PVC Pipes Market Global Information-by Type (Post Chlorinated, Plasticized, and Unplasticized) Application (Sewerage, Plumbing, Water Supply, Oil & Gas, Irrigation, and Others) End User (Agriculture, Housing, Building & Construction, Telecom Industry, and Others) and Region Forecast till 2027
Keywords :
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PVC Pipes Market Overview:
The global market for PVC pipes is making significant progress with the rising demand for it in several associated industries. The PVC pipes market is showing scopes to attain a CAGR of 7.13% during the forecast period covering 2016 to 2023. Market Research Future (MRFR) revealed several factors that can boost the market growth. For instance, the market has a better chance with sectors like telecom, construction, water supply, sewerage, agriculture, and others. Rapid urbanization will boost its prospect in the coming days. However, its environmental concerns may restrict growth potentials.
PVC Pipes Market Segmentation:
MRFR made a segmentation of the global PVC pipes market on the basis of types, applications, and end users. This segmentation provides an opportunity to dig deeper to understand various nuances of the market. It also reveals various factor-based details and supported the reading with figures that can help in making a proper assessment of how the market is set to move forward.
By type, the global market report on the PVC pipes has been segmented into plasticized, post chlorinated, and unplasticized.
By application, the global market report on the PVC pipes includes plumbing, sewerage, oil & gas, irrigation, water supply, and others. The inclusion of PVC pipes in the oil & gas sector to transport oil is providing an ample market scope for expansion. With growing urbanization, the demand for plumbing and maintain proper sewerage is also rising, owing to which the intake of PVC pipes will grow.
By end users, the global market report studying various methods of PVC pipes includes housing, telecom industry, building & construction, agriculture, and others. In various developing countries with agrarian economies, the PVC pipes market will get thrust as a means to supply water to the field.
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PVC Pipes Market Regional Landscape:
In the Asia Pacific region, both the production and consumption of PVC pipes are substantial. This is primarily due to the presence of several agrarian economies that can boost the market prospect. In addition, countries like India, China, and others are witnessing rapid urbanization, due to which a rise in building and construction, telecom industry, and housing is visible.
In the Middle East & Africa, poor economies are prohibiting the expansion of the market, but countries like Qatar, Kuwait, and others are creating scope for the market’s growth.
Competitive Analysis:
The global market for PVC pipes is all set to roll profits from the strategic decisions made by companies like Astral Polytechnik Limited(India), Polypipe Plc (UK), Advanced Drainage Systems, Inc. (US), China Lesso Group Holdings Ltd. (China), National Pipe and Plastics, Inc. (US), Egeplast A. S (Turkey), Amanco (Brazil), and others. These players are banking on their expert panels and their strategic moves that span across methods like mergers, acquisitions, collaborations, hike in production methods, launching of new innovations, better investment in the research and development facilities, improved marketing strategies, branding, and others. MRFR’s take on the recent proceedings will open up opportunities that can be utilized to have a better growth prospect in the coming years.
Industry News:
In March 2020, doctors at the UF Health started using a box to maintain a safe distance from their patients during the treatment for COVID-19. The intubation process included plastic vinyl material, PVC pipes, and hot glue. Coronavirus is contagious. Hence, limiting the probability of exposure is expected to boost the chance of faster recovery. This will also reduce the speed of spreading, owing to which the market can gain better prospects.
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