Lucintel's latest market report analyzed that PVC pipe provides attractive opportunities in the residential, industrial, and commercial construction industries. The PVC pipe market is expected to reach $63.5 billion by 2028 with a CAGR of 6.7%. In this market, plasticized PVC pipe is the largest segment by product type, whereas wastewater is largest by application. Increasing use of multilayer technology in PVC pipes and introduction of new technology applying molecular orientation in the PVC-O pipes provides strategic growth path in this market.
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Based on product type, the PVC pipe market is segmented into plasticized PVC pipes, unplasticized PVC, and plasticized PVC pipe (chlorinated PVC pipes, and others). The plasticized PVC pipes segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to its heat and chemical resistance properties.
Browse in-depth TOC on “PVC Pipe Market”
120 – Tables
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251– Pages
The PVC Pipe Market is marked by the presence of several big and small players. Some of the prominent players offering PVC pipe include China Lesso, Sekisui Chemicals, Supreme Industries, Finolex Industries, Formosa Plastics, and Astral Poly Technik.
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