PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1391753
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1391753
India PVC Pipes Market, By Type ; By Material ; By Application ; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
India PVC Pipes Market Size Set to Expand at CAGR of 7.21% Reaching USD 269.85 Million by 2029.
India PVC pipes market is flourishing because of the growing government initiatives in construction and increasing agricultural sector.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India PVC pipes market size at USD 177.71 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects India PVC pipes market size to grow at a significant CAGR of 7.21% reaching a value of USD 269.85 million by 2029. Major growth drivers for the India PVC pipes market include an increasing urbanization and industrialization. Notably, the Government of India is actively prioritizing economic development by ramping up investments and launching specific initiatives like Pradhan Mantri Awas Yojana and Pradhan Mantri Krishi Sinchai Yojana, with a strong focus on infrastructure development. These government-led programs are expected to significantly boost the India PVC pipes market. Also, other growth factors for the market include expanded government infrastructure investments, a surge in residential and commercial construction, the growth of industrial production, development in the irrigation sector, and the replacement of aging pipes with more advanced polymer alternatives, particularly CPVC pipes, in applications like hot and cold-water plumbing. Major players in the industry have displayed robust growth, with a substantial increase in PVC pipe production. Government initiatives like "Har Ghar Jal Yojna" and "Jal Jeevan Mission" are set to further drive demand for plumbing pipes and fittings, and the industry is projected to witness continued growth in the years ahead. This positive outlook is underpinned by the government's strong commitment to national development, policy support, and a focus on self-reliance. However, the availability of alternative options and Fluctuating raw material prices are anticipated to restrain the overall market growth during the period in analysis.
PVC Pipes - Overview
PVC pipes are a type of pipes manufactured through the extrusion process using polyvinyl chloride (PVC) raw material. They are recognized for their notable qualities, which encompass high tensile strength, ductility, durability in extreme temperature environments, and resistance to corrosion. These PVC pipes serve a wide range of applications across commercial and industrial sectors, including the chemical industry, electronics, semiconductors, food and beverage, maritime, mining, agriculture, steel processing, and wastewater treatment facilities. Their uses extend to underground potable water supply, sewer and drainage systems, irrigation, medical devices, and more. They are commonly deployed in various infrastructural settings such as banks, healthcare facilities, airports, marine systems, resorts, and office buildings. PVC pipes are also integral components in various pressure systems for building service lines, site utility systems, reclaimed and gray water systems, turf irrigation, and various other applications.
Impact of COVID-19 on India PVC Pipes Market
COVID-19 pandemic adversely affected the India PVC pipes market. The initial lockdowns and disruptions in the supply chain led to a temporary setback in production and distribution. Reduced construction and infrastructure activities during the pandemic's peak affected the demand for PVC pipes. However, as the government initiated various economic stimulus measures and infrastructure development projects, the market gradually recovered. The pandemic also heightened the importance of sanitation and water supply, driving demand for PVC pipes in applications like sewage and potable water systems. Overall, while the market faced short-term challenges, it displayed resilience and adapted to the evolving circumstances.
India PVC Pipes Market - By Material
Based on material, the India PVC pipes market is divided into PVC Resin, Stabilizers, Plasticizers, Lubricant, and Pigment Base segments. The stabilizers segment holds the highest share in the India PVC pipes market by material. UV light and heat can negatively affect PVC molecules, causing their stability to deteriorate. When PVC is exposed to heat, it can break down the polymeric chains and release hydrochloric acid gas, initiating a degradation process that generates corrosive hydrochloric acid and other harmful gases. To prevent this degradation, stabilizers are utilized, often containing metal salts that react with hydrochloric acid to halt further deterioration. Some stabilizers combine multiple metals for protection against UV radiation. Calcium-Zinc-based (Ca-Zn) stabilizers, widely used in both flexible and rigid PVC applications, offer favorable mechanical and electrical properties, clarity, and organoleptic qualities. Stabilizers are essential for enabling PVC pipes to endure outdoor conditions, making them increasingly important in the India PVC pipes market.
Competitive Landscape
Major players operating in the India PVC pipes market include: Finolex Industries Limited, Ori-Plast Limited, Captain Pipes Ltd, Savera Pipes, Apollo Pipes, Prince Pipes and Fittings Ltd, Utkarsh Tubes & Pipes Limited, Dutron Polymers Limited, Kankai Pipes & Fittings Private Limited, and Astral Poly Technik Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India PVC Pipes Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India PVC Pipes Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India PVC Pipes Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growth and expansion of agricultural sector
- 3.2.1.2. Surging government initiatives in the construction sector
- 3.2.2. Restraints
- 3.2.2.1. Presence of alternative options
- 3.2.2.2. Fluctuating raw material prices
- 3.2.3. Opportunities
- 3.2.3.1. Increasing focus on rural infrastructure development
- 3.2.3.2. Increasing infrastructure development
- 3.2.4. Challenges
- 3.2.4.1. Surging environmental concerns
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India PVC Pipes Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Chlorinated
- 4.2.1.2. Plasticized
- 4.2.1.3. Unplasticized
- 4.2.2. By Material
- 4.2.2.1. PVC Resin
- 4.2.2.2. Stabilizers
- 4.2.2.3. Plasticizers
- 4.2.2.4. Lubricant
- 4.2.2.5. Pigment Base
- 4.2.2.6. Others
- 4.2.3. By Application
- 4.2.3.1. Irrigation
- 4.2.3.2. Water Supply
- 4.2.3.3. Sewerage
- 4.2.3.4. Plumbing
- 4.2.3.5. Oil & Gas
- 4.2.3.6. HVAC
- 4.2.3.7. Others
- 4.2.4. By Region
- 4.2.4.1. North India
- 4.2.4.2. South India
- 4.2.4.3. East India
- 4.2.4.4. West India
- 4.2.1. By Type
5. North India PVC Pipes Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Material
- 5.2.3. By Application
6. South India PVC Pipes Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Material
- 6.2.3. By Application
7. East India PVC Pipes Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Material
- 7.2.3. By Application
8. West India PVC Pipes Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Material
- 8.2.3. By Application
9. Competitive Landscape
- 9.1. List of Key Players and Their Offerings
- 9.2. India PVC Pipes Company Market Share Analysis, 2022
- 9.3. Competitive Benchmarking, By Operating Parameters
- 9.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India PVC Pipes Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 11.1. Finolex Industries Limited
- 11.2. Ori-Plast Limited
- 11.3. Captain Pipes Ltd.
- 11.4. Savera Pipes
- 11.5. Apollo Pipes
- 11.6. Prince Pipes and Fittings Ltd.
- 11.7. Utkarsh Tubes & Pipes Limited
- 11.8. Dutron Polymers Limited
- 11.9. Kankai Pipes & Fittings Private Limited
- 11.10. Astral Poly Technik Limited
- 11.11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
- 13.1. Qualitative Research
- 13.1.1. Primary & Secondary Research
- 13.2. Quantitative Research
- 13.3. Market Breakdown & Data Triangulation
- 13.3.1. Secondary Research
- 13.3.2. Primary Research
- 13.4. Breakdown of Primary Research Respondents, By Region
- 13.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India PVC Pipes Segmentation
- Figure 2 India PVC Pipes Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Figure 5 India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Figure 6 India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Figure 7 India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Figure 9 North India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Figure 10 North India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Figure 11 North India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Figure 12 North India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Figure 13 South India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Figure 14 South India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Figure 15 South India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Figure 16 South India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Figure 17 East India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Figure 18 East India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Figure 19 East India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Figure 20 East India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Figure 21 West India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Figure 22 West India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Figure 23 West India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Figure 24 West India PVC Pipes Market Share, By Application, By Value, 2019-2029
List of Tables
- Table 1 India PVC Pipes Segmentation
- Table 2 India PVC Pipes Market Value Chain Analysis
- Table 3 Company Market Share Analysis, 2022
- Table 4 India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Table 5 India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Table 6 India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Table 7 India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Table 9 North India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Table 10 North India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Table 11 North India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Table 12 North India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Table 13 South India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Table 14 South India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Table 15 South India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Table 16 South India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Table 17 East India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Table 18 East India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Table 19 East India PVC Pipes Market Share, By Material, By Value, 2019-2029
- Table 20 East India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Table 21 West India PVC Pipes Market Size, By Value (USD Million), 2019-2029
- Table 22 West India PVC Pipes Market Share, By Type, By Value, 2019-2029
- Table 23 West PVC Pipes Market Share, By Material, By Value, 2019-2029
- Table 24 West India PVC Pipes Market Share, By Application, By Value, 2019-2029
- Table 25 Finolex Industries Limited Company Overview
- Table 26 Finolex Industries Limited Financial Overview
- Table 27 Ori-Plast Limited Company Overview
- Table 28 Ori-Plast Limited Financial Overview
- Table 29 Captain Pipes Ltd. Company Overview
- Table 30 Captain Pipes Ltd. Financial Overview
- Table 31 Savera Pipes Company Overview
- Table 32 Savera Pipes Financial Overview
- Table 33 Apollo Pipes Company Overview
- Table 34 Apollo Pipes Financial Overview
- Table 35 Prince Pipes and Fittings Ltd. Company Overview
- Table 36 Prince Pipes and Fittings Ltd. Financial Overview
- Table 37 Utkarsh Tubes & Pipes Limited Company Overview
- Table 38 Utkarsh Tubes & Pipes Limited Financial Overview
- Table 39 Dutron Polymers Limited Company Overview
- Table 40 Dutron Polymers Limited Financial Overview
- Table 41 Kankai Pipes & Fittings Private Limited Company Overview
- Table 42 Kankai Pipes & Fittings Private Limited Financial Overview
- Table 43 Astral Poly Technik Limited Company Overview
- Table 44 Astral Poly Technik Limited Financial Overview
