Oman PVC Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The Oman PVC products market size reached 82,800 Tons in 2022. Looking forward, IMARC Group expects the market to reach 100,010 Tons by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.
Oman’s PVC products market comprises of pipes, electrical conduits and ducts, windows and doors, medical tubes, valves, road barriers and other consumer products such as boots, rainwear, etc. Amongst these products, pipes account for the majority share in the market and are used widely in sewerage and water distribution applications in the construction industry as well as for irrigation purposes in the agriculture sector of the country.
The PVC products market in Oman has been driven by the growth in the construction activities in the residential and commercial building sectors, transportation, infrastructure and tourism industries. Oman government is also focusing on diversification of economy and hence, promoting the growth of non-oil downstream industries, especially the manufacturing sector. In order to develop the small- and medium-scale industries in the country, Omani government is facilitating tax incentives and credit approvals, and also making amendments in policies in order to attract foreign direct investments. These factors are expected to keep the growth curve upward for the PVC products industry in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Oman PVC products market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on product, product type and end-use industry
Breakup by Product:
Pipes and Fittings
Electrical Conduits and Ducts
Windows and Doors
Others
Amongst these, pipes and fittings currently hold the largest share in the Oman PVC products market.
Breakup by Product Type:
Rigid PVC Products
Flexible PVC Products
Amongst these, rigid PVC products represent the leading segment accounting for majority of the market share.
Breakup by End-Use Industry:
Construction
Electrical and Electronics
Water Supply and Irrigation
Chemical and Mining
Others
Amongst all the applications, construction industry represents the leading segment holding the largest share.
Competitive Landscape:
The report has also examined the competitive landscape of the Oman PVC products market. Some of the major players in the PVC products industry include:
Amiantit Oman
Munanoor
Future Pipes
National Plastics Oman
Hepworth
UGPM
HRB Oman
Techwindows Oman
Key Questions Answered in This Report:
How has the Oman PVC products market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Oman PVC products market?
Which are the key product types in the Oman PVC products market?
What are the major segments in the PVC products market in Oman?
What are the key end-use industries in the PVC products market in Oman?
What has been the prices of PVC products in Oman and how will the prices change in the coming years?
What is the structure of the Oman PVC products industry and who are the key players?
What are the key driving factors and challenges in the Oman PVC products industry?
What is the degree of competition in the Oman PVC Products industry?