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Increased building need for housing facilities is likely to encourage innovation in the manufacturing of plastic pipes and pipe fittings, boosting the market during the forecast period.

The global plastic pipes and pipe fittings market is expected to grow from $72.52 billion in 2022 to $80.16 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The global plastic pipes and pipe fitting market is expected to reach $115.23 billion in 2027 at a CAGR of 9.5%.

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Global Plastic Pipes And Pipe Fittings Market Segments Include:

• By Type: Polyvinyl Chloride (PVC) Pipes, Polyethylene (PE) Pipes, Polypropylene (PP) Pipes, Other Types
• By Structure: Organized, Un-Organized
• By Application: Residential Fitting, Water Supply, Sewage Systems, Oil and Gas, Heating, Ventilation And Air-Conditioning Systems (HVAC), Manufacturing, Agricultural Applications, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global plastic pipes and pipe fittings market in 2021.

Major Market Players in the plastic pipes and pipe fittings market include Available Plastics Inc., Inline Plastics, Kimplas Piping System Limited, WL Plastics, Applied Plastics Co., Lincoln Plastics, NewAge Industries, Ductile Iron Pipe Manufacturers.

Product innovation is a prevalent trend in the plastic pipes and pipe fitting sector. To maintain their market position, major players in the plastic pipes and pipe fitting market are introducing innovative products. For example, GF Piping Systems, a Swiss piping firm, will begin using bio-attributed materials in all of its market-leading polyvinyl chloride (PVC-U) metric pressure pipes, fittings, and valves manufactured in Europe in November 2021. The sustainable PVC resin, manufactured from tall oil, a waste product from paper production, would reduce CO2 emissions by up to 90% compared to traditional PVC while keeping the greatest quality, durability, and recyclability.

The Plastic Pipes And Pipe Fittings Global Market Report 2023 provides a plastic pipes and pipe fittings market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The plastic pipes and pipe fittings market forecast analyzes plastic pipes and pipe fittings market size, plastic pipes and pipe fittings market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Plastic pipes and pipe fittings are components composed of plastic that are used in plumbing, heating, and industrial applications to transfer fluids and control their flow. They are light in weight, robust, and corrosion resistant.

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