The Indian market trend for "PVC Pipes"

 

The Indian market potential for PVC pipes is significant, driven by several factors such as increasing urbanization, population growth, and government initiatives to improve water supply and sanitation infrastructure. PVC pipes are a popular choice for various applications, including water supply, irrigation, drainage, and sewage systems. One of the key drivers of demand for PVC pipes in India is the increasing need for water supply and sanitation infrastructure in urban and rural areas. India is experiencing rapid urbanization, and this has led to a surge in demand for PVC pipes in construction projects. The Indian government's initiatives to improve access to water supply and sanitation, such as the Swachh Bharat Abhiyan and Atal Mission for Rejuvenation and Urban Transformation, have also played a significant role in driving demand for PVC pipes. India PVC Pipes Market Overview: The India PVC Pipes Market size was valued at $3,159 million in 2016 and is anticipated to expand at a CAGR of 10.2% to reach $6,224 million by 2023. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. It is beneficial over other materials, owing to its chemical resistance, durability, low cost, recyclability, and others; thus, it can replace wood, metal, concrete, and clay in different applications. PVC pipes are manufactured by extrusion method in a variety of dimensions such as solid wall or cellular core construction. They are corrosion resistant, cost-effective, flame resistant, easy to install & handle, and environmentally sound, with long service life. The consumption of PVC pipes in India is driven by demand from various sectors such as agriculture, construction, infrastructure, and housing. While PVC pipes are used across the country, some states are known to have a higher demand than others. Here are some of the top Indian states consuming PVC pipes: Maharashtra: Maharashtra is one of the largest consumers of PVC pipes in India due to its large population and rapidly growing infrastructure and construction sectors. The state has a high demand for PVC pipes in applications such as water supply, irrigation, and sewage systems. Uttar Pradesh: Uttar Pradesh is another major market for PVC pipes in India due to its large agriculture sector and increasing urbanization. The state has a high demand for PVC pipes in irrigation and water supply applications. Gujarat: Gujarat is a major hub for the manufacturing of PVC pipes and also has a significant demand for PVC pipes in applications such as water supply, irrigation, and housing. Andhra Pradesh: Andhra Pradesh is known for its robust agricultural sector, which drives the demand for PVC pipes in irrigation systems. Tamil Nadu: Tamil Nadu is another state with a high demand for PVC pipes, driven by its large manufacturing sector, infrastructure development, and urbanization. Other states such as Karnataka, Rajasthan, Madhya Pradesh, and Punjab also have a significant demand for PVC pipes, driven by various factors such as agriculture, construction, and infrastructure development. The Indian PVC pipes market is divided into branded and unbranded segments. Branded PVC pipes are those that are manufactured by well-established companies that have a strong brand reputation and offer quality products, while unbranded PVC pipes are those that are manufactured by small and medium-sized enterprises (SMEs) and are sold without a recognized brand name. According to a report by TechSci Research, the branded PVC pipes segment accounted for around 60% of the Indian PVC pipes market in 2020, while the unbranded segment accounted for the remaining 40%. The report suggests that the branded PVC pipes segment is expected to continue to dominate the market in the coming years, driven by the increasing demand for quality products and the preference for branded products among consumers. The branded PVC pipes segment includes well-established players such as Astral Pipes, Supreme Industries, Ashirvad By Aliaxis, Finolex Industries, Jain Irrigation Systems, Prince Pipes, and Kisan Mouldings, among others. These companies have a strong brand reputation and offer quality products, which enables them to compete effectively in the market. The unbranded PVC pipes segment, on the other hand, includes several small and medium-sized enterprises that offer lower-priced products. These products are popular in rural areas and among cost-sensitive consumers. However, the quality of these products may not always be consistent, and they may not offer the same level of after-sales service as branded products. In conclusion, the branded segment of the Indian PVC pipes market is larger than the unbranded segment, and is expected to continue to dominate the market in the coming years. Branded PVC pipe manufacturers offer quality products, a strong distribution network, and after-sales service, which enables them to meet the evolving needs of the Indian market.

Upsurge in the demand for pipes in the irrigation sector and building & construction industry is the major driving factor for India PVC pipes market. Moreover, increased focus of government on rural water management supports the demand for PVC pipes in India. However, availability of substitutes such as HDPE & ABS hampers the growth of the India PVC pipes market. In addition, toxicity of PVC pipes restricts the market growth. Conversely, rise in awareness towards clean water supply in rural areas and increase in investment in the developing regions of the country are anticipated to offer growth opportunities for the market. PVC pipes are applicable in drain-waste-vent (DWV), sewers, water mains, water service lines, irrigation, conduit, and various industrial installations. This report focuses on India polyvinyl chloride (PVC) pipes market by type, which includes chlorinated, unplasticized, and plasticized PVC pipes. Moreover, PVC pipes market analysis includes different type of materials such as PVC resin, stabilizers, plasticizers, lubricants, pigment base, and others. Top Investment Pocket With respect to applications, sewer & drain is the most lucrative segment, followed by water supply, irrigation, plumbing, and others. Significant demand for PVC pipes in various industries and development of infrastructure in the emerging economies are expected to drive the market growth. EPA, REACH, and other regulatory bodies have implemented guidelines for use of PVC material in various industries to control and safeguard the interest of consumers. East India is the major region to drive the demand for PVC pipe products, owing to abundant cultivation of tea. Segment Review Chlorinated PVC pipes (CPVC) is projected to be the dominant segment during the forecast period, owing to their superior properties such as usefulness in handling corrosive fluids at temperature range up to 210°F and low thermal conductivity. They serve the same application as other PVC pipes, but are majorly preferred for high-temperature applications. CPVC pipes can be joined using solvent welding, threading, or flanging.