PVC Pipes Market Introduction:
PVC Pipes is anticipated to expand at 7.13 % CAGR over the review period (2018-2023) owing to their lightweight, easy installation, and easy maintenance asserts Market Research Future (MRFR). 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 pipes are extensively used in sewers, water service lines, drain-waste-vent (DWV), conduit, irrigation, water service lines, water mains, and other industrial installations.
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PVC Pipes comes from the construction industries that including the many applications such as water supply, sewage & drainage, housing & commercial, and irrigation. PVC pipes also formed in three types i.e. Post Chlorinated, Plasticized, and Unplasticized PVC pipes. CPVC pipes are expected to register fastest growth in terms of the production capacity in the next years. Rising acceptance of CPVC pipes over galvanized or PVC pipes will lead to the growth in the future. Improved penetration of the companies with expanding distribution network and significant role played by the government in the development of irrigation infrastructure and real estate sector in the country will bolster the growth in the industry.
PVC Pipes Industry News:
Pratibha Industries has announced that a joint venture with Ceylex Engineering has received a contract worth Rs. 32.31 crore for the construction of Mulankavil water supply scheme and sanitation improvement project at Sri Lanka. The second project is for laying of DI/PVC pipes and fittings for transmission and construction of 1500 capacity water tower in Naiwala area, Sri Lanka for Rs. 35.56 crore.
PVC Pipes Market Key Players:
PVC Pipes Estimated Top Key Players are: Amanco (Brazil), Astral Poly technik Limited (India), National Pipe and Plastics Inc. (US), Polypipe Plc (UK), Egeplast A. S (Turkey), China Lesso Group Holdings Ltd. (China), Advanced Drainage Systems Inc. (US) and more. Astral Poly technik Limited has initiated the commercial production of PVC and CPVC pipes at its new plant which is situated in Alwar, Rajasthan.
PVC Pipes Market Segment Analysis:
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 un-plasticized. 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.
PVC Pipes Market Application:
PVC Pipes on the basis end users have various industries such as agriculture, housing, building & construction, telecom industry, and others. In agriculture industry PVC pipes used in irrigation, drip irrigation and casing pipes. In housing industry used as drinking water transportation pipes, in building & construction industry used as sanitation & sewage pipes, plumbing Pipes and bore well pipes and in telecom industry used for durable underground installation using conventional open cut trench methods, to identify and protect contained underground electrical cables.
PVC Pipes are the leader among plastic pipes with across many industries utilizing PVC pipes to multiple degree. 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 un-plasticized 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.
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PVC Pipes Market Regional Analysis:
The market is classified and analysed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Asia Pacific PVC pipes market is biggest market due to industry growth in China and India. Increasing in demand of PVC pipes in building & construction industry in emerging economies is expected to boost the market demand.
Additionally, North America followed by Europe and Latin America are the other potential markets for PVC pipes. U.S market is often used PVC pipe for pipelines in the water, sewer, and irrigation applications because of its low cost maintains and flexibility. Europe has good demand of PVC pipes market due the building & construction and telecom industry. There is an increasing infrastructure spending in the emerging economies such as China, Brazil, India, and South Africa thus boosting the market growth.
PVC Pipes Market Table of Content to be Continue…..,
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