PVC Pipes Market Synopsis

The Global Market for PVC Pipes Estimated At USD 58.65 Billion In The Year 2023, Is Projected To Reach A Revised Size Of USD 107.92 Billion By 2032, Growing at a CAGR of 7.01 % Over The Projected Period 2024-2032.

PVC (Polyvinyl Chloride) pipes are a type of plastic piping made from the synthetic polymer PVC. These pipes are widely used in a variety of applications, including sewage systems, water mains, and irrigation. PVC pipes are known for their durability, resistance to corrosion, lightweight properties, and ease of installation. Additionally, they are cost-effective and environmentally friendly, as they can be easily recycled.

• The global PVC pipes market has witnessed substantial growth due to the increasing demand for infrastructure development, especially in emerging economies. The durability, cost-efficiency, and ease of installation of PVC pipes make them an attractive choice for water supply, sewage, and irrigation projects. Governments and private sectors are increasingly adopting PVC pipes for large-scale construction projects, driven by their long-lasting performance and low maintenance costs.
• Technological advancements in PVC pipe manufacturing have further boosted market growth. Innovations in material composition and manufacturing processes have allowed for the production of PVC pipes with enhanced strength, flexibility, and resistance to environmental factors. This has expanded their application in industrial, residential, and agricultural sectors, leading to a broader market reach.
• Moreover, the market is also driven by the growing emphasis on sustainability and environmental conservation. PVC pipes are highly recyclable, and their production requires less energy compared to traditional materials like metal or concrete. As countries and industries strive to reduce their environmental footprints, the demand for PVC pipes is expected to continue rising, supporting global infrastructure development with a sustainable solution.

The PVC Pipes Market Trend Analysis

Increasing Use Of PVC Pipes In Residential And Non-Residential Construction Activities

• The main driver of the market expansion in the upcoming years is increasing demand for pipes in the building and construction, as well as irrigation industries. PVC pipes are becoming more widely used in the construction sector and are a good alternative to metal and concrete pipes. For instance, according to American Chemical Council, there are more than 78 billion pounds of plastic produced annually. An estimated 17% of plastic, including plastic pipes, is used in the building and construction sector.
• The market is anticipated to increase during the forecast period as a result of rising government spending on the construction of wastewater treatment and water infrastructure as well as water delivery in rural areas. The community might save up to 40% on energy expenditures by upgrading to PVC pipes, according to data supplied by Water Finance and Management.
• One of the key reasons driving the growth of the global polyvinyl chloride (PVC) pipe market is increasing spending on research and development efforts. These investments are made by commercial or governmental groups. The growth of the global market for polyvinyl chloride (PVC) pipes is also being driven by the rise in demand for PVC pipes across different industries and sectors. Due to its several benefits that polyvinyl chloride (PVC) pipes demand to increase more quickly.

Increasing Acceptance Of PVC Pipes In Agriculture Irrigation Systems     

• The agriculture sector would be increased by the growth in domestic income and rising food consumption, which will fuel the expansion of the PVC pipes market. The agricultural sector is also excepted to grow as a result of the adoption of a number of significant trends in the sector, such as the increase in exports, the expansion of private investment in agriculture, and the use of information technology.
• The use of PVC pipes for various agricultural applications has increased due to the desire for better irrigation systems and better infrastructure arrangements. PVC pipes are resistant to corrosion and have high tensile strength, flexibility, and durability in harsh temperature conditions.  So, the increased use of PVC pipes across many sectors develops growth opportunities in the PVC market.
• Increase in need and awareness about clean water in rural areas boosts the PVC pipes market growth. The presence of the major key players like Finolex Industries, Supreme Industries, and other major players are focusing on the increase in research and development activities, expanding their manufacturing facilities, and infrastructural development creates more growth opportunities for the market growth.  

Segmentation Analysis of The PVC Pipes Market

PVC Pipes market segments cover the type, Material, Application, and End User. By Type, the Chlorinated segment is anticipated to dominate the Market Over the Forecast period.

• Throughout the forecast period, the chlorinated segment will represent the biggest market share. C-PVC stands for chlorinated PVC. C-PVC pipes and fittings share many of the advantages of PVC-U. Because C-PVC pipes and fittings contain more chlorine than traditional PVC-U, they can withstand a wider range of temperatures. The material of choice for water piping systems in both residential and commercial construction is C-PVC as a result the demand is increasing.
• Chlorinated PVC is more durable and has a longer lifespan than copper plumbing. The uses of chlorinated PVC include hot and cold-water delivery pipes and industrial liquid handling. Due to its several advantages, many plumbers are recommending to use of C-PVC pipes during the need for re-pipe. Because these pipes are easy to install, it is lightweight, and easy to move and carry from one place to another. Such factors drive the growth of chlorinated PVC pipes during the forecast period.

Regional Analysis of The PVC Pipes Market

Asia Pacific is Expected to Dominate the Market Over the Forecast period.

• The increasing construction activities in this region drive market growth. In the Asia Pacific region, China and India hold the maximum market share. The rapid adoption of PVC pipes in the agriculture irrigating system drives the market growth in this region.  Additionally, the rising government initiatives to improve the agriculture sector due to the increasing adoption of organic products are expected to drive the PVC pipes market growth.
• Due to the increasing growth in the Indian agriculture sector drives the market growth. About 58% of India’s population depends on agriculture considering it as a primary source of income. For instance, according to Statista, 42.6% of the workforce in India was employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry, and services in 2019. While the share of Indians working in agriculture is declining, it is still the main sector of employment.  

• Henceforth, the growing share of the agriculture sector offers the opportunity for the PVC pipes market

Covid-19 Impact Analysis On PVC Pipes Market

• In 2020 covid-19 spread to almost every country in the world. Covid-19 hampers the growth of the PVC pipe market growth. As Asia Pacific is the dominating region of the market but the first covid-19 patient is seen in China, therefore the Chinese government imposed strict regulations on import-export businesses hampers the growth of the market. The supply chain of PVC pipes was disturbed during the pandemic situation.
• The increasing prices of PVC pipes due to the shortage of raw materials hamper the market growth. Moreover, stopping the Building and Construction work that contains more PVC pipes is a major factor that decreases the demand for PVC pipes. The growth of the industry decreased due to the economic downturn, including increased unemployment, decreased consumer spending, and reduced investments of the key players in the development of the pipes affecting the growth of the market.

Top Key Players Covered in The PVC Pipes Market

• Finolex Industries Ltd (India)
• Advanced Drainage Systems Inc. (US)
• China Lesso Group Holdings Ltd. (China)
• Polypipe PLC (UK)
• National Pipe and Plastics Inc. (US)
• IPEX Inc (Canada)
• Avient Corporation (US)
• Astral Polytechnik Limited (India)
• PMC Specialties Group (US)
• Westlake Chemical Corporation (US)
• Chemplast Sanmar Limited (India)
• Eastman Chemical Company (U.S.)
• Sekisui Chemical Co., Ltd. (Japan)
• Formosa Plastics Corporation (Taiwan)
• Tessenderlo Group (Belgium)
• Orbia Advance Corporation S.A.B. de C.V. (Mexico)
• Aliaxis Group S.A. (Belgium)
• Mitsubishi Chemical Corporation (Japan), and Other Major Players

Key Industry Developments in the PVC Pipes Market

• In March 2024, CK Birla-promoted HIL Limited acquired the Topline brand of polyvinyl chloride (PVC) pipes, along with four associated companies, for Rs. 265 crores, as disclosed in a stock exchange filing. This strategic acquisition marked a significant expansion for HIL Limited in the PVC pipes segment, aligning with its broader growth objectives. The transaction, valued at Rs. 265 crores, included both the brand and the associated companies, further strengthening HIL's presence in the market. The acquisition was completed following due diligence and approval processes, as reported in the official disclosure to the stock exchange.
• In March 2024, Apollo Pipes Ltd, a part of the APL Apollo group, acquired a 53.57% majority stake in Kisan Mouldings Ltd (KML) for ₹118.40 crore. The acquisition, announced in an exchange filing on Tuesday, was accomplished through a preferential issue of 6,40,00,000 equity shares, each priced at ₹18.50 with a face value of ₹10. This capital infusion resulted in Kisan Mouldings becoming a subsidiary of Apollo Pipes. The strategic move was aimed at strengthening Apollo Pipes' position in the PVC pipes and fittings sector.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Material
 3.3 By Application
 3.4 By End Users

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: PVC Pipes Market by Type
 5.1 PVC Pipes Market Overview Snapshot and Growth Engine
 5.2 PVC Pipes Market Overview
 5.3 Plasticized
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Plasticized: Geographic Segmentation
 5.4 Unplasticized
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Unplasticized: Geographic Segmentation
 5.5 Chlorinated
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Chlorinated: Geographic Segmentation
 5.6 Other
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Other: Geographic Segmentation

Chapter 6: PVC Pipes Market by Material
 6.1 PVC Pipes Market Overview Snapshot and Growth Engine
 6.2 PVC Pipes Market Overview
 6.3 Stabilizer
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Stabilizer: Geographic Segmentation
 6.4 PVC Resin
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 PVC Resin: Geographic Segmentation
 6.5 Plasticizers
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Plasticizers: Geographic Segmentation
 6.6 Pigment base
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Pigment base: Geographic Segmentation
 6.7 Lubricant
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Lubricant: Geographic Segmentation
 6.8 Other
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2017-2032F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Other: Geographic Segmentation

Chapter 7: PVC Pipes Market by Application
 7.1 PVC Pipes Market Overview Snapshot and Growth Engine
 7.2 PVC Pipes Market Overview
 7.3 Sewerage
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Sewerage: Geographic Segmentation
 7.4 Water Supply
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Water Supply: Geographic Segmentation
 7.5 Plumbing
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Plumbing: Geographic Segmentation
 7.6 Oil and Gas
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Oil and Gas: Geographic Segmentation
 7.7 Irrigation
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size (2017-2032F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 Irrigation: Geographic Segmentation
 7.8 Others
  7.8.1 Introduction and Market Overview
  7.8.2 Historic and Forecasted Market Size (2017-2032F)
  7.8.3 Key Market Trends, Growth Factors and Opportunities
  7.8.4 Others: Geographic Segmentation

Chapter 8: PVC Pipes Market by End Users
 8.1 PVC Pipes Market Overview Snapshot and Growth Engine
 8.2 PVC Pipes Market Overview
 8.3 Agriculture
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2017-2032F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Agriculture: Geographic Segmentation
 8.4 Telecommunication
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2017-2032F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Telecommunication: Geographic Segmentation
 8.5 Building & Construction
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2017-2032F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Building & Construction: Geographic Segmentation
 8.6 Others
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size (2017-2032F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Others: Geographic Segmentation

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Positioning
  9.1.2 PVC Pipes Sales and Market Share By Players
  9.1.3 Industry BCG Matrix
  9.1.4 Heat Map Analysis
  9.1.5 PVC Pipes Industry Concentration Ratio (CR5 and HHI)
  9.1.6 Top 5 PVC Pipes Players Market Share
  9.1.7 Mergers and Acquisitions
  9.1.8 Business Strategies By Top Players
 9.2 FINOLEX INDUSTRIES LTD
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Operating Business Segments
  9.2.5 Product Portfolio
  9.2.6 Business Performance
  9.2.7 Key Strategic Moves and Recent Developments
  9.2.8 SWOT Analysis
 9.3 ADVANCED DRAINAGE SYSTEMS INC.
 9.4 CHINA LESSO GROUP HOLDINGS LTD.
 9.5 POLYPIPE PLC
 9.6 NATIONAL PIPE AND PLASTICS INC.
 9.7 IPEX INC
 9.8 AVIENT CORPORATION
 9.9 ASTRAL POLYTECHNIK LIMITED
 9.10 PMC SPECIALTIES GROUP
 9.11 WESTLAKE CHEMICAL CORPORATION
 9.12 CHEMPLAST SANMAR LIMITED
 9.13 EASTMAN CHEMICAL COMPANY
 9.14 MITSUBISHI CHEMICAL CORPORATION
 9.15 OTHER MAJOR PLAYERS

Chapter 10: Global PVC Pipes Market Analysis, Insights and Forecast, 2017-2032
 10.1 Market Overview
 10.2 Historic and Forecasted Market Size By Type
  10.2.1 Plasticized
  10.2.2 Unplasticized
  10.2.3 Chlorinated
  10.2.4 Other
 10.3 Historic and Forecasted Market Size By Material
  10.3.1 Stabilizer
  10.3.2 PVC Resin
  10.3.3 Plasticizers
  10.3.4 Pigment base
  10.3.5 Lubricant
  10.3.6 Other
 10.4 Historic and Forecasted Market Size By Application
  10.4.1 Sewerage
  10.4.2 Water Supply
  10.4.3 Plumbing
  10.4.4 Oil and Gas
  10.4.5 Irrigation
  10.4.6 Others
 10.5 Historic and Forecasted Market Size By End Users
  10.5.1 Agriculture
  10.5.2 Telecommunication
  10.5.3 Building & Construction
  10.5.4 Others

Chapter 11: North America PVC Pipes Market Analysis, Insights and Forecast, 2017-2032
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Plasticized
  11.4.2 Unplasticized
  11.4.3 Chlorinated
  11.4.4 Other
 11.5 Historic and Forecasted Market Size By Material
  11.5.1 Stabilizer
  11.5.2 PVC Resin
  11.5.3 Plasticizers
  11.5.4 Pigment base
  11.5.5 Lubricant
  11.5.6 Other
 11.6 Historic and Forecasted Market Size By Application
  11.6.1 Sewerage
  11.6.2 Water Supply
  11.6.3 Plumbing
  11.6.4 Oil and Gas
  11.6.5 Irrigation
  11.6.6 Others
 11.7 Historic and Forecasted Market Size By End Users
  11.7.1 Agriculture
  11.7.2 Telecommunication
  11.7.3 Building & Construction
  11.7.4 Others
 11.8 Historic and Forecast Market Size by Country
  11.8.1 U.S.
  11.8.2 Canada
  11.8.3 Mexico

Chapter 12: Europe PVC Pipes Market Analysis, Insights and Forecast, 2017-2032
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Plasticized
  12.4.2 Unplasticized
  12.4.3 Chlorinated
  12.4.4 Other
 12.5 Historic and Forecasted Market Size By Material
  12.5.1 Stabilizer
  12.5.2 PVC Resin
  12.5.3 Plasticizers
  12.5.4 Pigment base
  12.5.5 Lubricant
  12.5.6 Other
 12.6 Historic and Forecasted Market Size By Application
  12.6.1 Sewerage
  12.6.2 Water Supply
  12.6.3 Plumbing
  12.6.4 Oil and Gas
  12.6.5 Irrigation
  12.6.6 Others
 12.7 Historic and Forecasted Market Size By End Users
  12.7.1 Agriculture
  12.7.2 Telecommunication
  12.7.3 Building & Construction
  12.7.4 Others
 12.8 Historic and Forecast Market Size by Country
  12.8.1 Germany
  12.8.2 U.K.
  12.8.3 France
  12.8.4 Italy
  12.8.5 Russia
  12.8.6 Spain
  12.8.7 Rest of Europe

Chapter 13: Asia-Pacific PVC Pipes Market Analysis, Insights and Forecast, 2017-2032
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Plasticized
  13.4.2 Unplasticized
  13.4.3 Chlorinated
  13.4.4 Other
 13.5 Historic and Forecasted Market Size By Material
  13.5.1 Stabilizer
  13.5.2 PVC Resin
  13.5.3 Plasticizers
  13.5.4 Pigment base
  13.5.5 Lubricant
  13.5.6 Other
 13.6 Historic and Forecasted Market Size By Application
  13.6.1 Sewerage
  13.6.2 Water Supply
  13.6.3 Plumbing
  13.6.4 Oil and Gas
  13.6.5 Irrigation
  13.6.6 Others
 13.7 Historic and Forecasted Market Size By End Users
  13.7.1 Agriculture
  13.7.2 Telecommunication
  13.7.3 Building & Construction
  13.7.4 Others
 13.8 Historic and Forecast Market Size by Country
  13.8.1 China
  13.8.2 India
  13.8.3 Japan
  13.8.4 Singapore
  13.8.5 Australia
  13.8.6 New Zealand
  13.8.7 Rest of APAC

Chapter 14: Middle East & Africa PVC Pipes Market Analysis, Insights and Forecast, 2017-2032
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Plasticized
  14.4.2 Unplasticized
  14.4.3 Chlorinated
  14.4.4 Other
 14.5 Historic and Forecasted Market Size By Material
  14.5.1 Stabilizer
  14.5.2 PVC Resin
  14.5.3 Plasticizers
  14.5.4 Pigment base
  14.5.5 Lubricant
  14.5.6 Other
 14.6 Historic and Forecasted Market Size By Application
  14.6.1 Sewerage
  14.6.2 Water Supply
  14.6.3 Plumbing
  14.6.4 Oil and Gas
  14.6.5 Irrigation
  14.6.6 Others
 14.7 Historic and Forecasted Market Size By End Users
  14.7.1 Agriculture
  14.7.2 Telecommunication
  14.7.3 Building & Construction
  14.7.4 Others
 14.8 Historic and Forecast Market Size by Country
  14.8.1 Turkey
  14.8.2 Saudi Arabia
  14.8.3 Iran
  14.8.4 UAE
  14.8.5 Africa
  14.8.6 Rest of MEA

Chapter 15: South America PVC Pipes Market Analysis, Insights and Forecast, 2017-2032
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Type
  15.4.1 Plasticized
  15.4.2 Unplasticized
  15.4.3 Chlorinated
  15.4.4 Other
 15.5 Historic and Forecasted Market Size By Material
  15.5.1 Stabilizer
  15.5.2 PVC Resin
  15.5.3 Plasticizers
  15.5.4 Pigment base
  15.5.5 Lubricant
  15.5.6 Other
 15.6 Historic and Forecasted Market Size By Application
  15.6.1 Sewerage
  15.6.2 Water Supply
  15.6.3 Plumbing
  15.6.4 Oil and Gas
  15.6.5 Irrigation
  15.6.6 Others
 15.7 Historic and Forecasted Market Size By End Users
  15.7.1 Agriculture
  15.7.2 Telecommunication
  15.7.3 Building & Construction
  15.7.4 Others
 15.8 Historic and Forecast Market Size by Country
  15.8.1 Brazil
  15.8.2 Argentina
  15.8.3 Rest of SA

Chapter 16 Investment Analysis

Chapter 17 Analyst Viewpoint and Conclusion