Polyethylene (PE) is a thermoplastic material produced from the polymerization of ethylene. It is used for the production of films, bottles, geomembranes, pipes, bags, cables, etc. Amongst these, PE pipes are generally manufactured with graded raw materials such as PE 100, PE 63 and PE 80. These pipes are durable, flexible, resistant to biological growth and do not rust or corrode. In addition to this, PE pipes can handle occasional surge events which recur in the water distribution systems. Moreover, PE pipes are light in weight due to which their transportation and handling costs are lower than their counterparts. As a result, these pipes have gained preference over pipes made from other materials, such as steel, copper, iron, concrete and aluminium, across Saudi Arabia. A new research report by IMARC Group, titled “Saudi Arabia PE Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimates that the Saudi Arabia PE pipes market reached a volume of 164,687 Tons in 2018. The report further anticipates the market to reach a volume of 228,568 Tons by 2024, at a projected CAGR of 5.6% over the forecast period.
Saudi Arabia PE Pipes Market Drivers/Constraints:
Type Insights:
On the basis of type, the market has been segmented into HDPE, MDPE, LDPE and LLDPE. Amongst these, HDPE pipes represent the largest segment as they provide optimum resistance towards cracking, corrosion and high temperatures.
Application Insights:
Currently, PE pipes are used for a variety of applications including water supply, gas supply, sewerage and drainage, mining and slurry lines, and irrigation. In Saudi Arabia, PE pipes are being majorly used for supplying water.
Competitive Landscape:
The Saudi Arabia PE pipes market is fragmented in nature with the presence of numerous small and large manufacturers who compete in terms of price and quality. Some of the leading players operating in the market are:
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