The Kuwait PVC pipes market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the to grow at a CAGR of 3.1% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
The Kuwait PVC pipes market exhibited moderate growth during 2015-2020. PVC or polyvinyl chloride pipes are lightweight, non-corrosive, cost-effective, and easy-to-install. They have high tensile strength and can withstand high fluid pressure, on account of which they have rapidly replaced conventional metal pipes in plumbing applications in Kuwait. These pipes also offer advantages such as smooth internal bore, a range of diameters and high impact strength due to which they are widely used in telephone ducting and electrical conduits in the country. They are also being utilized in sewage projects and water utility services. Looking forward, IMARC Group expects the Kuwait PVC pipes market to grow at a CAGR of 3.1% during 2021-2026.
Kuwait PVC pipes Market Trends
Kuwait’s coast is located near one of the shallowest and most saline sections of the Arabian Gulf, owing to which the country depends on the desalination process for meeting its potable water requirements. As the continuous discharge from the desalination plants poses a potential threat to the marine environment, the government is constructing water treatment plants to mitigate the negative impact of the wastewater. These projects are expected to provide a positive thrust to the PVC pipes market growth in the region. Apart from this, the Kuwait Public Housing Authority is increasingly using PVC pipes in mega-housing projects to accommodate the growing population in the country.
IMARC Group provides an analysis of the key trends in each sub-segment of the Kuwait PVC pipes market report, along with forecasts for growth at 2021-2026. Our report has categorized the market based on application.
Currently, sewerage and drainage represent the largest application segments as the Ministry of Public Works has been working to improve the sewerage and drainage infrastructure in Kuwait.
The competitive landscape of the Kuwait PVC pipes market has also been examined. Some of the leading players operating in the market are:
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