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The pipe market in India is growing steadily and will witness capacity additions as the government gives high priority to developing infrastructure in the country. Pipes are imperative in all natural gas projects and waterways projects. PVC pipes are becoming popular due to a variety of reasons and are seen to replace traditional pipes.
The report begins with the structure of the Indian pipe industry and goes on to explain the various major segments of the pipe industry. The market overview section includes information regarding the Indian market scenario, market size and growth as well as the segmentation of the market based on the products. It also highlights the various characteristics of the pipes available in the market and includes the size, raw material, manufacturing process, differentiating factor, application as well as key players manufacturing the product.
An analysis of drivers explains growth factors such as increasing spend by the government on various oil & natural gas projects and hence the need for pipelines. This also explains the special emphasis on the major upcoming pipelines and the expansion of city gas distribution network. Expansion of water projects and the focus of government towards urban development, competitive edge of Indian players with respect to European counterparts and the tremendous growth in real estate and auto sector are the other important drivers The key challenges identified include rising input costs, appreciation of rupee and tremendous competition from the Chinese manufacturers. Recent trends in pipe market include increasing popularity of PVC pipes, preference of HSAW pipes in comparison to LSAW pipes and entry barrier for a new player.
The competition section provides a product matrix with brief profiles of the major players in the market along with their financials. Key development section highlights the major happenings in the pipe industry.