North America PVC Pipes Market Size, Share, Growth and Opportunity 2022-2027 - Digital Journal

2022-08-19 19:10:06 By : Ms. Sunny Gao

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According to IMARC Group’s latest report, titled “North America PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the North America PVC pipes market is expected to exhibit a CAGR of 5.6% during 2022-2027. PVC pipes are produced by the extrusion of a blend of polyvinyl chloride and several other additives. They can be categorized into flexible PVC, rigid PVC, low-smoke PVC, and chlorinated PVC. PVC pipes are durable, non-corrosive, lightweight, can withstand extreme movement and bending, and are resistant to bacterial contamination. They are ideal for underground wiring and sewerage lines and as cold or hot water conduits in industrial and commercial establishments. Consequently, PVC pipes find widespread applications across numerous sectors, such as irrigation, water supply, plumbing, sewerage, oil and gas, etc., in North America.

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The elevating number of non-residential and residential construction projects is primarily driving the North America PVC pipes market. In line with this, the escalating usage of the product in roofing, on account of the low maintenance requirements, is acting as another significant growth-inducing factor. Additionally, the introduction of PVC-O pipes derived by applying molecular orientation in the PVC pipe manufacturing process to ensure improved physical and mechanical properties, environment-friendliness, and cost-effectiveness as compared to the conventional counterparts is also positively influencing the market across the region. Besides this, the inflating investments by key market players in research and development activities and the increasing need for chlorinated PVC or C-PVC to facilitate clean water supply are expected to catalyze the North America PVC pipes market over the forecasted period.

The report has categorized the North America PVC pipes market based on application and region.

Competitive Analysis With Key Players:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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Key Highlights of the Report:

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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