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PVC Pipes Industry is anticipated to expand at 7.13 % CAGR over the review period (2019-2023) owing to their lightweight, easy installation, and easy maintenance asserts Market Research Future (MRFR)
PVC Pipes is anticipated to expand at 7.13 % CAGR over the review period (2018-2023) owing to their lightweight, easy installation, and easy maintenance asserts Market Research Future (MRFR). Several industries are using PVC pipes to multiple degrees which makes them the leader among plastic pipes and is expected to reach USD 70 million by the end of 2023.
PVC pipes are extensively used in sewers, water service lines, drain-waste-vent (DWV), conduit, irrigation, water service lines, water mains, and other industrial installations.
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PVC Pipes Market Key Players:
PVC Pipes Estimated Top Key Players are: Amanco (Brazil), Astral Poly technik Limited (India), National Pipe and Plastics Inc. (US), Polypipe Plc (UK), Egeplast A. S (Turkey), China Lesso Group Holdings Ltd. (China), Advanced Drainage Systems Inc. (US) and more. Astral Poly technik Limited has initiated the commercial production of PVC and CPVC pipes at its new plant which is situated in Alwar, Rajasthan.
PVC Pipes Market Segment Analysis:
PVC Pipes Market is majorly segmented on the basis of types, application, end user and region. Based on types market is segmented into post chlorinated, plasticized, and un-plasticized. Based on application market is segmented into sewerage, plumbing, water supply, oil & gas, irrigation, and others, based on end users market is segmented into agriculture, housing, building & construction, telecom industry, and others and based on region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
Housing, building & construction industries including applications like into sewerage, plumbing, water supply, continued to be the increase in the demand of global PVC pipes in the China and India and other developing countries. Most PVC Pipes consumed by the building & construction industry is for the construction of sewerage, plumbing, water supply. Global market PVC Pipes is driven by demand from APAC, Europe, South America and Middle East.
PVC Pipes Industry News:
Pratibha Industries has announced that a joint venture with Ceylex Engineering has received a contract worth Rs. 32.31 crore for the construction of Mulankavil water supply scheme and sanitation improvement project at Sri Lanka. The second project is for laying of DI/PVC pipes and fittings for transmission and construction of 1500 cum capacity water tower in Naiwala area, Sri Lanka for Rs. 35.56 crore.
PVC Pipes Market Regional Analysis:
The market is classified and analysed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific PVC pipes market is biggest market due to industry growth in China and India. Increasing in demand of PVC pipes in building & construction industry in emerging economies is expected to boost the market demand.
Additionally, North America followed by Europe and Latin America are the other potential markets for PVC pipes. U.S market is often used PVC pipe for pipelines in the water, sewer, and irrigation applications because of its low cost maintains and flexibility. Europe has good demand of PVC pipes market due the building & construction and telecom industry. There is an increasing infrastructure spending in the emerging economies such as China, Brazil, India, and South Africa thus boosting the market growth.
PVC Pipes Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global PVC Pipes Market
PVC Pipes Market Table of Content to be Continue…..,
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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