PPR Pipes market is expected to grow at a CAGR of around 5.25% during the forecast period of 2023-2028 and was valued at around INR 250 million in 2021. As per the research done by RationalStat, PPR pipes hold a very minimum share of around 4.5% share of the overall plastic pipes market in India.
Market Scope and Report Overview
According to a deep-dive market assessment by RationalStat, the Indian PPR pipes market has been analyzed on the basis of market segments including diameter, application, end user, and geography/regions (incl. North India, West and Central India, East India, and South India). The report also offers Indian and regional market sizing for the historical period of 2019-2022 and the forecast period of2019-2028.
Market intelligence for the Indian PPR pipes market covers market sizes on the basis of market value (US$/EUR Million) and volume (‘000 units/tons/liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
In addition, the long-term sector and products/services 10-year outlook and its implications on the regional and the Indian PPR pipes market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Period Covered include data for 2019-2028 along with year-wise demand estimations
The PPR pipes market report analyzes the market on the basis of Indian economic situations, regional geopolitics, import-export scenarios, trade duties, market developments, organic and inorganic strategies, mergers and acquisitions, product launches, government policies, new capacity addition, technological advancements, R&D investments, and new market entry, replacement rates, penetration rates, installed base/fleet size, Indian and regional production capacity, among others.
RationalStat offers market analysis and consulting studies on the basis of dedicated and robust desk/secondary research supported by a strong in-house data repository. In addition, the research leverages data based on the real-time insights gathered from primary interviews. Market estimations and insights are based on primary research (covering more than 240 entities) and secondary research by leveraging international benchmarking.
The Indian PPR pipes market report also covers value chain and supply chain analysis that provides in-depth information about the value chain margins and the role of various stakeholders across the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.
In the competition analysis section, the Indian PPR pipes market provides a detailed competition benchmarking analysis based on the market share of the leading companies/brands/producers/suppliers, a market structure overview with detailed company profiles of more than 25 players with their financials, product/service offerings, major developments, business models, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.
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Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment
In the latest RationalStat analysis, geopolitical conflicts and inflation are the cited economic risks, while concerns about the volatility across energy sectors prevail in Europe and other parts of the world. Some of the potential risks to the economic growth in the leading regions, including North India, West and Central India, East India, South India, and other developing regions, are inflation, volatile energy prices, supply chain disruptions, geopolitical instability, labor shortages, rising interest rates, and COVID-19 pandemic.
The Indian economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdued growth, while other countries continued to grapple with economic slowdowns. The COVID-19 pandemic has levied undue pressure across the majority of industries Indianly and has caused a major economic crisis in the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and many others. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened Indian uncertainty.
In addition to this, the Indian economic growth slowed in 2022 to 3.3%, weaker than expected at the end of 2021, mainly weighed down by Russia’s war in Ukraine and the associated cost-of-living crisis in many countries. However, improvement in economic activities during the forecast period is expected. Growth is projected to remain at lower rates in 2023 and 2024, at 2.6% and 2.9% respectively.
Competition Analysis and Market Structure
Some of the prominent players that contribute significantly to the PPR pipes market growth include Supreme Industries, Jain Irrigation, Astral Pipes, Vectus Industries, Dolphin Polyplast, Ambition Pipes, Star Plastics, FineFlow Plastic Industries, Ashirvad Pipes, Finolex Industries, Prince Pipes, Apollo Pipes, Modigold Pipes Private Ltd, Elegant Polymers, Tirupati Polyflex, Ocean Pipes & Fitting LLP, Prayag pipes, Skipper Pipes, and Koemmerling among others.
RationalStat has segmented the Indian PPR Pipes market based on diameter, application, end user, and region.
- Indian PPR Pipes Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Diameter
- < 20 mm
- 20-80 mm
- 81– 120 mm
- 121-160 mm
- <160 mm
- Indian PPR Pipes Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Application
- Heating Systems
- Fire Protection Systems
- Water Supply
- Sewer and Drain
- Food and Beverages
- Others (Heating Ventilation and Air Conditioning (HVAC), etc.)
- Indian PPR Pipes Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by End User
- Indian PPR Pipes Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Region
- North India
- West and Central India
- East India
- South India
- Leading Companies and Market Players
- Supreme Industries
- Jain Irrigation
- Astral Pipes
- Vectus Industries
- Dolphin Polyplast
- Ambition Pipes
- Star Plastics
- FineFlow Plastic Industries
- Ashirvad Pipes
- Finolex Industries
- Prince Pipes
- Apollo Pipes
- Modigold Pipes Private Ltd
- Elegant Polymers
- Tirupati Polyflex
- Ocean Pipes & Fitting LLP
- Prayag pipes
- Skipper Pipes
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Key Questions Answered in the PPR Pipes Market Report
- What will be the market value of the Indian PPR Pipes Market market by 2028?
- What is the market size of the Indian PPR Pipes Market?
- What are the market drivers of the Indian PPR Pipes Market?
- What are the key trends in the Indian PPR Pipes Market?
- Which is the leading region in the Indian PPR Pipes Market?
- What are the major companies operating in the Indian PPR Pipes Market?
- What are the market shares by key segments in the Indian PPR Pipes Market?
About RationalStat LLC
RationalStat is an end-to-end Indian market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support Indian and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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