How UAE
Plastic Pipes and Fitting Market is Positioned?
UAE
Plastic Pipe and Fitting Market is at its late growth stage. The plastic pipes
and fittings market is highly correlated with the construction and
infrastructural investments going on in the country and the level of spending
in development of agriculture and other sectors. The UAE plastic pipe and
fittings market grew from USD ~ million in 2012 to USD ~ million in 2017 at a
CAGR of ~% owing to growth in real estate and industrial sector. Plastic pipes
have also witnessed high usage in plumbing applications in residential and
commercial building. Easy installation, cost effectiveness, long life and
introduction of materials that can withstand high pressure and weather
conditions have augmented the usage in the country
The country has been an attractive destination
for immigrant workers from the South Asian countries. This has resulted in a
significant rise in the population. As a result, the residential, commercial
and infrastructural requirements have also grown which has further augmented
the plastic pipes market in the country. The water supply, sewage and plumbing
application thus have been the growth engine for the plastic pipe industry in
UAE. Expo 2020 and the UAE Vision 2021 have been instrumental in infusing growth
catalyst in numerous industrial sectors. As a result the strong affect from
fall in oil prices has somewhat been cushioned. The investments made by the
government to fulfill the infrastructural and real estate requirements for the
Expo 2020 have subsequently had a positive effect on the pipes and fittings
market in UAE
UAE Plastic
Pipe and Fittings Market Segmentation
By Type of
Plastic Pipe
The uPVC pipes and fittings market contributed
~% to the overall revenue of plastic pipes and fittings market of UAE. The
demand is majorly from applications segments like water supply, sewage and
plumbing. In 2017, PE and CPVC pipes contributed a revenue share of ~% and ~%
in the overall UAE plastic pipe market respectively.
By End User
Applications
In 2017, use of plastic pipes for water supply
and sewage applications generated the highest revenue in the UAE plastic pipe
market. The revenue share for water supply and sewage application was ~% of the
total revenue of the UAE plastic pipe market. The demand is primarily led by
the increase in the construction of residential housing, commercial real estate
and other infrastructural projects occurring in country. Use of plastic pipes for plumbing
applications contributed a revenue share of ~% in the overall UAE plastic pipe
market in 2017. uPVC and PVC are the most commonly used type of pipes in
plumbing applications, owing to their low cost, high durability & easy
installation
By Market
Structure
Organized players in the market include
companies like Modern Plastic, Cosmoplast, Hepworth and others which
collectively contributed a revenue share of ~% to the overall plastic pipe
market in UAE, in 2017. Unorganized players in the market include companies
like Polyfab, Dubai Pipes, Fabco Plastic Pipe and other small manufacturers.
Collectively these players in 2017 contributed a revenue share of ~% of the
overall plastic pipes market in UAE
By Domestic
Manufacturing and Imports
In 2017, ~% of the revenue of the total
plastic pipe & fittings market in UAE was generated by domestically
manufactured products. The manufacturers in the country primarily manufacture
plastic pipes and fittings to meet the domestic demand. Import of plastic pipes
and fittings contributed ~% of revenues to the total plastic pipe &
fittings market in UAE in 2017. These importers are generally small companies
that are exclusive distributors of a foreign manufacturer or are dealers of
plastic pipes and fittings for various brands.
Competative
Landscape in UAE Plastic Pipe and Fittings Market
The market for plastic pipes and fittings in
UAE is largely concentrated with majority of the market dominated by only a
handful of players. Organized manufacturers have extrusion lines which
unorganized players don’t have and there for the latter depends on the former for
fittings which leads to more revenue generation for organized players.
Organized players also export their products to GCC and African countries. The
overall plastic pipes and fittings industry in UAE has around 20-25
manufacturers. The market also has 4-5 big distributors which might cater the
market in all segments. The organized and the unorganized players primarily
compete on the basis of the final price and brand loyalty of the product
UAE Plastic
Pipe and Fittings Market Future Outlook and Projections
The revenue from the plastic pipes and
fittings market in UAE is estimated to grow at a CAGR of ~% during 2018-2020.
The revenue of the market is estimated to grow from USD ~ million in 2018 to
USD ~ million in 2022. Owing to the upcoming Expo 2020 and the Vision 2021 the
construction sector is anticipated to grow at a significant pace in the
country. Subsequently the market for pipes and fittings market is also likely
to witness significant growth in the near future
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