According to the latest report by IMARC Group, titled “Europe PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, estimates that the European PVC Pipes market reached a volume of 6.01 Million Tons in 2021.PVC is a widely used thermoplastic which is made up of 57% chlorine and 43% carbon. PVC pipes find a wide range of applications primarily in the construction sector. They are also used for sewage, construction and electrification purposes. These pipes are resistant to chemicals and high fluid pressure which makes them fit for distribution of potable water. They are used for renovation and often substitute traditional materials like wood and metals. PVC pipes are not only durable and light in weight but are also cost-effective and easy to install. Their high degree of inertness and resistance to corrosion makes them an ideal choice for use in earthquake-prone areas.
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Market Trends:
Due to a steady revival in the construction sector in the European region, the demand for PVC pipes has been increasing at a rapid pace. In addition, these pipes are preferred for the transportation of drinking water as they are resistant to bio-film contamination. They eliminate the risk of breeding bacteria which helps in providing clean water. Moreover, as PVC pipes are long-lasting, require minimum maintenance and can be recycled, they assist in reaching the sustainable goals set by various European countries and organizations. For instance, around 50,000 tons of PVC pipes are recycled in Europe every year through VinylPlus, a voluntary program of the European PVC industry committed to sustainable development. Apart from this, increasing disposable incomes in the region along with an increase in housing demand, especially in the central and eastern European countries, are also driving the market. Looking forward, IMARC Group expects the market to reach 7.88 Million Tons by 2027, exhibiting at a CAGR of 4.38% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe PVC pipesmarket, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type and application.
Breakup by Type:
- Rigid PVC Pipes
- Flexible PVC Pipes.
Breakup by Application:
- Sewerage and Drainage
- Gas Supply
- Industrial
- Agriculture
- Drinking Water
- Others
On the basis of application, sewerage and drainage represent the largest segment, followed by the gas supply, industrial, agriculture, drinking water and other applications.
Breakup by Region:
- Germany
- Italy
- United Kingdom
- Spain
- France
- Others
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Key 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
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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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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