List of Profitable Projects on Pipe & Tubes Production.

Manufacturing of HDPE Pipe, ERW Pipes, Aluminium Collapsible Tubes, Saw Pipes, PVC Pipes, UPVC Pipes, PPR Pipes, RCC Pipes, GI Pipes, Stainless Steel Tubes & Pipes, Plastic Collapsible Tubes, Seamless Tubes, API Tube, Paper Cones & Tubes, OCTG Tube, Salt Glazed Stoneware Pipes

The Indian Pipe Industry has been showing rapid growth since past several years and the major reasons for the growth of this industry is increasing demand for pipes in the irrigation sector, oil and gas sector and also the real estate industry. The demand for steel pipes such as seamless pipes, HSAW, LSAW pipes is increasing as the need for oil and gas transportation in India is growing. The demand for plastic pipes such as PVC and CPVC is also increasing as these pipes are better in quality and durability. Infrastructure development, urbanization and the subsequent development of residential and industrial construction are facilitating the growth of the pipe industry in India.

The Indian PVC pipes and fittings industry has witnessed remarkable growth in terms of production capacity over the last 5 years. The major end users for PVC pipes and fittings in India are housing, irrigation and water infrastructure. Agricultural sector accounts for major demand of PVC pipes in India. PVC pipes and fittings industry in India mainly includes rigid PVC, flexible PVC and chlorinated PVC pipes and fittings.

The Indian PVC pipes and fittings industry, which comprises of segments such as RPVC, PVC and CPVC pipes and fittings has grown significantly over the last few years due to the increase in the demand from irrigation sector on account of the burgeoning population and uncertain weather conditions in the country.

“PVC pipes will gradually replace conventional piping systems in the market due to their lower cost and higher durability. CPVC pipes are expected to register fastest growth in terms of the production capacity in the next 5 years from FY’2015-FY’2020. Rising acceptance of CPVC pipes over galvanized or PVC pipes will lead to the growth in the future. The organized segment of the market is predicted to grow at a faster rate in the coming years with shifting preferences towards branded and quality products being witnessed in the domestic market.

Future growth of India PVC pipes and fittings Market is expected to be led by rapidly increasing population leading to increased demand for agricultural production, expanding housing sector and significant role played by the government in the development of irrigation infrastructure and real estate sector in the country.

PVC pipes and fittings market in India has witnessed constant incline in terms of volume of PVC pipes and fittings produced, year on year. The exports of PVC pipes and fittings in India have witnessed healthy traction in terms of growth as observed over the past few years. India continues to maintain its leading position as the net exporter of PVC pipes and fittings across the world. The availability of cheap labor and low processing costs has made India a manufacturing hub for PVC pipes and fittings with several multinationals setting up their manufacturing facilities in the country. The export market for PVC pipes in India has grown considerably over the years due to the country’s competence in low cost manufacturing and technically trained manpower.

Global PVC Pipe Market size was valued at $54,246 million in 2015, and is anticipated to grow at a CAGR of 6.7% to reach $85,565 million by 2022. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. It is beneficial over other materials owing to its chemical resistance, durability, low cost, recyclability, and others; thus, it can replace wood, metal, concrete, and clay in different applications. Piping and piping systems are a major application of PVC resin. PVC pipes are manufactured by extrusion method in a variety of dimensions such as solid wall or cellular core construction. These are corrosion resistant, cost-effective, flame resistant, and easy to install & handle, and environmentally sound, with long service life.