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Subject: MRR

PVC Pipes Market Size Grows by USD 5.12 Billion | Witnesses Emergence of Advanced Drainage Solutions and Astral Ltd. as Key Market Contributors| Technavio


NEW YORK, Dec. 2, 2021 /PRNewswire/ -- The PVC pipes market is set to grow by USD 5.12 billion from 2020 to 2025, progressing at a CAGR of 4.11% during the forecast period. The PVC pipes market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market.

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The PVC pipes market report identifies the superior properties of PVC pipes as one of the major factors driving the growth of the market. In addition, rising irrigation activities leading to the growing demand for PVC pipes and the growth in oil and gas extraction are other crucial factors fueling the growth of the market over the forecast period. However, the threat of substitutes, fluctuating crude oil prices, and the health hazards of PVC are some of the factors expected to impede the market growth in the forthcoming years.

The PVC pipes market is segmented by (unplasticized PVC, plasticized PVC, and chlorinated PVC) and geography (APAC, North America, Europe, MEA, and South America). The unplasticized PVC segment led the market share in 2020 and will continue to dominate the market during the forecast period. In terms of Geography, 63% of the growth will originate from APAC. China, India, and Australia are the key markets for PVC pipes in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The PVC pipes market covers the following areas:

PVC Pipes Market Sizing
PVC Pipes Market Forecast
PVC Pipes Market Analysis

Companies Mentioned

Related Reports:

HDPE Pipe Market in India by Product and End-user - Forecast and Analysis 2022-2026

Duplex Stainless Steel Pipe Market by Application and Geography - Forecast and Analysis 2021-2025

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PVC Pipes Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.11%

Market growth 2021-2025

USD 5.12 billion

Market structure

Fragmented

YoY growth (%)

3.61

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 63%

Key consumer countries

China, US, India, Germany, and Australia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advanced Drainage Solutions, Astral Ltd., China Lesso Group Holdings Ltd., Finolex Industries Ltd., Genuit Group Plc, J-M Manufacturing Co., MOLECOR TECNOLOGIA S.L., Sekisui Chemical Co. Ltd., Tessenderlo Group NV, and Wienerberger AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio


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