Saudi Arabia PE Pipes Market

Saudi Arabia PE Pipes Market Overview:

The Saudi Arabia pe pipes market was worth US$ XX Billion in 2021, expanding at a CAGR of X% during 2016-2021. Looking forward, the market is projected to grow at a CAGR of around X% during 2022-2027, reaching a value of US$ XX Billion by 2027. Polyethylene (PE) is a crystalline non-polar thermoplastic produced by the polymerization of ethylene. It can be reshaped and melted into numerous products. Consequently, it is widely used for the production of pipes to supply water for drinking and irrigation, serve as telecom ducts, and sewerage disposal across the Saudi Arabia region. In recent years, PE pipes have gained traction as they are flexible, durable, and resistant to corrosion, biological growth, and damage caused due to vibrations and load.

One of the primary factors driving the market is the rising number of oil and gas exploration activities in Saudi Arabia on account of the excess oil reserves in the country and the associated convenience of utilizing PE pipes. Additionally, constant developments in the commercial and residential sectors, along with infrastructural developments across the nation, are creating a positive market outlook. Other than this, PE pipes are highly resistant to fatigue and produced in such a manner that they are capable of bearing recurring and occasional surge events, common in water distribution systems, thereby positively influencing the market growth. Besides this, they possess leakage-free joints and provide superior flow characteristics compared to other pipes. Apart from these factors, the growing adoption of these pipes for irrigation and desalinating seawater is creating lucrative growth opportunities for the key players. Furthermore, the rising awareness about the utilization of PE pipes for minimizing greenhouse emissions due to their non-toxic nature, high recyclability, and the longer service life is propelling the market growth. Moreover, there has been escalating demand for these pipes for irrigation and desalinating seawater and distributing oil and natural gas. Along with this, the Government of Saudi Arabia is taking numerous initiatives to promote the use of PE pipes as these pipes are considered superior to steel and cement pipes, which in turn, is strengthening the market growth.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the Saudi Arabia pe pipes market and can also impact its future growth. Taking 2021 as the base year, the report covers historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. 

The report analyses the competitive structure of the Saudi Arabia pe pipes market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the Saudi Arabia pe pipes market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the Saudi Arabia pe pipes market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the Saudi Arabia pe pipes market industry. Furthermore, the value chain analysis of the Saudi Arabia pe pipes market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Saudi Arabia PE Pipes Market Segment Insights:

The Saudi Arabia pe pipes market has been analysed as followed:

By Type:

• HDPE
• MDPE
• LDPE
• LLDPE

By Application:

• Water Supply
• Irrigation
• Sewerage and Drainage
• Gas Supply
• Mining and Slurry Lines
• Others

By Region:

• Eastern 
• Central
• Northern
• Northwest
• Midwest
• Southwest

Competative Landscape: 

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of the leading players operating in the market are:

• Saudi Plastic Products Company Ltd. (SAPPCO)
• Alwasail Industrial Company
• Arabian Gulf Manufacturers Ltd
• Saudi Arabian Amiantit Company
• Al Jubail Sanitary Pipe Factory
• IKK Group

Highlights of the Saudi Arabia PE Pipes Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The Saudi Arabia pe pipes market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs