India Poly Vinyl Chloride (PVC) Market Size, Share, Growth, Industry Analysis and Forecast 2025 | TechSci Research



Strong growth in agriculture sector, coupled with rising infrastructure development and rapid industrialization is to drive India PVC market through 2025

According to the recently published TechSci Research report “India PVC Market Study, 2011 - 2025”, the PVC market in India is projected to exhibit a CAGR of over 14% during 2016 – 2025, on account of expanding agriculture sector, coupled with strong growth in infrastructure development, rapid industrialization and rising urbanization. Moreover, increasing favourable government policies and investments, growing population and rising construction activities in the country, are further expected to drive consumption of PVC in India during the forecast period.

Read Full Report Here: https://www.techsciresearch.com/report/india-pvc-market-study/832.html

PVC is tailored for utilization as a common plastic material in the construction sector,and is used in window frames and shutters, pipe cabling and coating, etc. PVC is a preferable plastic material for broad array applications including flooring, wires & cables, films & sheets, etc.,on account ofit’s high rigidity and flexibility. Moreover, PVC also offers fire resistance owing to its high chlorine content, which is further boosting PVC’s consumption in the construction sector. As per 12th five-year plan (2012-2017), a total investment of USD1,000 billion is planned to be made in the infrastructure sector of the country, which is further expected to drive India PVC market during the forecast period. West region is the major demand generating region for PVC in India, owing to presence of large number of plastic manufacturing companies in states like Gujarat, Maharashtra, etc.

“Pipes & Fittings are extensively used inirrigation, water supply, sewerage, plumbing, chemical, oil & gas, which are further driving demand for PVC from this industry. Moreover, rising population is escalating demand for agricultural products, coupled with growing issues concerning water sanitary management are further expected to drive demand for PVC pipes and fittings in agriculture, infrastructure, real estate and construction sectors across the country during the forecast period. Under Union budget 2016-2017, government has announced a total investment of USD12.94 billion on irrigation projects over the coming five years, with an aim to uplift agricultural output of the country. Furthermore, growing adoption of PVC in pipes & fittings industry is projected to boost India PVC market during 2016-2025.” said Mr. Karan Chechi, Research Director, with TechSci Research, a research based global management consulting firm.

Get Sample Request: https://www.techsciresearch.com/sample-report.aspx?cid=832

“India PVC Market Study, 2011 - 2025” has analyzed the potential of the PVC market in India and provides statistics and information on market sizes, shares and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by India PVC market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com/


Comments

Post a Comment

Popular posts from this blog

India Synthetic Paper Market Size, Share, Growth, Industry Analysis and Forecast 2024 | TechSci Research

Image
According to TechSci Research report,  “ India Synthetic Paper Market  By Product Type,   By Application, By Region, Competition, Forecast & Opportunities, 2024 ” , India synthetic paper market is forecast to grow at a robust CAGR of more than 13% until 2024 on account of rising environmental concerns and increasing applications of synthetic paper in packaging industry. Demand for synthetic paper is expected to rise in the coming years due to its higher durability and longevity compared to ordinary paper. Moreover, it is eco-friendly and opaque, besides being resistant to tear, water, oil, stains and chemicals. Other major factors anticipated to drive India synthetic paper market include increasingly strict regulatory norms against deforestation and other environmental issues, 100% recyclability and increasing applications in paper and packaging industry. However, high cost and lack of awareness regarding the usage of synthetic paper are likely to hamper the grow...
Read more

United States Construction Chemicals Market Size, Share, Growth, Industry Analysis and Forecast 2025 | TechSci Research

Image
According to TechSci Research report,  “ United States Construction Chemicals Market  By Product Type (Concrete Admixtures, Waterproofing Chemicals, Protective Coatings, Construction Adhesive, Construction Sealant, Flame Retardant, Specialty Coatings, Bitumen Emulsifier, Others), By Application (Residential, Industrial/Commercial, Infrastructure, Repair Structures), By Region, By Company, Competition, Forecast & Opportunities, 2025 ” , United States construction chemicals market is expected to witness a formidable CAGR during the forecast period. Shift in trend towards green and energy-efficient buildings is one of the major factors accounting for the growth of United States construction chemicals market. Moreover, surge in population and urbanization is further expected to bode well for the growth of United States construction chemicals market through the forecast period. In addition to this, major companies operating in the market have been focusing on research...
Read more

Insulation Coating Materials Market to Grow at a CAGR of 7.5% By 2024 | TechSci Research

Image
P revention of corrosion under insulation (CUI) and stringent regulatory policies to boost global insulation coating materials market through 2024 According to TechSci Research report, " Global Insulation Coating Materials Market  By Type, By End-User, By Region, Competition, Forecast & Opportunities, 2024 ", the market for insulation coating materials, globally, is projected to reach $ 12.6 billion by 2024, on account of prevention of corrosion under insulation (CUI) and stringent regulatory policies. However, relatively higher price of coating formulations is anticipated to hinder market growth during forecast period. Global insulation coating materials market has been categorized into type, end-user and region. Of all the end-user segments, marine industry is anticipated to account for the highest CAGR in global insulation coating materials market during the forecast period. Surface protection and energy savings are the major challenges for the marine industry. Further...
Read more