PVC Pipes Market Size, Trends, Segmentation, Key Players and Forecast 2023-2028
According to IMARC Group’s latest report, titled “PVC Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global PVC pipes market size reached 23.8 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 31.1 Million Tons by 2028, exhibiting a growth rate (CAGR) of 4.31% during 2023-2028.
Polyvinyl chloride (PVC) pipes are manufactured by using vinyl, plastic, and numerous additives. They are rust-, tear- and chemical-resistant in nature and have a smooth interior wall surface, which reduces friction and resistance to fluids. PVC pipes are also safe, non-toxic, reliable, etc. In addition to this, they are extremely durable, affordable, lightweight, etc. These pipes are highly energy-efficient, as they use less energy and fewer resources during the production process and are completely recyclable. Consequently, PVC pipes are extensively utilized in sewer lines, irrigation, water systems, underground wiring, etc.
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PVC Pipes Market Trends:
The expanding residential sector is among the key factors stimulating the PVC pipes market. Furthermore, the growing number of housing projects that are equipped with high-tech fire sprinkler systems is catalyzing the market growth. Apart from this, the widespread adoption of PVC pipes for piping and drainage purposes, as they can handle high water pressure while being inert in nature and resistant to bacterial growth, is positively influencing the global market. Additionally, the durability and flexibility of these pipes enable them to withstand rigorous shaking and extreme movement, thereby propelling the market growth. Besides this, extensive investments in R&D activities to introduce advanced technology applying molecular orientation in the manufacturing process of PVC pipes are acting as significant growth-inducing factors. Moreover, the development of PVC-O (oriented) pipes that are more sustainable and energy-efficient in nature is further bolstering the global market. In line with this, they also have enhanced physical and mechanical properties than conventionally produced pipes, which is anticipated to fuel the PVC pipes market over the forecasted period.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the global PVC pipes market has also been examined with some of the top largest PVC pipes manufacturers being
- China Lesso Group Holdings Limited
- Fujian Aton Advanced Materials Science & Technology Co Ltd.
- Hebei Bosoar Pipe Co. Ltd.
- Pipelife Austria Gmbh & Co KG
- Plásticos Ferro S.L.
Key Market Segmentation:
The report has categorized the market based on application and regional Insights.
Breakup by Application:
- Irrigation
- Water Supply
- Sewerage
- Plumbing
- HVAC
- Oil and Gas
Regional Insights:
- Asia
- North America
- Europe
- Middle East and Africa
- Latin America
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Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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.
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