November 20, 2023 03:15 ET | Source: Rationalstat LLC Rationalstat LLC
Wilmington, Delaware, Nov. 20, 2023 (GLOBE NEWSWIRE) -- India PVC Pipes Market value is estimated at US$ 3.41 Billion in 2022 and is expected to grow at a significant CAGR of over 7.2% over the forecast period of 2023-2030, according to the latest market report by RationalStat Well Pipe
Market Definition, Market Scope, and Report Overview
PVC pipes, or polyvinyl chloride pipes, are a type of plastic pipe commonly used in the construction industry for conveying fluids. PVC is a versatile and durable material known for its corrosion resistance, cost-effectiveness, and ease of installation. PVC pipes find extensive use in various applications, including water supply, irrigation, sewage systems, plumbing, and chemical transportation.
PVC pipes have a long lifespan and are resistant to corrosion and chemical degradation. Their durability makes them suitable for underground and above-ground applications, contributing to their popularity in construction projects across India.
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India PVC Pipes Market: Segmental and Market Share Analysis
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Competition Analysis and Market Structure
Some prominent players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the India PVC pipes market include,
Some of the prominent players and suppliers operating and contributing significantly to the India PVC pipes market growth include Supreme Industries, Jain Irrigation, Astral Pipes, Vectus Industries, Dolphin Polyplast, Ambition Pipes, Star Plastics, FineFlow Plastic Industries, Ashirvad Pipes, Finolex Industries, Prince Pipes, Apollo Pipes, Modigold Pipes Private Ltd, Elegant Polymers, Tirupati Polyflex, Ocean Pipes & Fitting LLP, Prayag pipes, Skipper Pipes, and Koemmerling, among others.
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RationalStat has segmented the India PVC pipes market based on type, diameter, application, end user and region
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Key Questions Answered in the PVC Pipes Report:
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RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
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