According to the latest report by IMARC Group, titled “Saudi Arabia PPR Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Saudi Arabia PPR pipes market reached a volume of 21,357 Tons in 2018. PPR pipes are thermoplastic pipes which are manufactured from polypropylene random copolymer. They are ideal for drain, waste, ventilation and sewage applications. Due to their fusion welding and corrosion resistant properties, these pipes are extensively used in high pressure cold and hot water plumbing, and potable water supply systems. The demand for PPR pipes in Saudi Arabia is escalating as they are cost effective, environment friendly and offer numerous advantages over other piping systems.
The Saudi Arabia PPR market is growing on account of several growth-inducing factors. PPR pipes have high mechanical strength, easy workability, resistance to stray electrical currents and low density, owing to which these pipes are used in irrigation, plumbing and water distribution systems. Further, they offer high resistance against reactive chemicals, thereby being ideal for use in research facilities and chemical industries. Apart from this, Saudi Arabia provides various opportunities to PPR pipe manufacturers as it is the largest producer and exporter of polymers and chemicals globally. On account of these factors, the Saudi Arabia PPR pipes market is projected to reach a volume of 24,186 Tons by 2024, growing at a CAGR of 2% during 2019-2024.
This report provides a deep insight into the Saudi Arabia PPR pipes market 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. 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 PPR pipes industry in any manner.
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