PVC pipes are made by extruding a mixture of polyvinyl chloride (PVC) and a number of additives. In contrast to concrete pipes, the manufacture of PVC pipes uses about four times less energy and results in lower raw material losses. Furthermore, PVC pipes have a much smaller environmental impact than alternative plumbing materials due to their full recyclability. PVC pipes are used in water systems, overhead wiring, and sewage lines because of these characteristics.
MARKET SCOPE
The "Global PVC Pipe Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PVC pipe market with detailed market segmentation by type, and application. The report provides key statistics on the market status of the leading PVC pipe market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global PVC pipe market is segmented into chlorinated, plasticized, and unplasticized.
- On the basis of application, the market is segmented into irrigation, water supply, sewerage, plumbing, oil & gas, others.
MARKET DYNAMICS
Drivers
- The construction industry is the primary driver for PVC pipes, which are used in a variety of applications such as water supply, sanitation and drainage, housing and commercial construction, and irrigation.
- Increased government emphasis and understanding of clean water supply in rural areas, as well as increased investment in the country's developing regions, are expected to provide growth opportunities for the sector.
Restraints
- PVC pipe replacements such as HDPE and ABS are limiting the demand growth of PVC pipes.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The PVC pipe market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PVC pipe market in these regions.
IMPACT OF COVID-19 ON PVC PIPE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the PVC pipe market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from PVC pipe market are anticipated to lucrative growth opportunities in the future with the rising demand for PVC pipe in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the PVC pipe market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Advanced Drainage Systems, Inc.,
- China Lesso Group Holdings Ltd.,
- Egeplast a.s.,
- Finolex Industries Ltd,
- IPEX Inc.,
- JM Eagle Company, Inc.,
- North American Pipe Corporation,
- Pipelife International GmbH,
- Plastika AS,
- Polypipe Plc,
- Royal Building Products,
- Sekisui Chemical Company Ltd,
- Tessenderlo Group,
- Tigre SA,
- Formosa Plastics Group.
- Mexichem,
- Radius Systems Ltd.,
- National Pipes & Plastics,
- Georg Fischer Ltd.,
- REHAU,
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.