According to the latest report by IMARC Group, titled “Europe PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the European PVC Pipes market size reached 6.3 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 8.2 Million Tons by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Polyvinyl chloride (PVC) pipes are composed of a combination of vinyl and plastic materials, making them highly durable and long-lasting. They are lightweight, cost-effective, and recyclable and offer excellent resistance to rust and chemicals. Moreover, PVC pipes can withstand rigorous movements, bending, and shaking, even in areas prone to earthquakes, without suffering damage. They also have robust strength and high resistance to damage, due to which they are largely used use in underground wiring, water systems, and sewer line applications. Currently, they are available in unplasticized, chlorinated, molecular-oriented, and modified PVC variants.
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Europe PVC Pipes Market Trends:
In Europe, the increasing investment in the construction sector has considerably surged the demand for PVC pipes, which is one of the key factors boosting the market growth. Additionally, key market players in the region are adopting molecular orientation procedures to enhance the mechanical properties of PVC pipes, which, in turn, is bolstering the market growth. Apart from this, the increasing product application in drain-waste-vent (DWV) sewers and heating, ventilation, and air conditioning (HVAC) systems and surging housing demand are fueling the market growth. Moreover, rapid technological advancements, rising environmental awareness, and strong economic growth in Eastern and Central European countries are accelerating the market growth.
Europe PVC Pipes Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the European PVC Pipes market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the European PVC Pipes market on the basis of type, application and region.
Breakup by Type:
Breakup by Application:
Breakup by Region:
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