Man installs and checks underfloor heating
The Plastic Pipes And Pipe Fittings Global Market Report 2023, provides comprehensive information on the plastic pipes and pipe fittings market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Plastic Pipes And Pipe Fittings Market’s Growth:
As per The Business Research Company’s Plastic Pipes And Pipe Fittings Global Market Report 2023, the market size is expected to grow from $72.52 billion in 2022 to $80.16 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The global plastic pipes and pipe fitting market is expected to reach $115.23 billion in 2027 at a CAGR of 9.5%.
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Product innovation is a key trend gaining popularity in the plastic pipes and pipe fitting market. Major companies operating in the plastic pipes and pipe fitting market are developing innovative products to sustain their position in the market. For instance, in November 2021, GF Piping Systems, a Switzerland-based piping company, introduced bio-attributed materials to all of its market-leading polyvinyl chloride (PVC-U) metric pressure pipes, fittings, and valves produced in Europe. The sustainable PVC resin, made using tall oil, a waste product from paper production will see up to 90% reduction in the CO2 emission during production versus conventional PVC while still maintaining the highest quality, durability, and recyclability.
The plastic pipes and pipe fittings market is segmented:
1) By Type: Polyvinyl Chloride (PVC) Pipes, Polyethylene (PE) Pipes, Polypropylene (PP) Pipes, Other Types
2) By Structure: Organized, Un-Organized
3) By Application: Residential Fitting, Water Supply, Sewage Systems, Oil and Gas, Heating, Ventilation And Air-Conditioning Systems (HVAC), Manufacturing, Agricultural Applications, Other Applications
Asia-Pacific was the largest region in the plastic pipes and pipe fittings market in 2022.
The table of contents in TBRC’s plastic pipes and pipe fittings market report includes:
1. Executive Summary
2. Plastic Pipes And Pipe Fittings Market Characteristics
3. Plastic Pipes And Pipe Fittings Market Trends And Strategies
4. Plastic Pipes And Pipe Fittings Market – Macro Economic Scenario
5. Plastic Pipes And Pipe Fittings Market Size And Growth
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26. Africa Plastic Pipes And Pipe Fittings Market
27. Plastic Pipes And Pipe Fittings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Plastic Pipes And Pipe Fittings Market
29. Plastic Pipes And Pipe Fittings Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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