Saudi Arabia PE Pipes Market: Overview 2017, Demand by Regions, Types and Analysis of Key Players
The Saudi Arabia PE pipes market has been witnessing a positive growth. This can be attributed to a rapid rise in the demand for polyethylene as a piping material and thriving construction industry in the region.
The latest report by IMARC Group, titled “Saudi Arabia PE Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, finds that the Saudi Arabia PE pipes market has reached a volume of 27,107 Tons in 2016, exhibiting a CAGR of more than 8% during 2009-2016. PE pipe is made up of polyethylene which is a non-polar crystalline thermoplastic produced through the polymerization of ethylene. These pipes are generally manufactured with graded raw materials such as PE 100, PE 63 and PE 80. As a result, PE pipes are durable, abrasion-resistant, fatigue-resistant and can handle occasional surge events that are recurring in the systems of water distribution. Additionally, these pipes are light in weight due to which their transportation and handling costs are lower than their counterparts. Owing to these characteristics, PE pipes find numerous applications across various sectors.
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Highlights of the Saudi Arabia PE pipes market:
Thriving construction industry in the region acts as a major growth-inducing factor.
HDPE remains the largest product type accounting for the majority of the share.
Water supply represents the biggest application of PE pipes in Saudi Arabia.
In Saudi Arabia, a surge in the construction and infrastructural activities have led to the rise in piping applications which is inducing the growth of the PE pipes market in the region. In addition to this, as PE pipes are ideal for distributing natural gas and oil, the demand for these pipes has inflated. Moreover, ongoing infrastructural projects ranging from activities such as improvements in education, health care, transportation to the construction of industrial zones and business parks is also anticipated to strengthen the market growth. Apart from this, as, PE pipes are environment friendly in nature and help in reducing the greenhouse gas emissions, the Government is promoting their usage across the region. This has, in turn, positively contributed towards the market growth. As a result, the Saudi Arabia PE pipes market is expected to reach a volume of around 38,860 Tons during 2017-2022.
On the basis of type, HDPE pipes currently exhibit a clear dominance in the market, followed by MDPE, LDPE and LLDPE. Based on application, water supply holds the largest share in the market. It is followed by gas supply, sewerage and drainage, mining and slurry lines, and irrigation. The competitive landscape of the market has also been analysed with some of the key players being Saudi Plastic Products Company Ltd., Neproplast, Alwasail Industrial Company, Arabian Gulf Manufacturers Ltd., Saudi Arabian Amiantit Company and Al Jubail Sanitary Pipe Factory.
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The report by IMARC Group has examined the Saudi Arabia PE pipes market on the basis of:
Mining and Slurry Lines
Saudi Plastic Products Company Ltd.
Arabian Gulf Manufacturers Ltd.
Al Jubail Sanitary Pipe Factory
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