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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.
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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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124