In the pipeline: Operators will continue to strategically downsize locations to optimize performance
Plastic pipe and parts manufacturers have experienced moderate revenue volatility over the five years to 2023. Fluctuations in demand from downstream construction and manufacturing industries alongside the effect of the COVID-19 pandemic have posed opportunities and challenges for industry operators. Plastic pipes and parts are frequently used by residential construction companies for home plumbing and water systems, agriculture operators for water distribution and irrigation, automobile manufacturers for interior parts and fuel systems and municipal governments for infrastructure projects involving water management. Overall, industry revenue is expected to fall at a CAGR of 2.4% to $2.6 billion over the five years to 2023, with a decrease of 5.3% in 2023 alone as demand from construction and manufacturing drops.
The Plastic Pipe and Parts Manufacturing industry in Canada manufactures a range of plastic pipes, plastic fittings, unlaminated plastic shapes and other plastic rods, tubes, plates and car parts. Industry operators do not manufacture plastic hose fixtures, plastic plumbing fixtures or plastic packaging.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Westlake Chemical Corporation
- IPEX Inc.
Methodology
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