Market Report PVC Prediction 2025: Polyvinyl chloride (PVC) is a lightweight, adaptable but solid plastic. PVC pipe is generally used as part of the irrigation and construction industries, as these two industries touch new crests with rapid urbanization and expanded efforts for an appropriate water system, the demand in the market. worldwide PVC pipes exponentially extends development rate amid the estimated time of 2,017-2,025.
Apart from the rise of the irrigation and construction industries, the commitment of governments in some developing economies to improve their rural water management is the essential driver of this market. According to the World Bank, about 80% of the population in the rural regions of the world has no focus on drinking water. It has been said that PVC is the third most popular plastic element after polypropylene and polyethylene. Attributable to its advantages, such as strength, substance resistance, recyclability and minimal effort, PVC is rapidly supplanting metal, clay, wood and cement in different applications.
As of now, PVC pipes are commonly used by the construction industry to build drainage and sewerage systems and also water supply. On the other hand, the carcinogenic properties of PVC, combined with a poisonous quality of the earth, are two of the variables that are anticipated negatively affect the rate of progress over the time of the conjecture.
Market Report PVC Prediction 2025
Global PVC Pipe Market - Overview
Polyvinyl chloride (PVC) is a lightweight, flexible and durable plastic. PVC pipe is commonly used in the irrigation and construction industries, and as these two industries reach new peaks with rapid urbanization and greater efforts for proper irrigation, demand in the global pipe market is expected. PVC expands at a healthy growth rate during the forecast period from 2017 to 2025.
This Global PVC Pipe Market report has been prepared with the sole purpose of acting as an informational guide for audiences such as PVC Pipe Manufacturers and Distributors, who aspire to help them make business decisions. more informed. The report contains an in-depth analysis of all the items that are expected to influence PVC pipe demand in the near future, and based on that, it estimates the scenario until 2025. The report also describes a series of key players that are currently operational in the global PVC Pipe market, calculating their market shares and analyzing their operating business segments and recent strategic movements.
The global PVC pipe market can be segmented by product type into chlorinated PVC pipes (CPVC pipes), plasticized PVC pipes and non-plasticized PVC pipes. Based on the materials, the market can be segmented into PVC resin, stabilizers, plasticizers, lubricants, pigment bases and others. By application, the market can be categorized as irrigation, water supply, plumbing, sewer and drainage, oil and gas, heating, ventilation and air conditioning (HVAC), and others. Geographically, the report studies the potential of PVC Pipe Market in regions such as Asia Pacific, North America, Latin America, Europe and the Middle East and Africa.
Global PVC Pipe Market - Trends and Opportunities
Apart from the rise of the irrigation and construction industries, the government's dedication in a number of emerging economies to improving their rural water management is the main driver of this market. According to the World Bank, almost 80% of the population in rural areas around the world has no access to safe drinking water. The report notes that PVC is the third most popular plastic product after polypropylene and polyethylene. Due to its benefits such as durability, chemical resistance, recyclability and low cost, PVC is rapidly replacing metal, wood, clay and concrete in various applications. Currently, PVC pipes are often used in the construction industry for sewerage and drainage systems, as well as water supply. In contrast, the carcinogenic property of PVC, along with environmental toxicity, are two of the factors that are expected to have a negative impact on growth rate during the forecast period.
Global PVC Pipe Market - Regional Perspective
Annually, 37.7 million people in rural India suffer from waterborne diseases, according to a recent WHO survey. The government in India has realized this and is actively working to improve its water supply infrastructure. This makes Asia Pacific the most lucrative region for the PVC pipe market. The WHO, in 2006, also estimated that only 16% of sub-Saharan Africa has access to clean drinking water, and is working with local governments to improve infrastructure, such as home tap water connection. . Consequently, Africa is another profitable region for the global PVC pipe market.