The
report titled “Saudi
Arabia Plastic Pipes and Fittings Market Outlook to 2022 - By Type of Pipes
(UPVC, PVC and CPVC, PE and Others) and Type of End Use Applications
(Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Others)”
provides a comprehensive analysis on the Plastic Pipes and Fittings industry of
Saudi Arabia. The report covers various aspects including introduction, value
chain, manufacturing process, inspection and testing, stakeholders in the
market, market size by revenue (2012-2017), market segmentation on the basis of
types of pipes, type of market structure, type of end user application, factors
determining prices, competitive landscape, market share and company profiles of
major players, common manufacturing standards used, growth drivers, issues and
challenges and porter five forces analysis for the industry. The report also
includes future outlook for the market (2017-2022) including estimated market
size in terms of revenue, market segmentation on the basis of type of pipes,
type of market structure and type of end user application for the period.
The
report is useful for manufacturers of plastic pipes and fittings and
manufacturers of plastic resins to align their market centric strategies
according to ongoing and expected trends in the future.
Saudi Arabia Plastic Pipes and
Fittings Market and Overview
Market
Size: The plastic pipes and fittings market in Saudi Arabia is in late growth
stage. The organized sector (large and specialized companies) dominated the
market due to superior product quality and product customization. Government
schemes such as Vision 2030 to emphasize on developing sectors such as health
care, defense, transport and logistics will increase the investment in the
construction of hospitals, factories and other infrastructure, boost private
sector contribution to the economy, transform the government’s Public
Investment Fund (PIF) into a USD 2 trillion sovereign wealth fund. There has
also been a shift in consumer preference from steel pipes to plastic pipes for
various industrial uses such as for the purpose of distributing oil and natural
gas as it is a more economical option.
Market Segmentation:
In
2017, uPVC pipes and fittings continued to be the most prevalent product
followed by PVC and CPVC pipes, PE pipes and others in terms of revenue in the
Plastic Pipes and Fittings market in Saudi Arabia. The demand for PVC pipes and
fittings has been declining due to substitution of PE and PPR products and its
increasing application areas. In 2017, Water supply and Sewage contributed the
highest share to the Plastic Pipes and Fittings market of Saudi Arabia. This
was followed by the plumbing sector, other applications such as oil and gas
transmission, cable protection, healthcare and automotive industries, chemical
and oil industries and Irrigation in terms of revenue.
Competitive Landscape
Saudi
Arabia plastic pipes and fittings market is concentrated with the presence of
few big players constituting majority of the market. Saudi Plastic Products
Company Ltd (SAPPCO), Saudi Basic Industries Corporation (SABIC), New Products
Industries Co Ltd. (NEPROPLAST), Arabian Gulf Manufacturers Ltd (AGM), Al
Watania Plastics, Munir Munif Plastic Factory (MMP) and Almona Plastic Product
Company Ltd. Co. are the major players in the market. These big and established
players compete with the other unorganized players on the basis of product
customization, availability of credit facility, product quality and innovation.
Future Outlook
The
future outlook of the industry is positive with an expected recovery in oil
prices in the coming years. The construction industry will continue to expand
with investments in infrastructure, residential, water and energy projects. The
plastic pipes and fittings market growth will also be driven by the country’s
Vision 2030, under which the government aims to diversify the country’s economy
away from oil and support economic growth. Construction of affordable housing units
is also expected to increase as the government plans to increase the proportion
of Saudi families which own their own house from 47% in 2016 to 52% by 2020.
The transition in the preference for plastic type is set to reduce the market
of PVC pipes and fittings and consequently increase the market of PE pipes by
2022 in terms of revenue. The proportion of imports is expected to fall in
terms of volume as PPR and PE producers in the country increase their
production to meet the local demand.
Key Segments Covered
By Type of Pipe
·
uPVC
·
PVC and CPVC
·
PE
·
PPR, ABS, PVDF
and others
By Type of Market Structure
·
Organized Market
·
Unorganized
Market
By Type of End User Application
·
Water Supply and
Sewage
·
Plumbing
·
Chemical and Oil
·
Irrigation
·
Gas Transmission,
Cable Protection, Healthcare and Automotive Industries and others
Key Target Audience
·
Plastic Pipes and
Fittings Manufacturers
·
Plastic Resins
Manufacturers
·
Major Importers
of Plastic Pipes and Fittings
·
Private Equity
Ventures/ VC Funds
Time Period Captured in the Report:
2012-2017
– Historical Period
2018-2022
– Future Forecast
Companies Covered:
Plastic Pipes and Fittings
Manufacturing Companies:
Saudi
Plastic Products Company Ltd. (SAPPCO), Saudi Basic Industries Corporation
(SABIC), New Products Industries Co Ltd. (NEPROPLAST), Arabian Gulf
Manufacturers Ltd (AGM), Al Watania Plastics, Munir Munif Plastic Factory
(MMP), Almona Plastic Product Company Ltd. Co., Hepworth, Arabian Plastic
Manufacturing Company Ltd. (APLACO) and Saudi Plastic Products Company Ltd.
Dammam
Key Topics Covered in the Report
·
Snapshot on
Middle East Plastic Pipes and Fittings market including market size by revenue
(2013 - 2017), market segmentation by types of pipes, type of market structure
and type of end user application
·
Introduction on
Saudi Arabia Plastic Pipes and Fittings Market
·
Value Chain
·
Manufacturing
Process
·
Inspection and Testing
·
Stakeholders in
the Market
·
Market Size by
revenue (12-17)
·
Market
Segmentation on the Basis of Types of Pipes, Type of Market Structure, Type of
End User Application
·
Factors
Determining Prices of the Product
·
Competitive
Landscape in the Industry
·
Company Profiles
of Major Players in the Market
·
Common
Manufacturing Standards Used
·
Growth Drivers
·
Issues and
Challenges
·
Porter Five
Forces Analysis
·
Future Outlook
(2017-2022) including estimated market revenue, market segmentation on the
basis of type of pipes, type of market structure and type of end user
application.
For more information about the report, refer
to below link:
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