According to the latest market research report title “GCC PVC Pipes Market By Application (Water Supply, Plumbing, HVAC, Wire Cables, Others (Irrigation, etc.)), By End User (Construction, Oil & Gas, Healthcare, Industrial (Manufacturing)), By Company (Polyfab Plastic Industry LLC, Neproplast, Power Group of Companies, Al Gawas Plastic Industries, Super Pipe, Dubai Polymer, Unitech Qatar, Qatar National Plastic Factory W.L.L, Pipes Technology Co. W.L.L, SAPPCO, Others), By Region(The UAE, Saudi Arabia, Oman, Kuwait, Bahrain, Qatar)–Forecast to 2028″, published by MarkNtel Advisors, The GCC PVC Pipes Market is projected to grow at a CAGR of around 4.57% during the forecast period, i.e., 2023-28.
In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Possible Restraint: Environmental Concerns Relating to the Use & Disposal of PVC Pipes
The use of plastics is leading to several environmental concerns, such as soil degradation, water pollution, impact on human health, etc. As a result, the government is restricting the use of plastics & plastic-based products. PVC pipes are also a type of synthetic plastic made up of Polyvinyl Chloride, a type of chlorine that is capable of releasing Chlorofluorocarbons (CFCs), which destroy the ozone layer and also take several years to decompose. As a result, the usage of these pipes becomes a cause of concern for environmental sustainability.
Further, the government in the country is proactively working on curtailing the use of plastic-derived products. Hence, these developments would restrain the growth of the market, as they can lower the adoption of these pipes among the different end-user groups in the following years.
GCC PVC Pipes Market Segmentation
The GCC PVC Pipes Market is highly robust and fragmented into numerous segments;
By Type
-Flexible PVC
-Rigid PVC
By Application
-Water Supply
-Plumbing
-HVAC
-Wire Cables
-Others (Irrigation, etc.)
By End User
-Construction
-Oil & Gas
-Healthcare
-Industrial (Manufacturing)
By Sales Channel
-B2B
-B2C
–Distributor & Dealers
–Online
By Country
-The UAE
-Saudi Arabia
-Oman
-Kuwait
-Bahrain
-Qatar
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Key Players Operating in the GCC PVC Pipes Market: –
-Polyfab Plastic Industry LLC
-Neproplast
-Power Group of Companies
-Al Gawas Plastic Industries
-Super Pipe
-Dubai Polymer
-Unitech Qatar
-Qatar National Plastic Factory W.L.L
-Pipes Technology Co. W.L.L
-SAPPCO
-Other
Key Questions Answered:
- What is the projected CAGR of the GCC PVC Pipes Market during the forecast period?
- Which segment is expected to lead the GCC PVC Pipes Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.
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