According to IMARC Group’s latest report, titled “North America PVC Pipe Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, the North America PVC Pipe Market is expected to show a CAGR of 5.6% in 2022-2027. PVC pipes or polyvinyl chloride pipes are produced by the extruded mixture of polymer resin (PVC) and several other additives. They can be categorized into several types including PVC-U, PVC-O, Modified PVC, C-PVC, etc. PVC pipes are lightweight, durable and non-corrosive. They can even withstand extreme bending and movement and thus prove to be very effective in earthquake prone areas. PVC pipes have a smooth surface that resists bacterial contamination. Therefore, they find wide applications in various sectors in North America, such as irrigation, water supply, construction, sewage, plumbing, agriculture, etc.
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Market Trends and Drivers:
Growing urbanization and growing number of residential and non-residential construction activities are mainly driving the North American PVC pipe market. Apart from this, changing preferences towards cost-effective sewer lines and rising demand from oil and gas segment are also positively influencing the market across the region. In addition, the increasing use of the product in roofing, due to low maintenance requirements, acts as another important growth factor. Furthermore, the increasing investments in research and development (R&D) activities by major market players and the launch of PVC-O product variants derived from the application of molecular guidance in the manufacturing process to ensure improved physical and mechanical properties, cost effectiveness, environmental friendliness, compared to conventional counterparts, further catalyzes the growth of the market. Additionally, the growing need for chlorinated PVC or C-PVC to facilitate potable water supply and expanding heating, ventilation, and air conditioning (HVAC) business is expected to catalyze the North American PVC pipe market in during the forecast period.
Key Market Segmentation:
The report has categorized the PVC pipe market in North America based on application and country.
Breakdown by application:
• Water supply
Breakdown by country:
• United States
Competitive analysis with key players:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
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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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