Publish Date:April 2015
No. of Pages:70
The report titled “Indian Pipes Industry: Trends and Opportunity (2015 Edition)” analyzes the potential opportunities, challenges, demand drivers and significant trends representing the pipes industry in India. The report elucidates facts on the pipe market as supplemented by the latest available statistics. It also profiles and analyzes the leading five companies operating in this industry with latest data and a brief overview of their business and finance structure along with a brief discussion of their future business strategies. The report gives valuable insight into various types of pipes such as ductile iron, PVC, CPVC, cement pipe, steel pipe etc. and their applications and uses in various sectors. In the report, we also try to study the growth pattern in the demand of PVC pipes and the latest trends concerning pipes. Most importantly, we analyze the current market size and project future market size of the overall pipes business for the years to come.Product Coverage
The Indian pipes business has been growing rapidly since the past several years mainly due to increasing demand for pipes in the irrigation sector, for crude oil, real estate industry and growth in Gross domestic product (GDP) of the country. Among the several varieties of pipes available in the market, the demand for plastic pipes such as PVC, CPVC in particular, is on a rise due to its low cost, high quality and high durability. Other types of pipes, like steel pipes and ductile iron pipes also have major demand. Nationwide infrastructural development, urbanization, government’s focus on real estate, irrigation to drive agricultural growth have been identified as major factors facilitating the growth of the pipes industry in the country.
The Government of India is launching new schemes in the irrigation and the real estate sector for significant investments. It is evident here that the focus of Indian government is on water supply for housing sector, which will only be fulfilled with effective use of pipelines. Therefore, this end-user is a major demand driver of pipes. Furthermore, strong demand for crude oil transportation is also adding to the demand of pipes across the country.