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According to the latest report by IMARC Group, titled " Saudi Arabia PPR Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the Saudi Arabia PPR pipes market reached a volume of 22,343 Tons in 2021. PPR pipes refer to thermoplastic pipes that are generally manufactured using polypropylene random copolymer plastics. They are characterized by a cylindrical shape with a rigid surface. They are extensively utilized across chemical industries and research facilities for storing chemicals and acids due to their high resistance to reactive chemicals. Along with this, they are also used for sanitation and irrigation applications since these pipes are easy to handle and have low density. Additionally, they are eco-friendly in nature, due to which they are widely adopted as a preferred alternative to galvanized pipes for fitting purposes.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Saudi Arabia PPR Pipes Market Trends:
The market in Saudi Arabia is primarily driven by the increasing product adoption across the oil and gas industry. Moreover, rising investments by public and private agencies in infrastructural development projects across the country are providing a boost to the market growth. This is supported by the rising utilization of PRP pipes for water supply systems due to their low thermal conductivity and excellent chemical and mechanical endurance. Along with this, with an enhanced focus on sustainable development, there has been a considerable increase in the adoption of PRP pipes since their fittings are solely done through heat and do not involve chemical usage. Other factors, including continuous product innovations and extensive research and development (R&D) activities conducted by key players, are further projected to drive the market growth across Saudi Arabia. On account of the aforementioned factors, the market is anticipated to reach a volume of 28,708 Tons, expanding at a CAGR of 4.20% during 2022-2027.
Market Summary:
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