Plastic Pipes Market Analysis

Material (Polyvinyl chloride, Polypropylene, Polyethylene)

By 2036, polyvinyl chloride segment is set to dominate plastic pipe market share of over 55.0% with a growth rate of 6.3% in the forecast period. PVC pipes are known for their exceptional performance and extended lifespan. They offer resistance to corrosion, chemical degradation, and various other uses, ensuring reliable and consistent performance even in challenging environmental conditions.

PVC pipes are suitable for above-ground and underground installations due to their ability to withstand elevated temperatures, fluctuations in pressure, and external forces. These sectors are not only crucial for global economic growth, but they also contribute to 29% of the economy in 2024. Without enough PVC supply, agricultural fields cannot be irrigated, potentially leading to a food supply calamity. Thus, PVC plays a crucial function in this economically significant sector eventually expanding the plastic pipe market.

Application (Irrigation, Water Supply, Sewerage)

The water supply segment in plastic pipe market is anticipated to dominate sales in the forecast period. Plastic pipes are flexible, durable, and corrosion-resistant, making them popular in water delivery systems. In residential, commercial, and industrial infrastructures, polymers (PVC, CPVC, PE, and PEX) pipes convey potable water supply. These pipes are leak-proof and also are resistant to scaling and chemical reactions, extending the life of the plumbing system life compared to conventional metal pipes.

The water supply system's lifespan and safety depend on proper installation and maintenance. Therefore, the companies are expanding their operations in different countries. For instance, on 23 May 2024, Westlake Corporation announced its plan to build molecular -oriented polyvinyl chloride pipe plant at its manufacturing site in Wichita Falls, Texas.

End-Use (Building & Construction, Agriculture, Oil & Gas)

In plastic pipe market, building & construction segment is projected to account for revenue share of more than 70.1% by the end of 2036. Plastic pipes are suitable for several building applications, including constructing residential, commercial infrastructures, HVAC, plumbing, and drainage, due to their strength and rust resistance.

Plastic pipe are a cost-effective choice for construction projects aiming to reduce prices, as they are often cheaper than traditional materials such as metal or concrete pipes. In 2022, 70% of the total polyvinyl chloride (PVC) production in Europe was allocated to the manufacturing of windows, pipes, floors, roofing membranes, and other building items.

Our in-depth analysis of the global plastic pipe market includes the following segments: