Project Report For PVC pipe
Project report for PVC pipe is as follows.
After polypropylene and polyethene, polyvinyl chloride is one of the most popular plastic commodities. They are well-known for their great tensile strength, resilience to severe temperatures, ductility, and corrosion resistance.
Because of their ease of installation, lightweight, and minimal maintenance, these pipes have seen high demand in recent years. PVC pipes are widely used in drain-waste-vent (DWV), sewers, conduits, water service lines, water mains, irrigation, and a variety of industrial projects.
One of the primary driving factors in the market is the increasing use of PVC pipes in the construction industry for applications such as water supply, housing and commercial, sewage and drainage, and irrigation.
Furthermore, an increase in demand for PVC pipes in a variety of applications, as well as the good physical qualities of such pipes, stimulates demand for PVC pipes. However, problems such as the toxicity of PVC pipes are projected to limit the development of the PVC market to some degree.
Market potential & Strategy
The Global PVC Pipe Market is predicted to increase at a CAGR of 5.9 per cent to USD 101.62 billion by 2020-2030, from a value of more than USD 58.88 billion in 2019. Growing urbanisation, the desire for bigger and more cost-effective sewage lines, expanding building activities, infrastructure projects, and rising demand in the chemical, oil, and natural gas industries are presently driving the market.
Growing urbanisation, the need for larger and more cost-effective sewage lines, increased construction activity, infrastructure projects, and growing demand in the chemical, oil, and natural gas sectors are currently pushing the market.
PVC pipes are made by extruding a mixture of polyvinyl chloride (PVC) plus numerous additives. In comparison to concrete pipes, the manufacture of PVC pipes requires about four times less energy and incurs reduced raw material losses.
Furthermore, due to PVC’s total recyclability, the environmental impact of these pipes is far lower than that of other piping materials. PVC pipes are used in water systems, underground wiring, and sewage lines as a result of these reasons.
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