Global Plastic Pipes Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach USD ~ Bn By 2027 – Ken Research

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What is the Size of global plastic pipes industry?

The Global Plastic Pipes Market is largely driven by expansion of the infrastructure, government initiatives, high demand, and more awareness.

PVC pipes have gained popularity across world 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.

Also, 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, mailability of such pipes, drives rising demand for PVC pipes.

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Global Plastic Pipes Market By Market Structure

The Global Plastic Pipes market is segmented by market structure into organized and unorganized.

Organized sector has highest market share owing to better regulatory compliances. This is primarily due to larger population and availability of distributors.

Global Plastic Pipes Market By Types Of Pe Pipes

The Global Plastic Pipes Market is segmented by type of PE pipes into HDPE and MDPE.

HDPE pipes hold highest share in Global Plastic Pipes Market in 2022 owning to its extensive application in several industries such as the packaging industry, textile industry among others due to its chemical and corrosion resistance.

Global Plastic Pipes Market By Type Of Plastic Pipes

The Global Plastic Pipes market is segmented by type of plastic pipes into PVC, PE and Others. PVC pipes has more market share as compared to other types of pipes due to there more advantages.

Global Plastic Pipes Market By Type Of Pvc Pipes

The Global Plastic Pipes market is segmented by type of PVC pipes into UPVC, CPVC and PVC-O.

The most commonly used PVC pipes in the market are UPVC pipes as they are commonly used for irrigation systems and pump rooms are required there, along with they are easy to install and safer than their counterparts.

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Global Plastic Pipes Market By Domestic Sales/ Export

The Global Plastic Pipes market is segmented by domestic sales/ export into domestic sales and exports.

Domestic Sales are more as compare to exports when it comes to global level.

Global Plastic Pipes Market By Type Of End Users

The Global Plastic Pipes market is segmented by type of end-user into water and irrigation, industrial and mining, sewage, electricity and others.

Plastic pipes are most commonly used for water supply and irrigation. PVC and PE types are the most commonly used pipes for water supply and irrigation due to their characteristics such as ductility, temperature resistance and good immunity from corrosion.

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Global Plastic Pipes Market

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Antimicrobial Additives and Commercial Sector Growth: The Dual Drivers of Global Plastic Pipes Market Expansion over 100 Bn in 2022 – Ken Research

 Global Plastic Pipes Market is expected to growth at a robust CAGR in next 5 years, says a report by Ken Research.

1. Trend of using antimicrobial additives for plastic pipes to prevent diseases is catching attention in PVC market globally.

To improve hygiene, construction companies are increasingly using antimicrobial additives in plastic pipes. Concerns are growing about the consumption of drinking water delivered via PVC and PEX pipes used in residential and commercial buildings. The main concerns are the leaching of chemicals, which can give water a plastic taste, as well as the leaching of bacteria, which can inhibit the growth of waterborne diseases. Antimicrobial additives prevent chemical leakage into the drinking water supply and inhibit the growth of major waterborne disease sources such as harmful bacteria, fungi, mould, and algae. Polypipe, Parx Plastics N.V., and Polyone are among the major manufacturers of antimicrobial additives for plastic products.

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2. In contrast to China, which is expected to grow at a 6.3% CAGR, the U.S. market is estimated to be worth around USD 5-10 Bn.

 

According to estimates, the American market for plastic pipes was worth around USD 5-10 Bn in 2020. China, the second-largest economy in the world, is anticipated to reach a projected market size of more than USD 20 Bn by the year 2027, growing at a CAGR of 6.3% from 2020 to 2027. Japan and Canada are two more important geographic markets, with growth rates of 4% and 4.7%, respectively, expected between 2020 and 2027. Germany is anticipated to expand within Europe at a CAGR of roughly 4.8%.

3. More than one-third of pipe market sales are expected to come from the commercial sector.

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Throughout the anticipated period, the pipes market will be dominated by the commercial sector in terms of end use. By 2032, the commercial sector will have a value-based share of more than 33.3%. The growth of the pipes market will be facilitated by the expansion of commercial infrastructure across developing nations like India, China, and Japan. Additionally, the use of pipes to upgrade the infrastructure will be accelerated by increased expansion in the residential and commercial sectors across the U.S., the U.K., and other industrialized nations.

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Global Plastic Pipes Market

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