Mexico obliges as a trading hub in the terms of position for the enlargement, production as well as the Plastic Pipes Market and fittings in and neighboring the American region. Also, the effective augment in the presence of both international as well as domestic players attached with fresh government initiatives have generated a positive impact on the market. Mexico plastic pipes and fittings market in terms of production worth was observed to augment over the review duration of 2013-2018. The plastic pipes and fittings market has augmented on account of budding infrastructure and real estate projects specifically, housing and transportation infrastructure; repossession within the mining segment, and developed free trade agreements such as NAFTA and TPP.
However, the South Africa plastic pipes and fittings market was witnessed in its growth stage and the market is greatly correlated with the improvement in the sewage and drainage, irrigation, and mining industries across South Africa. The market has increased at a slower pace than projected owing to the economic slowdown across the country which adversely exaggerated the infrastructure segment as government spending has substantially decreased over the years.
Whereas, Rare Plastics, Swan Plastics, and Sizabantu Plastics are the market leaders of PVC, HDPE, and O-PVC pipes and fittings correspondingly in terms of revenue, as of 2018. O-PVC being the emerging segment has only one domestic producer in the country. The majority of such pipes and fittings are produced in the country and the rest is imported from regions such as Botswana, Spain, China, and several others. Leading end-user applications of PVC plastic pipes and fittings across South Africa were towards sewage, drainage, water transmission and distribution, irrigation, and several others whereas, HDPE plastic pipes were majorly utilized within the mining segment especially in grout lines for transporting minerals and wasters in the mines.
In addition, Competition across the Indonesia Plastic Pipes and Fittings Market is temperately fragmented with the existence of approximately 25-30 players. The market is principally organized with healthy competition among the domestic and foreign players functioning in the market. The corporates establish their brand existence and enlarge their dealer network through marketing, promotion, and interactions with end-user individuals. Smaller corporates operate in the market in the unorganized segment and do not have resources for enormous scale production and generally produce PVC products.
Not only has this, but the market is also exceedingly organized as big manufacturers across Israel have the majority of market share. Some of the foremost players in the market are Huliot Piping System, Uniflex, Palgal, Pexgol, Plassim, and Bambi Plast. There are few unorganized companies such as Tassa and AAH Plast ltd. which have suggestively small market share. Price of the product, the superiority of the product, on requirement availability of the product, producing standards, and product customization are some of the contending parameters. The competitive contention in the market is penetrating as the market is decidedly commoditized. The competition is at a mature stage and there are many producers of plastic pipes and fittings in the market. Presently there has been a merger of two of the principal players in the market which shows the predisposition of the market to move towards consolidation during the future.
Additionally, the increasing population and urbanization are projected to drive the adoption. Growing requirement for isolating the pumps & equipment and for handling the flow of wastewater and municipal water treatment is also projected to play a foremost role in augmenting the industry penetration.
Related Reports by Ken Research: –
Indonesia Plastic Pipes and Fittings Market Outlook to 2023
Kuwait Plastic Pipes and Fittings Market Outlook to 2022
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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