Research Methodology on PVC Pipes Market
Introduction
The research aims to study the development of the global Polyvinyl Chloride (PVC) pipe market from 2023 to 2030. To accomplish this goal and provide an in-depth and up-to-date analysis of the PVC pipes market, a research protocol is developed that includes both primary and secondary sources of information collection and analysis.
Primary Research
Primary research is conducted by conducting in-depth interviews with experienced and leading industry players, industry associations, manufacturers and distributors, and market research firms in the PVC pipes market. The data gathered through these interviews is used to supplement the data collected from secondary sources.
Secondary Research
Secondary research is conducted using publicly available data, such as industry reports, white papers and press releases, focusing on the past five years. These sources are used to compile an overarching view of the PVC pipes market and garner important insights into its various aspects. Historical market trends and developments are also studied to gain further insight into the market’s current state.
Data Analysis
The data gathered from primary and secondary sources are analysed for key trends and characteristics related to the PVC pipes market. The data is categorized on various parameters like market-margin analysis, market penetration analysis, third-party facts and market factoring. After substantial analysis, the findings were presented in a comprehensive and integrated manner.
Market Estimation
Market size estimation is conducted using several triangulation methods, such as supply-side, demand-side, and top-down approaches. Historical prices studied also helped to form quantitative and qualitative assessments. The market size is further confirmed through primary sources, corroborating with secondary sources including CAGR.
Market Assumptions
As part of the research, several market assumptions are considered while conducting the analysis. Some of these assumptions are:
1) Increase in demand for PVC Pipes due to their durability, affordability and recyclability.
2) Rapid urbanization and infrastructure development across developed countries.
3) Surge in demand for plastic piping materials in the food and beverage industry.
4) Growing awareness about environmental sustainability among manufacturers.
5) Low labour costs and availability of raw materials in emerging countries are likely to support the growth of the market in the next few years.
Market Forecasting
Market forecasting activities are conducted to estimate the overall market size of the global PVC pipes market. To do this, past market values of the various PVC pipes segments are studied and extrapolated to the forecast period, taking into account the prevailing market trends.
Report Structure
The report structure covered a comprehensive analysis of the PVC pipes market. It includes an in-depth segmentation of the market, market dynamics, player profiles and raw material analysis related to the PVC pipes market. The report also covers the competitive landscape, market share and size, market structure, and key regions.