PVC Pipe Industry🧵
The Indian PVC pipes and fittings market expected to register 15% CAGR during FY22 - FY26
The domestic plastic pipes industry size at ~ Rs 340Bn
Organized players account for ~60% market share.
Source - Apollo Pipes Q3 FY22 Investor presentation 👨🔧
@ishmohit1
The Indian PVC pipes and fittings market expected to register 15% CAGR during FY22 - FY26
The domestic plastic pipes industry size at ~ Rs 340Bn
Organized players account for ~60% market share.
Source - Apollo Pipes Q3 FY22 Investor presentation 👨🔧
@ishmohit1
Key features of plastic pipes against other pipes
- Lightweight
- Ease of transportation
- Longer life span
- Lightweight
- Ease of transportation
- Longer life span
Key growth drivers:
- Government's push for cleanliness and sanitation to boost water management sector
- Increased Building of affordable houses and growing housing demand
- Requirement for infrastructure for irrigation and water supplies.
- Government's push for cleanliness and sanitation to boost water management sector
- Increased Building of affordable houses and growing housing demand
- Requirement for infrastructure for irrigation and water supplies.
-Shift of market share from unorganised to organised players due to GST, NBFC crisis, Raw material and supply chain issues.
A short thread on Piping industry 🧵
#pipes #investing
@ishmohit1 @itsTarH
#pipes #investing
@ishmohit1 @itsTarH
https://twitter.com/sagarbandodkar2/status/1485956662037200899
• • •
Missing some Tweet in this thread? You can try to
force a refresh
