Lucintel’s latest market report analyzed that Chinese plastic pipe provides attractive opportunities in potable water supply, wastewater supply, electrical and telecommunication cable protection pipes, agriculture sector, chemical sector, and oil and gas sectors. The Chinese plastic pipe market is expected to reach $60.2 billion by 2027 with a CAGR of 8.4%. In this market, potable water supply is the largest segment by application, whereas PVC pipes is largest by material. Increasing consumption of multilayer plastic pipes in gas distribution, increasing use of large diameter plastic pipes with increasing trenchless technology in construction industry, and usage of customized plastic pipes for various applications provides strategic growth path in this market.
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Based on application, the Chinese plastic pipe market is segmented into potable water supply, wastewater supply, electrical and telecommunication cable protection pipes, agriculture sector, chemical sector, and oil and gas sector. The potable water supply segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing construction activities, rural water management, and renovation in homes for replacement of old metal pipes with plastic pipes.
Browse in-depth TOC on “Chinese Plastic Pipe Market”
26 – Tables
62 – Figures
145 – Pages
The Chinese Plastic Pipe Market is marked by the presence of several big and small players. Some of the prominent players offering Chinese plastic pipe include CHINA LESSO Group Holdings Limited, Yonggao Co. Ltd., Zhejiang Weixing New Building Materials Co. Ltd., Goody Science and Material Co. Ltd., and Cangzhou Mingzhu Plastic Co. Ltd..
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