Latin America Plastic Pipes Market Introduction and Overview
According to SPER Market Research, the Latin America Plastic Pipes Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Latin America Plastic Pipes Market, including market size and trends, product mix, applications, and supplier analysis. Made of several synthetic polymer materials like polyvinyl chloride (PVC), polyethylene (PE), and polypropylene (PP), plastic pipes are tubular structures. These pipes are commonly used in water supply, sewage systems, agricultural irrigation, and industrial processes. They are made for the transportation of fluids and gases. The advantages of plastic pipes over more conventional materials like metal and concrete include their resistance to corrosion, lightweight design, flexibility, and durability. Plastic pipes are also well-known for being simple to install and having a long lifespan, which has led to their rising appeal across a number of industries.
- January 2021; In an effort to strengthen their PVC business, Shinetsu Chemical Co., Ltd. announced a capital expenditure of USD 1.25 billion. The purpose of this investment is to support Shintech Inc., their US affiliate. With this investment, the production capacity of caustic soda will rise to 390,000 tonnes annually, PVC to 380,000 tonnes annually, and VCM to 580,000 tonnes annually.
- February 2023; Group Tigre and Advent decided on a calculated risk. One of the biggest equity investors in the world, Advent International, has decided to invest R$ 1.35 billion in Group Tigre, a reputable and top-performing plumbing system and fitting business in Brazil. With this investment, Advent will acquire a 25% interest in Tigre and help the Brazilian business with its objectives to grow both domestically and internationally by offering financial and strategic support.
Market Opportunities and Challenges
Opportunities: Due to a number of factors, the plastic pipe market in Latin America is anticipated to rise significantly over the projected period. The market is primarily driven by the growing demand from end-use industries, which include irrigation, sewage, and water supply. These industries use a lot of plastic pipes since these materials are less expensive, easier to install, and resistant to corrosion. The market for plastic pipes is expanding due, in part, to the necessity of water conservation. Water supply systems use plastic pipes because they are lightweight, portable, and simple to install, maintain, and repair.
Challenges: Due to a number of factors, the plastic pipe market in Latin America is anticipated to rise significantly over the projected period. The market is primarily driven by the growing demand from end-use industries, which include irrigation, sewage, and water supply. These industries use a lot of plastic pipes since these materials are less expensive, easier to install, and resistant to corrosion. The market for plastic pipes is expanding due, in part, to the necessity of water conservation. Water supply systems use plastic pipes because they are lightweight, portable, and simple to install, maintain, and repair.
Market Competitive Landscape
In an effort to cope with this area's increasing need for plastic piping solutions across a variety of sectors, companies compete through innovation, product quality, price strategies, and vast distribution networks. Major players of this market are Amanco Wavin Centroamerica, Argentina Plas Limited, Dura-Line Llc, Formosa Plastics Corporation, Ineos, Ipel Itaplast Extrusão De Plásticos Ltda, Pavco, Shin-Etsu Chemical Co., Ltd., Tecnocom, Tigre S/A and Others
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Application
|
| Regions covered | Brazilm, Chile, Colombia, Peru, Rest of Latin America
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| Companies Covered | Amanco Wavin Centroamerica, Argentina Plas Limited, Dura-Line Llc, Formosa Plastics Corporation, Ineos,Ipel Itaplast Extrusão De Plásticos Ltda, Pavco, Shin-Etsu Chemical Co., Ltd., Tecnocom, Tigre S/A and Others
|
COVID-19 Impact on Latin America Plastic Pipes Market
Latin America's plastic pipe market was significantly impacted by the COVID-19 outbreak. Lockdowns and other restrictions during the early stages of the epidemic caused supply chain problems that delayed production and delivery. There was a brief drop in market activity as a result of the suspension or postponement of construction projects, which were a key source of demand for plastic pipe. But when the economies started to get back up, there was a rise in demand since better water management and sanitary facilities were crucial for maintaining public health. In order to maintain food security, the epidemic also sped up investments in irrigation and agricultural infrastructure, which expanded the market.
Key Target Audience:
- Construction Industry Professionals
- Manufacturers and Suppliers
- Government and Regulatory Bodies
- Infrastructure Development Agencies
- Investors and Financial Institutions
- Research and Development Institutions
- Others
Our in-depth analysis of the Latin America Plastic Pipes Market includes the following segments:
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By Type: |
PVC
HDPE
Fiberglass
ABS
CPVC
|
|
By Application: |
Irrigation
Water Supply
Sewerage
Plumbing
HVAC
Oil and Gas
Others
|
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By Region: |
Latin America
Argentina
Brazil
Rest of Latin America
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Key Topics Covered in the Report:
- Latin America Plastic Pipes Market Size (FY’2024-FY’2033)
- Overview of Latin America Plastic Pipes Market
- Segmentation of Latin America Plastic Pipes Market By Type (PVC, HDPE, Fiberglass, ABS, CPVC)
- Segmentation of Latin America Plastic Pipes Market By Application (Irrigation, Water Supply, Sewerage, Plumbing, HVAC, Oil and Gas, Others)
- Statistical Snap of Latin America Plastic Pipes Market
- Expansion Analysis of Latin America Plastic Pipes Market
- Problems and Obstacles in Latin America Plastic Pipes Market
- Competitive Landscape in the Latin America Plastic Pipes Market
- Impact of COVID-19 and Demonetization on Latin America Plastic Pipes Market
- Details on Current Investment in Latin America Plastic Pipes Market
- Competitive Analysis of Latin America Plastic Pipes Market
- Prominent Players in the Latin America Plastic Pipes Market
- SWOT Analysis of Latin America Plastic Pipes Market
- Latin America Plastic Pipes Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Latin America Plastic Pipes Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Latin America Plastic Pipes Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Latin America Plastic Pipes Market
7. Latin America Plastic Pipes Market, By Type (USD Million) 2020-2033
7.1. Latin America Plastic Pipes Market Size, Share and Forecast, By Type, 2020-2026
7.2. Latin America Plastic Pipes Market Size, Share and Forecast, By Type, 2027-2033
7.3. PVC
7.4. HDPE
7.5. Fiberglass
7.6. ABS
7.7. CPVC
8. Latin America Plastic Pipes Market, By Application (USD Million) 2020-2033
8.1. Latin America Plastic Pipes Market Size, Share and Forecast, By Application, 2020-2026
8.2. Latin America Plastic Pipes Market Size, Share and Forecast, By Application, 2027-2033
8.3. Irrigation
8.4. Water Supply
8.5. Sewerage
8.6. Plumbing
8.7. HVAC
8.8. Oil and Gas
8.9. Others
9. Latin America Plastic Pipes Market Forecast, 2020-2033 (USD Million)
9.1. Latin America Plastic Pipes Market Size and Market Share
10. Latin America Wealth Management Market, By Region, 2020-2033 (USD Million)
10.1. Latin America Wealth Management Market Size and Market Share By Region (2020-2026)
10.2. Latin America Wealth Management Market Size and Market Share By Region (2027-2033)
10.7. Rest of Latin America
11. Company Profile
11.1. AMANCO WAVIN CENTROAMERICA
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. ARGENTINA PLAS LIMITED
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. DURA-LINE LLC
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. FORMOSA PLASTICS CORPORATION
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. INEOS
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. IPEL ITAPLAST EXTRUSÃO DE PLÁSTICOS LTDA
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. PAVCO
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. SHIN-ETSU CHEMICAL CO., LTD.
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. TECNOCOM
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. TIGRE S/A
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links