Industry: Retail and Consumer | Publish Date: 28-Nov-2024 | No of Pages: 364 | No. of Tables: 207 | No. of Figures: 162 | Format: PDF | Report Code : RC368
At an estimated value of over USD 58.88 billion in 2019, the global PVC Pipe Market is predicted to thrive at a CAGR of 5.9% and valued at USD 101.62 billion over the forecast year 2020-2030.
Polyvinyl chloride is one of the largest-selling plastic commodities after polypropylene and polyethylene. They are popularly known for their high tensile strength, endurance to extreme temperature conditions, ductility, and corrosion resistance. These pipes have observed extensive demand over the last few years owing to their easy installation, lightweight, and low maintenance. PVC pipes are commonly used for various applications in drain-waste-vent (DWV), sewers, conduits, water service lines, water mains, irrigation, and various industrial installations.
Increasing adoption of PVC pipes in construction industries for applications such as water supply, housing & commercial, sewage & drainage, and irrigation is one of the major driving factors of the market. In addition to this, upsurge in demand for PVC pipes in several applications, and the excellent physical properties of such pipes boost demand for PVC pipes. However, factors such as the toxicity of PVC pipes expected to hamper the PVC market growth to some extent. On the other hand, the rising implementation of CPVC pipes is expected to provide opportunities to the market players during the forecast period.
The global PVC pipe market share is segmented on the basis of type, material, application, and geography. On the basis of type the market is segmented into plasticized, unplasticized, and chlorinated. According to the material, market is divided into PVC resin, plasticizers, stabilizers, lubricant, pigment base, and others. On the basis of application, the market is segmented into irrigation, water supply, plumbing, sewer & drain, oil & gas, HVAC, and others. Geographic fragmentation and analysis of each segment include regions comprising North America, Europe, Asia Pacific and RoW.
In terms of geography, Asia-Pacific held major share of the PVC pipes market in 2019. This is due to the dominance of China being the largest producer as well as consumer of PVC pipes. In addition, expansion of industries such as construction, agriculture, and pharmaceutical in this region is contributing to the market growth. Moreover, India is significantly pushing the demand for PVC pipes to the north due to considerable investments in its agricultural and chemical industry. However, North America is expected to grow rapidly with increasing market size due to demand for PVC pipes in the construction and agriculture sectors across the U.S. and Canada.
Maximum growth opportunities make the PVC pipe industry highly competitive. Some of the major players in the market are Advanced Drainage Systems, Inc., Egeplast a.s., China Lesso Group Holdings Ltd., Finolex Industries Ltd, IPEX Inc., North American Pipe Corporation, JM Eagle Company, Inc., Pipelife International GmbH, Royal Building Products, Sekisui Chemical Company Ltd, Plastika AS, Polypipe Plc, Tessenderlo Group, Tigre SA, and Formosa Plastics Group. and many more. Several developmental strategies have been adopted by companies in the past few years.
For instance, in October 2018, Royal Building Products partnered with Midwest Lumber, a division of US Lumber. Through this partnership, Midwest Lumber is projected to be a new full-line distributor of Royal PVC trim and moldings product lines.
The PVC pipe market report provides a quantitative analysis of the current market and estimations through 2020-2030 that assist in identifying the prevailing market opportunities to capitalize on.
The study comprises an extensive analysis of the PVC pipe market trend including the current and future trends for depicting the prevalent investment pockets in the market
The information related to key drivers, restraints and opportunities and their impact on the PVC pipe market is provided in the report.
The market share of the players in the global market along with their competitive analysis.
Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
Plasticized
Unplasticized,
Chlorinated
PVC Resin
Plasticizers
Stabilizers
Lubricant
Pigment Base
Others
Irrigation
Water Supply
Plumbing
Sewer & Drain
Oil & Gas
Heating, Ventilation and Air Conditioning (HVAC)
Others
North America
U.S.
Canada
Mexico
Europe
UK
Italy
Germany
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Taiwan
Vietnam
Rest of Asia Pacific
RoW
Latin America
Middle East
Africa
Advanced Drainage Systems, Inc.
Egeplast A.S
China Lesso Group Holdings Ltd.
Finolex Industries Ltd
IPEX Inc
North American Pipe Corporation
JM Eagle Company, Inc.
Pipelife International GmbH
Royal Building Products
Sekisui Chemical Company Ltd
Plastika AS
Polypipe Plc
Tessenderlo Group
Tigre SA
Formosa Plastics Group
REPORT SCOPE AND SEGMENTATION
Parameters |
Details |
Analysis Period |
2019–2030 |
Base Year Considered |
2020 |
Forecast Period |
2020–2030 |
Market Size Estimation |
Billion (USD) |
Market Segmentation |
By Type (Plasticized, Unplasticized,, Chlorinated) By Material (VC Resin, Plasticizers, Stabilizers, Lubricant, Pigment Base, Others) By Application (Irrigation, Water Supply, Plumbing, Sewer & Drain, Oil & Gas, Heating, Ventilation and Air Conditioning (HVAC), Others) |
Geographical Segmentation |
North America (U.S., Canada, Mexico) Europe (UK, Italy, Germany, Spain, Netherlands, Rest of Europe) Asia-Pacific (China, Japan, India, Australia, South Korea, Taiwan, Vietnam, Rest of Asia Pacific) RoW (Latin America, Middle East, Africa) |
Companies Profiled |
Advanced Drainage Systems, Inc., Egeplast a.s., China Lesso Group Holdings Ltd., Finolex Industries Ltd, IPEX Inc., North American Pipe Corporation, JM Eagle Company, Inc., Pipelife International GmbH, Royal Building Products, Sekisui Chemical Company Ltd, Plastika AS, Polypipe Plc, Tessenderlo Group, Tigre SA, and Formosa Plastics Group. |