China Plastic Pipe Market Outlook to 2027F

China Plastic Pipe Market Outlook to 2027F

The report provides a comprehensive analysis of the potential of plastic pipes industry in China. 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 end user applications, by types of pipes and by type of market structure; 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 China Plastic Pipes Market which grew from approximately USD ~ Bn in 2017 to approximately USD ~ Bn in 2022 is forecasted to grow further into USD ~ Bn opportunity by 2027F, owing to the favorable government initiatives, technological advancement and rising infrastructural projects.

The demand for plastic pipes and fittings is highly correlated with the investment of government on infrastructural, mining and agricultural activities and the demand for house dwellings in the country.

Improvements in technology and plastic materials have helped plastic pipe increase its share in energy, agriculture, and industrial sectors in China.

Key Trends by Market Segment:

By Type of Pipe:

PE pipes had the largest market share. PVC pipes had second biggest market share as these types of pipes are less costly compared to PE pipes and are widely used in various sectors such as water pipelines and sewage pipelines. It has been witnessed that PVC has been mainly substituted by PE pipes in various application, which resulted in PE pipes gaining significant market share in the overall market.

By End User Application

Plumbing and civil application has comparatively higher market share due to large scale of real estate construction undertaken by the private sector in China. Mining, Chemical and Oil sectors are widely present in China owing to which, these industries contributed a significant share in the demand for plastic pipes and fittings in the country.

Competitive Landscape

In China Plastic Pipes Market there are about ~ players operating in the overall market, and top players accounted ~% share in the market in terms of revenue. The major parameters on which these players for competing quality of the products and product availability in the wholesale, price, retail outlets and product customization at the time of bulk orders.

Future Outlook

The China Plastic Pipes Market is projected to show a significant growth, to contribute USD ~ Bn by 2027F with technological advancement and rapid urbanization The growth rate is anticipated to increase over the period with surge in more substitutes in market along with government incentives and policies.

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