Saudi Arabia Plastic Pipes Market Overview, 2028

Saudi Arabia Plastic Pipes Market Overview, 2028

Saudi Arabia's plastic pipe market is expanding rapidly as a result of the Saudi government's heavy investment in infrastructure development, which is increasing demand for plastic pipes. The country is currently working on a number of large-scale infrastructure projects, including the Riyadh metro, the King Abdullah Economic City, and the Red Sea Development Project. These projects necessitate a large number of plastic pipes for water supply, sewage, and drainage systems. The Saudi government is heavily investing in infrastructure development, which is increasing demand for plastic pipes. According to the Saudi government, the Kingdom of Saudi Arabia is expected to experience continued property market expansion, powered by Vision 2030 and the Iskan program, with USD 1 trillion set aside for real estate and infrastructure projects. They are building at least eight cities, primarily along the Red Sea coast, with more than one million additional dwellings by 2030. Saudi Arabia has an abundance of oil and natural gas resources, making it a reliable source of raw materials for the manufacture of plastic pipes. This wealth of resources provides a cost advantage in plastics manufacture and helps the country's self-sufficiency in plastic production. The country has emerged as a global petrochemical hub. As these industries rely on plastic piping for a variety of uses, including the transportation of petrochemicals, chemicals, and industrial fluids, the concentration of petrochemical and chemical industries creates a strong downstream market for plastic pipes. Saudi Arabia is the world's largest oil and gas producer. Because of their corrosion resistance and longevity, plastic pipes are frequently employed in the oil and gas industry for delivering petrochemicals, chemicals, and gases. The growth and sustainability of this sector significantly influence the demand for plastic pipes.

According to the research report ""Saudi Arabia Plastic Pipes Market Overview, 2028,"" published by Bonafide Research, the Saudi Arabia Plastic Pipes market is expected to reach market size of more than USD 900 Million by 2028. The country's climate, which is characterised by severe temperatures and arid conditions, needs materials that can survive such harsh environmental variables. Plastic pipes are engineered to endure these environments, making them an excellent choice for both outdoor and underground applications. The country confronts water management issues, with water scarcity being a significant concern. Saudi Arabia invests in efficient water distribution and wastewater management systems, resulting in a high demand for plastic pipes in applications such as water supply, sewage treatment, and irrigation. The Saudi government has promoted initiatives to develop domestic manufacturing. As a result, local manufacturing of plastic pipes has expanded, eliminating the demand for imports and strengthening domestic industry. Neom is a future megacity project in Saudi Arabia's northern region. It includes a variety of development projects, such as residential and commercial structures, industrial zones, and tourism amenities. Plastic pipes are in significant demand in Neom for water supply, sewage systems, and infrastructure construction. Infrastructure developments requiring substantial plumbing and water distribution systems are part of the development of Jeddah's Corniche area. Plastic pipes are essential for efficient water supply and sewage management. The Dammam Metropolitan Area is a major urban development project in Saudi Arabia's Eastern Province. This region's residential and commercial growth is reliant on plastic pipes for water supply and sewage services.

Based on material type market is bifurcated into PVC (polyvinyl chloride), polyethylene, PP (polypropylene) and others. PVC material type is expected to dominate the market of Saudi Arabia plastic pipes market during the anticipated time frame. PVC pipes are highly corrosion-resistant, making them excellent for usage in Saudi Arabia's harsh climatic conditions, which include intense temperatures and a dry climate. This resilience ensures the long-term viability of water supply and sewage systems. PVC pipes have a demonstrated track record of long service life and durability. They can survive the region's extreme circumstances, such as UV radiation, chemical exposure, and high temperatures, without degrading or affecting performance. PVC pipes can survive Saudi Arabia's severe temperatures and climatic conditions, including blistering heat and intense sunlight. Even in these extreme temperatures, their performance stays steady. In terms of application market includes liquid conduits, gas conduits and others. Gas conduits application is expected to register highest CAGR in Saudi Arabia plastic pipes market. Saudi Arabia's industrial sector is growing as a result of investments in petrochemicals, manufacturing, and other sectors. These industrial activities frequently necessitate the transportation of gases. Plastic pipes, such as PVC and HDPE, are used in industrial applications due to their corrosion resistance and longevity. The rising need for gas supply systems has resulted from the rise of infrastructure projects such as residential complexes, commercial buildings, and transportation facilities. Plastic pipes are used to distribute natural gas to households and commercial properties, which is helping to drive the expansion of this application. The use of plastic pipes for gas conduits complies with international and industry-specific requirements, ensuring the safety and quality of Saudi Arabia's gas transportation networks.

Based on end user segment market includes construction, oil & gas, water & wastewater, agriculture and chemicals. Oil & gas industry is major end user of plastic pipes in Saudi Arabia. Plastic pipes, such as high-density polyethylene (HDPE) and polyvinyl chloride (PVC), are extremely corrosion-resistant. This resistance is critical in the oil and gas business, where pipes come into contact with a wide range of corrosive substances. The presence of corrosive materials, such as oil, gas, and chemicals, in hostile chemical environments necessitates the use of materials that can survive these conditions throughout an extended service life. Plastic pipes are lighter than traditional materials such as steel or concrete. This feature facilitates shipping and installation, lowering labour and equipment expenses. It is especially useful in the oil and gas business, where pipelines can traverse long distances. Saudi Arabia's oil and gas industry benefits from a strong local supply chain for plastic pipes. This availability of materials and components is critical for ensuring on-time completion of oil and gas projects, decreasing dependency on imports, and bolstering the local economy. Saudi Arabia's oil and gas business frequently entails large-scale projects such as the construction of oil and gas pipelines, refineries, petrochemical plants, and industrial facilities. Plastic pipes play an important role in these initiatives, ensuring the safe and efficient movement of crucial resources and products. Saudi Arabia is seeking to diversify its economy as part of its Vision 2030 agenda. The oil and gas industry continues to be a significant contributor to this diversification, and plastic pipes are a dependable option to support this diversification by offering efficient and sustainable solutions.

Considered in this report:
• Geography: Saudi Arabia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Saudi Arabia Plastic Pipes market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Material:
• PVC (Polyvinyl Chloride)
• Polyethylene
• PP (Polypropylene)
• Others

By Application:
• Liquid Conduits
• Gas Conduits
• Others

By End User:
• Construction
• Oil & Gas
• Water & Wastewater
• Agriculture
• Chemicals

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Plastic Pipes industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.