Global PVC Pipes Market will experience a noticeable growth during the forecast 2027


Posted May 4, 2021 by chemical123

PVC Pipes Market Global Information-by Type (Post Chlorinated, Plasticized, and Unplasticized) Application and Region Forecast till 2027

 
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pvc pipes industry, pvc pipes market research
PVC pipes Market Analysis
According to a new report by Market Research Future (MRFR), the global market for PVC pipes is anticipated to expand at 7.13 % CAGR over the review period (2016-2023). Owing to their easy installation, lightweight, and easy maintenance, Polyvinyl chloride (PVC) pipes are in great demand. Several industries are using PVC pipes to multiple degrees which makes them the leader among plastic pipes and is expected to reach USD 70 million by the end of 2023.
PVC is beneficial over other materials due to its durability, recyclability, chemical resistance, low cost, and others. They are cost-effective, easy to install, corrosion resistant, flame resistant, and environmental friendly along with long life service. PVC pipes are extensively used in sewers, water service lines, drain-waste-vent (DWV), conduit, irrigation, water service lines, water mains, and other industrial installations.
PVC pipes are extensively used in construction industries that include applications such as housing and commercial, water supply, irrigation, and sewage and drainage. Moreover, the penetration of companies with expanding distribution network along with the notable role played by the government in developing the real estate sector and irrigation infrastructure is anticipated to positively impact the global market growth.
PVC pipes are highly resistant to chemicals and have a high tensile strength to endure high fluid pressure. With heat and electrical insulation properties, PVC pipes are also gaining acceptance in electrification application.

Top Key Players
The prominent players operating the global market for PVC pipes are Astral Polytechnik Limited(India), China Lesso Group Holdings Ltd. (China), Amanco (Brazil), Advanced Drainage Systems Inc. (US), Polypipe Plc (UK), and more. Astral Polytechnik Limited has initiated the commercial production of PVC and CPVC pipes at its new plant which is situated in Alwar, Rajasthan.

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Report : https://www.marketresearchfuture.com/reports/pvc-pipes-market-2618

Regional Analysis
Regionally, the market for PVC pipes has been segmented into North America, Europe, Asia Pacific, and Rest-of-the-World (RoW).
The global demand for PVC pipes is dominated by the Asia Pacific region owing to the rapid urbanization and industrialization in this region.
China is the largest producer and consumer and dominates the PVC pipes market. High demand in applications such as water supply, irrigation, plumbing, sewage, oil and gas, and others are anticipated to drive the market growth in this region.
Also, with the growing demand for PVC pipes in building and construction, agriculture, telecom industry, housing, and others in India, China, and Indonesia has boosted the market growth closely followed by North America and Europe.

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Tags pvc pipes industry application , pvc pipes industry type , pvc pipes market
Last Updated May 4, 2021