PVC Pipes Market (By Type: Post-chlorinated, Plasticized, Unplasticized; By Application: Sewerage, Plumbing, Water supply, Oil and Gas, Irrigation, Others; By End User: Agriculture, Building and construction, Telecommunication, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 – 2030
The global polyvinyl chloride (PVC) pipes market size was valued at USD 6.77 billion in 2021 and it is expected to hit USD 9.95 billion by 2030 with a registered CAGR of 4.4% from 2022 to 2030.
The polyvinyl chloride (PVC) is considered as top selling material all around the world. The polyvinyl chloride (PVC) is cost-effective and durable in nature. Similarly, polyvinyl chloride (PVC) pipes are of low cost and corrosion resistant. The polyvinyl chloride (PVC) pipes are used for various purposes such as water supply, irrigation, and drainage system.
One of the key factors driving the growth of the global polyvinyl chloride (PVC) pipes market is growing investments in research and development activities. These investments are made by either government agencies or market players. In addition, the growth of the global polyvinyl chloride (PVC) pipes market is being driven by the surge in demand for polyvinyl chloride (PVC) pipes in various industries and sectors. The polyvinyl chloride (PVC) pipes provide various benefits that are the reason; the demand for them is growing at a faster rate.
Another factor driving the growth of the global polyvinyl chloride (PVC) pipes market is the technological advancements and adoption of innovative technologies. The molecular orientation technology is used for the manufacturing of polyvinyl chloride (PVC) pipes in the global market. These kinds of pipes are eco-friendly in nature. In addition, it is cost effective and efficient in nature.On the other hand, the alternatives for polyvinyl chloride (PVC) pipes are hindering the growth of the polyvinyl chloride (PVC) pipes market.
The impact of the COVID-19 pandemic on the growth of the global polyvinyl chloride (PVC) pipes market was quite negative. The supply chain disruption and halt of manufacturing units had negative impact on the expansion of the global polyvinyl chloride (PVC) pipes market.
The industries such as agriculture and building and construction are developing at a rapid pace all around the world. The polyvinyl chloride (PVC) pipes are widely used in these industries. In agriculture, the polyvinyl chloride (PVC) pipes are used for irrigation purpose. In addition, the polyvinyl chloride (PVC) pipes are used for roofing and flooring purpose in building and construction purpose.
To keep up with the fierce market competition, the major players in the worldwide polyvinyl chloride (PVC) pipes market used research and development, business expansion, product introduction, joint venture, and acquisition. The polyvinyl chloride (PVC) pipes manufacturers, who sell their products to a variety of industries around the world, are among the polyvinyl chloride (PVC) pipes market’s participants. Moreover, the market players are collaborating with government, which is creating lucrative opportunities for the growth of the global polyvinyl chloride (PVC) pipes market.
Report Scope of the PVC Pipes Market
Market Size by 2030
USD 9.95 Billion
Growth Rate from 2022 to 2030
CAGR of 4.4%
Fastest Growing Makret
2022 to 2030
Type, Application, End User, Geography
China Lesso Group Holdings Ltd., IPEX Inc., Astral Polytechnik Limited, Finolex Industries Ltd., Polypipe PLC, NAPCO, Advanced Drainage Systems Inc., National Pipe and Plastics Inc., JM Eagle Inc., Amancio
Asia-Pacific dominated the polyvinyl chloride (PVC) pipes market in 2021. China dominated the polyvinyl chloride (PVC) pipes market in Asia-Pacific region. The factors such as rising industrialization and urbanization, growing investments for the infrastructural development, and growing government initiatives for the development of infrastructure in agriculture sector are driving the growth of the polyvinyl chloride (PVC) pipes market in the region over the forecast period.
Europe, on the other hand, is expected to develop at the fastest rate during the forecast period. The UK dominates the polyvinyl chloride (PVC) pipes market in Europe region. The polyvinyl chloride (PVC) pipes market in Europe is being driven by growing applications of polyvinyl chloride (PVC) pipes in diverse sectors. In addition, existence of major market players in this region is also boosting the growth of polyvinyl chloride (PVC) pipes market.
Some of the prominent players in the PVC Pipes Market include:
- China Lesso Group Holdings Ltd.
- IPEX Inc.
- Astral Polytechnik Limited
- Finolex Industries Ltd.
- Polypipe PLC
- Advanced Drainage Systems Inc.
- National Pipe and Plastics Inc.
- JM Eagle Inc.
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
- Water supply
- Oil and gas
By End User
- Building and construction
- United Kingdom
- Rest of Europe
- Southeast Asia
- Rest of Asia Pacific
- Rest of Latin America
Middle East & Africa (MEA)
- North Africa
- South Africa
- Rest of Middle East & Africa
Key Points Covered in PVC Pipes Market Study:
- Growth of PVC Pipes in 2022
- Market Estimates and Forecasts (2017-2030)
- Brand Share and Market Share Analysis
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Recommendation on Key Winning Strategies
- COVID-19 Impact on Demand for PVC Pipes and How to Navigate
- Key Product Innovations and Regulatory Climate
- PVC Pipes Consumption Analysis
- PVC Pipes Production Analysis
- PVC Pipes and Management