At an estimated value of over USD 58.88 billion in 2019, the Global PVC Pipe Market is predicted to thrive at a CAGR of 5.9% and valued at USD 101.62 billion over the forecast year 2020-2030.
Polyvinyl chloride is one of the largest selling plastic commodities after the polypropylene and polyethylene. They are popularly known for their high tensile strength, endurance to extreme temperature conditions, ductility, and resistance over corrosion. These pipes have observed extensive demand over the last few years owing to their easy installation, light weight, and low maintenance. PVC pipes are commonly used for various applications in drain-waste-vent (DWV), sewers, conduit, water service lines, water mains, irrigation, and various industrial installations.
Access Full Description of this report at:-
Top Companies: Advanced Drainage Systems, Inc., Egeplast a.s., China Lesso Group Holdings Ltd., Finolex Industries Ltd, IPEX Inc., North American Pipe Corporation, JM Eagle Company, Inc., Pipelife International GmbH, Royal Building Products, Sekisui Chemical Company Ltd, Plastika AS, Polypipe Plc, Tessenderlo Group, Tigre SA and others.
The global PVC pipe market share is segmented on the basis of type, material, application, and geography. On the basis of type the market is segmented into plasticized, unplasticized, and chlorinated. According to the material, market is divided into PVC resin, plasticizers, stabilizers, lubricant, pigment base, and others. On the basis of application, the market is segmented into irrigation, water supply, plumbing, sewer & drain, oil & gas, HVAC, and others. Geographic fragmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.
Request sample copy of this report at:-
In terms of geography, Asia-Pacific held major share of the PVC pipes market in 2019. This is due to the dominance of China being the largest producer as well as consumer of PVC pipes. In addition, expansion of industries such as construction, agriculture, and pharmaceutical in this region is contributing to the market growth. Moreover, India is significantly pushing the demand for PVC pipes to the north due to considerable investments in its agricultural and chemical industry. However, North America is expected to grow rapidly with increasing market size due to demand for PVC pipes in the construction and agriculture sectors across the U.S. and Canada.
About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.
We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
For more insights, please visit,https://www.nextmsc.com