The global PVC pipes market reached a volume of 21.32 Million Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.32% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
PVC pipes are composed by the extrusion of a blend of polyvinyl chloride (PVC) and several additives. The production of PVC pipes consumes around four times lesser energy and incurs lower losses of the raw material in comparison to concrete pipes. Moreover, complete recyclability of PVC makes the environmental footprint of these pipes far smaller than the alternative piping materials. Owing to these factors, PVC pipes find applications in water systems, underground wiring and sewer lines.
IMARC Group provides an analysis of the key trends in each sub-segment of the global pvc pipes market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region and application.
On the basis of application, the market has been segmented into irrigation, water supply, sewerage, plumbing, HVAC, and oil and gas. Currently, the irrigation segment dominates the market, holding the largest market share.
Region-wise, Asia enjoys the leading position in the global PVC pipes market. Other major regions include North America, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the global PVC pipes market has also been examined with some of the top largest PVC pipes manufacturers being:
This report provides a deep insight into the global PVC pipes industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a PVC pipes manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, 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 PVC pipes industry in any manner.
The global PVC pipes market reached a volume of 21.32 Million Tons in 2020.
The rising adoption of PVC pipes in water systems, underground wiring and sewer lines over other piping materials, in confluence with increasing construction activities, represents one of the significant drivers impelling the global PVC pipes market growth.
The introduction of PVC-O (oriented) pipes that are environment-friendly and cost-effective is expanding the applications of PVC pipes in various end use industries.
On account of rapidly increasing cases of COVID-19 and lockdowns imposed by the governments of several countries, non-essential activities, such as construction, have come to a sudden halt. This has negatively impacted the sales of PVC pipes worldwide.
On the basis of the application, the market has been classified into irrigation; water supply; sewerage; plumbing; heating, ventilation and air conditioning (HVAC); and oil and gas sectors.
Region-wise, the market has been segmented into Asia, North America, Europe, Middle East and Africa, and Latin America.
Leading industry players are China Lesso Group Holdings Limited, Fujian Aton Advanced Materials Science & Technology Co Ltd., Hebei Bosoar Pipe Co. Ltd., Pipelife Austria Gmbh & Co KG and Plásticos Ferro S.L.
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