What is PVC Pipes Market?
Polyvinyl chloride is the replacement of metal piping. It has high strength, durability, easy to install and low cost. PVC pipe is used to convey substances such as slurries, liquid, solids, powders and others. It is most commonly used for manufacturing of sewage pipes, water mains and irrigation. Also, PVC helps to conserve energy and water by creating leak free pipes which are not prone to corrosion and resists environmental stress. However, it is unsafe to handle temperature above 140 degree Fahrenheit. As the pipes are cheaper, it is most common choice of builders.
Highlights from PVC Pipes Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Finolex Industries (India), Prince Pipes and Fittings Ltd. (India), Bow Plastics Ltd. (Canada), Royal PVC Pvt. Ltd. (Canada), Ori-Plast Ltd. (India), Avon Plast Ltd. (India), Kisan Mouldings Ltd. (India), Tulsi Extrusion Ltd. (India), Skipper Ltd. (India) and JM Eagle Inc. (United States) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that India Manufacturers will contribute to the maximum growth of Global PVC Pipes market throughout the forecasted period.
Finolex Industries (India), Prince Pipes and Fittings Ltd. (India), Bow Plastics Ltd. (Canada), Royal PVC Pvt. Ltd. (Canada), Ori-Plast Ltd. (India), Avon Plast Ltd. (India), Kisan Mouldings Ltd. (India), Tulsi Extrusion Ltd. (India), Skipper Ltd. (India) and JM Eagle Inc. (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are China Lesso Group Holdings Ltd (China), Astral Polytechnik Limited (India) and Polypipe Plc (United Kingdom). PVC Pipes Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Sewerage, Plumbing, Water Supply, Oil & Gas, Irrigation and Others |
Type | Post Chlorinated, Plasticized and Unplasticized |
End users | Agriculture,Housing,Building & Construction,Telecom Industry,Others |
Material | PVC Resin,Stabilizers,Plasticizers,Lubricant,Pigment Base,Others |
On the basis of geography, the market of PVC Pipes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of PVC Pipe in Various Industries
Market Growth Drivers:
Benefits Such as Chemical Resistance, Durability, Low Cost and Other and Increasing Usage in Construction Industries
Challenges:
Disposal of PVC Pipes Releases Greenhouse Gases
Restraints:
Longer Usage of PVC Pipes for Drinking Water can be Hazardous
Opportunities:
Increasing Acceptance of PVC Pipes over Galvanized Ones and Growing Urbanization is Boosting the Market
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others