Press release
Mexico Plastic Pipes and Fittings Market is Expected to Reach over USD 800 Million in terms of Production Value by 2023: Ken Research
• Increasing government investment towards transportation infrastructure projects in Mexico is further expected to give a boost to the country’s plastic pipes and fittings market, especially towards underground pipelines systems and others.• Increase in the annual housing demand by approximately 1 million homes per year is anticipated to create a positive impact on the market demand.
• Mexico mining industry after its recovery phase is also expected to be one of the major drivers for plastic pipes demand, especially HDPE pipes in the country.
Government Initiatives: The latest regime has taken a leap towards investment in transportation infrastructure in every domain i.e. air, rail, road and water therefore, creating underground sewage pipeline and water transportation pipelines in the near future. Mexico City’s New International Airport (NAIM) project with a budget of USD 9.1 billion is designed with the capacity to transport up to 68.0 million passengers at the end of its first phase (2020). The second phase of the project is planned for the period 2020-2050 and includes 3 more runways. Mexico’s rail cargo system is comprised of 8 concessionaire companies which have announced a combined investment plan of USD 485.0 million which would be utilized towards rail-related infrastructure projects such as connecting roads, rehabilitation and maintenance of the railway network, and purchase and rental of rail equipment. The increase in investment in civil infrastructure will drive the demand for pipes and fittings in Mexico.
Increase in Annual Housing Demand: Due to increasing youth, low unemployment, strong economic growth and affordable housing options, the demand for housing in Mexico is anticipated to grow continuously over the long term. In accordance with Barnhart Asset Management, Mexico’s annual housing demand will increase by approximately one million homes per year. The construction / housing sector is also expected to create a positive impact on plastic pipe demand towards infrastructural and real estate applications.
Recovery of Mining Industry: The mining sector is expected to witness strong growth in the upcoming years majorly due to surge in pipeline installation projects, competitive operating costs, supportive government policies and rising metal prices. In accordance with Investing News Network (Dig Media Inc.), expected rise in commodity prices will set a future growth path for this industry and is to be valued at USD 17.8 billion by the year ending 2020.
Analysts at Ken Research in their latest publication “Mexico Plastic Pipes and Fittings Market Outlook to 2023 – By PVC Pipes (Plain/Vinyl PVC Pipe - Hydraulic PVC and Sanitary PVC, CPVC and MPVC), HDPE Pipes (Corrugated HDPE and Solid Wall HDPE), By End User Applications (Infrastructure, Irrigation, Sewer, Mining, Water Distribution and Others)” believe that expansion of product portfolios, focus on selling fittings, forward contracts with raw material suppliers, investment in R&D, establishing partnerships with small scale manufacturers and expanding dealer and distribution network are going to help the market register a positive CAGR of 3.4% in terms of production value during the forecast period of 2018–2023E.
For more information on market research report, please refer to the link below:
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/mexico-plastic-pipes-fittings-market/203561-97.html
Key Segments Covered
• Market Segmentation in Mexico Plastic Pipes and Fittings Market
By Type of Pipes
PVC
HDPE
By Type of HDPE Pipes
Corrugated HDPE
Smooth / Solid Wall HDPE
By Type of PVC Pipes based on Material
Plain / Vinyl PVC
CPVC
MPVC
By Type of Plain PVC Pipe based on Application
Hydraulic PVC
Sanitary PVC
By End User Applications
Infrastructure and Real Estate
Irrigate
Sewer
Mining
Water Transportation (Portable Water and Pressure Water)
Others (Chemical, Oil and Gas and Electrical Insulations and rest)
By Market Structure
Organized Market
Unorganized Market
Key Target Audience
• Infrastructure and Real Estate Companies
• Mining Companies
• Government Entities
• Construction Companies
• Oil and Gas Companies
• Plastic Pipe Manufacturers
• Plastic Pipe Raw Material Manufacturers
Time Period Captured in the Report:
• Historical Period – 2013-2018
• Forecast Period – 2018-2023E
Companies Covered in Mexico Plastic Pipes and Fittings Market:
• PT Mexico
• ADS Pipes
• Valtic Mexico
• Tododren
• Mexichem (Amanco and Duraline)
• EMMSA
• Tuberias Advance
• Others (Durman, Beyond Pipes and Polyductors)
Key Topics Covered in the Report
• Executive Summary
• Research Methodology
• Mexico Plastic Pipes and Fittings Market Overview and Genesis
• Value Chain in Mexico Plastic Pipes and Fittings Market
• Stakeholders in Mexico Plastic Pipes and Fittings Market
• Mexico Plastic Pipes and Fittings Market Size, 2013-2018
• Mexico Plastic Pipes and Fittings Market Segmentation, 2018
• Factors affecting Pricing in Mexico Plastic Pipes and Fittings Market
• Trends and Developments in Mexico Plastic Pipes and Fittings Market
• Issues and Challenges in Mexico Plastic Pipes and Fittings Market
• Regulatory Framework in Mexico Plastic Pipes and Fittings Market
• Porter’s Five Force Analysis in Mexico Plastic Pipes and Fittings Market
• Comparative Landscape in Mexico Plastic Pipes and Fittings Market
• Company Profiles of Major Players Operating in the Mexico Plastic Pipes and Fittings Market
• Trade Scenario in Mexico Plastic Pipes and Fittings Market, 2013-2017
• Mexico Plastic Pipes and Fittings Market Future Outlook and Projections, 2018-2023E
• Analyst Recommendations for Mexico Plastic Pipes and Fittings Market
Related Reports
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/south-africa-pipes-fittings-market/198379-97.html
https://www.kenresearch.ae/manufacturing-and-construction/machinery-and-parts/indonesia-plastic-pipes-fittings-market/185888-97.html
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/kuwait-plastic-pipes-fittings-market/175022-97.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.
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