Polyvinyl chloride (PVC) market

The polyvinyl chloride (PVC) market is projected to grow at a compound annual growth rate (CAGR) of 5.79% from 2021 to 2030 and be worth $87.15 billion by the end of the forecast period. Likewise, 

the high-density polyethylene (HDPE) market, at a CAGR of 4.65% from 2022 until 2027, is expected to be worth $97.4 billion by 2027.

Indeed, the plastic pipes market is growing and will continue to expand. You can expect more homeowners and contractors opting to use HDPE or PVC duct pipes where once they would've considered utilizing only galvanized steel.

The reason: Plastic pipes are durable, strong, flexible, and resistant to corrosion, abrasion, and biological growth. They're not perfect, but they are virtually indestructible when used according to specifications and installed correctly.

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