You are currently viewing Global PVC Pipes Market to be Driven by the Increasing Application of PVC Pipes in the Water Distribution Systems in the Forecast Period of 2022-2027

Global PVC Pipes Market to be Driven by the Increasing Application of PVC Pipes in the Water Distribution Systems in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global PVC Pipes Market Price, Report and Forecast 2022-2027’, gives an in-depth analysis of the global PVC pipes market, assessing the market based on its segments like applications and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

PVC Pipes Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 4.3%

Report Attribute Details
Historical Period 2017-2021
Forecast Period 2022-2027
Base Year 2020
Growth Rate CAGR  4.3%
Major Players JM Eagle, Inc., NAPCO, Finolex Industries Ltd., Diamond Plastics Corporation, National Pipe and Plastics, Inc, and Formosa Plastics Group, among others.

The increasing application of PVC pipes in the water distribution systems of the residential and commercial construction sector is driving the market growth. PVC pipes are crucial for the transportation and storage of water, and act as a useful equipment for irrigation and hydroponic systems. In this regard, the thriving agriculture sector in the emerging economies is anticipated to propel the demand for the product in the forecast period.

Moreover, PVC pipes have a low content of carbon and require only a few resources to manufacture. Hence, the convenience of manufacturing the product is likely to be a major growth driving factor for the market. Geographically, the Asia Pacific region accounts for a significant share of the market owing to the strong foothold of major pipes and fitting companies in the region.

PVC Pipes Industry Definition and Major Segments

PVC pipe is defined as a type of pipe which is made up of polyvinyl chloride resin. The surface of PVC pipe is smooth, which accelerates the flow of water. The thickness, length, and diametre of PVC pipe can vary, according to the need. Some significant properties of PVC pipes include corrosion resistance, high strength, and durability.

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On the basis of application, the market can be segmented into:

• Irrigation
• Water Supply
• Sewerage
• Plumbing
• HVAC
• Oil and Gas

The regional markets for PVC pipes include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

PVC Pipes Market Trends

The key trends in the global PVC pipes market include the increasing demand for the product to facilitate various pipe rehabilitation and replacement programmes. Rapid industrialisation, urbanisation, and increasing standards of living are likely to be among the crucial trends propelling the demand for PVC pipes. The increasing utilisation of PVC pipes in the construction sector owing to the rapid infrastructure development activities is likely to be a key trend in the market.

The rising investments in agriculture sector owing to the increasing population is anticipated to boost the market growth further in the coming years.

Key Market Players

The major players in the market are:

  • JM Eagle, Inc.
  • NAPCO
  • Finolex Industries Ltd.
  • Diamond Plastics Corporation
  • National Pipe and Plastics, Inc
  • Formosa Plastics Group
  • Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.