India PVC Pipes Market Performance and Outlook to 2027

Overview

Executive Summary

Market Performance
There are almost 40 million tons of PVC are produced every year however, its application is limited to small and medium water nets, with pressure ranging up to PN 16 bar, due to material brittleness and low impact resistance restrictions.

Whereas in large water nets of PN 16 bar and higher, ductile iron pipes are used and due to erosion these pipes are not durable for long thus the need of improvement in PVC pipes arose. The plumbing pipe segment will be comparatively less affected, led by the adhesive segment, while categories like wood panel, tile, and sanitaryware will likely face more growth pressures due to the Covid pandemic.

Key Constraints
The integration in the PVC pipe market is expected to accelerate. With limited supply and rising PVC resin costs, the regional and unorganized players are expected to face significant sourcing and working capital challenges in the coming years.

While leading market players are expected to enjoy expansion as market is moving towards organized segment wherein small players are getting merged with large players to recover the losses and financial crunches caused by slow demand and supply after the virus hit the country. According to AIPMA, price hikes have aggravated working capital and financial problems caused by the emerging Covid-19 pandemic. Because of the reduced demand generated by the coronavirus, it is difficult to increase finished product costs.

Government Measures
The government has also taken steps that will drive PVC pipe demand with its initiatives such as Jal Jeevan Mission Urban scheme, which aims to provide a uniform water supply in all 4378 urban local bodies with  2.86 crore household tap connections, as well as liquid waste management in 500 AMRUT cities.

Scope of the Study
The research report titled "India PVC Pipes Market Performance and Outlook to 2027" published by Makreo Research and Consulting Firm discusses market performance in past and future expected changes in the market. It also discusses the economic performance of India during pre-COVID-19 and Post outbreak and its impact over the PVC market.

The performance of the Organized and Unorganized segments has also been discussed which will help the reader to understand the scope of the organized players. PVC-U , Plasticized and C PVC have been studied with assessing revenue performance in the past and in future. The Market Dynamics section helps to understand industry trends and key challenges present in the industry. 

Key Players Discussed in the Report:
 Ashirvad Pipes, Astral Poly Technik Ltd, Finolex Industries Ltd, Ori-Plast Ltd, Prince Pipes and Fittings Ltd, Captain Pipes Ltd, Jain Irrigation Systems Ltd , Kankai Pipes & Fittings Pvt Ltd

Key Questions Answered:

• The report helps to understand the past & present performance of PVC pipes industry in India with the help of PVC demand vs capacity.
• An in-depth analysis of current scenario during the outbreak and its impact over the industry has been discussed in the report.
• The report helps to assess the impact of internal and external factors over the present as well as the future market performance.
• Report help to understand the market by segmentation including by organized PVC market vs Unorganized PVC market, Market by Type, and market by Application.
• Report helps to gain insights on shifts that happen after the virus outbreak and future expected performance considering micro and macro industry scenario.