
- Plumbing
- Oil and Gas
- Irrigation
- Others
By End Users
- Agriculture
- Telecommunication
- Building & Construction
- Others
Growing Use of PVC with Bio-Attributes Creates Tremendous Opportunities
The production of ethylene, which has historically been used to make PVC resins, generates a significant quantity of greenhouse gas emissions, as is the case with most hydrocarbon-based feedstocks. Furthermore, the extraction and use of gas and oil have a detrimental impact on the environment and greatly worsen the issue of global warming. The growing public consciousness of environmental deterioration and its impact on climate change is driving up demand for sustainable materials. During the forecast period, demand for sustainable building materials will also be driven by the increasing global adoption of various green building criteria.
By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
If you have any specific questions or need further assistance regarding the content of the report, feel free to ask!
https://introspectivemarketresearch.com/inquiry/16592
PVC Pipes End User Insights
government initiatives to improve the agriculture sector due to the growing adoption of organic products is expected to boost the PVC pipes market.
The building and construction sector is anticipated to experience the highest growth in the foreseeable future. Polyvinyl chloride pipes are considered the most advantageous for use in construction and building. The roofing and flooring of buildings are done with polyvinyl chloride pipes, which are safe and affordable substances. Therefore, each of these variables contributes to the segment's growth.
Click the Below to View Full Report: -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=16592
Reasons to Purchase this Market Report:
- Market forecast analysis through recent trends and SWOT analysis
- PVC Pipes Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
- Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
- PVC Pipes Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
- Competitive environment related to the PVC Pipes Market share for key players, along with new projects and strategies that players have adopted over the past five years
About us:
Introspective Market Research Private Limited (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Canada Office
Introspective Market Research Private Limited, 138 Downes Street Unit 6203- M5E 0E4, Toronto, Canada.
APAC Office
Introspective Market Research Private Limited, Office No. 401-403, Saudamini Commercial Complex, Chandani Chowk, Kothrud, Pune India 411038
Ph no: +1-773-382-1049
Comments (0)