July 13, 2020

PVC Pipe: Uses, Benefits, and Lucrative Growth Opportunities in 2020

PVC pipes are used in conveying applications such as wastewater, chemical, heating fluid, gases, compressed gases, and others. These pipes are strong under pressure and do not rust when exposed to moisture. Also, these pipes are lightweight, flexible, and crush-resistant. PVC pipes are corrosion resistant, durable, and are readily replaced by some glue. These make them useful for plumbing jobs like water lines and sewer lines. PVC pipes are also employed in agriculture for above the ground sprinkler system at low costs.

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Some of the key players influencing the PVC Pipe Industry are

  • Advanced Drainage Systems, Inc.
  • China Lesso Group Holdings Limited
  • egeplast international GmbH
  • Finolex Industries Ltd.
  • IPEX Group of Companies
  • JM Eagle, Inc.
  • NAPCO
  • Pipelife International GmbH
  • Plastika, a.s.
  • Tigre S/A

The PVC pipe market is anticipated to grow in the forecast period owing to driving factors such as surging demands for pipes in the irrigation sector as well as the building and construction industry. Moreover, rapid urbanization and the rising focus of governments on rural water management are other important factors contributing to the growth of the PVC pipe market.

However, substitutes such as HDPE and ABS pipes with enhanced properties are restricting the growth of the PVC pipe market. Also, toxicity associated with the PVC hinders market growth. Nonetheless, increasing investments in developing nations and growing awareness towards clean water supplies in rural areas offer lucrative opportunities for the PVC pipe market and the major players involved during the forecast period.

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The “Global PVC Pipe Market Analysis to 2027” is a specialized and in-depth study of the PVC Pipe industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PVC Pipe market with detailed market segmentation by type, component, industry vertical, and geography. The global PVC Pipe market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading PVC Pipe market players and offers key trends and opportunities in the market.