- Increasing population backed with increasing construction activities in the country will promote demand of PVC pipes and fittings in Germany.
- PVC pipe and fittings market in Germany has been driven by significant rise in exports coupled with huge demand in wastewater treatment and sewerage sectors.
PVC pipes in Germany dominated the overall plastic pipe market in terms of consumption with an expected market share of more than 50% during 2017. Germany Pvc Pipe and fittings market is set to show promising growth over the next five years on account of high demand from residential, commercial, industrial and water infrastructure sectors. The strategic central location of Germany in the continent of Europe gives it the advantage of easier access to the neighboring countries and to all parts of the PVC pipes and fittings industry value chain. Increasing consumption in the domestic as well as foreign market coupled with increasing use of PVC pipes in wastewater treatment have driven Germany PVC pipes and fittings market.
The industry has been making efforts to make the PVC pipe value chain more sustainable to diminish the health and environmental hazards of using PVC pipes for potable water distribution. The construction sector in Germany has witnessed growth in recent years which has resulted in increasing demand from residential and infrastructure sectors in the country. PVC pipes in Germany have witnessed huge acceptance in agriculture, district heat, and environmental protection & cable conduits sectors which have aided the overall market growth. The PVC pipe market in Germany is expected to grow on account of increasing population, enhanced construction activities and increasing recycling activities for PVC pipes in upcoming years.
PVC Production in Germany, PVC Resin Consumption in Germany, Polymer Production in Germany and Number of Residential Units are some other key factors that may have positive impact on the market, according to the Analyst at Ken Research.
Ken Research in its latest study, Germany PVC Pipe and Fittings Market by type of pipes (Chlorinated PVC Pipe, Regular PVC Pipe, Plasticized PVC Pipe and Fittings), by application (Potable Water Supply, Sewerage, Electrical and Telecommunication Cable Protection Pipes, Chemical Sector, Industrial Sector and Others) – Outlook to 2022, suggests that demand for PVC pipes in the market will grow at a an anticipated positive growth rate majorly owing to rising exports from the Germany to other European countries.
For more information on the research report, refer to below link:
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Ankur Gupta, Head Marketing
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