The Polyvinyl Chloride (PVC) pipes market size was valued at USD 71.90 billion in 2023 and is expected to be worth USD 75.33 billion in 2024. The market is projected to reach USD 112.05 billion by 2032, recording a CAGR of 5.1% during the forecast period.

Polyvinyl Chloride (PVC) pipes are immensely popular in a wide range of industries, such as building & construction and water as they come with a variety of benefits, such as low cost, lightweight, durable, and easy to install. They also have excellent electrical and heat insulation properties, and are resistant to wear, rust, and rot. One of the major factors driving the adoption of PVC pipes is the large-scale urbanization of infrastructure in rural and urban areas.

Fortune Business Insights™ displays this information in a report titled, "Polyvinyl Chloride (PVC) Pipes Market, 2025-2032".

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LIST OF KEY COMPANIES PROFILED IN THE REPORT:

• Asahi Yukizai Corporation (Japan)
• Astral Pipes (India)
• Epco ltd. (U.K.)
• JM Eagle (U.S.)
• Molecor (Spain)
• Ningbo Qianxiang Huiya International Trade Co., Ltd. (China)
• Periplast (France)
• Polyplastic Group (Russia)
• Serene Plast (Turkey)
• Westlake Pipe & Fittings (U.S.)

Segmentation:

Longer Lifespan Boosted Sales of Unplasticized PVC (UPVC) Pipes

Based on type, the market is segmented into Unplasticized PVC (UPVC), Chlorinated PVC (CPVC), and others. The UPVC segment captured the biggest Polyvinyl Chloride (PVC) pipes market share in 2023 as these pipes offer a longer service life and are easy and cost-effective solutions for carrying out water distribution activities.

Pipes Gained Significant Traction Due to Their Diverse Applications

Based on component, the market is classified into pipes and fittings. The pipes segment held a major market share in 2023 as pipes have a wide range of applications. They are widely utilized in municipal & building water supply and drainage and agricultural irrigation systems.

Wide-ranging Applications Increases Product Use in Agricultural Irrigation

Based on application, the market is classified into agricultural irrigation, municipal water supply & drainage, building water supply & drainage, municipal gas, electrical & telecommunications, and others. The agricultural irrigation segment accounts for a sizeable market share as these pipes are extensively used in the agriculture industry to set up sprinkler & drip irrigation lines, harvest groundwater from bore wells, and establish universal water distribution channels.

With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as key components, types, applications, and leading market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Growing Use in Diverse Industries and Lucrative Advantages to Boost Market Progress

Polyvinyl Chloride (PVC) pipes have become one of the most sought-after components in a wide range of industries, such as agriculture, oil & gas, and water. This is because, end-users in these industries are becoming aware of the advantages of using these pipes. PVC pipes are much cheaper than their substitutes and possess high inertness. They offer high resistance against various types of corrosion, making them safe to transport vital resources, such as drinking water. Since they can resist rot and rust as well, they are ideal for transporting oil and gas products, thereby fueling their demand.

However, the environmental and human health hazards associated with these pipes can hinder their sales and stifle the Polyvinyl Chloride (PVC) pipes market growth.

Regional Insights:

Asia Pacific Dominated Global Market Due to Presence of Vast Agricultural Areas in China

Asia Pacific held a dominant position in the global market as the region has a vast agricultural lands China and India. China is home to one of the biggest agricultural areas, which has skyrocketed the demand for PVC pipes to support a large number of irrigation networks in the country. This factor has made China the leading nation in the regional market.

Europe is also showcasing notable growth in the global market as the region has introduced programs, such as the VinylPlus program that recycles nearly 80,000 tons of PVC pipes annually.

Source: https://www.fortunebusinessinsights.com/polyvinyl-chloride-pvc-pipes-market-109549

Competitive Landscape:

Market Leaders to Focus on Capacity Expansions and Acquisitions to Keep Up With Rising Product Demand

Astral Pipes, Asahi Yukizai Corporation, Polyplastic Group, JM Eagle, and Westlake Pipe & Fitting are the top manufacturers of Polyvinyl Chloride (PVC) pipes in this market. These companies are focusing on expanding their production capacity and entering acquisition agreements with their competitors to cater to the ever-growing demand for PCV pipes and increase their geographical footprint.

Notable Industry Development:

November 2022 – Ajay Pipes revealed that it was planning to establish a new production unit to make PVC and UPVC pipes and fittings. The new unit was expected to be finished by January 2023.