PVC Pipes Market Overview:
The global market for PVC pipes is making significant progress with the rising demand for it in several associated industries. The PVC pipes market is showing scopes to attain a CAGR of 7.13% during the forecast period covering 2016 to 2023. Market Research Future (MRFR) revealed several factors that can boost the market growth. For instance, the market has a better chance with sectors like telecom, construction, water supply, sewerage, agriculture, and others. Rapid urbanization will boost its prospect in the coming days. However, its environmental concerns may restrict growth potentials.
PVC Pipes Market Segmentation:
MRFR made a segmentation of the global PVC pipes market on the basis of types, applications, and end users. This segmentation provides an opportunity to dig deeper to understand various nuances of the market. It also reveals various factor-based details and supported the reading with figures that can help in making a proper assessment of how the market is set to move forward.
By type, the global market report on the PVC pipes has been segmented into plasticized, post chlorinated, and unplasticized.
By application, the global market report on the PVC pipes includes plumbing, sewerage, oil & gas, irrigation, water supply, and others. The inclusion of PVC pipes in the oil & gas sector to transport oil is providing an ample market scope for expansion. With growing urbanization, the demand for plumbing and maintain proper sewerage is also rising, owing to which the intake of PVC pipes will grow.
By end users, the global market report studying various methods of PVC pipes includes housing, telecom industry, building & construction, agriculture, and others. In various developing countries with agrarian economies, the PVC pipes market will get thrust as a means to supply water to the field
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PVC Pipes Market Regional Landscape:
In the Asia Pacific region, both the production and consumption of PVC pipes are substantial. This is primarily due to the presence of several agrarian economies that can boost the market prospect. In addition, countries like India, China, and others are witnessing rapid urbanization, due to which a rise in building and construction, telecom industry, and housing is visible.
In the Middle East & Africa, poor economies are prohibiting the expansion of the market, but countries like Qatar, Kuwait, and others are creating scope for the market’s growth.
The global market for PVC pipes is all set to roll profits from the strategic decisions made by companies like Astral Polytechnik Limited(India), Polypipe Plc (UK), Advanced Drainage Systems, Inc. (US), China Lesso Group Holdings Ltd. (China), National Pipe and Plastics, Inc. (US), Egeplast A. S (Turkey), Amanco (Brazil), and others. These players are banking on their expert panels and their strategic moves that span across methods like mergers, acquisitions, collaborations, hike in production methods, launching of new innovations, better investment in the research and development facilities, improved marketing strategies, branding, and others. MRFR’s take on the recent proceedings will open up opportunities that can be utilized to have a better growth prospect in the coming years.
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About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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