Indian Plastic Pipe Market: Trends, Opportunities and Competitive Analysis

Indian Plastic Pipe Market: Trends, Opportunities and Competitive Analysis

Indian Plastic Pipe Market Trends and Forecast

The future of the Indian plastic pipe market looks promising with opportunities in potable water supply, wastewater supply, electrical and telecommunication cable protection, agriculture sector, chemical sector, and oil and gas sector. The Indian plastic pipe market is expected to reach an estimated $10.9 billion by 2027 and is forecast to grow at a CAGR of 10.3% from 2022 to 2027. The major growth drivers for this market are the growth of government infrastructural spending, increasing residential and commercial construction, industrial production, irrigation sector, and replacement of aging pipelines.

Emerging Trends in Indian Plastic Pipe Market

Emerging trends, which have a direct impact on the dynamics of the industry, include usage of anti-microbial plastic pipes to improve hygiene, consumption of CPVC piping systems in various applications of plastic pipes, and increasing consumption of multilayer plastic pipes in gas distribution.

A total of 63 figures / charts and 19 tables are provided in this 139-page report to help in your business decisions. A sample figure with some insights is shown below. To learn the scope of, benefits, companies researched and other details of Indian plastic pipe market report, please download the report brochure. Growth in various segments of the Indian plastic pipe market is given below:

Indian Plastic Pipe Market by Segment

In this market, agriculture sector is the largest application of plastic pipes, whereas PVC pipes are the largest material segment.

The study includes trends and forecast for the Indian plastic pipe market by material and application, as follows:

Indian Plastic Pipe Market by Material [Value ($ Million) from 2016 to 2027]:

• Polyvinyl Chloride (PVC)
• Poly Ethylene (PE)
• Poly Propylene (PP)
• Others

Indian Plastic Pipe Market by Application [Value ($ Million) from 2016 to 2027]:

• Potable Water Supply
• Wastewater Supply
• Electrical and Telecommunication Cable Protection Pipes
• Agriculture Sector
• Chemical Sector
• Oil and Gas Sector

List of Indian Plastic Pipe Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, Indian plastic pipe companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the Indian plastic pipe companies profiled in this report include-

• Supreme Industries Ltd.
• Finolex Industries Ltd.
• Astral Poly Technik Ltd
• Jain Irrigation Systems Limited
• Prince Pipes & Fittings Private Limited

Indian Plastic Pipe Market Insights

• Lucintel forecasts that PVC pipes are expected to witness significant growth over the forecast period supported by growing demand in the potable water, wastewater supply and agriculture sector.
• Within the Indian plastic pipe market, potable water supply, wastewater supply, electrical and telecommunication cable protection pipes, agriculture sector, chemical sector, and oil and gas sector are the major application segments. Agriculture sector is expected to remain the largest application. The growth of residential and commercial construction and the growth in infrastructure development especially in the agriculture sector in India are expected to spur growth for this segment over the forecast period.

Features of the Indian Plastic Pipe Market

• Market Size Estimates: Indian plastic pipe market size estimation in terms of value ($M) and volume (KT).
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments.
• Segmentation Analysis: Indian plastic pipe market size by various segments, such as application and material.
• Growth Opportunities: Analysis on growth opportunities in different applications and materials for Indian plastic pipe market.
• Strategic Analysis: This includes M&A and competitive landscape for the Indian plastic pipe market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the Indian plastic pipe market size?

Answer: The Indian plastic pipe market is expected to reach an estimated $10.9 billion by 2027.

Q2. What is the growth forecast for Indian plastic pipe market?

Answer: The plastic pipe market is expected to grow at a CAGR of ~10% from 2022 to 2027.

Q3. What are the major drivers influencing the growth of the plastic pipe market?

Answer: The major growth drivers for this market are the growth of government infrastructural spending, increasing residential and commercial construction, industrial production, irrigation sector, and replacement of aging pipelines.

Q4. What are the major applications or end use industries for plastic pipes?

Answer: Potable water supply, wastewater supply, electrical and telecommunication cable protection pipes, agriculture sector, chemical sector, and oil and gas sector are the major application segments for plastic pipes in India.

Q5. What are the emerging trends in the Indian plastic pipe market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include usage of anti-microbial plastic pipes to improve hygiene, consumption of CPVC piping systems in various applications of plastic pipes, and increasing consumption of multilayer plastic pipes in gas distribution.

Q6. Who are the key Indian plastic pipe companies?

Answer: Some of the key Indian plastic pipe companies are as follows:

• Supreme Industries Ltd.
• Finolex Industries Ltd.
• Astral Poly Technik Ltd.
• Jain Irrigation Systems Limited
• Prince Pipes & Fitting Private Limited

Q7.Which will be the largest material segment of the Indian plastic pipe market in the forecast period?

Answer: Lucintel forecasts that PVC pipes are expected to witness significant growth over the forecast period supported by growing demand in the potable water, wastewater supply and agriculture sector.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1 What are some of the most promising growth opportunities for the Indian plastic pipe market by material [PVC (Poly Vinyl Chloride) pipes, PE (Poly Ethylene) pipes, PP (Poly Propylene) pipes, and others] and application (potable water supply, wastewater supply, electrical and telecommunication cable protection pipes, agriculture sector, chemical sector, and oil and gas sector)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the key factors affecting market dynamics? What are the drivers and challenges of the Indian plastic pipe market?

Q.4 What are the business risks and threats to the Indian plastic pipe market?

Q.5 What are emerging trends in the Indian plastic pipe market and the reasons behind them?

Q.6 What are some changing demands of customers in the Indian plastic pipe market?

Q.7 What are the new developments in the Indian plastic pipe market? Which companies are leading these developments?

Q.8 Who are the major players in the Indian plastic pipe market? What strategic initiatives are being implemented by key players for business growth?

Q.9 What are some of the competitive products and processes in the Indian plastic pipe market, and how big of a threat do they pose for loss of market share via material or product substitution?

Q.10 What M&A activities did take place in the last five years in the Indian plastic pipe market?

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