Posted on 18 Dec 2018
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.
Key findings from the report:
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
Market breakup by Region
Expert Market Research (EMR) is a market research and consultancy firm providing syndicated and custom research along with consultancy services to a wide clientele base which includes Fortune 1000 companies as well as small and medium enterprises. With our tailored approach, the clients gain valuable and unbiased insights that help to improve their competitive edge and realize sustainable growth.
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