Over the past few years, the global PVC pipes market has witnessed moderate growth. This can be accredited the advantageous properties of PVC pipes such as flexibility, durability, cost-efficiency, non-toxicity, inert nature and resistance to corrosion.

A new research report by IMARC Group, titled “PVC Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” estimates that the global PVC pipes market reached a volume of around 23 Million Tons in 2018, growing at a CAGR of more than 5% during 2011-2018. PVC pipes are manufactured by the extrusion of a blend of polymer resin (PVC) and various additives. The manufacturing process of these pipes requires less energy and fewer resources owing to which they are continually replacing counterparts like metal piping systems.