PVC, also known as polyvinyl chloride, is a non-toxic inert polymer which can be moulded into different shapes to create fittings, valves, pipes and other liquid handling supplies. PVC pipes became popular in Portugal during the 1960s owing to their superiority over concrete, cooper and wooden pipes. Since then, PVC pipes have replaced traditional piping systems in a variety of applications ranging from water distribution, sewerage and drainage to gas distribution, electricity and chemical processing. According to the latest report by IMARC Group, titled “Portugal PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the PVC Pipes market in Portugal grew at a CAGR of around 7% during 2011-2018.
One of the major factors stimulating the growth of the PVC pipes market in Portugal is the revival of the construction industry owing to the improving economic growth in the region. Apart from this, the manufacturers are also focusing on developing value-added products, improving technologies and expanding businesses. This is further projected to enhance the growth prospects of the market. Moreover, the various benefits offered by these pipes, such as high tensile strength, resistance to chemicals, easy installation, cost-effectiveness, low maintenance cost and elimination of welding, are helping in expanding their demand.
This report provides a deep insight into the Portugal PVC pipes market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key application areas, major market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, manufacturing process, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Portugal PVC pipes industry in any manner.
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