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The market players are establishing new production facilities to gain a competitive edge in the PVC pipes market
JM Eagle, Inc., established in 1982 in California, United States, specializes in manufacturing high-density polyethylene pipes and polyvinyl chloride.
Formosa Plastics Corporation, founded in 1954 in Kaohsiung City, Taiwan, produces polyvinyl chloride resins and intermediate plastic products, including chlor-alkali, polyethylene, and suspension PVC.
Shin-Etsu Chemical Co., Ltd, established in 1926 in Tokyo, Japan, manufactures synthetic resins and other chemical products such as fertilizers.
Finolex Industries Limited, founded in 1981 in Maharashtra, India, produces PVC-U pipes, fittings, and PVC-insulated electrical cables.
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.
PVC Pipes Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market for PVC pipes reached a volume of approximately 28.93 million tons in 2023.
The market is expected to grow at a CAGR of 4.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around 42.26 million tons by 2032.
The major drivers in the market are growing urbanisation, increasing construction activities, and rising demand from oil and gas industry.
The key PVC pipes market trends include low cost and easy installation of PVC pipes, rising awareness regarding the high degree of inertness of PVC pipes, and expansion of production capacities.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The various types of PVC pipes in the market are chlorinated PVC, plasticized PVC, and unplasticized PVC.
The major players in the market are JM Eagle, Inc., Formosa Plastics Corporation, Shin-Etsu Chemical Co., Ltd, Westlake Corporation, IPEX Inc., Cresline Plastic Pipe Co., Inc, Dura-Line LLC, Tigre S/A, Finolex Industries Limited, Diamond Plastics Corporation, and National Pipe and Plastics, Inc, among others.
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