China Plastic Pipe Market by Type, Size, Growth and Forecast – 2029

 

China Plastic Pipe Market 2021-2029

New study reports "China Plastic Pipe Market 2021 Global Opportunities, Challenges, Strategies and Forecast 2029" have been added on MarketResearchFuture.

Report Details:

This report provides in-depth study of the use of SWOT Analysis i.e. strength, weakness, opportunity and threat to organization. The China Plastic Pipe Market report also provides the in-depth study of major market players, based on the various objectives of an organization such as profiling, product introduction, production quantity, required raw materials, and financial health. organisation.

Drivers and constraints

The fundamental dynamics which are explored in the report have considerable influence on the China Plastic Pipe market. The report studies the market value, volume trends and price history in more detail. In addition to this, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.

Sales of plastic pipes in China reached 2 million tons in 2018, which is expected to increase at a strong CAGR of 7% in 2019-2029. As a new research study from Persistence Market Research (PMR) reveals, China plastic pipe market will thrive mainly on accelerated demand from the construction industry, especially the residential sector.

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The government's efforts in wastewater management and water conservation are contributing significantly to the rise of the Chinese plastic pipe market. Storm and rainwater systems are expected to have strong growth prospects with the Sponge City initiative and other stormwater harvesting projects initiated by regional administrative bodies and city councils.

Key Takeaways - China Plastic Pipe Market Research

• The light weight, superior adaptability and flexible structure of plastic pipes continue to increase their preference over metal and other counterparts, in applications ranging from solid and liquid waste management to HVAC systems.
• The exponential growth of the construction industry, due to the significant increase in smart cities, special economic zones (SEZs) and manufacturing industries, has boosted the demand for plastic pipes in the country.
• The high demand for plastic pipes in water transfer applications such as plumbing and water management systems is expected to explain the growing opportunistic potential of liquid lines, compared to other types of transmission media. .
• The presence of a large number of players in the market has pushed manufacturers to develop low cost but high quality products to maintain their grip on the market.
• Polyvinyl chloride (PVC) and polyethylene (PE) pipes are expected to dominate sales by material type.

The major plastic pipe manufacturers based in China mainly focus on strengthening their sales network in the provinces for better market penetration nationwide. The emergence of new manufacturers has led to a dramatic reduction in product costs, subsequently leading to an improvement in the availability of high quality plastic pipes throughout China.

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Sales skyrocket despite unsustainability buzz around plastics

China accounts for a quarter of the world's plastic production, reflecting the abundant availability of raw materials and the subsequent ease of sourcing them. This has been the predominant factor establishing a solid foundation for the plastic pipe market in China.

Despite serious environmental concerns regarding the use of plastics, it has been observed that plastic remains a preferred choice among pipe manufacturers due to its light weight and cost efficiency compared to other popular choices. Hoses made from non-plastic materials are expensive and more prone to leaks. However, biodegradability and recyclability will remain a major concern, given the serious regulatory implications associated with plastic pipes. Manufacturers are thus innovating with types of sustainable plastics such as polyethylene (PE) and high density polyethylene (HDPE).

High quality and durability remain desirable characteristics

Plastic products are considered to be durable and completely durable, which can be used for transmission for a long period of time. Plastic pipes are inert and are less likely to react to wet and damp conditions. In addition, the extensive corrosion resistance and chemical resistance complement and also improve the life of the pipes.

In addition, plastic pipes are more preferred for underwater sewer work and the assembly of concealed pipelines in buildings as they offer a long life and are less likely to be replaced and repaired, thus making from the assembly of plastic pipes to a maintenance-free system resulting in a significant reduction in the total cost of the assembly. These characteristics are expected to drive the growth of the Chinese plastic pipe market.

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China Plastic Pipe Market: Supplier Overview

The report reveals valuable insights into the competitive scenario of the Chinese plastic pipe market, emphasizing various development strategies of the major market players. Some key players in the market are Na Ya Plastics Corp., China Lesso Group Holdings Ltd., GF Piping Systems Ltd., Rehau, Hebei Dingsu plastic Sales Co., Ltd. and Kunshan Pinhong Rubber & Plastic Co., Ltd. Companies in the plastic pipe market are investing heavily in the R&D of sustainable plastics. The product innovation strategies of the main players are focused on the requirements of the booming residential sector.

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