How have Oman Plastic Pipe and Fitting Market
Evolved?
Oman
Plastic Pipe and Fitting Market is in its growth stage. The market has
registered a five year CAGR of ~% from 2012 to 2017. The raw materials used in
manufacturing of plastic pipes and fittings are easily available in the
country. In the earlier days PVC pipes were primarily used in the market but as
the economy of the country expanded the demanded shifted to PE pipes. Currently
an increase in demand of PP pipes can be witnessed in the country. The market
depends largely on the infrastructure growth in the country. The market has
grown at slower pace than expected due to economic crisis that have engulfed
Oman. The economic slowdown has adversely affected the infrastructure sector of
the country as government spending has reduced substantially over the years.
The steps
taken by government in order to achieve economic diversification has had a
positive effect on the plastic pipe and fitting market. Infrastructure projects
undertaken by the private sector have increased in value over the last few
years. Construction of Duqm special
economic zone have also boosted the plastic pipes and fitting market. Among
plastic pipe and fitting market plastic fittings are mostly exported from
neighboring countries. Water conservation is one of the major trends that can be
observed in Oman which has affected the plastic pipe and fitting market a lot.
Most of the plastic pipes in Oman are used for water supply and sewage systems.
Real estate developers constitute one of the biggest end users in the country.
Oman Plastic Pipe and fitting market
segmentation
By Type of End User Application:
The end user
application for plastic pipes and fittings can be categorized into Water supply
and sewage, Irrigation, Oil and chemical industry pipelines, Plumbing and
others (cable protection, gas and others). ~% of the plastic pipes and fittings
in Oman are used for water supply and sewage systems. UPVC and HDPE pipes are
being preferred by the government as they are comparatively low in cost as
compared to steel and iron pipes under similar working condition and life.
Plumbing application has ~% of the market share due to which large scale of
real estate construction undertaken by the private sector in Oman. Chemical and
Oil sectors are widely present in Oman. These sectors also use plastic pipes
and fittings which accounts to ~% of the entire market. Irrigation sector has
~% of the market share in the country. Other application which include transfer
of gas and electric cable conduits account for ~% of the market share.
Type of Pipe:
The market
is segmented into UPVC, Plain PVC and CPVC, PE and Others. Others mainly
include plastic pipes such as ABS and PP. In 2017, PE pipes had the largest
market share of ~%. This is due to the fact that these types of pipes can be
used in large number of commercial and domestic application. UPVC pipes has a
market share of ~% as these types of pipes are very cheap and are widely used
in various sectors such as water pipelines. Plain PVC and CPVC pipes has a
combined market share of ~% as these types of pipes have been substituted by a
number of types of pipes such as PE pipes. The newest type of pipes such as
ABS, PPR, and PPX etc are categorized under others. The market share of such
pipes is ~%. These types of pipes are of high quality but at the same time are
very high priced.
By the Type of Market Structure:
The market
structure of plastic pipes and fittings can be categorized into organized and
unorganized players. The organized players have a market share of ~%. The
unorganized players have the market share of ~%. Amiantit Oman, Muna Noor,
Hepworth are some of the players in organized sector of plastic pipe and
fitting. There are less than ~ players in the organized market and these
companies manufactures high grade of plastic pipes and fittings. The players in
unorganized market mostly manufacture plain PVC pipes only.
By the Type of Source:
This
classification divides the market into domestically manufactured product and
imported products. The domestically manufactured products acquire ~% of the
market share which comprises of all the types of plastic pipes. Low price of
raw material is one of the reasons for high market share of domestically
manufactured pipes. Imported pipes are having a market share of ~%. The
products imported mostly include plastic fittings which are not manufactured on
large scale within the country.
Competitive Landscape in Oman Plastic Pipe and
Fitting Market
The
competition of the market is concentrated in the hands of top five players
which include Amiantit Oman, Muna Noor, National Plastic, Hepworth and United
Gulf Pipe Manufacturing Company. Out of these companies National Plastic and
UGPM are the two companies which manufacture plastic fittings, apart from these
two companies plastic fittings is imported. The market share of these companies
is ~%. Amiantit Oman is the biggest manufacturer of plastic pipes and fittings
in the country with a market share of ~%. It is followed by Muna Noor with
market share of ~%. National Plastic (~%), Hepworth (~%) and UGPM (~%)
constitute 80% of the Oman plastic pipe and fitting market. There are some
unorganized players in the market who together constitute ~% of the market
share by revenue. The manufacturers either sell the products to end users
directly through B2B sales or through retailers. Muna Noor also sells to its
customers through its exclusive retail stores.
Key
Segments Covered
By
End User Application:
Irrigation
Water Supply & Sewage
Plumbing
Chemical & Oil
Others (Cable Protection, Gas etc.)
By
Type of Pipes:
Unplasticized Polyvinyl Chloride
(UPVC)
CPVC and PVC
Polyethylene (PE) (HDPE, MDPE, LDPE)
Others (Include polypropylene pipes,
ABS, Polyvinylidene fluoride (PVDF) Etc.)
By
Type of Market Structure
Organized Sector
Unorganized Sector
Key
Target Audience
Plastic Resin Suppliers
Plastic Pipe and Fitting Manufacturing
Companies
Oil and Gas Industry
Government Bodies
Real Estate developers
Agriculture Sector Companies
Time
Period Captured in the Report:
2012-2017 – Historical Period
2017-2022 – Future Forecast
Companies
Covered:
Amiantit Oman, Muna Noor, Hepworth,
National Plastic, UGPM
Key
Topics Covered in the Report:
Overview of Oman Plastic Pipe and
Fitting Market
Value chain analysis
Oman Plastic Pipe and Fitting Market
Size by Revenue
Major Players in the Oman Plastic Pipe
and Fitting Market
Market Segmentation by Type of Pipe
(UPVC, CPVC and PVC, PE, Others) and By End User Application (Irrigation, Water
Supply & Sewage, Plumbing, Chemical & Oil, Others Restraints
Growth Drivers
Company profile of Major Manufacturers
(Amiantit Oman, Hepworth, Muna Noor, UGPM, National Plastic)
Market Snapshot of Middle East Plastic
Pipe and Fitting Market
Vendor Selection Process
Future Outlook
Analyst Recommendation
For more
information on the research report, refer to below link:
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Reports
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Ankur Gupta, Head Marketing &
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+91-9015378249
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