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The Saudi Arabia PE Pipes market reached a volume of 183,033 Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 5.8% 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.
Polyethylene (PE) is a highly crystalline non-polar thermoplastic generated through the polymerization of ethylene. It can be easily melted and reshaped in different product ranging from bags, bottles, and pipes to medical devices and bulletproof vests. PE pipes are durable, flexible, resistant to biological growth and do not rust or corrode. Additionally, a wide range of piping applications in Saudi Arabia, such as supplying water for drinking and irrigation, serving as telecom ducts, and sewerage and sewage disposal, have resulted in a high demand for PE pipes in the country.
PE pipes are extensively used in the distribution of oil and natural gas as these pipes are inherently tough, resilient and resistant to damage caused by external loads and vibrations. This is expected to spur the growth of the market as Saudi Arabia has an abundance of oil, natural gas and minerals. Additionally, these pipes are used in desalinating sea-water, treating wastewater and supplying water for irrigation. This is further projected to influence the growth of the market. Some of the other factors that are propelling the demand for polyethylene as a piping material are its eco-friendly nature, easy installation process, lower maintenance cost and longer service life.
The report has segmented the market on the basis of type into HDPE, MDPE, LDPE and LLDPE pipes. Currently, HDPE pipes are the most popular product type, holding the largest share. The market is also segregated on the basis of application as water supply, gas supply, sewerage and drainage, mining and slurry lines, and irrigation. Amongst these, the water supply sector is the leading application area, accounting for the majority of the market share. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of these include Saudi Plastic Products Company Ltd., Alwasail Industrial Company, Arabian Gulf Manufacturers Ltd., Saudi Arabian Amiantit Company, Al Jubail Sanitary Pipe Factory and IKK Group.
This report provides a deep insight into the Saudi Arabia PE pipes industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a PE pipes market manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Saudi Arabia PE pipes industry in any manner.
The Saudi Arabia PE pipes market reached a volume of 183,033 Tons in 2020.
According to the estimates by IMARC Group, the Saudi Arabia PE Pipes market will exhibit moderate growth during the next five years.
With the rising environmental concerns and high recyclability properties of PE pipes, their applications are expanding in various industries.
The increasing number of oil and gas exploration activities and continual infrastructural renovations are among the key factors spurring the market growth in the country.
The outbreak of the coronavirus disease (COVID-19) has negatively impacted the market growth. This can be accredited to the lockdown imposed by the Government, disruptions in the supply chain and operational inefficiency in various end use industries.
On the basis of the type, the market has been divided into HDPE, MDPE, LDPE and LLDPE.
Based on the application, the market has been categorized into the water supply, irrigation, sewerage and drainage, gas supply, mining and slurry lines, and others.
Leading industry players are Saudi Plastic Products Company Ltd. (SAPPCO), Saudi Arabian Amiantit Co., Arabian Gulf Manufacturers Ltd., Alwasail Industrial Company, Al-Jubail Sanitary Pipe Factory (JSPF) and IKK Group.
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