The Oman PVC products market reached a volume of 76,923 Tons in 2018. Oman’s PVC products market comprises of pipes, electrical conduits and ducts, windows and doors, medical tubes, valves, road barriers and other consumer products such as boots, rainwear, etc. Amongst these products, pipes account for the majority share in the market and are used widely in sewerage and water distribution applications in the construction industry as well as for irrigation purposes in the agriculture sector of the country.
The PVC products market in Oman has been driven by the growth in the construction activities in the residential and commercial building sectors, transportation, infrastructure and tourism industries. Oman government is also focusing on diversification of economy and hence, promoting the growth of non-oil downstream industries, especially the manufacturing sector. In order to develop the small- and medium-scale industries in the country, Omani government is facilitating tax incentives and credit approvals, and also making amendments in policies in order to attract foreign direct investments. These factors are expected to keep the growth curve upward for the PVC products industry in the coming years. Looking forward, IMARC Group expects the market to reach a volume of 88,116 Tons growing at a CAGR of around 2.3% during 2019-2024.
Market Breakup by Product:
Amongst these, pipes and fittings currently hold the largest share in the Oman PVC products market.
Market Breakup by Product Type:
Amongst these, rigid PVC products represent the leading segment accounting for majority of the market share.
Market Breakup by End-Use Industry:
Amongst all the applications, construction industry represents the leading segment holding the largest share.
The report has also examined the competitive landscape of the Oman PVC products market. Some of the major players in the PVC products industry include:
Key Questions Answered in This Report:
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