Global PVC pipes market size is projected to grow at a CAGR of around 6% to reach USD90 billion during the forecast period. Growing demand for PVC pipes from end-user industries such as oil & gas, building & construction industries, etc., is one of the key factors for the growth of global PVC pipes market across the globe. Additionally, increasing emphasis on water management in rural areas along with rapid urbanization are some other factors driving the growth of PVC pipes market across different economies.
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Owing to the superior properties of PVC pipes such as strength, reduced price, among others, these pipes are being increasingly being preferred in different commercial applications, which is forecasted to bode well for the market growth over the coming years.
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Global PVC pipes market can be segmented based on type, product form, material, size, application, end-use and region. Considering the applications, the market is fragmented into irrigation, water supply, sewerage, industrial, HVAC and others. The water supply application dominated the global PVC pipes market with around USD24 billion revenue in 2019 owing to their durability, low cost and easy to install properties. The water supply application segment is estimated to record highest growth during the next 5 years, which can be attributed to rapid urbanization and rising investments on water distribution projects.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyse and forecast the market size of global PVC pipes market.
- To classify and forecast global PVC pipes market based on type, product form, material, size, application, end-use, company and regional distribution.
- To identify drivers and challenges for global PVC pipes market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global PVC pipes market.
- To conduct pricing analysis for global PVC pipes market.
- To identify and analyse the profile of leading players operating in global PVC pipes market.
PVC Pipes Market Forecast, 2025
Key Market Players:
PVC pipes market include Advanced Drainage Systems, Inc., China Lesso Group Holdings Ltd., Egeplast a.s., Finolex Industries Ltd, JM Eagle Company, Inc., North American Pipe Corporation, Pipelife International GmbH, Plastika AS, Polypipe Plc, Sekisui Chemical Company Ltd. and others.