Europe PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Europe PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The European PVC Pipes market size reached 6.3 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 8.2 Million Tons by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.

Polyvinyl chloride (PVC) pipes are continuously replacing the conventional metal pipes owing to their durability, recyclability, low cost, light-weight and ease of installation. Additionally, PVC pipes are also used for electrification purposes due to their electrical and heat insultation. They can also withstand rigorous movements, bending and shaking in earthquake prone areas without damaging. Further, these pipes exhibit resistance to chemicals and high fluid pressure, making them suitable for water supply.

One of the primary factors catalysing the growth of the European PVC pipes market is growth in the construction sector. The construction sector in the European region is growing at a steady rate as the market has recovered after the economic downturn. Both public and private infrastructure and construction projects have resumed and are catalysing the demand for PVC pipes. In addition, there is a major drive in Europe towards sustainable transformation related to materials and systems used in the plumbing sector in the past few years. Copper and other metal pipes are being replaced by plastic piping systems. Moreover, focus on the reduction of operating costs have also boosted the plumbing sector, which has generated a great prospect for PVC pipes as they offer huge performance benefits over metal pipes. Strong economic growth in a number of Central and Eastern European countries and rising housing demand in the region is another major driver of the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe PVC pipes market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on type and application.

Breakup by Type:

Rigid PVC Pipes
Flexible PVC Pipes

Based on type, the market has been segmented as rigid and flexible PVC pipes. Currently, rigid PVC pipes dominate the market, holding majority of the market share.

Breakup by Application:

Sewerage and Drainage
Gas Supply
Industrial
Agriculture
Drinking Water
Others

On the basis of application, sewerage and drainage represent the largest segment.

Breakup by Region:

Germany
Italy
United Kingdom
Spain
France
Others

Region-wise, Germany is the leading market, accounting for majority of the market share. Other major markets include the United Kingdom, France, Italy and Spain.

Import and Export Data
On assessing the import and export scenario of the region, it is found that France and Italy are the biggest importer and exporter of PVC pipes, respectively.

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.

This report provides a deep insight into the European PVC pipes industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, country-wise breakup, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the European PVC pipes industry in any manner.

Key Questions Answered in This Report
1. What was the size of the Europe PVC pipes market in 2022?
2. What is the expected growth rate of the Europe PVC pipes market during 2023-2028?
3. What are the key factors driving the Europe PVC pipes market?
4. What has been the impact of COVID-19 on the Europe PVC pipes market?
5. What is the breakup of the Europe PVC pipes market based on the type?
6. What is the breakup of the Europe PVC pipes market based on the application?
7. What are the key regions in the Europe PVC pipes market?