Saudi Arabia PVC Pipe and Fitting Market is Expected to be Led by Huge Demand from Oil & Gas Sector, Government Spending on Infrastructure Development and Continuing Growth - PowerPoint PPT Presentation

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Saudi Arabia PVC Pipe and Fitting Market is Expected to be Led by Huge Demand from Oil & Gas Sector, Government Spending on Infrastructure Development and Continuing Growth

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The report covers Saudi Arabia PVC pipes and fittings market size, market segmentations by type of PVC pipes (Chlorinated PVC Pipe, Regular PVC Pipe, Plasticized PVC Pipe and Fittings).. For more information about the publication, refer to below link: – PowerPoint PPT presentation

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Title: Saudi Arabia PVC Pipe and Fitting Market is Expected to be Led by Huge Demand from Oil & Gas Sector, Government Spending on Infrastructure Development and Continuing Growth


1
Saudi Arabia PVC Pipe and Fitting Market Report
Ken Research
2
High demand in Industrial and Commercial Sector,
Usage in External Plumbing Infrastructure
Projects to improve Drainage Network and
Expansion of Oil and Gas Network were the key
factors driving growth in Saudi Arabia PVC Pipe
and Fittings Market. PVC pipe is the market
leader among plastic pipes with nearly all end
users utilizing PVC pipes for varied purposes.
Saudi Arabias market witnessed majority of the
demand for PVC pipes from external plumbing
infrastructure projects that included drainage
sewage networks. It was witnessed that PVC pipes
and fittings market was dominated by domestic
manufacturers with minor imports.
3
The competition in the local market has been
intense due to the availability of major
companies producing almost the same product in
terms of quality. Demand for PVC pipe is expected
to witness enhanced growth trajectory as the
economy recovers in future with correction in oil
gas prices backed with increasing replacement
for ageing pipes. One of the major challenges
witnessed by Saudi Arabia is scarcity of water
which resulted in substantial investment by
government in seawater desalination, water
distribution, and sewerage and wastewater
treatment. Government is largely dependent on
pipe companies for enhancement of water supply
infrastructure which aided the PVC pipe and
fitting market over the years.
4
Cost effectiveness of installation of PVC pipes,
low maintenance cost and replacement of ageing
pipes derived market growth. PVC pipes are
largely used in oil gas industry owing to their
durability and cost effectiveness. Mild recovery
in oil prices in 2017 and high demand from
infrastructure commercial sectors have aided
the overall market growth of PVC pipes in the
Kingdom. The report titled Saudi Arabia PVC
Pipe and Fittings by Type of Pipes (Chlorinated
PVC Pipe, Regular PVC Pipe, Plasticized PVC Pipe
and Fittings), by Application (Water Supply,
Sewerage, Plumbing, Chemical Oil and Others)
and by Market Structure (Organized and
Unorganized market) - Market Outlook to 2022 by
Ken Research suggested growing focus on
desalination, expansion of wastewater treatment,
improvement in companys operational efficiency
will further boost PVC Pipe and fitting market
growth. The report underscored a positive CAGR in
revenues in Saudi Arabia PVC pipes and fittings
market in next 5 years till 2022.
5
For more information about the publication, refer
to below link https//www.kenresearch.com/manufac
turing-and-construction/machinery-and-parts/saudi-
arabia-pvc-pipe-market/142281-97.html Contact
Us Ken Research Ankur Gupta, Head Marketing
Communications sales_at_kenresearch.com 91-124-4230
204 ext 26
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