China Plastic Pipe Market 2022 Consumption Volume, Value, Sale Price, Import & Export Report Forecast 2029

China Plastic Pipe Market 2022-2029

Plastic pipe sales in China reached 2 million tons in 2018, which are expected to be rising at a strong CAGR of 7% during 2019 - 2029. As revealed by a new research study of Persistence Market Research (PMR), China plastic pipes market will prominently thrive on the back of accelerated demand from the construction industry, particularly the residential sector.

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Government’s efforts in wastewater management and water conservation are contributing significantly to the build-up of China plastic pipes market. Rainwater and storm water systems are expected to exhibit strong growth prospects with the Sponge City initiative and other rainwater harvesting projects initiated by regional administrative bodies and municipality councils.

 Key Players:

The report has profiled some of the Important players prevalent in the global like – Na Ya Plastics Corp., China Lesso Group Holdings Ltd.,   GF Piping Systems Ltd.,   Rehau, Hebei Dingsu plastic Sales Co., Ltd., and Kunshan Pinhong Rubber & Plastic Co., Ltd. Prominent companies and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the China Plastic Pipe.             

Key Takeaways – China Plastic Pipes Market Study

Light weight, superior adaptability, and pliant structure of plastic pipes continue to uplift their preference over metal and other counterparts, in applications ranging from solid and liquid waste handling to HVAC systems.

Exponential growth of construction industry, owing to significant rise in smart cities, Special Economic Zones (SEZs) and manufacturing industries, has been driving the demand for plastic pipes in the country.

Elevated demand for plastic pipes in water transfer applications such as plumbing and water management systems is expected to account for the rising opportunistic potential of liquid conduits, compared to other types of transmission medium.

Presence of a large number of players in the market has been driving manufacturers to develop low-cost yet high quality products to maintain their market hold

Polyvinyl chloride (PVC) and polyethylene (PE) pipes are anticipated to dominate the sales by material type.

Leading manufacturers of plastic pipes based in China primarily focus on strengthening their sales network across the provinces to better market penetration throughout the country. The emergence of the new manufacturers has caused considerable reduction product costs, subsequently leading to improved availability of high-quality plastic pipes across China.

Sales Soar Despite the Unsustainability Buzz around Plastics

China accounts for a fourth of global plastic production which reflects the abundance of availability of raw material and the subsequent ease in procurement of the same. This has been the predominant factor establishing a strong base for plastic pipes market in China.

Despite serious environmental concerns surrounding the use of plastics, it has been observed that plastic remains a preferred choice among pipe manufacturers owing to its light weight and cost efficiency in comparison with other popular choices. Pipes manufactured from non-plastic materials are expensive more prone to leakage. However, biodegradability and recyclability will remain a major concern accounting for serious regulatory implications associated with plastic pipes. Manufacturers are thus innovating with sustainable plastic types such as polyethylene (PE) and high density polyethylene (HDPE).

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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)

Key Stakeholders 
China Plastic Pipe Market Manufacturers 
China Plastic Pipe Market Distributors/Traders/Wholesalers 
China Plastic Pipe Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

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Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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This release was published on openPR.