Latin America PVC Pipes Market Share, Price, Trends, Growth: By Application: Irrigation, Water Supply, Sewerage, Plumbing, HVAC, Oil and Gas, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; Industry Events and Developments; 2024-2032

Latin America PVC Pipes Market Outlook

The Latin America PVC pipes market size has reached a value of about USD 2,544.90 billion in 2021. The market is expected to expand further at a CAGR of roughly 4.8% between 2024-2032. The market value will be around USD 3,371.60 billion by 2027.

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News and Developments in the Market

In February 2023, Advent and Group Tigre agreed on a strategic investment. Advent International, one of the largest global equity investors, has agreed on a R$ 1.35 billion investment in Group Tigre, a recognised and leading piping system and fitting company in Brazil. With this investment, Advent will hold a 25% stake in Tigre while providing financial and strategic support to the Brazilian company for its expansion plans in the domestic and international markets.

In January 2021, Shinetsu Chemical Co, Ltd. announced a capital investment of USD 1.25 billion, aiming to bolster their PVC business. This investment is to bolster their subsidiary in the United States, Shintech Inc. The investment will increase the production capacity of VCM by 580,000 tonnes per year, PVC by 380,000 tonnes per year, and caustic soda by 390,000 tonnes per year.

The output capacity by Shintech will reach about 3.62 million tons of PVC each year.

Latin America PVC Pipes Market Trends

PVC (Polyvinyl Chloride) Pipes are made with a combination of plastic and vinyl through the process of melting and heating. PVC is the staple material used for electrical insulation, signage, flooring, and medical tubing, among others. These are excellent for water systems, plumbing, and irrigation. This can be attributed to its corrosion-free property and lightweight.

• The demand for PVC pipes in construction and irrigation industries is increasing due to the developing economy and rising urbanisation.

• The developing automotive industry is propelling the pvc pipe market size. With the automotive industry shifting toward electric vehicles, the market is expected to expand even further.

• The healthcare industry is developing rapidly, and as the infrastructure improves, the demand for pvc pipes will keep growing.

Market Analysis

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Based on application, the market can be segmented into irrigation, sewerage, HVAC, water supply, plumbing, oil and gas, among others. The regional markets can be divided into Brazil, Argentina, and Mexico, among others.

The extensive EMR report provides an in-depth evaluation of the market based on Porter's five forces model and a SWOT analysis.

The Latin America PVC pipes market report comprehensively analyses key players in the market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Dura-Line LLC

• Amanco Wavin Centroamérica

• Tigre S/A

• Argentina Plas Limited

• Plastics Technology de México

• Others

PVC Pipes Find Applications in Irrigation, Sewerage, HVAC, Water Supply, Plumbing, Oil and Gas, among Others

PVC Pipes find applications in plumbing, water supply, irrigation, sewage, oil and gas, and HVAC, among others. These pipes are increasingly replacing others in the market, owing to their durability and accessibility and cost-effectiveness.

PVC pipes have been used for irrigation and water supply for decades, and the current high-performance and lightweight pipes have surged the demand. The Latin America region is the biggest supplier of natural produces. Thus, the proliferating agriculture sector in Latin America provides great scopes for development in the market.

Sewerage and plumbing are the most common applications for PVC pipes, and they have been continuously growing in demand, replacing metal pipes. This can be attributed to their corrosion resistance and easy installation process. PVC pipes have become the primary type used for plumbing as they are long-lasting and cost-effective.

In HVAC, PVC pipes are used due to their lightweight and insulation properties. They can carry cold and hot water for a long time without corroding.

Oil and gas industries utilise pvc pipes due to the pipes being break-free and corrosion free. The pipes expand when pressure from the flow increases. They require less maintenance than other pipes, making them a long-term cost advantage. These properties extend the life of the whole pipeline structure, thus further enhancing the demand and propelling the market development.

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Competitive Landscape

Dura-Line LLC is an international company manufacturing and distributing communication and energy infrastructure products, cable-in-conduit, and pipe, among other products. It is one of the major companies holding a significant PVC pipes market share.

Amanco Wavin Centroamérica is a Latin company leading the market for PVC piping systems and accessories. They provide these pipeline systems mainly for water, and others include electricity and gas.

Tigre S/A is a Brazilian company operating in multiple nations providing a wide array of pipe and metal products for industrial, household, construction, and irrigation purposes, among others. There most popular products include paint brushes, weldable pipes, and spouts.

Argentina Plas Limited is a piping system company based in Argentina. They are engaged in the manufacturing of pipes and fittings for industrial applications and agriculture water systems.

Plastics Technology de México is a Mexican company specialising in PVC and HDPE pipes and walls. They provide these products for construction and infrastructure, plumbing, industrial, and electricity purposes.

Key Highlights of the Report

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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.