Market Research Reports - Ken Research Sewerage Demand PVC Pipe Saudi Arabia

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 in
Construction Industry: Ken Research
November 2017 | Saudi Arabia News
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 Arabia’s 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. 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. 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 company’s 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.
For more information about the publication, refer to below link:
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/saudi-
arabia-pvc-pipe-market/142281-97.html