Persistence Market Research (PMR) has published a new market study on the Plastic Pipes market that includes the global industry analysis for 2014-2018 and the forecast for 2019-2029. The report specifically addresses plastic pipes used in the construction industry, particularly residential and commercial applications (excluding industrial plant construction). Generally, pipes are used for plumbing, heating and cooling, floor and waste, HVAC (ventilation, air conditioning) and other systems. Other industries such as oil and gas, agriculture, and chemicals also use prominent plastic pipes.
In addition, the report provides a thorough analysis of the Plastic pipe market for the next ten years. The report on Plastic Pipes summarizes macroeconomic factors that may support and affect the growth of the market and forecast factors. The market size corresponded to a turnover of ~ 30 billion US $ in 2018 and is expected to grow at a moderate CAGR of ~ 5% in the period under review, largely influenced by the cyclical development of the construction industry and new product launches.
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