European PVC Pipes Market to Reach 7.88 Million Tons by 2027 | Industry CAGR of 4.38%
According to the latest report by IMARC Group, titled “Europe PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, estimates that the European PVC Pipes market reached a volume of 6.01 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 7.88 Million Tons by 2027, exhibiting at a CAGR of 4.38% during 2022-2027.
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
Polyvinyl chloride (PVC) pipes are hollow, cylindrical components made by combining plastic resins and other synthetic polymers through the extrusion method. As compared to conventional pipes, PVC pipes are more lightweight, durable, and easy to install and exhibit resistance to weathering, rotting, chemical corrosion, and abrasion. They are also cost-efficient and sustainable and comprise a smooth surface to enable faster water flow with minimal friction. Based on these properties, PVC pipes find extensive applications in water systems, irrigation devices, heat insulators for electrification, underground wiring, and sewer lines.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request for a PDF sample of this report: https://www.imarcgroup.com/europe-pvc-pipes-market/requestsample
Market Trends:
One of the prime factors driving the Europe PVC pipes market growth is the ongoing construction activities and significant investments in infrastructural projects across the region. PVC pipes are widely adopted in the commercial and residential sectors as they can withstand rigorous movements, bending, and shaking in earthquake-prone areas without any damage. Moreover, PVC pipes are heat and electricity-resistant and present high fluid pressure owing to which they are used in electric vehicles (EVs) to reduce automobile weight and enhance fuel efficiency.
Additionally, the implementation of green initiatives by regional governments has resulted in a gradual shift towards sustainable transformation related to materials and systems in the plumbing sector, such as drain-waste-vent (DWV) sewers and wiring cables, which is aiding the market growth. Besides this, the growing need for wastewater management across municipal industries is further propelling the installation of PVC pipes in underground sewer lines and drainages to ensure sewage disposal, which is impelling the market growth.
Europe PVC Pipes Market 2022-2027 Competitive Analysis and Segmentation:
Key Market Segmentation:
Based On Type:
- Rigid PVC Pipes
- Flexible PVC Pipes.
Based On Application:
- Sewerage and Drainage
- Gas Supply
- Industrial
- Agriculture
- Drinking Water
- Others
Region:
- Germany
- Italy
- United Kingdom
- Spain
- France
- Others
Ask Analyst for 10% free customized report: https://www.imarcgroup.com/europe-pvc-pipes-market
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com/