Improving Operational Efficiency of PVC pipe and fitting manufacturers, Increasing Government focus on Construction Sector and Increasing Consumption of PVC pipes by Water Infrastructure and Sewerage Sectors were the key factors driving growth in Germany PVC Pipe and Fittings Market.
PVC pipes in Germany are mainly used in the sewage, drinking/potable water, gas supply, cable protection and agriculture industries. These pipes are likely to gain further importance in the upcoming years owing to corrosive resistant nature and long lifecycle of PVC pipes. The positive development of production volumes during the last decade shows that PVC pipe systems in Germany are heading for long-term growth. Manufacturers believe that their material is in a good competitive position and with further development of PVC it is expected to pave the way for innovative of PVC pipe systems that will replace steel pipes, thus creating a wider market for PVC pipes.
It is predicted that the penetration of PVC pipes in wastewater treatment, telecommunication cables and residential sectors will witness a fast increase in the near future owing to the increasing demand. The PVC pipe and fittings industry is highly optimistic from potable water supply segment owing to improvement in technical and economic benefits of PVC pipes. This includes their relatively more cost-effective installation and redevelopment processes which are set to have competitive advantage over other pipe systems. PVC pipes have been witnessing major innovations with the introduction of PVC-O, PVC-M pipes which has aided the overall market growth of Germany PVC pipes and fittings market.
The report titled “Germany PVC Pipe and Fittings Market by type of pipes (Chlorinated PVC Pipe, Regular PVC Pipe, Plasticized PVC Pipe and Fittings), by application (Potable Water Supply, Sewerage, Electrical and Telecommunication Cable Protection Pipes, Chemical Sector, Industrial Sector and Others) – Outlook to 2022” by Ken Research suggested that extensive use of PVC pipes in water applications will result in market growth at a positive CAGR in revenues in Germany PVC pipes and fittings market in next 5 years till 2022.
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Ankur Gupta, Head Marketing