ポリ塩化ビニル（PVC）のインド市場の評価：タイプ別、用途別、最終用途産業別、地域別、機会、予測（2019年度～2033年度）

インドのポリ塩化ビニル（PVC）の市場規模は、2025年度の37億米ドルから2033年度に54億5,000万米ドルに達すると予測され、2026年度～2033年度の予測期間にCAGRで4.98%の成長が見込まれます。市場は、その汎用性と、建築・建設、包装、自動車、電子などのさまざまな部門における広範な用途が特徴です。ポリ塩化ビニル（PVC）は合成ポリマーで、配管、電気絶縁、窓枠、屋根材などに利用されています。こうした広大な用途から、PVCはインドのインフラ開発に欠かせないコンポーネントになっています。インフラやスマートシティの開発に向けたインド政府の取り組みは、同国におけるPVC市場の重要な成長促進要因となっています。

2024年7月、Adani Groupは40億米ドルを投じるPVCプロジェクトの第一段階を開始する計画を発表しました。このプロジェクトは、建設部門におけるPVCの国内需給のギャップに対処することを目的としています。PVCは、配管、医療機器、ケーブル絶縁に使用される重要な合成プラスチックです。第1段階は、2026年12月までに年間100万トンの生産能力で経営を開始します。

当レポートでは、インドのポリ塩化ビニル（PVC）市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢などを提供しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

• 回答者の人口統計
• 購入決定において考慮される要素
• アンメットニーズ

第5章 インドのポリ塩化ビニル（PVC）市場の見通し（2019年度～2033年度）

• 市場規模分析と予測
  • 金額
  • 数量
• 市場シェアの分析と予測
  • タイプ別
  • 用途別
  • 最終用途産業別
  • 地域別
  • 企業別の市場シェア分析（上位5社とその他 - 金額ベース、2025年度）
• 市場マップ分析（2025年度）
  • タイプ別
  • 用途別
  • 最終用途産業
  • 地域別

第6章 ポーターのファイブフォース分析

第7章 PESTLE分析

第8章 輸出入の分析

第9章 市場力学

• 市場促進要因
• 市場の課題

第10章 市場動向と発展

第11章 ケーススタディ

第12章 競合情勢

• マーケットリーダー上位5社の競合マトリクス
• 主要8社の市場企業の情勢
  • Reliance Industries Limited
  • Chemplast Sanmar Limited
  • DCW Limited
  • DCM Shriram Limited
  • Finolex Industries Limited
  • Kaneka Corporation
  • LG Chem, Ltd.
  • Formosa Plastics Corporation

第13章 戦略的提言

第14章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Polyvinyl Chloride Market, By Value, In USD Billion, FY2019-FY2033F
• Figure 2. India Polyvinyl Chloride Market, By Volume, In Thousand Tons, FY2019-FY2033F
• Figure 3. India Polyvinyl Chloride Market Share (%), By Type, FY2019-FY2033F
• Figure 4. India Polyvinyl Chloride Market Share (%), By Application, FY2019-FY2033F
• Figure 5. India Polyvinyl Chloride Market Share (%), By End-user Industry, FY2019-FY2033F
• Figure 6. India Polyvinyl Chloride Market Share (%), By Region, FY2019-FY2033F
• Figure 7. By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2025
• Figure 8. By Application Map-Market Size (USD Billion) & Growth Rate (%), FY2025
• Figure 9. By End-user Industry Map-Market Size (USD Billion) & Growth Rate (%), FY2025
• Figure 10. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2025

India polyvinyl chloride market is projected to witness a CAGR of 4.98% during the forecast period FY2026-FY2033F, growing from USD 3.70 billion in FY2025 to USD 5.45 billion in FY2033. The Indian polyvinyl chloride (PVC) market is characterized by its versatility and widespread applications across various sectors, including building and construction, packaging, automotive, and electronics. Polyvinyl chloride is a synthetic polymer that finds application in plumbing, electrical insulation, window frames, and roofing materials. These substantial applications make PVC an essential component in the country's infrastructure development initiatives. Indian government initiatives toward the development of infrastructure and smart cities are a key factor driving the market growth for PVC in the country.

In July 2024, Adani Group announced its plans to commission the first phase of its USD 4 billion PVC project, which is anticipated to enter the petrochemicals sector by December 2026. The project aims to address the domestic demand and supply gap for PVC in the construction sector. PVC is a crucial synthetic plastic used in plumbing pipes, medical equipment, and cable insulation. The first phase will start the operations with a capacity of 1 million tons per annum by December 2026.

Growing Demand for Plumbing Pipes in Construction

The infrastructure sector, including both residential and non-residential, in India, is witnessing substantial growth and creating a strong surge for the PVC plumbing pipes, particularly for irrigation and water supply. The use of PVC pipes is preferred because these are extremely tough and corrosion resistant. Additionally, PVC pipes are highly economical in cost, which makes them suitable for constructing plumbing, insulation, window framing, and roofing in the construction industry. Furthermore, the government initiatives such as the Smart Cities Mission, Housing for All, and Pradhan Mantri Awas Yojana (PMAY) significantly boosted the construction activities in the country and hence created smoother ways for the market growth of modern plumbing solutions. As cities expand and infrastructure projects thrive, PVC pipes emerge as a preferred choice because of their lightweight nature and ease of installation. Moreover, these pipes are preferred over traditional materials due to their corrosion resistance, lightweight nature, and longer shelf life. Technological advancements in PVC manufacturing have further enhanced their quality and performance, making them an attractive choice for construction projects.

In February 2025, Malpani Pipes and Fittings Limited invested USD 44.50 thousand in a new PVC pipe range and advanced production machinery to boost efficiency and capacity. The investment includes an extruder production line for PVC pipes, high-speed production lines for HDPE and MDPE pipes, a fully automatic socketing machine, and a horizontal heating-cooling mixer model. The aim is to enhance operational efficiency and market presence.

Growing Demand for Chlorinated-PVC in Industrial Piping

Chlorinated polyvinyl chloride (CPVC) pipes are recognized for their excellent durability, corrosion resistance, and ability to endure high temperatures, making them an ideal choice for both residential and commercial applications. Compared to metal pipes, the chlorinated-PVC pipes are highly resistant to corrosion and rust. These pipes have a longer shelf life and offer a clean water supply without leakage or contamination. These pipes are lightweight and easy to handle, which makes their installation less time-consuming and labor-intensive. As a result, they significantly reduce both labor costs and installation time. Furthermore, these pipes can be employed in many ways, ranging from cold and hot water supply systems in industrial processing and chemical transportation. This adaptability makes them highly preferable by the contractors and builders for effective plumbing solutions in the chemical industry. Furthermore, CPVC pipes are cost-effective compared to other options like copper or galvanized steel, which require more startup capital and maintenance expenses.

In October 2024, DCW Ltd, a specialty chemical manufacturer, announced a USD 16.50 million expansion of its chlorinated polyvinyl chloride (CPVC) production capacity from 20,000 MT to 50,000 MT to serve the growing demand across industries such as construction, industrial piping, and others. The expansion of the project will be in phases, and by Q2 2026, an additional 20,000 MT will be operational, and the remaining 10,000 by the end of 2026 will be operationalize.

India PVC Market Growth in Electronics Industry

Indian PVC market is growing on a large scale in the electronics industry due to its flexibility, toughness, and economic cost. It is used on a large scale for insulating cables and wires of electronics and has good performance against heat, chemicals, and water, giving safety and endurance in applications. In addition, higher demand for consumer electronics and industrial machinery also led to PVC usage growth in the electronic sector in the country. Furthermore, improvements in technology in the production of the technologies have also enabled the mass production of flexible and rigid PVC materials tailored to meet various electronic requirements. The government's local manufacturing initiative, through initiatives like "Make in India," is also driving investments in PVC production for use in electronics. Moreover, with the improvement of infrastructure and the industrial base in India, consistent growth in the demand for PVC in electrical and electronic applications is expected to be witnessed. Raw material cost volatility and environmental factors required a sustainable innovation in this sector to maintain further growth in this sector.

In December 2024, Biocon Electric Pvt. Ltd., an Indian manufacturer of electrical and electronic products, launched a new range of switches to meet the growing demand for high-quality electrical solutions. The switches are designed to meet safety standards and offer a variety of finishes, complementing interior designs. Biocon Electric also offers LED lights, PVC Tapes, wires and cables, and MCB and Switchgear, catering to both residential and commercial needs. The company is a pioneer in PVC insulation tapes in India, setting industry standards for quality and reliability.

Northern India Dominates India Polyvinyl Chloride Market

Northern region in India is dominating the PVC market, primarily due to the substantial infrastructure activities and reliance on advanced plumbing systems for water transportation within the city as well as pipe fittings within the buildings. The region has witnessed considerable investments in urban development and housing, which have been spurred by government initiatives to improve water supply and sanitation. The growing construction of residential and commercial buildings requires a plumbing solution that is durable and efficient. PVC pipes are highly in demand because they are cheaper, resistant to corrosion, and easier to install. Furthermore, in the industrial sector, PVC use in industrial plants and machinery also extends, its hardness and chemical resistance being the most valuable properties. Regardless of other parts of the world having greater control over markets, Northern India's industrial complexes contribute hugely to overall demand for PVC arising due to urban development as well as infrastructural construction.

In October 2023, the Shand Group of Industries' flagship brand, Raksha Pipes, announced its plans for expanding its manufacturing capacity tenfold within the next five years, aiming for a turnover of up to USD 360 million by FY2029, with a 20% annual growth rate. The company is also planning to construct warehouses across the country to strengthen the distribution network and to further prepare for the agriculture pipe market.

Future Market Scenario (FY2026 - FY2033F)

The Indian government's focus on infrastructure development, including initiatives like the Smart Cities Mission and Pradhan Mantri Awas Yojana, is expected to significantly boost the demand for PVC pipes. These projects emphasize modern sanitation, water supply systems, and housing, which are critical for urbanization and improving living standards.

Growing environmental concerns regarding plastic usage are prompting the PVC industry to adopt sustainable manufacturing practices. Innovations in recycling and the development of eco-friendly alternatives will shape the future landscape of the PVC market, encouraging manufacturers to focus on sustainability while meeting regulatory standards.

The ongoing emphasis on improving irrigation infrastructure in rural areas will continue to drive the demand for PVC pipes. Government initiatives aimed at enhancing agricultural productivity through efficient water management systems will further solidify PVC's role in supporting India's agricultural sector.

Key Players Landscape and Outlook

The key players in India PVC market dominate with strong brand recognition and extensive distribution networks, offering a comprehensive range of PVC products tailored for various applications, including plumbing, irrigation, and industrial use. Many of these major players are investing heavily in research and development to improve the quality and performance of their offerings, developing new formulations that will have better durability and reduced environmental impact while adhering to changing regulatory requirements. Strategic alliances, joint ventures, and mergers are among the common strategies used by these companies to increase market reach and enhance product offerings, especially for large-scale infrastructure contracts. While competition is strong in different regions, some players tend to focus on specific areas where demand for PVC products is particularly high, like North India for irrigation and urban infrastructure projects.

In April 2024, Epigral Limited, a chemical manufacturer, expanded its Chlorinated Polyvinyl Chloride (CPVC) resin plant in Gujarat, bringing its total capacity to 75,000 TPA. This is the world's largest CPVC resin facility at a single location. CPVC resin and compound are used in manufacturing pipes and fittings because of their resistance to heat and chemicals. Epigral is also expanding its CPVC compound production with a projected capacity of 35,000 TPA.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customers

• 4.1. Respondent Demographics
• 4.2. Factors Considered in Purchase Decisions
• 4.3. Unmet Needs

5. India Polyvinyl Chloride Market Outlook, FY2019-FY2033F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
  • 5.1.2. By Volume
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Type
    • 5.2.1.1. Rigid PVC
    • 5.2.1.2. Flexible PVC
    • 5.2.1.3. Others
  • 5.2.2. By Application
    • 5.2.2.1. Pipes and Fittings
    • 5.2.2.2. Film and Sheets
    • 5.2.2.3. Wire and Cables
    • 5.2.2.4. Bottles
    • 5.2.2.5. Profiles and Tubes
    • 5.2.2.6. Others
  • 5.2.3. By End-user Industry
    • 5.2.3.1. Building and Construction
    • 5.2.3.2. Packaging
    • 5.2.3.3. Automotive
    • 5.2.3.4. Electronics
    • 5.2.3.5. Others
  • 5.2.4. By Region
    • 5.2.4.1. East
    • 5.2.4.2. West and Central
    • 5.2.4.3. North
    • 5.2.4.4. South
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2025)
• 5.3. Market Map Analysis, FY2025
  • 5.3.1. By Type
  • 5.3.2. By Application
  • 5.3.3. End-user Industry
  • 5.3.4. By Region

All segments will be provided for all regions covered

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Import Export Analysis

9. Market Dynamics

• 9.1. Market Drivers
• 9.2. Market Challenges

10. Market Trends and Developments

11. Case Studies

12. Competitive Landscape

• 12.1. Competition Matrix of Top 5 Market Leaders
• 12.2. Key Players Landscape for Top 8 Market Players
  • 12.2.1. Reliance Industries Limited
    • 12.2.1.1. Company Details
    • 12.2.1.2. Key Management Personnel
    • 12.2.1.3. Key Products Offered
    • 12.2.1.4. Key Financials (As Reported)
    • 12.2.1.5. Key Market Focus and Geographical Presence
    • 12.2.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 12.2.1.7. SWOT Analysis for Top 5 Players
  • 12.2.2. Chemplast Sanmar Limited
  • 12.2.3. DCW Limited
  • 12.2.4. DCM Shriram Limited
  • 12.2.5. Finolex Industries Limited
  • 12.2.6. Kaneka Corporation
  • 12.2.7. LG Chem, Ltd.
  • 12.2.8. Formosa Plastics Corporation

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

13. Strategic Recommendations

14. About Us and Disclaimer