Europe PVC Pipe Market Share, Size, Demand, Outlook, Trends, Revenue Statistics 2022-2027 – SMU Daily Mustang
The latest report from the IMARC group, titled “European PVC pipe market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027estimates that the European PVC pipe market reached a volume of 6.01 million tonnes in 2021. PVC is a widely used thermoplastic that is composed of 57% chlorine and 43% carbon. PVC pipes find a wide range of applications mainly in the construction sector. They are also used for sewers, construction and electrification. These hoses are resistant to chemicals and high fluid pressure, making them suitable for potable water distribution. They are used for renovation and often replace traditional materials such as wood and metals. PVC pipes are not only durable and lightweight, but they are also economical and easy to install. Their high degree of inertness and corrosion resistance make them an ideal choice for use in earthquake prone areas.
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Due to a steady recovery in the construction industry in the European region, the demand for PVC pipes has increased at a rapid pace. In addition, these pipes are preferred for transporting drinking water because they are resistant to biofilm contamination. They eliminate the risk of bacteria growth, which helps provide clean water. Additionally, as PVC pipes are durable, require minimal maintenance and can be recycled, they help achieve sustainability goals set by various European countries and organizations. For example, around 50,000 tonnes of PVC pipes are recycled each year in Europe thanks to VinylPlus, a voluntary program of the European PVC industry committed to sustainable development. Apart from this, increasing disposable incomes in the region along with an increase in demand for housing, especially in Central and Eastern European countries, are also driving the market. Looking ahead, IMARC Group expects the market to reach 7.88 million tons by 2027, growing at a CAGR of 4.38% in 2022-2027.
Competitive Analysis and Segmentation of the European PVC Pipes Market 2022-2027:
Key market segmentation:
IMARC Group provides analysis of key trends in each sub-segment of PVC pipes in Europe market, along with regional and country level forecast from 2022 to 2027. Our report has categorized the market based on type and application.
Breakdown by type:
- Rigid PVC pipes
- PVC flexible pipes.
Breakdown by application:
- Sanitation and drainage
- Gas supply
- Drink water
Based on application, sewerage and drainage represents the largest segment, followed by gas supply, industry, agriculture, drinking water and other applications.
Breakdown by region:
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- Impact of COVID-19
- Value chain analysis
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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