However unsurprisingly, the PVC pipes and fittings market is growing rapidly with the increase in the construction and building sector and significant increase in the disposable income. In addition, the more upgradation and development in the technology of pipes and fittings drive the market growth more effectively. According to the report analysis, ‘India Plastic Pipes And Fittings Market Forecast To 2026 – By Pvc Pipes (Upvc And Cpvc Pipes), By Applications (Irrigation, Sewerage, Water Supply And Plumbing And Borewell Application), By Organized And Unorganized Sector And By Regions’ states that the irrigation and sewerage segment have been the largest end user segments driving growth in India Plastic Pipes and Fittings market. Whereas, the PVC pipe of this market is rising more significantly as the PVC is the third-most broadly manufactured product of synthetic plastic polymer across the globe after the polypropylene and polyethylene. In addition, the government is also focusing on the rural water management operate the demand for PVC pipes in India. Therefore, with the increasing demand the market of pipes and fittings in India going to increase with a large number of organized and unorganized players.
The market of pipe and fitting in India is segmented into UPVC, CPVC, HDPE, LDPE, PPR, PPH pipes and fittings in others and from these the UPVC has accounted for the highest revenue share followed by HDPE pipes and fittings. The foremost growth drivers for the market have been rising sanitation and agriculture segments in India. Moreover, the market of PVC pipes and fittings in India is at its early platform with a huge number of organized and unorganized key players competing for a share in the market and the main growth drivers of the PVC pipes and fittings industry in India have been growing investments in irrigation, housing and sanitation with the schemes such as AMRUT, PMKSY and ALL. Furthermore, the PVC pipes and fittings market in India has been split by types of products into UPVC and CPVC pipes and fittings. Earning from UPVC pipes and fittings has considered for a highest market share due to a broad range of applications sectors and more sensible pricing. Not only has this, the market has also been split by the end-user applications into sewerage, water supply, irrigation and plumbing and bore well applications. Whereas, the irrigation sector had the highest revenue share due to the PVC pipes and Fittings are used broadly in irrigation framework installed in farms and fields all over the country.
On the basis of organizational structure in the market segment the organized sector has the huge share due to the companies prevailing in this sector which have much larger production capabilities. The organized sector companies can also modify their production volume according to the seasonal need. Whereas, on the basis of regions, South India has the highest share across the North India, South India, West India and East India because agricultural advancement is higher in this region.
The Indian PVC pipes and fittings market is segmented with a large number of key players which are competing in the market whereas the Finolex Industries Limited is the main leading player in the terms of revenue generation in the well-organized India PVC pipes and fittings sector. Not only has this, there are numerous key players in this market which includes Ashirvad Pipes Private Limited, Supreme Industries, Astral Poly Technik Limited and others which make the market more competitive and attractive. Therefore, in the coming years it is expected that the India PVC Pipes and Fittings Market will grow with the more focus on establishing wide distribution and dealer networks over the decades.
CPVC Pipes, UPVC Pipes, HDPE Pipes, LDPE Pipes, PPR Pipes, PPH Pipes, Plastic Pipes, PVDF Pipes (Polyvinylidene Flouride), PB (Poly Butylene) Pipes, ABS (Acrylonitrile-Butadiene-Styrene) Pipes, Irrigation, Sewerage, Water Supply and Plumbing and Borewell Application
Finolex Industries Limited, Ashirvad Pipes Private Limited, Supreme Industries Limited, Astral Poly Technik Limited, Prince Pipes and Fittings Private Limited, Jain Irrigation Systems Limited, jay Pipes (Ajay Industrial Corporation Limited), Kisan Mouldings Limited, Captain Pipes Limited, Dutron Polymers Limited, Kankai Pipes and Fittings Private Limited, Miraj Pipes and Fittings Private Limited, Texmo Pipes and Products Limited, Apollo Pipes Limited
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Ankur Gupta, Head Marketing & Communications