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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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