However unsurprisingly, the PVC pipes and fittings market is
growing rapidly with the increase in the construction and building sector and
significant increase in the disposable income. In
addition, the more upgradation and development in the technology of pipes and
fittings drive the market growth more effectively. According to the report
analysis, ‘India
Plastic Pipes And Fittings Market Forecast To 2026 – By Pvc Pipes (Upvc And
Cpvc Pipes), By Applications (Irrigation, Sewerage, Water Supply And Plumbing
And Borewell Application), By Organized And Unorganized Sector And By Regions’ states that the irrigation and
sewerage segment have been the largest end user segments driving growth in
India Plastic Pipes and Fittings market. Whereas, the PVC pipe of this market
is rising more significantly as the PVC is the third-most broadly manufactured
product of synthetic plastic polymer across the globe after the polypropylene
and polyethylene. In addition, the government is also focusing on the rural
water management operate the demand for PVC pipes in India. Therefore, with the
increasing demand the market of pipes and fittings in India going to increase
with a large number of organized and unorganized players.
The market
of pipe and fitting in India is segmented into UPVC, CPVC, HDPE, LDPE, PPR,
PPH pipes and fittings in others and from these the UPVC has accounted for the
highest revenue share followed by HDPE pipes and fittings. The foremost growth
drivers for the market have been rising sanitation and agriculture segments in
India. Moreover, the market of PVC pipes and fittings in India is at its early
platform with a huge number of organized and unorganized key players competing
for a share in the market and the main growth drivers of the PVC pipes and fittings
industry in India have been growing investments in irrigation, housing and
sanitation with the schemes such as AMRUT, PMKSY and ALL. Furthermore, the PVC
pipes and fittings market in India has been split by types of products into
UPVC and CPVC pipes and fittings. Earning from UPVC pipes and fittings has
considered for a highest market share due to a broad range of applications
sectors and more sensible pricing. Not only has this, the market has also been
split by the end-user applications into sewerage, water supply, irrigation and
plumbing and bore well applications. Whereas, the irrigation sector had the
highest revenue share due to the PVC pipes and Fittings are used broadly in
irrigation framework installed in farms and fields all over the country.
On the basis of organizational structure in
the market segment the organized sector has the huge share due to the companies
prevailing in this sector which have much larger production capabilities. The
organized sector companies can also modify their production volume according to
the seasonal need. Whereas, on the basis of regions, South India has the
highest share across the North India, South India, West India and East India
because agricultural advancement is higher in this region.
The Indian PVC pipes and fittings market is
segmented with a large number of key players which are competing in the market
whereas the Finolex Industries Limited is the main leading player in the terms
of revenue generation in the well-organized India PVC pipes and fittings
sector. Not only has this, there are numerous key players in this market which
includes Ashirvad Pipes Private Limited, Supreme Industries, Astral Poly
Technik Limited and others which make the market more competitive and
attractive. Therefore, in the coming years it is expected that the India PVC
Pipes and Fittings Market will grow with the more focus on establishing wide
distribution and dealer networks over the decades.
Products Covered:-
CPVC Pipes, UPVC Pipes, HDPE Pipes,
LDPE Pipes, PPR Pipes, PPH Pipes, Plastic Pipes, PVDF Pipes (Polyvinylidene
Flouride), PB (Poly Butylene) Pipes, ABS (Acrylonitrile-Butadiene-Styrene)
Pipes, Irrigation, Sewerage, Water Supply and Plumbing and Borewell Application
Companies Covered:-
Finolex Industries Limited, Ashirvad
Pipes Private Limited, Supreme Industries Limited, Astral Poly Technik Limited,
Prince Pipes and Fittings Private Limited, Jain Irrigation Systems Limited, jay
Pipes (Ajay Industrial Corporation Limited), Kisan Mouldings Limited, Captain
Pipes Limited, Dutron Polymers Limited, Kankai Pipes and Fittings Private
Limited, Miraj Pipes and Fittings Private Limited, Texmo Pipes and Products
Limited, Apollo Pipes Limited
For more detail, refer to below link:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
ankur@kenresearch.com
+91-9015378249
