Segment Analysis
The Global PVC Pipes Market is majorly segmented on the basis of Types, Application, End User and Region.
Based on Types market is segmented into post chlorinated, plasticized, and unplasticized.
Based on Application Market is segmented into sewerage, plumbing, water supply, oil & gas, irrigation, and others.
Based on End Users Market is segmented into agriculture, housing, building & construction, telecom industry, and others.
Based on Region market is segmented into North America, Europe, APAC, Latin America, Middle East & Africa.
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Housing, building & construction industries including applications like into sewerage, plumbing, water supply, continued to be the increase in the demand of Global PVC Pipes in the China and India and other developing countries. Most PVC Pipes consumed by the building & construction industry is for the construction of sewerage, plumbing, water supply. Global market PVC PIPES is driven by demand from APAC, Europe, South America and Middle East.
Regional Analysis
Geographically, Asia-Pacific region leads the Global PVC Pipes Market. China being largest producer and consumer of PVC pipes dominates the Global PVC Pipes Market. Rapid industrialization and huge demand from building & construction industries is likely to drive the Global PVC Pipes Market growth. Huge demand in various application such as sewerage, plumbing, water supply, oil & gas, irrigation, and others likely to drive the PVC Pipes Market growth. Growing demand for agriculture, housing, building & construction, telecom industry, and Others in China, India, and Indonesia has boosted the global PVC pipes market demand followed by North America and Europe.
Synopsis of PVC Pipes Market
The Global PVC Pipes Market is expected to witness a significant growth with CAGR of ~7.13% between 2016 and 2023.
PVC Pipes are the leader among Plastic Pipes with across many industries utilizing PVC pipes to multiple degree. PVC pipes over the years have become very demand because of their light weight, easy installation and low maintenance. In the Global Plastic Pipes Market PVC pipes started penetrating the pipe market during from the past years.
The main driver for the PVC Pipes comes from the construction industries that including the many applications such as water supply, sewage & drainage, housing & commercial, and irrigation. PVC Pipes also formed in three types i.e. Post Chlorinated, Plasticized, and Unplasticized PVC Pipes. CPVC Pipes are expected to register fastest growth in terms of the production capacity in the next years. Rising acceptance of CPVC pipes over galvanized or PVC pipes will lead to the growth in the future. Improved penetration of the companies with expanding distribution network and significant role played by the government in the development of irrigation infrastructure and real estate sector in the country will bolster the growth in the industry.
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