The global PVC pipe market is projected to reach $51.8 billion by 2028, at a CAGR of 5.3% during 2023-2028. The growth of PVC pipe market is driven by residential and non-residential construction activities and replacement of aging pipelines.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the 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)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the PVC pipe market?
Q.4 What are some changing demands of customers in the PVC pipe market?
Q.5 What are the new developments in the PVC pipe market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this PVC pipe area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this PVC pipe market?
Emerging trends, which have a direct impact on the dynamics of the industry, include increasing use of multilayer technology in PVC pipes and introduction of new technology applying molecular orientation in the PVC-O pipes.
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). The plasticized PVC pipes segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its heat and chemical resistance properties.
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.
Key Players in the PVC pipe market are China Lesso, Sekisui Chemicals, Supreme Industries, Finolex Industries, Formosa Plastics, and Astral Poly Technik.
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