Global PVC Pipes Market Report and Forecast 2024-2032

PVC Pipes Market Growth Rate

PVC pipe refers to piping that is made of PVC or polyvinyl chloride, a versatile thermoplastic that is a combination of plastic and vinyl. Highly versatile, PVC pipes can be used to transport sewage, water, and other liquids, in several end-use sectors and are durable, sturdy, and offer excellent resistance to corrosion.

The low cost of the polyvinyl chloride along with increased strength, improved durability, and easy installation of the PVC pipes has increased its popularity among various end users leading to the PVC pipes market growth. Rising awareness regarding the importance of clean water supply in rural areas is also fuelling the demand for PVC pipes. The high degree of inertness and corrosion resistance of PVC pipes helps them in preserving the quality of drinking water. Furthermore, increasing infrastructural development in residential and commercial sectors, particularly in emerging economies is surging the demand for PVC pipes. These pipes have extensive applications such as in plumbing, drinking water distribution, sewerage, and HVAC systems, among others.

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Key Trends and Developments

PVC Pipes Market Trends

The trend towards using larger-diameter PVC pipes in municipal water and sewer applications is driven by several factors related to the efficiency, reliability, and sustainability of urban infrastructure. Larger diameter pipes have a greater cross-sectional area, which significantly increases their capacity to carry water which results in improved flow rates, making these pipes highly effective for transporting large volumes of water or waste over long distances. Investing in larger-diameter pipes can be more cost-efficient in the long run in the PVC market. Although the initial installation cost may be higher compared to smaller pipes, the reduced risk of blockages and leaks, lower maintenance requirements, and the ability to handle increased future demand make it a financially sound choice.

Market players are increasingly establishing new PVC pipes and fittings manufacturing facilities to expand their operations. In December 2023, Captain Pipes Ltd., a prominent manufacturer in the PVC pipes sector, announced its intention to expand its production capabilities by setting up a new PVC manufacturing facility near Ahmedabad, India. This move is indicative of the company's strategic efforts to meet the increasing demand for PVC pipes and fittings, which are widely used in various sectors including construction, irrigation, water supply, and sewage systems.

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PVC Pipes Industry Segmentation

PVC Pipes Market Share

The unplasticised PVC segment maintains its dominance in the market owing to its growing applications in sewerage, waste, and drainage sectors

Unplasticised PVC pipes account for a significant share of the PVC pipes market owing to their rising application in the transportation of sewage, underground drainage, waste, and drinking water. They are a less porous material which increases the strength of the pipes and reduces the maintenance requirement. The lead-free property reduces the risk of contamination and increases its application in the healthcare and hospitality sectors. Increasing awareness regarding the importance of adequate sewage and plumbing maintenance is also anticipated to increase the demand for unplasticised PVC pipes further in the coming years.

Chlorinated PVC pipes are anticipated to witness sizeable growth in the coming years as CPVC pipes can withstand higher temperatures than standard PVC pipes. While PVC pipes are typically suitable for temperatures up to 140°F (60°C), CPVC pipes can handle temperatures up to 200°F (93°C). This makes CPVC pipes ideal for hot and cold water lines in residential and commercial buildings.

The sewerage sector accounts for a major PVC pipes market share as PVC pipes offer a corrosion-resistant and durable pipe solution for sewers

The sewerage sector occupies a dominant market share. PVC pipes are highly resistant to environmental degradation, chemical rotting, corrosion, and abrasion which makes them ideal for sewerage applications, where the pipe material may be exposed to a variety of substances, including acidic and basic effluents. Their durability leads to a longer service life, often exceeding 100 years, reducing the need for frequent replacements and repairs. The joining methods used for PVC pipes, such as gasketed bell and spigot joints or solvent welding, create a watertight seal that prevents the leakage of sewage and the infiltration of groundwater which is crucial for maintaining sanitary conditions and preventing the contamination of surrounding soil and water bodies.

The water supply sector is also anticipated to gain robust growth in the PVC pipes market in the coming years. Unlike metal pipes, PVC pipes do not corrode when exposed to water, which makes them ideal for water supply systems. This corrosion resistance ensures that the water remains free from contamination that can occur from corroded metal pipes.

Leading Manufacturers of PVC Pipes

The market players are establishing new production facilities to gain a competitive edge in the PVC pipes market.

JM Eagle, Inc.

JM Eagle, Inc., established in 1982 in California, United States, specializes in manufacturing high-density polyethylene pipes and polyvinyl chloride.

Formosa Plastics Corporation

Formosa Plastics Corporation, founded in 1954 in Kaohsiung City, Taiwan, produces polyvinyl chloride resins an...

Shin-Etsu Chemical Co., Ltd

Shin-Etsu Chemical Co., Ltd, established in 1926 in Tokyo, Japan, manufactures synthetic resins and other chem...

Finolex Industries Limited

Finolex Industries Limited, founded in 1981 in Maharashtra, India, produces PVC-U pipes, fittings, and PVC-ins...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other major players in the PVC pipe market include Westlake Corporation, IPEX Inc., Cresline Plastic Pipe Co., Inc., Dura-Line LLC, Tigre S/A, Diamond Plastics Corporation, and National Pipe and Plastics, Inc., among others.

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PVC Pipes Market Analysis by Region

The Asia Pacific occupies a sizable share of the global market and is expected to grow further in the forecast period owing to growing urbanisation and increasing construction activities in the region. Various governments in the region are taking initiatives to increase maintenance and repair activities, replacing older pipes with PVC for greater effectiveness and durability. The large population in countries such as China and India are surging the demand for PVC pipes for water supply, sewerage, and irrigation applications.

The North America PVC pipes market is expected to gain a sizeable share of the market in the foreseeable future as there is an increasing emphasis on using materials that have a lower environmental impact. PVC pipes are favoured in many cases because they are durable, reduce the need for frequent replacements, and are recyclable, contributing to circular economy practices. Additionally, regulatory standards in North America that demand safe drinking water push for the use of materials that do not leach harmful chemicals, a criterion that PVC meets.

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PVC Pipes Market Report Snapshots

PVC Pipes Market Size

PVC Pipes Market Growth

PVC Pipes Market Trends

PVC Pipes Market Share

PVC Pipes Manufacturers

PVC Pipes Market Regional Analysis