India PVC Solvent Cement Market Research Report: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit How India PVC Solvent Market is Positioned? The PVC solvent cement market in India is currently in its early growth stage. The market evolved from core solvent cement manufacturers such as HP International, Weld-on (Astral Poly Technik), Neoseal to plastic pipe manufacturers (Jain Irrigation, Finolex Pipes, Ashirvaad Pipes etc.) which also started manufacturing solvent cement as part of their product portfolio to capture further share in the plastic piping market segment and act as one stop solution for all piping needs for their customers. Though the market is dominated by organized players, the number of solvent cement manufacturers in unorganized segment is very large and they cater to requirements of small time contractors, plumbers who are looking at low cost products. PVC Solvent Cement market in India has grown from INR ~crore in FY’2013 to INR ~crore in FY’2018 at a CAGR of ~%. This growth was driven mainly by the rising demand for PVC plastic pipe and fittings in India. Increase in demand from the agricultural sector for irrigation purposes has been the major source of demand for PVC pipes and PVC solvent cement. As Government of India (GoI) is emphasizing on increasing the net irrigated land in India with several micro irrigation projects, the demand for PVC pipes and solvent cement is bound to increase. The market revenue also increased with added competition from increasing number of companies which entered the market in the recent years with new product variants. India PVC Solvent Cement Market Segmentation By Product Type This segmentation focuses on share of market on the basis of revenue by type of solvent cement in demand. As of FY’2018, the PVC solvent cement had captured the majority of the market share of about ~% owing to PVC pipes being majorly used in the water supply and drainage & sewage in India and generally the diameter of these pipes are large which tends to increase the amount of solvent cement being used in these application. By Market Structure Organised Market accounted for about ~% of the overall market revenue mainly because they have a strong hold in the market owing to their brand value, consistent product quality, and wider distribution base. They are able to attract industrial customers as they are regarded as experts in this field and are able to help the industrial buyers in choosing the correct product for their applications. The construction sector constituted for about ~% of the demand and used vehicles meant for transportation of employees. By Regions India PVC solvent cement is divided into 2 regions namely urban areas and rural areas. In FY’2018, urban region accounted for about ~% in terms of revenue due to higher population as compared to rural regions, owing to increased migration and employment opportunities. Rural region is more inclined towards irrigation and other forms of agriculture which results in higher installation base for PVC pipe and fittings as these pipes are used for water supply, drainage and sewage applications. Competitive Landscape The competition in India solvent cement market has grown over the years, with new companies entering the market. There are large numbers of companies operating in this segment. Companies in this market are competing on the basis of product variants, product quality, certifications and distribution network. Organized sector dominated the market due to consistency in product quality and wider distribution network. Companies in the organized sector also allocate time and resources to build their dealer networks to expand the reach of their products. This is done through promotion, marketing and recommendation based strategies with end user entities such as plumbers, architects, consultants (in agriculture and real estate) and contractors. The major players in the organized PVC solvent cement in India include HP International, Astral Poly Technik Limited (Weld-on and Solvobond), Neoseal, Finolex Industries Limited, Supreme Industries Limited, Ashirvad Pipes Private Limited and Jain Irrigation Systems Limited. PVC Solvent Cement Market Future Outlook and Projections India PVC solvent cement market is projected to increase from INR~ crore in FY’2018 to INR ~ crore in FY’2023 at a CAGR of ~% during the forecasted period. Major growth drivers during this later period will be increased sanitation facilities across Tier 2 cities and semi-urban areas. This will be due to increasing population and personal disposable incomes which will augment the growth of number of housing and residential units. The PVC solvent cement segment will see an increase in their share of fleet over the forecasted period, FY’2018-FY’2023 from ~% to ~% owing to government focusing heavily on investment in farm activities, it is very likely that irrigation network for agricultural lands increases all across the country. Since these systems mainly use PVC pipes and fittings, demand for PVC solvent cement will grow. RERA is likely to affect the market through its impact on the real estate market in India. Construction of real estate units may slow down due to RERA. For more information on the research report, refer to below link:- https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/solvent-cement-pvc-pipes/169159-97.html Related Reports:- https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/india-pvc-pipes-fittings-market-research-report/561-97.html https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/india-plastic-pipes-fittings-market-forecast-2026-/154988-97.html https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/europe-plastic-pipes-fitting-market/126975-97.html https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/uk-pvc-pipe-market/142295-97.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Astral Poly Technik Limited Solvent Cement, Competition PVC Solvent Cement Market, Finolex Solvent Cement Market Share, Future Solvent Cement India, HP International Solvent Cement Revenue, India CPVC Solvent Cement Market, India Plastic Pipe Solvent Cement Revenue, India PVC Solvent Cement Growth, India PVC Solvent Cement Industry, India PVC Solvent Cement Industry Research Report, India PVC Solvent Cement Market, India PVC Solvent Cement Market Research Report, India PVC Solvent Cement Market Size, India PVC Solvent Cement Revenue, India Solvent Cement for PVC Pipes Market, India UPVC Solvent Cement Industry, Industry Research Report For India PVC Solvent Cement Market, Major Players India PVC Solvent Cement, Market Share of PVC Solvent Cement Manufacturers, Plastic Pipe Adhesives Market India, PVC Solvent Cement Competition India, PVC Solvent Cement Growth In India, PVC Solvent Cement Industry In India, PVC Solvent Cement Manufacturers India, PVC Solvent Cement Market In India, Supreme Industries Solvent Cement Market Share