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Saudi Arabia PE Pipes Market to Grow at 5.1% During 2024-2032, Impelled by Increasing Utilization for Oil and Gas Distribution

July 15, 2020 | Chemical & Materials

According to the latest report by IMARC Group, titled "Saudi Arabia PE Pipes Market Report by Type (HDPE, MDPE, LDPE, LLDPE), Application (Water Supply, Irrigation, Sewerage and Drainage, Gas Supply, Mining and Slurry Lines, and Others) 2024-2032," the Saudi Arabia PE pipes market reached a volume of 271,300 Tons in 2023. Polyethylene (PE) refers to a non-polar thermoplastic that is obtained by the polymerization of ethylene. PE pipes are widely used in numerous piping and agricultural applications. They are characterized by their durability, malleability and flexibility. Additionally, these pipes are easy to handle, have extended shelf life and superior recyclability. Extremely resistant to corrosion, fatigue and biological growth, they are not altered in the presence of corrosive soil with high sulfate content or contaminated by algae, fungi or bacteria. They are consequently utilized for carrying drinking water, oil, cables, slurries, chemicals, wastewater and compressed gases across numerous industry verticals, including mining, industrial, construction, oil and gas, telecommunication, and wastewater treatment sectors.

Saudi Arabia PE Pipes Market Trends:

The market is primarily driven by the increasing number of oil and gas exploration activities in Saudi Arabia. This can be attributed to the abundance of reserves available in the country, along with the associated convenience of usage of these pipes. For instance, the resilience of PE pipes that prevents damage caused by vibrations and external loads is increasing the utilization of these pipes in the distribution of oil and natural gas. Apart from this, significant developments in the residential and commercial sectors, along with continual infrastructural renovations in the country, have led to the escalating demand for PE pipes for gas and water distribution purposes. The market is further driven by the growing utilization of these pipes for irrigation, treating wastewater and desalinating seawater. Apart from this, growing awareness regarding the usage of PE pipes in varied applications for reducing greenhouse emissions due to their non-toxic nature, longer service life and high recyclability. Looking forward, IMARC Group expects the Saudi Arabia PE pipes market to grow at a CAGR of 5.1% during 2024-2032.

Market Summary:

  • On the basis of the type, the market has been divided into HDPE, MDPE, LDPE and LLDPE, wherein HDPE pipes represent the most preferred segment.
  • On the basis of the application, the market has been categorized into water supply, irrigation, sewerage and drainage, gas supply, mining and slurry lines, and others. Among these, the water supply sector accounts for the majority of the total market share.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Saudi Plastic Products Company Ltd. (SAPPCO), Alwasail Industrial Company, Arabian Gulf Manufacturers Ltd., Saudi Arabian AMIANTIT Company, Al Jubail Sanitary Pipe Factory, and IKK Group.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million, Tons
Segment Coverage Type, Application
Companies Covered Saudi Plastic Products Company Ltd. (SAPPCO), Alwasail Industrial Company, Arabian Gulf Manufacturers Ltd., Saudi Arabian Amiantit Company, Al Jubail Sanitary Pipe Factory, and IKK Group
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Saudi Arabia PE Pipes Market to Grow at 5.1% During 2024-2032, Impelled by Increasing Utilization for Oil and Gas Distribution
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