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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
PVC Pipes Market Growth
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.
PVC Pipes Market Report Snapshots
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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Key Questions Answered in the Report
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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