Unexpected rise: PVC pipe price has seen an unexpected rise to 3.3% which was led by some consecutive price hikes. Both the price hikes have likely to boost up the volumes of PVC pipe players. Thus the contrary to the expectations of the street of muted volume and inventory losses, the PVC pipe players have likely to double the growth volume digit while the realizations are likely to remain the same in the firm. The recent price hikes in the PVC pipe is largely led by PVC shortages globally.
Back-to-back PVC price hikes: Despite steep in the PVC pipe (over 30%) fall in the PVC prices, while the trade was expecting a further fall in PVC price hikes, they increase to 2% and 3% respectively.
Short-term impact on PVC piping companies under our coverage: Given high exposure to companies, PVC pipe prices and other polymer price volume and margins remain firm in the supreme industries. These inventory losses are also expecting in other business segments and the major one is a rise in the PVC pipe price that was unexpected today by most companies and business segments.
Maintain good estimates for companies: several PVC pipe companies under your coverage may positively motivate to surprise the streets, and it leads them to maintain the forward estimates for considering extreme volatility in the PVC price hikes and currency in the recent past days.
An overview of the PVC pipe market
Polyvinyl chloride is the third-largest selling plastic commodity after polyethylene and polypropylene. It has more benefits over other materials owing to its flexibility, durability; low cost, chemical resistance, reusability and so on. It can also have the ability to replace materials like wood, cement, clay, concrete, and metal in various applications. This PVC pipe has some advantages in the market are as follows:
- Flame retardant
- Ease of installation
- Long lifetime
Apart from these many applications, they are used in electrical fittings due to their excellent heat capacity and electrical insulation properties. These pipes do not rust and can able to withstand rigorous shaking and the movement in earthquake-prone areas. PVC pipes are more efficient by replacing other piping materials across the world.
Steel, high-density polyethylene(HDPE), cross-linked polyethylene(PEX) are some of the available substitutes of PVC pipes and it poses a major threat to the profitability of PVC pipes manufacturers in today’s market.
How to make a PVC connection?
PVC is everywhere and it is the most commonly used piping material in many of the industries. Some of the tips to be followed to connect or join two pipes are mentioned below:
- Color coding: It can be manufactured in much variety of colors, which makes very easy for you to identify for its application purpose.
- Ease of installation: It is very well easy to install within a grasp and you can do it by yourself. For the installation process the steps to be followed are as follows:
- Mixing primer and cement
The bottom line
I hope you all understand the PVC joint process and how the rise in PVC pipe price hike was unexpected in today’s world. Make use of the above-explained topic for your extended use and also by surfing online sites you can able to get more information against this topic.