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

In 2017 the demand for uPVC pipe dominated the UAE plastic pipe market, followed by PE, CPVC, and other type of plastic pipes respectively. The demand for uPVC and CPVC pipes is majorly driven by application segments such as water supply, sewage and plumbing. The increase in consumption of PE has been mainly driven by its usage as a substitute of PVC pipes. HDPE pipes have wide application including water supply, marine applications, sewage, agricultural and fire loops owing to their high strength and high chemical inertness. Competition Landscape The market for plastic pipes and fittings in UAE is largely concentrated with majority of the market dominated by Top 4-5 players. The overall plastic pipes and fittings industry in UAE has around 20-25 manufacturers. Major Pipe manufacturers include Hepworth, Cosmoplast, Modern Plastics, National Plastics and others. Organized manufacturers have extrusion lines which supplies fittings to small manufacturers. Organized players also export their products to GCC and African countries. Major parameters of competition include price of the product, quality, on demand availability of the product, manufacturing standards and product customization. UAE Plastic Pipes and Fittings Market Future Projections The UAE plastic pipe market is expected to grow at a positive CAGR from 2018-2022. The construction market is a key driver of the U.A.E.’s economy and is second only to Saudi Arabia in terms of size within the GCC. But the sector has come under substantial pressure in the past few years due to the prolonged slump in oil prices. The U.A.E.’s strategic location, well- developed financial market, big consumer base and localized drivers will continue to make it one of the most attractive markets in the GCC. Owing to the upcoming Expo 2020 and the Vision 2021, the construction sector is anticipated to grow at a significant pace in the country. The PE products are expected to take over a substantial share of the PVC pipes and fittings market, owing to their increasing use in the plumbing, water supply, industrial, chemical, oil & gas and marine sector, especially in the large diameters. The demand for plastic pipes and fittings is likely to plunge after conclusion of the Expo 2020 as the current immediate and heightened demand for housing needs will drop. Key Segments Covered By Type of Pipe • • • • uPVC PE CPVC Others (PPR, ABS, PVDF and others)