The ‘North America PVC Pipes Market Share, Size, Report and Forecast 2024-2032’ by Expert Market Research gives an extensive outlook of the North America PVC pipes market, assessing the market on the basis of its segments like application and country.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
North America PVC Pipes Market Price, Trends, Growth, Analysis, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2032)
• Historical Market Size (2023): 4.13 million tons
• Forecast CAGR (2024-2032): 4%
• Forecast Market Size (2032): 5.88 million tons
Increasing population and rising demand for adequate water supply as well as sewerage are the key drivers of the North America PVC pipes market growth. PVC pipes are resistant to chemicals, corrosive gases, and rust, due to which they are widely preferred for indoor plumbing and for suppling drinking water. The increasing population in North America is resulting in a heightened demand for drinking water and sewage plumbing to effectively manage water supplies across vast areas. As PVC pipes are lightweight and easy to move and install, they can conveniently be installed underground and in drainage systems. With the long lifespan of PVC pipes, replacements are not frequently required, resulting in their higher demand in difficult to reach spaces.
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Rising standards of living and increasing variations in temperature are leading to a heightened demand for HVAC systems supported by PVC pipes. Usage of PVC pipes enables the easy movement of cold and hot water and other liquids in heating, ventilation, and air conditioning (HVAC) systems. Growing development of residential and commercial infrastructure, equipped with HVAC systems, is accordingly bolstering the North America PVC pipes market. PVC pipes are particularly useful in buildings and constructions where crawl spaces are not present and offer greater resistance to temperature fluctuations due to which they are beneficial in HVAC systems.
North America PVC Pipes Industry Definition and Major Segments
PVC pipes refer to pipes that are made of polyvinyl chloride or PVC, which is plastic and viny combination. These pipes are immensely durable, strong, long-lasting, and resistant to rust, due to which they are commonly used in water distribution, sewerage, and HVAC applications, among others. PVC pipes are also capable of withstanding bending and movement without sustaining damage.
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Based on application, the market is divided into:
• Irrigation
• Water Supply
• Sewerage
• Plumbing
• HVAC
• Oil and Gas
• Others
On the basis of country, the market is bifurcated into:
• United States
• Canada
North America PVC Pipes Market Trends
The capabilities of PVC pipes to tolerate harsh climates and calamities is a key trend in the North America PVC pipes market. As PVC pipes are strong and support movement, they are suited for applications in earthquake prone areas of North America, such as California and Alaska in the United States and the Ottawa river valley of Canada. Deployment of PVC pipes in earthquake prone areas leads to greater security of the pipelines and liquids transported through the pipes.
Advancements in technology are facilitating the development of improved and specialised PVC pipes, increasing their usefulness and applications. With the rising concerns regarding sustainability, more key players are investing in research and development aimed towards improving the product life cycles of PVC pipes. New PVC pipes with greater strength and toughness as well as larger sizes, is anticipated to aid the North America PVC pipes market growth in the coming years.
In countries such as the United States, rising awareness regarding the health risks posed by the usage of lead pipes is surging efforts to replace older lead-based pipes with PVC pipes. As PVC pipes are chemically inert and resistant to corrosion, they are a safer option for the transportation of water. Extensive transitioning of lead-based pipes to PVC pipes is projected to augment the North America PVC pipes market development further.
Key Market Players
The major players in the North America PVC pipes market report are:
- JM Eagle Inc
- Westlake Pipe & Fittings.
- Charlotte Pipe and Foundry Company.
- IPEX Inc
- Cresline Plastic Pipe Co., Inc.
- Dura-Line LLC
- Diamond Plastics Corp.
- Cantex Inc.
- Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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