Focus On Mining and Agricultural Activities and The Demand for House Dwellings in The Country Are Major Factor Contributing Towards Development of Plastic Pipes Market in Australia.
High Quality PVC Pipes boosting Demand: PVC pipes have gained popularity across continent owing to their favorable properties such as light-weight, cost-effectiveness, easy installation and durability. Apart from this, their excellent heat and electrical insulation properties have led to their usage in electrical fittings. These pipes do no rot, wear or rust over time and can withstand rigorous shaking and extreme movement in earthquake-prone zones. Owing to these factors, PVC pipes are continuously replacing other piping materials.
Presence of Substitutes in the Market: With time, availability of the substitutes of PVC pipes such as steel, high-density polyethylene (HDPE) and cross-linked polyethylene (PEX) pose a major threat to the profitability of the PVC pipes manufacturers, in turn, deterring the market growth. Moreover, Polyvinyl Chloride has very poor heat stability. For this reason, additives that stabilize the material at higher temperatures are typically added to the material during production due to which consumers are shifting to other alternatives.
High Demand for End Users: The primary driving factors in the market is the growing use of PVC pipes in the construction industry for applications such as water supply, housing and commercial, sewage and drainage, and irrigation. Furthermore, an increase in demand for PVC pipes in variety of applications such as chemical handling, building infrastructure, PVC molded material, as well as the good physical qualities such as durability, mechanical stability, chemical resistance, mouldability of such pipes, drives rising demand for PVC pipes.
Technological Advancement: The molecular orientation technology is used for the manufacturing of polyvinyl chloride (PVC) pipes in the global market. These kinds of pipes are eco-friendly in nature. In addition, it is cost effective and efficient in nature. On the other hand, the alternatives for polyvinyl chloride (PVC) pipes are hindering the growth of the polyvinyl chloride (PVC) pipes market.
Analysts at Ken Research in their latest publication “Australia Plastic Pipe Market Outlook to 2027F – Segmented By PVC, PE and Others Pipes, By Organized and Unorganized, By Regions and By End User Application (Plumbing and Civil, Agriculture, Mining and Industrial, Telecom and Electrical and Others)” by Ken Research observed that plastic pipes market is an emergent hardware market in Australia at a growing stage from the economic crisis after pandemic. The rising government policies and demand for PVC pipes, infrastructural development along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a ~% CAGR during 2022-2027F owing to the rise in economy of the country, increasing technology and new government policies.
Key Segments Covered in the report:
Australia Plastic Pipes Market
- By End User Application
- Plumbing and Civil
- Agriculture
- Mining and Industrial
- Telecom and Electrical
- Others (Oil & Gas, HVAC, Automotive and other related industries)
- By Type of Pipes
- PVC (CPVC and UPVC)
- Polyethylene (PE) (HDPE, MDPE, LDPE)
- Others (Include Polypropylene pipes, ABS, Polyvinylidene fluoride (PVDF), PB Etc.)
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- By Type of Market Structure
- Organized Sector
- Unorganized Sector
Key Target Audience:
- Plastic Resin Suppliers
- Plastic Pipe and Fitting Manufacturing Companies
- Oil and Gas Industry
- Government Bodies
- Real Estate developers
- Agriculture Sector Companies
Time Period Captured in the Report:
- Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2022-2027F
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Companies Covered:
- Iplex Pipelines Pty Ltd
- Vinidex Pty Ltd
- Pipemakers Pty Ltd
- David Moss Corporation
- Reliance Worldwide Corporation (Aust. Pty Ltd)
- Philmac Pty Ltd
- Pipekings Pty Ltd (Australian Plastic Profile)
Key Topics Covered in the Report:
- Overview of Australia Plastic Pipe Market
- Value chain analysis
- Australia Plastic Pipe and Fitting Market Size by Revenue
- Major Players in the Australia Plastic Pipe and Fitting Market
- Market Segmentation by Type of Pipe (PVC, PE and Others) and By End User Application (Plumbing and Civil, Agriculture, Mining and Industrial, Telecom and Electrical and Others)
- Government Regulations and Standards
- Growth Drivers and Restraints
- Company profile of Major Manufacturers (Iplex Pipelines Pty Ltd, Vinidex Pty Ltd., Pipemakers Pty Ltd, David Moss Corporation, Reliance Worldwide Corporation (Aust. Pty Ltd), Philmac Pty Ltd, Pipekings Pty Ltd (Australian Plastic Profile)
- Future Outlook
- Analyst Recommendation
For more information on the research reports, refer to below link: -
Australia Plastic Pipe Market Outlook to 2027F: Ken Research
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