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Wednesday, July 10, 2024

Lucintel Forecasts PVC Pipe Market to Reach $79 Billion by 2030

According to the recent study the PVC pipe market is projected to reach an estimated $79 billion by 2030 from $53 billion in 2023 at a CAGR of 5.7% from 2023 to 2030. Growth in this market is primarily driven by residential and non-residential construction activities and replacement of aging pipelines.

Browse 139 figures/charts and 120 tables in this 251-page report to understand trends, opportunities and forecast in PVC pipe market by application (potable water, wastewater, agriculture, oil and gas, HVAC, and others), end use (residential, industrial and commercial), product form (rigid PVC pipe, and flexible PVC pipe), product type (unplasticized PVC, and plasticized PVC pipe (chlorinated PVC pipes, and others), diameter (small diameter and large diameter pipes), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that plasticized PVC pipes will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to its heat and chemical resistance properties.

Within the global PVC pipe market, wastewater will remain the largest application over the forecast period due to the increasing urbanization and development of infrastructure.

Download sample by clicking on PVC pipe market

APAC will remain the largest region and it is also expected to witness the highest growth over the forecast period due increasing urbanization, infrastructure development, and the continuous growth of the residential construction.

China Lesso, Sekisui Chemicals, Supreme Industries, Finolex Industries, Formosa Plastics, and Astral Poly Technik are the major suppliers in the PVC pipe market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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