PVC Pipe Market Overview:
The Global PVC Pipe Market was valued $21 Billion in 2018 and Projected to Reach $35 Billion by 2026, growing at a CAGR of 6.6% from 2019 to 2026. Asia-Pacific accounts for the major share in the PVC pipe market. The major investments by the government of various countries in the water sanitation projects boost the market. In addition, the demand from the commercial & industrial sector also propels the further growth of this market.
The key market drivers of the global PVC pipe are the application of PVC in various industries like irrigation sector and construction industry. Due to its cost effectiveness, lower cost & durability the market of PVC pipe is anticipated to grow in the coming years. Its various properties like easy operation, long service life, corrosion resistant and environment friendly also boost the market. However, the alternatives which are available in the market may hamper the market. Moreover, the growth of the rural areas in developing countries fuels the PVC pipe market.
The global PVC pipe market is divided into type, application and geography. By type, the market is divided into chlorinated PVC pipe, plasticized PVC pipe and unplasticized PVC Pipe. By application, the market is divided into irrigation, water supply, oil and gas, sewage, HVAC and others. By geography, the market is distributed across the various geographical regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW).The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., Canada, and Mexico while Europe covers Germany, Italy, UK, & Rest of Europe. Japan, China, India, Australia, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, the Middle East, and Africa.
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. The market has been analyzed both from demand as well as supply side to come to an accurate scenario. Products across application and application across geographies have been mapped to provide you a precise competitive scenario to have a leading edge in the market.
Key companies operating in this market and their company profile along with the market share analysis and competitive scenario is also part of the report. Top players are Astral Pipes, National Pipe and Plastics, Inc., Advanced Drainage Systems, Inc, Finolex Industries Ltd., Egeplast A. S, China Lesso Group Holdings Ltd., Polypipe Plc, Amanco, Georg Fischer Ltd., Adequa Water Solutions, and others.
The Highlights of the Report
Scope of the Global PVC Pipe Market