Product Focus - Pipes &Valves - PPR Pipes & Fittings

PPR Pipe Market Size Expected to Further Expand

February 2018

Product Focus - Pipes &Valves - PPR Pipes & Fittings

PPR Pipe Market Size Expected to Further Expand

February 2018
An opportunity analysis of the global water and wastewater pipes market reveals several interesting insights. Firstly, increasing infrastructure development in North America has led to potential growth opportunities in the pressure and drainage pipes market owing to aging infrastructure and increasing replacement of existing pipes. Further, rising demand for water management and water withdrawals for surface and ground water may also impact the growth of the pressure and drainage pipes market. Also, laying of new pipelines along the North America border crossing points of electricity and oil and natural gas pipelines will further fuel the growth of the pressure and drainage pipes market in the region based on a report by Market Research.

Global demand for water pipe is forecast to increase 7.5 percent per year through 2017 to 10.9 billion meters. China alone will account for one-third of the increase, with other industrializing countries in Asia such as India and Indonesia and in the Africa/Mideast region also driving demand. Plastic pipe will be the fastest growing type according to Freedonia. PPR pipe is made of Polypropylene Random Copolymer (PPR-C) type 3, which is approved for the production of pipes according to DIN8078 standards, designed for the transportation of portable hot and cold water distribution system with a really long lifetime. Installation technique is one of the extraordinary properties of PPR pipe as the PPR pipes and fittings are connected and welded by melting. It will be perfectly welded from separate parts and body to interconnected systems without any leakage points. The installation technique and the multifunctional PPR piping system, the welding method and wonderful physical and chemical features make PPR pipes and fittings a Superior and reliable product quality according to Engineering Exchange. With the slowdown in world economic growth, the PPR Pipe industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, PPR Pipe market size to maintain the average annual growth rate of 15.21 percent from USD5100 million in 2013 to USD 7800 million in 2016, Market analysts believe that in the next few years, PPR Pipe market size will be further expanded, we expect that by 2021, The market size of the PPR Pipe will reach USD19600 million according to SATPRNEWS. PPR Pipe industry drives a strong trend of R&D investments in PPR Pipe industries. Other growth drivers include the need to curtail costs, growth and increased use of shifting commodity prices, strength of private label brands and increased competition from players in PPR Pipe market. The PPR Pipe market has various key segments based on Product Type Level, Industry Level and Channel Level. The regional distribution of PPR Pipe industries is across the globe are considered for this market analysis, the result of which is utilized to estimate the performance of the International market over the period from 2017 to forecasted year. PPR Pipe Market in World, presents critical information and factual data about PPR Pipe Industry, with an overall statistical study of this market based on market drivers, market limitations, and its prospects. The widespread trends and opportunities are also taken into consideration in PPR Pipe Market study. The product range of the PPR Pipe industry is examined based on their production chain, pricing of products and the profit generated by them.

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