According to the latest report by IMARC Group, titled “Bahrain PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Bahrain PVC pipes market size reached 92.1 Kilo Tons in 2020. Polyvinyl chloride (PVC) pipes are produced through the extrusion of a blend of polymer resin and additives. PVC is a corrosion-, chemical-, and flame-resistant material that is easy to shape and handle. The pipes are generally manufactured in a solid wall or cellular core construction dimension. They offer high durability, recyclability, cost-effectiveness, and long service life. As a result, PVC pipes are considered an efficient alternative to wood, metal, concrete, and clay pipes in the building and construction, electronics, healthcare, and automobile industries. In Bahrain, PVC pipes have gained traction as a substitute for metallic piping systems as they can withstand extreme movements without experiencing any damage.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Bahrain PVC Pipes Market Trends:
The Bahrain PVC pipes market is primarily driven by the growing construction industry that utilizes PVC pipes for water supply, sewage and drainage, housing and irrigation purposes. The Government of Bahrain is also extensively investing in the installation of new pipelines, as well as for the operation and maintenance of water and wastewater projects. It is also developing irrigation infrastructure and the real estate sector, which are positively influencing the market in the region. Besides this, as end users are gaining awareness regarding the smaller environmental footprints of the PVC pipes, their demand is escalating in the region. These pipes also consume lesser energy and resources during production and thereby help in reducing carbon emissions. Furthermore, several manufacturers are engaged in extensive research and development (R&D) activities to provide better quality products at competitive prices. They have also introduced unplasticized PVC (uPVC) pipes that are considered suitable for electric conduits as they eliminate the possibility of electrolytic corrosion. Due to this, they are extensively utilized in well casing and screens and other mining operations. On account of these factors, the market volume is expected to reach 108.5 Kilo Tons by 2026, exhibiting a CAGR of 3.10% during the forecast period (2021-2026).
- Based on the application, sewage and drainage hold the largest market share, followed by irrigation, plumbing, water supply, HVAC, and oil and gas.
- The competitive landscape of the market has been examined, with some of the key players being Gulf Plastic Industries, Bahrain National Plastics Company (BANAPCO), and Tylos Plastic Industries.
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