PPR pipe is made of Polypropylene Random Copolymer (PPR-C) type 3, which is approved for the production of pipes according to DIN8078 standards, designed for the transportation of portable hot and cold water distribution system with a really long lifetime. Installation technique is one of the extraordinary properties of ppr pipe as the ppr pipes and fittings are connected and welded by melting. It will be perfectly welded from separate parts and body to a interconnected systems without any leakage points. The installation technique and the multifunctional ppr piping system, the welding method and wonderful physical and chemical features make PPR pipes and fittings a Superior and reliable product quality.
The market for PPR Pipe is fragmented with players such as Zhejiang Weixing New Building Materials, Georg Fischer(GF Piping Systems), Kalde, Ginde, AQUA-SCIE, Uponor, Yonggao, China Lesso, Wavin, Pipelife, Kingbull, Rifeng, Goody, Zhejiang Nanxin Plastic, Neltex, Shanghai White Butterfly Pipe, aquatherm, Namsok, AKAN Enterprise Group, Shandong Huaxin Plastic Pipe, Dadex, Bänninger, Shandong Golden Tide, and so on. Among them, Zhejiang Weixing New Building Materials is the global leading supplier. At present, in developed countries, the PPR Pipe industry maintains its market position in the main markets, e.g. EU and Middle East. Major demand for PP-R continues to shift to Southeast Asia, India and South America. However, North America PPR Pipe industry still is still an undeveloped market at currently.
On the basis of type, the PPR Pipe market is segmented into Composite PPR Pipe, Hot and Cold Water PPR Pipe, and Other. The Hot and Cold Water PPR Pipe segment is expected to account for the larger share of the global market in 2016.
End-users, included in this market are Commercial Building, Residential Building, and Other Application. The Commercial Building application is expected to account for the largest share of the global market in 2016.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
According to this study, over the next five years the PPR Pipe market will register a 8.4% CAGR in terms of revenue, the global market size will reach US$ 7710 million by 2024, from US$ 4750 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PPR Pipe business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of PPR Pipe market by product type, application, key manufacturers and key regions and countries.
This study considers the PPR Pipe value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Composite PPR Pipe
Hot and Cold Water PPR Pipe
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.