South Korea Polyvinyl Chloride In Water Service Lines Market Size & Outlook
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South Korea polyvinyl chloride in water service lines market highlights
- The South Korea polyvinyl chloride in water service lines market generated a revenue of USD 69.0 million in 2024 and is expected to reach USD 77.3 million by 2030.
- The South Korea market is expected to grow at a CAGR of 1.9% from 2025 to 2030.
- In terms of segment, pvc pipes was the largest revenue generating product in 2024.
- PVC Fittings & Couplings is the most lucrative product segment registering the fastest growth during the forecast period.
Polyvinyl chloride in water service lines market data book summary
| Market revenue in 2024 | USD 69.0 million |
| Market revenue in 2030 | USD 77.3 million |
| Growth rate | 1.9% (CAGR from 2025 to 2030) |
| Largest segment | Pvc pipes |
| Fastest growing segment | PVC Fittings & Couplings |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PVC Pipes, PVC Fittings & Couplings, PVC Valves |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.7% of the global polyvinyl chloride in water service lines market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan polyvinyl chloride in water service lines market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 236.9 million by 2030.
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Polyvinyl Chloride In Water Service Lines Market Scope
Polyvinyl Chloride In Water Service Lines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Xinjiang Zhongtai Chemical | View profile | 10001+ | Wulumuqi, Xinjiang, China, Asia | http://www.zthx.com |
| Sinochem International | View profile | 11-50 | Shanghai, Shanghai, China, Asia | http://www.sinochemintl.com/ |
| KEM ONE | View profile | 1001-5000 | Lyon, Rhone-Alpes, France, Europe | http://www.kemone.com/en |
| Occidental Petroleum Corp | View profile | 12570 | 5 Greenway Plaza, Suite 110, Houston, TX, United States, 77046 | https://www.oxy.com |
| Westlake Corp | View profile | 15520 | 2801 Post Oak Boulevard, Suite 600, Houston, TX, United States, 77056 | https://www.westlake.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| Shin-Etsu Chemical Co Ltd | View profile | 25717 | 6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, Japan, 100-0004 | http://www.shinetsu.co.jp |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Arkema SA | View profile | 11039 | 420 rue d’Estienne d’Orves, Colombes, France, 92700 | https://www.arkema.com |
South Korea polyvinyl chloride in water service lines market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyvinyl chloride in water service lines market will help companies and investors design strategic landscapes.
Pvc pipes was the largest segment with a revenue share of 63.19% in 2024. Horizon Databook has segmented the South Korea polyvinyl chloride in water service lines market based on pvc pipes, pvc fittings & couplings, pvc valves covering the revenue growth of each sub-segment from 2018 to 2030.
The South Korea PVC in water service lines market is experiencing robust growth, fueled by a surge in infrastructure projects focused on enhancing water supply, sewage systems, and irrigation. The government's dedication to improving water management and conservation has led to initiatives to modernize outdated infrastructure and expand new systems.
Significant projects, such as constructing advanced wastewater treatment facilities and developing urban water distribution networks, highlight the increasing need for durable and efficient piping solutions. PVC pipes are favored in these applications, due to their corrosion resistance and longevity, making them essential for ensuring reliable water services across the country.
In addition to the growing demand driven by infrastructure projects, South Korea's regulatory environment plays a critical role in shaping the market. The government has established stringent quality standards such as the Korean Industrial Standards (KSI) and the Water Quality Standards to ensure the safety and performance of PVC pipes in various applications.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea polyvinyl chloride in water service lines market , including forecasts for subscribers. This country databook contains high-level insights into South Korea polyvinyl chloride in water service lines market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea polyvinyl chloride in water service lines market size, by product, 2018-2030 (US$M)
South Korea Polyvinyl Chloride In Water Service Lines Market Outlook Share, 2024 & 2030 (US$M)
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