The global demand for PVC pipes is dominated by Asia-Pacific due to rapid industrialization and urbanization in the region.

Portland, OR -- (SBWire) -- 11/09/2017 --PVC Pipe Market report, published by Allied Market Research, is expected to reach $85,565 million by 2022, growing at a CAGR of 7.9% from 2016 to 2022. Unplasticized PVC pipe segment is expected to retain its dominant position, in terms of revenue generation, throughout the forecast period. China held the leading position in the global market in 2015, and is expected to maintain its lead in the future.

The PVC pipe market is in its maturity stage. In this industry, most of the players focus to consolidate their market position through strategic expansions and product launches. Major factors that drive the demand for PVC pipe include rise in demand from irrigation & construction industries, growth in focus on rural water management, and rapid urbanization. However, availability of better substitutes, such as HDPE & ABS, and toxicity of PVC material are expected to restrain the market growth.

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In the year 2015, uPVC pipe was the largest segment, in terms of revenue, with more than half of the market share, followed by plasticized PVC pipe and chlorinated PVC pipe. Significant penetration in applications such as heavy-duty plumbing, sewer & drain, and HVAC drive the demand for uPVC pipes. In the same year, PVC resin segment led the market, with almost two-thirds market share, followed by lubricant, pigment base, and others.

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In the year 2015, sewer & drain was the largest application segment, in terms of revenue, with more than one-fourth share, followed by water supply & irrigation. Low cost, easy installation, and long lifecycle cost are factors that drive the demand for PVC pipes in sewer & drain application. In recent years, their demand has increased significantly owing to replacement of traditional metal pipes.

Pvc Pipe Market Key Segments:

By Type

-Chlorinated PVC Pipe
-Unplasticized PVC Pipe
-Plasticized PVC Pipe

By Material

-PVC Resin
-Stabilizers
-Plasticizers
-Lubricant
-Pigment Base
-Others

By Application

-Irrigation
-Water Supply
-Sewerage
-Plumbing
-Oil & Gas
-Heating, Ventilation, and Air Conditioning (HVAC)
-Others