Brazil Plastic Pipes Market Outlook to 2027F
The report provides a comprehensive analysis of the potential of plasticPipe industry in Brazil. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
Its market segmentations include by market structure, By Type of Pipes, By Type of PVC Pipes based on Material, By Type of Plain PVC Pipe based on Application, By End User Applications; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Brazil Plastic Pipe Market, the PVC pipes market attained a value of USD ~ billion in 2021. Aided by the escalating demand for the product across agriculture and construction industry, the market is projected to further grow at a CAGR of ~% between 2022 and 2027 to reach a value of USD ~ billion by 2027.
Polyvinyl chloride pipes, also known as PVC pipes, refer to pipes which are made up of a combination of vinyl and plastic. These pipes are extremely strong, durable, tough, and rust proof. These advantages of the product make it applicable across various sectors.
Due to the anti-rotting and anti-wearing properties of PVC pipes, the product is witnessing increasing application in the water management systems of Latin America
With rising internet penetration and ownership of smartphones, it is expected that customers will make bookings online as it is more convenient for bookings with additional discounts and saving time.
Key Trends by Market Segment:
By Type of Pipes (HDPE Pipes and PVC Pipes): PVC pipes segment was observed to dominate Brazil's plastic pipes and fittings market in terms of production volume. The unique properties of PVC such as lightweight, cost effectiveness and a wider range of applications has hex lped this segment with a higher proportionate share. In terms of production value, HDPE pipes segment took a lead over PVC pipes owing to their higher standard price (finished product).
By Type of PVC Pipes based on Material (Plain/Vinyl PVC, CPVC and MPVC): Plain/Vinyl PVC dominated the market by a large margin in terms of production volume. This pipe material is basically used towards recreational use / building, cold water systems, vent systems, and drainage systems. Other segments such as CPVC and MPVC are newly introduced in the market.
Competitive Landscape
Competition stage within the Brazil plastics pipes market was observed to be moderately concentrated along with presence of major players such as Formosa Plastics Corporation, INEOS, Shin-Etsu Chemical Co., Ltd., Westlake Chemical Corporation, Tecnocom, Group Tigre and others who captured a market share in terms of production volume. Companies were observed to compete on the basis of quality, pricing, on-demand availability, after sales service, manufacturing standards and product customization
Future Outlook
The Brazil Plastic Pipe Market is projected to show a significant growth, to contribute ~ Bn by 2027F with PVC Pipes used in plumbing, water supply, irrigation, sewage, oil and gas, and HVAC, among others. These pipes are increasingly replacing others in the market, owing to their durability and accessibility and cost-effectiveness.
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