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United Arab Emirates Plastic Pipes and Fittings Market Size 2022 by Industry Share, Company Profiles, Growth Strategy, Investment Opportunities and Forecast by Regions to 2025: Ken Research

Plastic pipes are the most widely used all over the world. Plastic pipes are an imperative part of the construction industry, with several applications, including water pipes, sewage pipes, gas pipes, HAVC system, sewage drainage system and several others . Additionally, the commercial, residential, and industrial segments include the construction industry.

UAE Plastic Pipes (UPVC, PVC & CPVC, PE and Others) and Fittings Market Outlook to 2022

The UAE plastic pipe industry is at an increasing stage with a stable growth rate. In terms of revenue, the UAE plastic pipe and fittings market has witnessed steady growth with a positive CAGR over the past five years (2012-2017). The policy of economic diversification has led to remarkable development in leading sectors such as tourism, air transport, trade, financial services, manufacturing and alternative energies. With the measured influx of expatriates over the years, the needs for residential housing, public and commercial infrastructure have also gradually increased in the country. The market is recorded by organized players due to the highest quality of products, massive product portfolio and low cost. Plastic pipes in the UAE have their main applications in water supply and sewage applications where high strength, light weight, simple installation and cost effectiveness of pipes make them a magnificent option.

Not only this, due to rapid urbanization, government investments towards infrastructure growth due to which there is a demand for pipes for water delivery systems. The requirement for high performance corrosion resistant steel and plastic pipes has been propelled by large scale inter-provincial oil and gas projects. The implementation of steel pipes and fittings by several industries such as chemical and petrochemical, mining and several others as they are corrosion resistant will support the gradual growth of the market over the considered period.

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Further, the plastic pipes and fittings market in UAE is mostly concentrated with the majority of the market being recorded by top 4-5 players. The entire plastic pipe and fittings industry around the UAE has around 20 to 25 manufacturers. Major pipe manufacturers include Hepworth, Cosmoplast, Modern Plastics, National Plastics and several others. Organized producers have extrusion lines that supply fittings to small manufacturers. Organized players also export their products to the GCC and African countries. Key competitive parameters include product price, quality, product availability on demand, manufacturing values, and product customization.

The UAE plastic pipes and fittings market is expected to increase over the forecast period. The needs of the UAE plastic pipes and fittings market are increasing due to innumerable reasons. Plastic pipes and fittings are used in the construction of new buildings as well as in existing buildings. Increasing urbanization increases the requirement for plastic pipes and fittings. The market demands of plastic pipes and fittings are increasing with the replacement of iron and steel pipes and fittings due to innumerable disadvantages such as corrosion, heaviness and high cost of steel and iron pipes and fittings. The market for plastic pipes and fittings is increasing because plastic pipes and fittings can withstand higher temperatures without rusting or wearing out. Some industrial chemicals react with iron, copper, steel pipes and fittings, and many others.

The UAE plastic pipe market is expected to grow at a positive CAGR from 2018 to 2022. The construction market is one of the main drivers of the UAE economy and is second only to Saudi Arabia in terms of size within the GCC. But the segment has come under considerable pressure in recent years due to the prolonged fall in oil prices. The UAE’s strategic location, well-developed financial market, large customer base and localized drivers will endure to make it one of the most attractive markets in the GCC. Due to the upcoming Expo 2020 and Vision 2021, the construction sector is expected to increase at a significant rate across the country.

For more information, refer to the link below:-

UAE Plastic Pipes and Fittings Market Research Report

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