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Canada Plastic Pipe and Fitting Market is Expected to Grow at a CAGR of close to 4% in the next 5 years: Ken Research

12-13-2019 11:16 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research

Canada Plastic Pipe and Fitting Market is Expected to Grow at

• After months of negotiations, Canada finally agreed to a revamped trade deal with the U.S. and Mexico. The “United States-Mexico-Canada Agreement” (USMCA) will replace NAFTA. This will have a positive impact on the plastic pipe and fittings market in Canada as many plastic pipe manufacturers depend heavily on the bilateral trade between the US and Canada.

• There are a number of under construction and planned water treatment projects in Canada. Construction of water treatment projects includes the construction of sewage systems for which a large volume of HDPE and UPVC pipes will be required.

• Montreal region is expected to demand a large volume of plastic pipes and fittings as a number of construction projects are in pipeline in this region.

Canadian plastic pipes industry has a compelling future outlook with anticipated growth in the PE pipes segment. The PE Pipes industry will grow at the fastest pace among all the types of plastic pipes, due to an increase in usage of these types of pipes. The use of PVC pipes is expected to reduce due to substitution by other types of plastic pipes in the market. Canada has initiated a lot of environmental safety programs that promotes the best use of plastics and also focus on their recyclability. The market share of organized sector manufacturers is expected to increase by 2022 owing to further consolidation in the market through mergers and acquisitions by major players in the market for increasing their market penetration. The domestic manufacturing is expected to increase as many manufacturers are expected to increase their capacity utilization as the demand for plastic pipes is expected to increase in the near future. Demand for plastic pipes used in industries such as oil and gas, chemical and mining along with irrigation is expected to increase at the fastest pace among other end-user applications.

Industrial growth, commercial growth, public sector spending, private investments and an increase in the number of households are few trends that are expected to drive the market in the future.

Analysts at Ken Research in their latest publication “Canada Plastic Pipes and Fitting Market Outlook to 2022 - By PVC, UPVC, CPVC, PE (HDPE, MDPE, LDPE, PEX), PP, ABS, PVDF, PB Pipes, By Application (Water Supply and Sewage, Plumbing, Chemical, and Oil & Gas and Irrigation)” believe that reduction of wastage and spillage while manufacturing and keeping up with advanced technology, tracking upcoming government and private construction projects, research and development center for plastic resins, increase awareness about new types of plastic pipes and strategic investment decisions in the form of merger and acquisitions will help in maximizing the delivered value from manufacturers to the end-users.

Canada plastic pipe and fittings market is expected to register a positive CAGR of close to 4% during the period 2017-2022 with organized players expected to gain further share in the market. The plastic pipe manufacturers are anticipated to start manufacturing allied products which will enable them to provide complete piping solutions to the end-user. Apart from allied products, capabilities in maintenance and service engineering are also expected to improve in order to serve big clients.

For More Information On The Research Report, Refer To Below Link:-

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/canada-plastic-pipes-fitting-market/155358-97.html

Key Segments Covered
By End User Application:
Water Supply and Sewage
Irrigation
Plumbing
Chemical, Oil & Gas, Mining and Industrial
Others (Cable Protection, HVAC and other related industries)

By Type of Pipes:
PVC (CPVC and UPVC)
Polyethylene (PE) (HDPE, MDPE, LDPE)
Others (Include Polypropylene pipes, ABS, Polyvinylidene fluoride (PVDF), PB Etc

By Type of Market Structure
Organized Sector
Unorganized Sector

Key Target Audience
Plastic Resin Suppliers
Plastic Pipe and Fitting Manufacturing Companies
Oil and Gas Industry
Government Bodies
Real Estate developers
Agriculture Sector Companies

Time Period Captured in the Report:
2012-2017 – Review Period
2017-2022 – Future Forecast

Major Companies Covered:
IPEX Piping Systems, ISCO, Uponor Infra, ADS, Aqua Q, Polytubes, Dura-Line, CanPlas Plastics, Royal Building Products, Zenith Plastics, Rezplast Manufacturing Ltd, PVC Industrial Products Next Polymer and Bow Plastic and others

Key Topics Covered in the Report
Overview of Canada Plastic Pipe and Fitting Market
Value chain analysis
Canada Plastic Pipe and Fitting Market Size by Revenue
Major Players in the Canada Plastic Pipe and Fitting Market
Market Segmentation by Type of Pipe (PVC, PE, and Others) and By End User Application (Irrigation, Water Supply and Sewage, Plumbing, Chemical, Oil & Gas and Mining and Others)
Government Regulations and Standards
Growth Drivers and Restraints
Company profile of Major Manufacturers (IPEX Piping Systems, ISCO, Uponor Infra, ADS, Aqua Q, Polytubes, Dura-Line, CanPlas Plastics, Royal Building Products, Zenith Plastics, Rezplast Manufacturing Ltd, PVC Industrial Products Next Polymer and Bow Plastic and others)
Export and Import Scenario in Canada Plastic Pipes and Fittings Market
Growth Drivers and Trends
Future Outlook
Analyst Recommendation

Related Reports by Ken Research:-

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/europe-plastic-pipes-fitting-market/126975-97.html

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/india-plastic-pipes-fittings-market-forecast-2026-/154988-97.html

https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/saudi-arabia-plastic-pipes-fittings-market/165954-97.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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