|
|
 |
|
|
Saudi Arabia PVC Pipe and Fitting Market is Expected to be Led by Huge Demand from Oil & Gas Sector by Ankur Gupta
|
|
|
Saudi Arabia PVC Pipe and Fitting Market is Expected to be Led by Huge Demand from Oil & Gas Sector by ANKUR GUPTA
|
|
| Article Posted: 11/30/2017 |
| Article Views: 766 |
| Articles Written: 1063 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 393 |
| Article Votes: 0 |
|
Saudi Arabia PVC Pipe and Fitting Market is Expected to be Led by Huge Demand from Oil & Gas Sector |
|
|
|
|
|
Manufacturing
|
|
|
High demand in Industrial and Commercial Sector, Usage in External Plumbing & Infrastructure Projects to improve Drainage Network and Expansion of Oil and Gas Network were the key factors driving growth in Saudi Arabia PVC Pipe and Fittings Market. PVC pipe is the market leader among plastic pipes with nearly all end users utilizing PVC pipes for varied purposes. Saudi Arabia’s market witnessed majority of the demand for PVC pipes from external plumbing & infrastructure projects that included drainage & sewage networks. It was witnessed that PVC pipes and fittings market was dominated by domestic manufacturers with minor imports. The competition in the local market has been intense due to the availability of major companies producing almost the same product in terms of quality. Demand for PVC pipe is expected to witness enhanced growth trajectory as the economy recovers in future with correction in oil & gas prices backed with increasing replacement for ageing pipes. One of the major challenges witnessed by Saudi Arabia is scarcity of water which resulted in substantial investment by government in seawater desalination, water distribution, and sewerage and wastewater treatment. Government is largely dependent on pipe companies for enhancement of water supply infrastructure which aided the PVC pipe and fitting market over the years. Cost effectiveness of installation of PVC pipes, low maintenance cost and replacement of ageing pipes derived market growth. PVC pipes are largely used in oil & gas industry owing to their durability and cost effectiveness. Mild recovery in oil prices in 2017 and high demand from infrastructure & commercial sectors have aided the overall market growth of PVC pipes in the Kingdom. The report titled “Saudi Arabia PVC Pipe and Fittings by Type of Pipes (Chlorinated PVC Pipe, Regular PVC Pipe, Plasticized PVC Pipe and Fittings), by Application (Water Supply, Sewerage, Plumbing, Chemical & Oil and Others) and by Market Structure (Organized and Unorganized market) - Market Outlook to 2022” by Ken Research suggested growing focus on desalination, expansion of wastewater treatment, improvement in company’s operational efficiency will further boost PVC Pipe and fitting market growth. The report underscored a positive CAGR in revenues in Saudi Arabia PVC pipes and fittings market in next 5 years till 2022. For more information about the publication, refer to below link: https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/saudi-arabia-pvc-pipe-market/142281-97.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-124-4230204 ext 26
Related Articles -
Future Outlook PVC Pipe Market, Middle East PVC Pipe Industry, CPVC Pipe Market Demand Saudi Arabia, RPVC Pipe Fitting Market KSA,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
SUSAN FRIESEN
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
SHALINI MITTAL
A postgraduate in Fashion Technology. Shalini is a writer at heart! Writing for her is an expression...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
JAMES KENNY
James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more
|
|
|
|
