Market Research Reports - Ken Research Saudi Arabia Plastic Pipes and Fittings Market | Page 2

protection, healthcare and automotive industries, chemical and oil industries and Irrigation in
terms of revenue.
Competitive Landscape
Saudi Arabia plastic pipes and fittings market is concentrated with the presence of few big
players constituting majority of the market. Saudi Plastic Products Company Ltd (SAPPCO),
Saudi Basic Industries Corporation (SABIC), New Products Industries Co Ltd. (NEPROPLAST),
Arabian Gulf Manufacturers Ltd (AGM), Al Watania Plastics, Munir Munif Plastic Factory (MMP)
and Almona Plastic Product Company Ltd. Co. are the major players in the market. These big
and established players compete with the other unorganized players on the basis of product
customization, availability of credit facility, product quality and innovation.
Future Outlook
The future outlook of the industry is positive with an expected recovery in oil prices in the
coming years. The construction industry will continue to expand with investments in
infrastructure, residential, water and energy projects. The plastic pipes and fittings market
growth will also be driven by the country’s Vision 2030, under which the government aims to
diversify the country’s economy away from oil and support economic growth. Construction of
affordable housing units is also expected to increase as the government plans to increase the
proportion of Saudi families which own their own house from 47% in 2016 to 52% by 2020. The
transition in the preference for plastic type is set to reduce the market of PVC pipes and fittings
and consequently increase the market of PE pipes by 2022 in terms of revenue. The proportion
of imports is expected to fall in terms of volume as PPR and PE producers in the country
increase their production to meet the local demand.
Key Segments Covered
By Type of Pipe
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uPVC
PVC and CPVC
PE
PPR, ABS, PVDF and others
By Type of Market Structure
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Organized Market
Unorganized Market
By Type of End User Application