GCC Polyethylene (PE) Pipes Market

GCC Polyethylene (PE) Pipes Market Overview:

The GCC polyethylene (PE) pipes market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Polyethylene (PE) pipes refer to flexible plastic pipes used to carry fluids and gases. They are frequently used to replace main pipelines of aging concrete or steel. They are electrical conduits made from graded raw materials. They are produced from polyethylene (PE), a thermoplastic material formed via the polymerization of ethylene, which is known as one of the best mediums for conveying and transporting chemicals, water, and gases. One of the main advantages of using these pipes is that they are relatively lighter than conventional cast iron and galvanized iron pipes. Besides this, they are non-corrosive, which makes them suitable for water transportation. The advantageous features of PE pipes make them ideal for numerous applications, including flood irrigation, drip irrigation, water supply and distribution, sewage, and industrial effluent disposal, air-conditioning and refrigeration ducting, electrical installations, and drainage pipes.

The PE pipes market in GCC is primarily driven by rapid urbanization and growing industrialization in the region. In line with this, increasing infrastructural activities is positively influencing the market. Furthermore, PE pipes are being extensively adopted for supplying water across the GCC countries, thus catalyzing the market. In addition, ongoing and upcoming projects, which include the construction of megacities and the development of infrastructure, are propelling the product demand. Apart from this, the rising construction of industrial zones and business parks, along with the renovation of healthcare infrastructures, is strengthening the market growth. Moreover, rapid technological advancement and a significant increase in the oil and gas industry are creating a positive outlook for the market. Besides this, the increasing demand for sustainable product development due to rising environmental concerns is providing a positive thrust to the market expansion. Additionally, the implementation of favorable government policies encouraging the adoption of PE pipes across the GCC countries as they help reduce greenhouse gas emissions are providing a boost to the market. Other factors, including heavy investment in wastewater treatment and water infrastructure, expansion of the end-use industries, and the escalating demand from the telecommunication sector for pipes in optic fiber and cable protection applications, are providing a boost to the market growth.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC polyethylene (PE) pipes market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC polyethylene (PE) pipes market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC polyethylene (PE) pipes market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC polyethylene (PE) pipes market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC polyethylene (PE) pipes market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC polyethylene (PE) pipes market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC polyethylene (PE) pipes market industry. Furthermore, the value chain analysis of the GCC polyethylene (PE) pipes market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Polyethylene (PE) Pipes Market Segment Insights:

The GCC polyethylene (PE) pipes market has been analysed as followed:

By Type

• HDPE
• LDPE
• MDPE
• LLDPE

By Application

• Water Supply
• Irrigation
• Sewerage and Drainage
• Gas Supply
• Others

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Polyethylene (PE) Pipes Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC polyethylene (PE) pipes market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs