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Global PVC Pipes Market to Reach 31 Million Tons by 2024

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"PVC (polyvinyl chloride) pipes currently account for more than a half of the total plastic pipes produced globally. These pipes are made by the extrusion of a blend of polymer resin (PVC) and various additives. PVC pipes are strong, light-weight, inexpensive, fire-resistant, durable and can be easily installed in comparison to the conventional pipes such as G.I., cast iron and cement pipes."

They are non-toxic and safe materials that have been in use for decades. Owing to their impact-resistant characteristic and ability to withstand extreme movement, PVC pipes are increasingly being used in earthquake-prone regions. Moreover, as they are resistant to most of the corrosive agents and bacterial contamination, many water companies depend on them to keep their water systems free from any contamination.

In 2009, the global PVC pipes market experienced a negligible growth, as a result of the global recession which led to a slowdown of various end-use industries of PVC pipes, particularly, the construction sector. However, the market again recuperated shortly from 2010 onwards. This can be accredited to a number of factors which include growing demand for irrigation systems, drinking water supply systems, sewage and drainage systems and water sprinkling systems. Other factors that have also paved a way for its demand are rising urbanisation rates, increasing construction activities along with infrastructure developments. According to a new report by Expert Market Research, the market reached a volume of 24 Million Tons in 2018 and is further expected to reach 31 Million Tons by 2024.

                                             global pvc pipes market

Key findings from the report:

  • The major end-use segments of PVC pipes are water management, irrigation, construction and others.
  • Region-wise, Asia-pacific dominated the market with the majority of its market share in 2018. Other major markets include North America, Europe and others.
  • Some of the key players operating in the global PVC pipes market are Fujian Aton Advanced Material Technology Co., Ltd., Hebei Bosoar Pipe Co., Ltd., Yonggao Co., Ltd., Nan Ya Plastics (Xiamen) Co., Ltd., Hubei Kaile Science & Technology Co., Ltd. and others.

Click here for view the summary of report: https://www.expertmarketresearch.com/reports/pvc-pipes-market

Expert Market Research has analysed the global PVC pipes market according to end-use, major regions and top players:

Market breakup by End-Use

  • Water Management
  • Irrigation
  • Construction
  • Others

Market breakup by Region

  • Asia Pacific
  • North America
  • Europe
  • Others

Top players

  • Fujian Aton Advanced Material Technology Co., Ltd.
  • Hebei Bosoar Pipe Co., Ltd.
  • Yonggao Co., Ltd.
  • Nan Ya Plastics (Xiamen) Co., Ltd.
  • Hubei Kaile Science & Technology Co., Ltd.
  • Others

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"Global PVC Pipes Market: By Region: Asia Pacific, North America, Europe, Others; By End Use: Water Supply, Irrigation, Sewerage, Plumbing, HVAC, Oil and Gas; Historical Production and Consumption (2014-2018); Production and Consumption Forecast (2019-2024); SWOT Analysis; Porters Five Forces Analysis; Competitive Landscape; Setting Up a PVC Pipes Manufacturing Plant; Capital Investments; Operating Expenditures; Project Economics"

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