The latest report by IMARC Group, titled “Spain PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the PVC Pipes market in Spain reached a volume of 186,611 Tons in 2018. Polyvinyl chloride (PVC) pipes are lightweight, strong, durable and highly resistant to chemicals. They are made from PVC resin compounded with varying proportions of processing aids, lubricants, pigments, fillers and stabilisers. They have smooth internal wall surface which reduces fluid friction and resistance to flow. This inhibits slime build-up in sewers, and virtually eliminates tuberculation and encrustation in water distribution channels. Apart from this, PVC pipes are used in several other industries, such as oil and gas, HVAC and plumbing. These pipes can be recycled and used to make new pipes when they reach the end of their service life.
The recovery of the construction industry in Spain has led to the escalated demand for PVC pipes, thereby catalysing the growth of the market. Additionally, the rising awareness among the manufacturers regarding the benefits of PVC pipes over metallic pipes is also stimulating the sales of the PVC pipes across the region. The growing cable protection applications along with expanding chemical and gas distribution network are some of the other factors bolstering the market growth. Moreover, the adoption of new irrigation techniques in Spain to transport water for irrigation or hydroponic systems is projected to significantly increase the use of PVC pipes in the agriculture sector. Looking forward, the market volume is projected to reach 244,328 Tons by 2024, registering a CAGR of 4.5% during 2019-2024.
This report provides a deep insight into the Spain 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 Spain PVC pipes industry in any manner.
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