Saudi Arabia PVC Pipes Market

Saudi Arabia PVC Pipes Market Overview:

The Saudi Arabia pvc pipes market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Polyvinyl chloride (PVC), also known as polychloroethene, is a white, odorless, transparent liquid used to manufacture PVC pipes. These pipes are used in flooring, roofing foils, window frames, cable insulation, roofing sheets, packaging foils, floor coverings, wall coverings, bottles, and medical products. They also provide various benefits such as durability, reliability, lightweight, resistance to corrosion, chemical, and rust, long life, cost-effectiveness, minimal blockages in wastewater pipelines, and leak-free joints. Owing to these properties, PVC Pipes are extensively used in water supply, plumbing, irrigation, underground wiring, sewerage, and oil and gas sectors across Saudi Arabia.

The market is primarily driven by the expanding construction industry. This can be attributed to the mega real estate development projects, industrial parks, and construction of economic cities, restaurants, and hotels. In addition, PVC pipes are utilized in water utility services and sewage projects, thus contributing to market growth. Moreover, these pipes are economical, grease and oil-resistant, exhibit good tensile strength, and are easy to install, as they eliminate the need for welding, representing another major growth-inducing factor. Besides this, the government of Saudi Arabia is promoting active private sector participation in significant projects via Build-Operate-Transfer (BOT) and Public-Private-Partnership (PPP) models, further augmenting the market growth. They are also undertaking various initiatives, such as the National Transformation Program (NTP) and Saudi Arabia Vision 2030, to develop the country. Along with this, various leading companies are developing the competency of domestic PVC pipes by enhancing their quality. This, coupled with numerous technological innovations such as the development of PVC-O fittings, Polypropylene Random Copolymer (PPR), modified PVC fittings, and Polyvinyl chloride (PE) pipes, are accelerating the product adoption rate across the region. Moreover, the launch of PVC-O lines has created a sustainable solution for water networks on account of their hardwearing and energy-efficiency properties, which is also propelling the market growth.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the Saudi Arabia pvc pipes market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. 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 pvc 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 pvc pipes market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the Saudi Arabia pvc 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 pvc pipes market industry. Furthermore, the value chain analysis of the Saudi Arabia pvc 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 PVC Pipes Market Segment Insights:

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

By Application:

• Sewerage and Drainage
• Plumbing
• Irrigation
• HVAC
• Oil and Gas
• Water Supply

By Region:

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

Competative Landscape: 

The competitive landscape of the market is characterized by the presence of numerous small and large manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

• Saudi Plastic Products Company Ltd. (SAPPCO)
• New Products Industries Co Ltd. (Neproplast)
• Saudi Basic Industries Corporation (SABIC)
• Arabian Gulf Manufacturers Ltd.
• Al Watania Plastics

Highlights of the Saudi Arabia PVC 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 pvc 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