US PVC Pipes Market Future Opportunities

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US PVC Pipes and Fitting Market Growth
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Accelerations in consumer spending and
homebuilding, Expansion of Oil and Gas Network in
the US and Need to Repair and Replace Aging Water
Pipe Network were the key factors driving growth
in PVC Pipe and Fittings Market. PVC pipe demand
in water distribution, wastewater and plumbing
has increased in the past few years due to the
continued recovery in the construction industry,
along with ongoing public and private sector
investment in a decaying water distribution
infrastructure. Total volume demand for PVC pipe
grew nearly 12 from 2014 to 2015, led by
plumbing (hot and cold water pipe and drainage,
waste, vent pipe) where year-over-year growth was
driven by new housing projects. Demand for PVC
pipe is expected to continue its current growth
trajectory as these products support broad
industry trends, including a mid-cycle housing
market, increasing municipal budgets for ongoing
repair and upgrade of infrastructure projects and
continued adoption of innovative and lower
installation cost methods.
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• The wastewater supply, agriculture and chemical
  sectors have been major growth drivers in PVC
  pipe market in the US. Within the PVC pipe
  market, potable water supply is the largest
  market after wastewater supply applications. The
  growth of residential and commercial construction
  and the boom in infrastructure development has
  spur growth for this segment. Increasing shale
  drilling activity in the US has fueled the demand
  for PVC pipes.  Fall in oil gas prices have
  resulted in economic slowdown but they are
  incidentally increasing the demand for plastic
  pipes across US along with oil gas businesses.
  The market is benefited from growing acceptance
  of large diameter pipes in infrastructure
  applications such as drainage, sewer and water
  transmission.

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Growing focus on new applications such as rain
water harvesting, planned deployment of natural
gas distribution pipelines and construction
activities have further boosted market
growth. The report titled US PVC Pipe and
Fittings Market Outlook to 2022 By Segments
Type of Pipes (Chlorinated PVC Pipe, Regular P VC
Pipe, Plasticized PVC Pipe and Fittings), By
Application (Irrigation, Water Supply, Sewerage,
Plumbing, Chemical Oil and Others) and By
Market Structure (organized and unorganized
market) by Ken Research suggested a growth at a
positive CAGR in revenues in US PVC pipes and
fittings market in next 5 years till 2022.
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For more information on the research report,
refer to below link https//www.kenresearch.com/m
anufacturing-and-construction/machinery-and-parts/
us-pvc-pipe-fitting-market/142279-97.html   Relate
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Demand    Contact Us Ken Research Ankur Gupta,
Head Marketing Communications sales_at_kenresearch.
com91-9015378249
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