The latest report by IMARC, titled “Oman PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, finds that Oman PVC pipes market size reached US$ 127.1 Million by 2021. Polyvinyl Chloride (PVC) pipes are produced through chlorinated hydrocarbon polymers that are rigid and brittle in their natural state, whereas when combined with additives, including plasticizers, they become resilient and malleable. These pipes are extensively used for applications like medical tubing, furniture, and flooring as they are lightweight, flexible, and long-lasting as compared to traditional pipes. PVC pipes are resistant to bending, fire, extreme movement, and bacterial contamination, thereby requiring a lesser amount of energy. These features make them easy to install, handle, and transport. As a result, PVC pipes have gained momentum in Oman as a replacement for cast-iron and galvanized pipes.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of the associated industries. These observations will be integrated into the report.
Oman PVC Pipes Market Trends:
One of the primary factors driving the market is the rising infrastructure projects and exponential growth in the tourism sector due to its rich heritage. Along with this, the rising awareness about clean water supply and the increasing investments in rural areas are creating a positive market outlook across the country. Besides this, PVC pipes are replacing conventional piping materials as they do not rust or wear over time and are able to resist extreme earthquakes and shaking. Apart from this, the introduction of more eco-friendly and economical PVC pipes with enhanced physical and mechanical properties is propelling the market growth. Furthermore, the Oman Power and Water Procurement Company facilitated the Salalah Independent Water Project (IWP) to a consortium involving ACWA Power and Veolia Middle East in Dhofar. This project is expected to escalate the demand for PVC pipes in Oman. Looking forward, IMARC Group expects the market value to reach US$ 190.1 Million by 2027, expanding at a CAGR of 6.7% during the forecast period (2022-2027).
- Based on the application, the market has been divided into sewerage and drainage, plumbing, water supply, HVAC, oil and gas, and irrigation. Currently, sewerage and drainage represent the largest market share.
- The competitive landscape of the market has also been analyzed, with some of the key players being Muna Noor, Oman Zawawi Est. LLC, Amiantit Oman, and Composite Pipe Industry.
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