The report entitled “India Plastic Pipe (UPVC, CPVC, HDPE) Market Outlook, 2027-28 by Bonafide Research, gives a comprehensive detail of the Plastic pipe market of India. The report is segmented into Market size (Value and Volume), pipe material type (UPVC, CPVC, HDPE), pipe size, Application (Irrigation, Water Supply, Sewerage, Plumbing, HVAC), Indian Region (North, West, South, East), for a better understanding. The traditional pipe market had major shares of Galvanised pipes and cement pipes but due to ease of installation and lightweight, low cost and availability, durability, and customized variants acceptance of the plastic pipe is raised.
The market grew historically at nearly 9% during the period from 2016-17 to 2021-22 with increased demand in the construction industry. After approval from the Bureau of Indian Standards to use plastic pipes in drinking water supplies and rising awareness to use the plastic products and their recyclability helps to emerge plastic pipes as a replacement for GI and other pipes. There are many applications based plastic pipes are available in the market and growing demand in those sectors has become the driver for the plastic pipe market in India. In recent years more than 40% of pipes are used for the agriculture sector of UPVC pipe material. Changing trends and market demand drive the market share by material and by application to other directions. The rising demand for plastic pipes in the industrial and construction sector boost the demand for CPVC pipes and HDPE pipes by double than a few years ago. Also, many raw material companies are planning to start new projects to meet this demand for Plastic pipes.
India is one of the fastest-growing economies in the world. Also, demand for piping due to rising population leads to growth in the construction sector (House, Building), development in infrastructure (Railways, Road, Airport, Malls), and application in industries (gas and oil transport) where piping is essential for fluid supplies, ventilation, and drainage system. The GoI has announced several packages for the agriculture and housing sector amounting to Rs 4,760 billion (2.21% of the GDP) since the outbreak of the COVID-19 pandemic. In India, PVC pipe has the largest share used in the agriculture sector. CPVC pipes are emerging as the best substitute for the PFR pipes and DWC HDPE pipes developed application in Infrastructure is booming the Plastic pipe market due to growth in big infrastructure projects like clean river mission, drainage solution in rural and urban areas, telecommunication and electricity network for 5G network, electric railways, and energy transmission. Indian Plastic recycles sector can recycle 99% of rigid PVC pipes which can be further used in product applications like chemical storage, shampoo bottles, and other application. Plastic pipe manufacturers face the biggest challenge of volatile raw material prices and availability. Approximately half of the raw materials are supplied by import material where China and Korea are the biggest suppliers. To regulate the global trade supplies government of India put an additional dumping duty on the CPVC resin. The rising machine capacity of pipe processing and raw material manufacturing show the healthy growth of the Plastic pipe market.
Major India Plastic pipe market shares are captured by organized players is due to consolidate market condition it's going to further increase. Leading players profiled in our report Supreme industries, Ashirvad pipes, Finolex Pipes, Astral Limited, and Prince pipes. We have also covered other leading regional players like Jain irrigation, Caption pipes, Utkarsh India limited, Kriti industries, etc. in our report.
The following aspects are covered in the report India Plastic Pipe Market Outlook, 2027-28:
• Indian Plastic Pipes Market Outlook
• Plastic Pipe Market By Size And By Value
• Plastic Pipe Market By Organised And Unorganised Sector
• UPVC, CPVC & HDPE Market By Value, Volume And Market Share By Application
• Plastic Pipe Market Share By Material, Size, Application, Region And Company
• Sales Channel Analysis, Import-Export Raw Material & Manufacturing
• Pest Analysis, Policies & Regulation, Market Dynamics
• Plastic Pipe Market Trends & Competitive Analysis
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to Plastic pipe industries and other piping accessories industries, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Report Methodology: The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of induction cooktop and electric cooker in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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