(MENAFNEditorial) Global PVC Pipes Market Information-by Type (Post Chlorinated, Plasticized, and Unplasticized) by Application (Sewerage, Plumbing, Water Supply, Oil & Gas, Irrigation, and Others), by End User (Agriculture, Housing, Building & Construction, Telecom Industry, and Others) and by Region - Forecast till 2023
Market Highlights
Commenting on this report, an analyst from Market Research Future (MRFR)'s team said, 'Global size is expected to grow with CAGR of 7.13% from 2016 to 2023. The market witnessed a significant growth over the forecasted period owing to growing applications such as sewerage, plumbing, water supply, oil & gas, irrigation, and others across various industries.
PVC pipes manufactured by the plasticizing and homogenizing PVC compound and after then passing it through an extruder. PVC pipes have been used for many years and show that they have durable properties. They are easy to install, strong and stable, when they finally reach the end of their service life. PVC pipes manufactured in various types such as chlorinated, plasticized, and unplasticized in which Chlorinated polyvinyl chloride (CPVC) pipe for use in residential water supply piping systems. CPVC has been a nationally accepted material in the US. PVC pipe are very cost efficient. The manufacturing of PVC pipes is extremely important to this industry due to widely using in various industries, especially in water pipelines, and this industry will continually growing throughout the years.
PVC pipes used in construction & building industry as an applications of irrigation, water supply and plumbing. PVC pipes are low cost and easy to install. Despite claims that PVC pipes production negatively affects the natural environment and human health.
The global PVC pipes market is growing at increasing rate due to the demand in various industry such as sewerage, plumbing, water supply, oil & gas, irrigation, and others. Though fluctuating prices of raw materials, environmental concern, and alternatives of PVC pipes are expected to affect the growth of market in the forecast year.
Key Players
- China Lesso Group Holdings Ltd. (China),
- Astral Polytechnik Limited(India),
- Polypipe Plc (UK),
- Advanced Drainage Systems, Inc. (US),
- Amanco (Brazil),
- National Pipe and Plastics, Inc. (US),
- Egeplast A. S (Turkey),
- Others.
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Regional analysis:
Asia-Pacific region leads the Global PVC pipes market. China being largest producer and consumer of PVC pipes dominates the global PVC pipes market. Rapid industrialization and huge demand from building & construction industries is likely to drive the global PVC pipes market growth. In addition significant growth in agriculture and telecom industries have a positive result on the global PVC pipes market. Huge demand in various application such as sewerage, plumbing, water supply, oil & gas, irrigation, and others likely to drive the PVC pipes market growth. Growth in the number of clean water supply projects is estimated to provide opportunity to the PVC pipe suppliers in Africa and India region. Growing demand for agriculture, housing, building & construction, telecom industry, and Others in China, India, and Indonesia has boosted the global PVC pipes market demand followed by North America and Europe.
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Segmentation:
The global 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 unplasticized. 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.
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