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The plastic pipes industry has seen continuous innovation in order to make it suitable for different purposes. The plastic pipes and fittings market has seen growing demand in the last five years due to various properties of plastic pipes such as flexibility, corrosion resistance, easier installation, lower maintenance and lesser cost as compared to that of traditional material pipes. The potable water supply sector has seen increasing usage of plastic pipes. Adding to this, providing drinking water through plastic pipes involves avoiding water loss and protecting the water quality from potential pollution. Furthermore, they combine the advantages of longevity and durability with ease of installation and handling. They offer a long-term cost-effective solution. Plastic pipe systems used for the distribution of drinking water outside of buildings are mostly made from PVC-U and PE. European countries have been investing to develop the wastewater and drainage infrastructure. Several major projects for sewage and drainage sector were undertaken during 2016 including Blackburn Meadows Wastewater Treatment plant Upgrade, UK (2016), Ringsend Wastewater Treatment Plant Upgrade Project, Ireland ( 2016), Henriksdal Wastewater Treatment Plant, Sweden (2016) and many others. The plastic pipes market has seen the largest demand from the sewage and wastewater treatment sector.

Furthermore, due to adoption of latest irrigation techniques such as drip irrigation, sprinklers and others, the demand for plastic pipes in the agriculture sector has grown in the last five years owing to peculiar characteristics. Plastic pipe based agriculture system can provide effective solutions for growing crops by cutting cost and preventing water wastage. The condition of the construction sector has a major impact on the demand for plastic pipes. The construction output growth seems to be very positive due to the massive influx of migrants in Western European countries such as Germany, Netherlands which will result in the higher need for housing. The Eastern Europe saw a strong performance in housing construction due to support from the government. This presented a huge opportunity for the plastic pipes industry as constructing house and infrastructure construction always require plastic pipes. The plastic pipes market has also seen continuous innovation in the last five years which have made plastic pipes more economical and have opened new markets for the industry.   

The report titled “Europe Plastic Pipes and Fittings Market Outlook to 2021 – Growing Sewage Sector and Construction Activities to Foster Future Growth” by Ken Research suggested a robust CAGR of 1.6% in revenue of the Europe plastic pipes and fittings market by 2021with PVC pipes and wastewater renovation projects driving the revenues of this market in the future.

Source: https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/europe-plastic-pipes-fitting-market/126975-97.html

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

• Innovation in the plastic pipes industry has helped the market players in increasing the application of plastic pipes in different sectors. The sewage sector has been the largest end user of plastic pipes in the last five years as European countries took large scale renovation projects. Such projects saw increasing use of plastic pipes replacing the traditional material pipes.
• There have been efforts to make the plastic pipe value chain more sustainable to diminish the health and environmental hazards of using plastic pipes for potable water distribution. VinylPlus is one such initiative which aims to reduce the lead consumption in the manufacturing process of plastic pipes.
• The Plastic pipes industry saw increasing demand from the construction sector. The construction sector in the European countries has been recovering. Due to growing population and urbanization, the demand for real estate and civil engineering projects have gone up which have augmented the plastic pipes market. 

European Union has come a long way since the 2008 crisis which affected all the sectors of the economy. The plastic pipes and fittings industry has seen growth in the last five years due to the recovery of construction industry, wastewater management facilities, growing chemical and gas distribution network and cable protection industry which are the major end users of plastic pipes and fittings. This growth was supported by Public and Private Investments. The major drivers have been product innovation which has increased their range of applications in different industries and plastic pipes increasingly replacing the traditional material pipes due to low cost, better quality, corrosion resistance and low maintenance. The industry also faces challenges in terms of stringent government regulations, environmental hazards from use of plastic and developing a sustainable plastic pipe value chain.

Ken Research in its latest study, Europe Plastic Pipes and Fittings Market Outlook to 2021 suggests that Aliaxis, Wavin, Pipelife, Polyplastic group, Uponor Corporation, Plasticos Ferro, Gerog Fischer and Uralite will continue to dominate this space. However, these major players will witness rising competition from small regional players as the macroeconomic condition of Europe continues to recover.

Europe Plastic Pipes and Fittings Market is projected to register a positive CAGR during the period 2016-2021. Falling raw material prices, geographical expansion, widening product portfolio, developing new markets and increase in Public and Private Investment in infrastructure is expected to drive the sales of plastic pipes and fittings in the future.

The report provides information on market size of the Europe plastic pipes and fittings market, market segmentation on the basis of type of material used, application, major countries and usage.

Source: https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/europe-plastic-pipes-fitting-market/126975-97.html

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249