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The global plastic pipe fitting market industry was valued at USD 35.72 billion in 2022 and is expected to grow at a CAGR of 5.3% to become a USD 51.54 billion market by 2029
Plastic Pipe Fittings Market Overview:
Plastic Pipe Fittings Market analysis provides a comprehensive competitive view, including the market share and company profiles of the major rivals in the global industry. The scope of the research covers a thorough examination of the Plastic Pipe Fittings market size as well as the reasons for variations in the growth of the industry in different countries.
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Market scope:
This research study relies heavily on secondary sources, directories and databases, such as annual reports, press releases, magazines, company websites and databases, to find and collect relevant excerpts.
Segmentation:
by product type Elbows
Relationships
Tees
adapter
valves
connective
Others
according to the Material
PVC (polyvinyl chloride)
CPVC (Polyvinyl Chloride)
PP (polypropylene)
PE (Polyethylene)
ABS (Acrylonitrile Butadiene Styrene)
Others
PVC (polyvinyl chloride):
PVC is a widely used material for plastic pipe fittings due to its cost effectiveness, durability and corrosion resistance. It finds applications in hydraulic systems, irrigation and water supply. Market drivers for PVC fittings include the growing demand for affordable and easy-to-install plumbing solutions, particularly in residential construction. Key players in this segment include Georg Fischer Ltd., Aliaxis Group and Astral Poly Technik Limited. Market trends include the adoption of sustainable PVC formulations and the development of lead-free PVC equipment.
CPVC (chlorinated polyvinyl chloride):
CPVC is a variant of PVC that has been chlorinated for increased heat resistance and high pressure handling capabilities. Commonly used in hot water plumbing systems, industrial applications and fire sprinkler systems. Market drivers for CPVC fittings include growth in construction activities, particularly in commercial buildings and industrial facilities. Key players in this segment include Astral Poly Technik Limited, Georg Fischer Ltd. and Charlotte Pipe and Foundry Company. Market trends include the development of CPVC fittings with improved chemical resistance and fire performance.
PP (polypropylene):
Polypropylene is a versatile plastic material known for its high chemical resistance and temperature tolerance. It is used in a variety of applications, including hydraulics, chemical processing, and industrial fluid transportation. Market drivers for PP fittings include increasing demand for chemical resistant piping systems and increasing industrial manufacturing activities. Key players in this segment include Georg Fischer Ltd., Uponor Corporation and Aliaxis Group. Market trends include the development of PP equipment with increased strength and improved joining technologies.
PE (Polyethylene):
Polyethylene is a lightweight and flexible plastic material known for its excellent chemical resistance and low cost production. It is widely used in water supply systems, irrigation and gas distribution networks. Market drivers for PE equipment include growth in infrastructure development projects, particularly in developing economies. Key players in this segment include Uponor Corporation, Georg Fischer Ltd., and Astral Poly Technik Limited. Market trends include the adoption of PE equipment with improved fusion joining techniques and the development of high-density polyethylene (HDPE) equipment for demanding applications.
ABS (Acrylonitrile Butadiene Styrene):
ABS is a durable and impact-resistant plastic material commonly used in drainage systems, ventilation and industrial applications. It offers good mechanical properties and chemical resistance. Market drivers for ABS equipment include the demand for efficient drainage systems in residential and commercial buildings. Key players in this segment include Georg Fischer Ltd., Astral Poly Technik Limited and Charlotte Pipe and Foundry Company. Market trends include the development of environmentally friendly ABS formulations and the integration of ABS devices with noise reduction functions.
by Application
Hydraulic systems
Irrigation Systems
Water supply systems
Chemical processing
HVAC (Heating, Ventilation and Air Conditioning)
Mining
Others
from the end-use industry
Builder (residential, commercial and industrial)
Agriculture
CHEMICAL
Oil and gas
Water and Wastewater Management
Mining
pharmaceutics
Others
from the Distribution Channel
Direct sales (manufacturer to end user)
Distributors/Wholesalers
Online retailers
Others
Key players:
The whole method involves an examination of the financial ratios of the main market players. After estimating the overall market size, the market was segmented into several divisions and sub-segments and validated by leading industry professionals and marketing executives. The major players in the Plastic Pipe Fittings market are as follows:
1. Georg Fischer Ltd. (Switzerland)
2. Aliaxis Group (Belgium)
3. Astral Poly Technik Limited (India)
4. Uponor Corporation (Finland)
5. Charlotte Pipe and Foundry Company (United States of America)
6. Tigre SA (Brazil)
7. National Plastic Factory (United Arab Emirates)
8. Polypipe Group PLC (United Kingdom)
9. IPEX Inc. (Canada)
10. JM Eagle Company, Inc. (United States)
11. Wavin NV (Netherlands)
12. Advanced Drainage Systems, Inc. (United States)
13. Dura-Line Holdings, Inc. (United States)
14. Vinidex Pty Ltd. (Australian)
15. Mueller Water Products, Inc. (United States)
16. Radius Systems Ltd. (United Kingdom)
17. Plasson Ltd. (Israel)
18. Georg Fischer Piping Systems LLC (United States of America)
19. Plastika AS (Czech Republic)
20. HDPE Pipe & Fittings (Pty) Ltd. (South Africa)
21. Pipelife International GmbH (Austria)
22. JM Eagle Europe (Belgium)
23. AGRU Kunststofftechnik GmbH (Austria)
24. Plastibell SpA (Italy)
25. Thai Pipe Industry Co., Ltd. (Thailand)
Regional analysis:
The regional analysis description of the Plastic Pipe Fittings market also contains individual variables influencing the market and changes in market regulations influencing current and future market trends. Current and future trends are reviewed to assess overall market potential and identify profitable trends to gain a more stable footing. The geographic assessment of the market is based on the current environment and forecasted trends.
Analysis of the impact of COVID-19 on the plastic pipe fitting market:
The end-user industries where the plastic pipe fitting industry is used had an increasing decline from January 2023 to May 2023 in several countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decline in the revenue of businesses operating in these industries and, as a result, in the demand for plastic pipe fitting manufacturers, affecting the growth of the plastic pipe fitting market in 2023. With blockages and a increase in cases of COVID-19 all over the world, end-user business demand for plastic pipe fitting has dropped dramatically.
Key questions answered in the Plastic Pipe Fittings market report are:
- Which segment held the largest share in the plastic pipe fitting market in 2023?
- What is the competitive landscape of the plastic pipe fitting market?
- What are the key drivers assisting the growth of the Plastic Pipe Fittings market?
- Which region holds the maximum weight in the plastic pipe fitting market?
- What will be the Plastic Pipe Fitting market CAGR during the forecast period (2023-2029)?
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