Research Beam added report on “World PVC Pipes Market Technology, Trends, Analysis, Growth and Research – PVC Pipes Market by Type (Chlorinated, Unplasticized, and Plasticized PVC pipe), by Material (PVC Resin, Stabilizers, Plasticizers, Lubricants, Pigment Base, and Others), and by Application (Irrigation, Water Supply, Sewer & Drain, Plumbing, Oil & Gas, HVAC, and Others) – Global Opportunity Analysis and Industry Forecast, 2014-2022”
Polyvinyl chloride (PVC) pipes are plastic products that successfully replace metal pipes in several applications. These pipes are widely used globally due to their advantages such as lightweight, non-corrosiveness, high tensile strength under high pressure, easy installation, low frictional loss, less maintenance cost, resistance to most of the chemicals, and excellent electrical & heat insulation. They are applicable in city/town/rural water supply schemes, spray irrigation, deep tube-well schemes, land drainage schemes, and others.
The global PVC pipe market is in its growth stage. Asia-Pacific and LAMEA are the largest flourishing markets for PVC pipes owing to the growth in construction and infrastructure industry. Other major factors that drive the demand for PVC pipes include growth in disposable income in developing countries, requirement for oil & gas transportation, rise in demand from industrial sectors, and increase in penetration in irrigation projects. However, the comparatively higher cost than other plastic pipes and harmful environmental impacts are may impede the market growth.
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The report segments the PVC pipes market on the basis of type, material, application, and geography. On the basis of type, it is divided into chlorinated PVC pipe, unplasticized PVC pipe (uPVC), and plasticized PVC pipe. Further, by material, it is categorized into PVC resin, stabilizers, plasticizers, lubricant, pigment base, and others. Based on application, it is divided into irrigation; water supply; sewerage, plumbing; oil & gas; heating, ventilation, and air conditioning (HVAC); and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Recent advancements in the market include establishment of a PVC pipe manufacturing unit at Hyderabad by Skipper Company to produce 6,000 tons per annum of both plumbing and agricultural pipes in July 2016. At the same time, Finolex Industries, Mumbai planned to invest $15,000,000 in adding 100,000 tons capacity for pipe manufacturing in next three years.
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