According to the recent study the PVC pipe market is projected to reach an estimated $68 billion by 2028 at a CAGR of 5.1% from 2022 to 2028. 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).
“Plasticized PVC pipes market is expected to remain the largest
segment during the forecast period.”
Based on product type,
the PVC pipe market is segmented into plasticized PVC pipes, unplasticized PVC,
and plasticized PVC pipe (chlorinated PVC pipes, and others). Lucintel
forecasts that the plasticized PVC pipes market is expected to remain the
largest segment due to its heat and chemical resistance properties.
“Within the PVC pipe market, the wastewater segment is expected to
remain the largest application.”
Based on application the
wastewater segment is expected to witness the highest growth over the forecast
period due to the increasing urbanization and development of infrastructure.
“Asia pacific will dominate the PVC pipe market in near future.”
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.
Major players of PVC
pipe market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. China Lesso, Sekisui
Chemicals, Supreme Industries, Finolex Industries, Formosa Plastics, and Astral
Poly Technik are among the major PVC pipe providers.
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
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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. 972.636.5056
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