chemicalindustrygrowth

PVC Pipes Market Overview The global PVC pipes market, as per a report by Market Research Future (MRFR) is touted to register a CAGR of 7.13 % during the forecast period (2016-2023). The pvc pipes market has witnessed a tectonic surge over the past few years across the global market. The recent boom in the construction industry, coupled with rapid urbanization are some of the key factors aiding revenue growth of the market. The building and construction industry include commercial, residential, industrial, and commercial sectors. The industry is estimated to expand at a steady pace, and thus the demand for raw materials has increased. Pipes are crucial parts of the building and construction industry and find application in wastewater drainage systems, water pipelines, HVAC systems, gas pipelines, and others. Such factors are likely to promote the market growth across the globe. On the contrary, surge in plastic waste is likely to restrict the market growth across th...