Oman plastic pipe and fitting market is in its late growth stage. The market has accoimted a five year CAGR of single digit from 2012 to 2017. Among plastic pipe and fitting market, plastic fittings are majorly imported from neighbouring regions. Water conservation is one of the foremost trends that can be witnessed in Oman which has affected the plastic pipe and fitting market. Requirement for dissimilar variant of plastic pipes which are stronger and more economical is the other foremost factor for the outpouring in revenues of plastic pipe and fittings.
According
to the report analysis, ‘Oman
Plastic Pipe and Fitting Market Outlook to 2022 - By Type of Pipe (UPVC, CPVC
and PVC, PE, Others) and By End User Application (Irrigation, Water Supply
& Sewage, Plumbing, Chemical & Oil, Others)’
states that the market is concentrated among finest
five players which comprise 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 introduce the plastic
fittings. Fittings market is principally import driven. Amiantit Oman is the finest
manufacturer of plastic pipes and fittings in the country with a great market share.
It is followed by Muna Noor, National Plastic, Hepworth and UGPM which together
establish more than three fourth of the Oman plastic pipe and fitting revenue.
There are some unorganized players in the market which have very small market
share.
At
Ken Research, Oman Plastic Pipe and Fitting market conveys a comprehensive
analysis on the Oman plastic pipe and fitting market. The report covers several
aspects comprising introduction to Oman plastic pipe and fitting market size, foremost
players in Oman plastic pipe and fitting market, Market segmentation by Type of
Pipe (UPVC, CPVC and PVC, PE, Others), Market Segmentation by End User
Application (Irrigation, Water Supply & Sewage, Plumbing, Chemical &
Oil, Others), Growth Drivers, Restraints, foremost Regulations Future Outlook
and Analyst recommendation.
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This
report will assist the readers to recognise the ongoing trends in the industry
and projected growth in future reliant upon changing industry dynamics during
coming years. The report is beneficial for manufacturers, retailers, end users
such as government and potential entrants and other stakeholders to bring into
line their market centric strategies according to ongoing and projected trends
in the future.
On
the basis of types of Pipes, the market is classified into UPVC, PVC and CPVC,
PE and Others. Others comprise plastic pipes such as ABS, PP etc. During 2017,
PE pipes had the greatest market share. UPVC pipes have the second largest
share as these types of pipes are practically priced and are widely utilized in
several sectors such as water pipelines etc. PVC and CPVC have been substituted
by diversity of other materials such as PE pipes. The up-to-date type of pipes
such as ABS, PPR, and PPX are classified under others as their individual revenue
contribution is low.
Oman
Plastic Pipe and Fitting Market Growth
The
future outlook (2017-2022) of the industry is positive and is projected to augment
at a CAGR of higher than the present period of estimation (2012-2017). It is projected
that the PE pipes will augment at the fastest pace among all the types of
plastic pipes, owing to growth in end user application locations. The usage of
PVC pipes is projected to reduce owing to substitution by other types of
plastic pipes. The market share of organized sector producers is predicted to augment
in 2022. The domestic manufacturing is projected to augment in the near future
and will be mainly underwritten by better capacity utilization. In case of end
user application plastic pipes utilized in oil and chemical industry along with
water supply and sewage pipelines is projected to augment at fastest pace owing
to enhanced aim on recovering the economy and conservation of water.
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