According to the latest report of the IMARC group, entitled “European PVC pipe market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, estimates that the European PVC pipe market reached a volume of 6.01 million tons in 2021. Looking ahead, IMARC Group expects the market to reach 7.88 million tons of by 2027, with a CAGR of 4.38% in 2022-2027.
Polyvinyl chloride (PVC) pipes are very durable, recyclable, easy to install, economical and lightweight pipes made by extruding PVC, dioctyl phthalate (DOP) and stabilizers with additives. They feature fluid and chemical resistance and can withstand rigorous movement, shaking and bending, making them suitable for earthquake-prone areas. As a result, PVC pipes are widely used as fitting materials in institutions and as electrical and thermal insulation for electrification purposes.
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European PVC Pipes Market trends:
One of the key factors driving the growth of the PVC pipe market in Europe is the gradual move towards sustainable transformation related to systems and materials in the plumbing industry. In addition to this, the ongoing construction activities have drastically increased the demand for PVC pipes, which is driving the market growth significantly. This is supported by the extensive use of the product in heating, ventilation and air conditioning (HVAC) systems and sewer-waste disposal (DWV). In addition to this, the adoption of the molecular orientation procedure to improve the physical and mechanical properties of PVC pipes acts as another growth inducing factor.
To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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
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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