PVC Pipes Market Research Report—Global Forecast till 2030

PVC Pipes Market Research Report: Information by Type (Post-chlorinated, Plasticized, and Unplasticized), Application (Sewerage, Plumbing, Water Supply, Oil & Gas, Irrigation, and Others), End Use (Agriculture, Building & Construction, Telecommunication, Others), and Region (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa)—Forecast till 2030

ID: MRFR/CnM/1951-CR | July 2021 | Region: Global | 180 pages         

PVC Pipes Market

PVC Pipes Market is projected to be worth USD 87.15 Billion by 2030, registering a CAGR of 5.79% during the forecast period (2021 - 2030)

Segmentation

By Type Post-chlorinated Plasticized Unplasticized
By Application Sewerage Plumbing Water Supply Oil & Gas Irrigation Others
By End Use Agriculture Building & Construction Telecommunication Others

Key Players

  • China Lesso Group Holdings Ltd.
  • Astral Polytechnik Limited
  • Polypipe Plc
  • Advanced Drainage Systems Inc.
  • Amancio
  • National Pipe and Plastics Inc.
  • JM Eagle Inc (US)
  • NAPCO (US)
  • Finolex Industries Ltd (India)
  • IPEX Inc (Canada)

Drivers

  • Metal & concrete pipes in the construction industry
  • The easy-to-install property and durability attributes associated with the PVC pipes
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PVC Pipes Market Overview


PVC Pipes Market is projected to be worth USD 87.15 Billion by 2030, registering a CAGR of 5.79% during the forecast period (2021 - 2030), The market was valued at USD 61.5 billion in 2020.


The production of PVC pipes is done by extrusion method in various dimensions like a solid wall or cellular core construction and is replaced for the traditional metal pipes. The traditional metal pipes are heavy with maintenance costs and become rusty. The PVC pipes can avoid these problems as they are corrosion-resistant, flame resistant, easy installation, and are low cost among other piping materials. Moreover, these pipes are having various beneficial factors like better strength, better durability, recyclability, chemical resistance, and are environmentally friendly which makes them ideal for a wide variety of applications from the transportation of drinking water, drainage systems, and also for the latest fire-sprinkler systems. These factors make these pipes ideal for replacing wood, metal, concrete, and clay in several applications.


After polyethylene and polypropylene, PVC (Polyvinyl Chloride) is the third-largest selling commodity in plastics. These pipes are used in various applications like sewers, water mains, drain-waste-vent, water service lines, irrigation, conduit, and other industrial installations. Pipes play a prominent role in the construction industry for carrying sewage and wastewater from the building structure and also carries in the main water supply lines. Apart, they are also used in internal plumbing for circulating water throughout the structure of the building. As these pipes are completely corrosion resistant and have less risk of succumbing to thermal expansion or contraction, these are preferred in warm or cold water applications depending upon the PVC variant type.


COVID-19 Analysis:


The COVID-19 pandemic has spread from one country to another and rapidly all over the regions. To curb the spread of the virus, various regions decided to implement lockdowns, border restrictions, and transportation network breakdown which highly impacts the chemicals & materials distribution network. pricing, international trade, entire supply chains, and manufacturing operations across the globe. Due to the lockdowns and the reduced demand from the end-use industries, declined pricing, supply chain disruptions of raw materials, the manufacturers faced various issues and led to a halt in production.


Hence, the PVC pipes production is also delayed and results in declining market growth. However, the companies are taking necessary steps to safeguard their employees’ health and also supporting the government’s aim to maintain critical business activities. The International Monetary Fund states that the economic uncertainty due to the COVID-19 outbreak is very higher compared to the past outbreaks like avian flu, bird flu, swine flu, Ebola, and Severe acute respiratory syndrome (SARS) as the coronavirus infected people are rising day-by-day and uncertainty when the crisis is likely to come to an end.


Competitive Landscape


The prominent key players in the PVC pipes market outlook are the following:



  • China Lesso Group Holdings Ltd. (China)

  • Astral Polytechnik Limited (India)

  • Polypipe Plc (UK)

  • Advanced Drainage Systems, Inc. (US)

  • Amancio (Brazil)

  • National Pipe and Plastics, Inc. (US)

  • JM Eagle Inc (US)

  • NAPCO (US)

  • Finolex Industries Ltd (India)

  • IPEX Inc (Canada)


Global PVC Pipes Market Revenue, by Application, 2020 (USD Million)
Global PVC Pipes Market Revenue, by Appalication 2020
Sources: MRFR Analysis


Market Dynamics:


Drivers:


Increasing the demand for pipes in the irrigation and building & construction industry is the major factor that drives the PVC pipes market in the assessment period. In the construction industry, the rising adoption of PVC pipes as a perfect alternative to metal & concrete pipes is predicted to be a major driver for the PVC pipes market growth in the coming years. Its benefits like easy installation and durability properties are projected to aid the demand for PVC pipes.


Rising investments of the governments for the development of water & wastewater treatment facilities, infrastructure along with water supply networks in the rural areas are estimated to boost the growth of the market in the review period.


Restraint:


The availability of substitutes like steel, HDPE, cross-linked polyethylene  (PEX), and ABS is restraining the growth of the PVC pipes market. Moreover, the toxicity of PVC pipes is hindering the market growth.


Opportunities:


Increasing awareness regarding clean water supply in rural areas and rising investments in the developing regions are expected to create opportunities for the PVC pipes market growth. The introduction of technological innovation applying molecular orientation in PVC pipes leads to the improvement of PVC-O pipes.


Challenges:


Usage of PVC pipes for a longer period for the supply of drinking water leads to dangers as the taste of water changes into the taste of PVC pipes. Moreover, the disposal of PVC pipes releases greenhouse gases that harm the environment.


Study Objectives -



  • To provide the characteristics of the market of the PVC pipes structure along with various forecast segments and subsegments for the coming years.

  • To provide the specific factors that are affecting the growth of the PVC pipes market value.

  • To examine the PVC pipes market industry analysis based on porter’s five force analysis, factors-price analysis, supply chain analysis, etc.

  • To provide history and forecast revenue segments and sub-segments of the PVC pipes market revenue for the five main geographies.

  • To provide the major country-level analysis of the present market size and future prospective of the PVC pipes.

  • To provide country-level analysis of the PVC pipes market industry growth by region, form, end-use, and application.

  • To provide a strategic profile of the major key players in the market, analyze their core competencies, statistics, and draw a global market growth landscape.

  • To track and examine the new product developments, strategic alliances, mergers, acquisitions, and global market research.


Segment Overview:


The global PVC pipes market has been divided into segments based on type, application, end-use, and region.


Based on Type


The PVC pipes market types are classified into three types like post-chlorinated, plasticized, and unplasticized. Among them, in 2020, the post-chlorinated segment is dominating the largest market share of 50% for its wide-ranging adoption in construction, chemical processing, and water treatment industries.


Based on Application


By application, the PVC pipes are analyzed into various types such as plumbing, sewerage, water supply, oil & gas, irrigation, and others. Owing to the effective replacement of metal and concrete pipes with PVC pipes in the water supply applications, the water supply segment is holding the largest share of 22.63% in 2020. The growing population leads to the increasing demand for water supply. Moreover, PVC has more benefits like superior durability and easy installation compared to metal or concrete pipes.


Based on End-Use


The market of the PVC pipes based on the end-user segment is categorized into a few types such as agriculture, building & construction, telecommunications, and others. Out of these segments, the agriculture segment is accounting for the highest share of 44.69% in 2020 for the growing adoption of PVC pipes in agriculture irrigation systems.


Based on Region


Regionally, the global PVC pipes market is segmented into five major geographies like Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. Out of these regions, Asia-Pacific is dominating the largest market share due to rapid industrialization and commercialization.


Global PVC Pipes market Share, by Region, 2020 (%)
Global PVC Market Share, by Region, 2020
Sources: MRFR Analysis


Regional Analysis -


Geographically, the market of PVC pipes has been divided into five main regions such as Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. For its rapid increase in industrialization and commercialization, Asia-Pacific is holding the largest PVC pipes market share of 45.6% in 2020. Moreover, rising investments for the development of the irrigation and water supply infrastructure by the government are increasing the demand for PVC pipes in this region. As China is the largest producer as well as consumer OF PVC pipes, this region is dominating the market.


In 2020, Europe holds the second largest market share for the global market with a value of over USD 5000 million. For its widespread applications in the agriculture and construction industry, North America is anticipated to witness significant demand for pipes.


Recent Developments


December 2021- A subsidiary of Westlake Chemical Corporation, North American Pipe Corporation, announced the introduction of the latest molecular-oriented PVC (PVCO) pipe. The latest PVCO pipe has a lower carbon footprint than other water main materials. The funding in the advanced technology boosts NAPCO’s manufacturing power at the company’s and fittings facility based in Woodbridge, Ontario.
The vice president, NAPCO Pipe & Fittings, Andre Battistin, said that the company’s focus is on offering fitting systems and pipes, which resolve the customer’s most difficult infrastructure challenges, including enhancing water flow, ease of installation, and product longevity. He further added that with innovation and sustainability with sustainability and innovation tightly hooked in the company’s corporate culture, the company is actively getting the latest products to the global market with a lesser environmental footprint throughout the life cycle evaluation. The latest PVCO product family strengthens the company’s commitment by deploying the latest production technologies, which enhance environmental footprints while allowing high-performing PVC pipes and fittings for the customers.

In January 2018
, one of the popular enterprises, VinylPlus partnered with five other European plastic companies and introduced Circularity Platforms which is aiming to reach 50% plastics waste recycling by the end of the year 2040.


Report Overview:


Globally, the PVC pipes market research includes various segments like Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. Apart, the market scenario includes the PVC pipes market drivers, restraints, challenges, and opportunities. The PVC pipes market forecast segments are divided into four segments as type, application, end-use, and region.


Segmentation Table


The PVC pipes market trends have been segmented globally based on the type, application, end-use, and region.


By Type


Post-chlorinated, plasticized, and unplasticized are the three types of PVC pipes.


By Application


Plumbing, sewerage, water supply, oil & gas, irrigation, and others are the various types of applications of PVC pipes.


By End-use


Agriculture, building & construction, telecommunications, and others are a few types of end-use industries.


By Region


Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are the five main geographies included in the PVC pipes market.



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2023: USD 61.5 Billion
  • 2030: USD 87.15 Billion
  •   CAGR   5.79%(2022–2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Type, By Application, By End Use and By Region
      Geographies Covered    North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   China Lesso Group Holdings Ltd. (China), Astral Polytechnik Limited (India), Polypipe Plc (UK), Advanced Drainage Systems, Inc. (US), Amanco (Brazil), National Pipe and Plastics, Inc. (US), JM Eagle Inc (US), NAPCO (US), Finolex Industries Ltd (India), and IPEX Inc (Canada) among others.
      Key Market Opportunities

  • Better strength
  • Easy to install
  • Better durability
  • Low costcompared to others piping materials
  •   Key Market Drivers

  • Metal & concrete pipes in the construction industry
  • The easy-to-install property and durability attributes associated with the PVC pipes


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    Frequently Asked Questions (FAQ) :

    The global PVC pipes market is expected to expand at a CAGR of 5.79% over the period between 2020 and 2028.

    Applications of irrigation, sewage & drainage, housing & construction, and water supply are the major driving factors.

    China Lesso Group Holdings Ltd., Amanco, Advanced Drainage Systems, Inc., National Pipe and Plastics, Inc., Polypipe Plc, Astral Polytechnik Limited, Egeplast S.

    House building and construction for its renovation and development projects in developing countries.

    Asia-Pacific region, due to the presence of the largest producer in China and a flurry of development projects.