Press Release

North America PVC Pipes Market to Grow at a CAGR of 4% During 2024-2032, Aided by the Increasing Applications in Water Systems

North America PVC Pipes Market

According to a new report by EMR titled, ‘North America PVC Pipes Market Report and Forecast 2024-2032’, the market attained a volume of about 4.13 million tons in 2023. The market is further estimated to grow at a CAGR of 4% in the forecast period of 2024-2032 to reach a volume of 5.88 million tons by 2032.

A PVC (polyvinyl chloride) pipe is a durable, rust-resistant pipe made from a blend of plastic and vinyl. Known for their strength and longevity, PVC pipes are commonly used in water distribution systems, sewage lines, and underground wiring. Manufactured through the extrusion of polymer resin (PVC) and additives, these pipes are lightweight, non-corrosive, and capable of withstanding bending and unusual movements without damage, which aids the North America PVC pipes market demand.

 

The resilience of PVC pipes makes them well-suited for diverse applications across sectors like water management and oil and gas. The North American PVC pipes market is witnessing growth driven by the pipes' ability to withstand harsh climates and tough environmental conditions. The increasing adoption of PVC pipes in water supply and sewage systems, particularly in response to the rising demand for clean drinking water in residential and commercial structures, contributes to market expansion. Additionally, the presence of leading PVC pipe suppliers, ongoing research and development initiatives, and the growing use of PVC pipes in agriculture for efficient irrigation processes are expected to further boost the North American PVC pipes market value in the forecast period.

 

In May 2022, Westlake Pipe & Fittings, officially unveiled its new name, aligning with the brand equity of Fortune 500 Company, Westlake Corporation (NYSE: WLK). The company, known for its innovations in PVC water systems, introduced a portfolio addition, molecular-oriented PVC (PVCO), and expanded its offerings through the acquisition of LASCO Fittings, Inc. The rebrand signals a strategic move to enhance the overall customer experience, reinforcing the company's commitment to delivering high-quality products and top-notch engineering support.

 

In October 2023, IPEX announced the grand opening of its cutting-edge manufacturing facility in Pineville, N.C. The 200,000 sq. ft. injection moulding plant stands as a technological flagship in the market, equipped with state-of-the-art features such as fully electric injection moulding machines, proprietary automation, cloud connectivity, and top-tier health and safety practices. This facility significantly enhances IPEX's U.S. production capacity for manufacturing fittings across various applications.

 

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Market Breakup by Application, and Country:

  • The market is segmented based on application into irrigation, water supply, sewerage, plumbing, HVAC, oil and gas, and others.
  • Country-wise, the North America market for PVC pipes can be divided into the United States and Canada.

 

Key Findings of the Report:

  • The ability of PVC pipes to endure bending and substantial movement makes these pipes ideal for use in various applications, including water distribution systems and sewage lines.
  • The smooth surface of PVC pipes also resists bacterial contamination, leading to their adoption over traditional metal pipes in the regional plumbing sector.
  • The North American PVC pipes market is anticipated to benefit from the presence of key suppliers and ongoing research and development initiatives aimed at introducing diverse PVC pipe variants. Additionally, the market is expected for further growth with the rising utilization of PVC pipes in the agriculture sector for efficient irrigation processes.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the North America PVC pipes market for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the application, and major countries of PVC pipes.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the PVC pipes market in North America are JM Eagle Inc, Westlake Pipe & Fittings., Charlotte Pipe and Foundry Company, IPEX Inc., Cresline Plastic Pipe Co., Inc., Dura-Line LLC, Diamond Plastics Corp., and Cantex Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • Irrigation
  • Water Supply
  • Sewerage
  • Plumbing
  • HVAC
  • Oil and Gas
  • Others
Breakup by Region
  • United States
  • Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • JM Eagle Inc
  • Westlake Pipe & Fittings.
  • Charlotte Pipe and Foundry Company.
  • IPEX Inc
  • Cresline Plastic Pipe Co., Inc.
  • Dura-Line LLC
  • Diamond Plastics Corp.
  • Cantex Inc.
  • Others

 

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EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

 

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