GCC PPR Pipes Market to Reach Around 58,709.10 MT by 2032, Driven by Infrastructure Development Under Vision 2030 Programme

The burgeoning construction sector in the GCC region, propelled by a steadily increasing population, is increasing the requirement for pipelines to transport water and gas by companies like Schlumberger NV (NYSE: SLB). Strong urbanisation in Saudi Arabia is creating a demand for efficient and quality public services, including safe drinking water, aiding the GCC PPR pipes market growth.

PPR pipes are resistant to corrosion, making them an excellent option for water piping systems. The market for PPR pipes is driven by their improved physical properties, high quality, and factors such as the prevention of bacterial growth.

In 2023, the Saudi government allocated USD 9.17 billion for Saudi Arabia’s infrastructural development. Saudi Arabia’s population growth is exerting pressure on its existing infrastructure, especially water infrastructure. PPR pipes help to efficiently distribute water into homes and industries, which drives the market in the GCC.

In August 2023, the Saudi Plastic Products Company (Sappco) signed a contract to provide high-density polyethylene (HDPE) pipes for a seawater cooling project in the Jazan region of the Kingdom. This agreement is a follow-up to the one that was previously made with China Harbour Engineering Company (CHEC) for the delivery of its cutting-edge HDPE pipes with big diameter technology to the location of a major sea water cooling project.

Sappco clarified that, in order to assure project success and as part of its contribution to Kingdom's vision 2023. The contract, awarded by the Royal Commission for Jubail and Yanbu (RCJY), represents a significant advancement in Jazan City's first-tier development.

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Market Analysis by Type, Application, and Region:

• The market, on the basis of type, can be divided into high pressure pipes and low pressure pipes.

• Based on application, the market can be divided into plumbing and chemical industries and labs, among others.

• The regional markets for GCC PPR pipes include Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain, and Oman.

Key Findings of the Report:

• The GCC PPR pipes market expansion is being fuelled by increased government investment in the construction and infrastructure sectors, driven by the region’s Vision 2030 programme. According to industry reports, the non-oil sector of GCC grew by 3.9% in 2023.

• Polyethylene production in the GCC region is concentrated in Saudi Arabia. Saudi Arabia has a production capacity of about 10 MMT of polyethylene per annum through its factories located primarily in Jubail, Yanbu, and Rabigh.

• PPR pipes are recyclable, energy-efficient, and water-efficient. PPR pipes have a low projected environmental impact owing to their low energy consumption during manufacturing. Thus, the rising eco-consciousness among GCC consumers and its affordability contribute to the market.

• As part of the GCC Vision 2030, the region is focusing on a range of new areas, such as smart cities, clean energy, and tourism. The development in these areas is expected to aid the demand for PPR pipes due to their physical strength, corrosion resistance, and reduced maintenance costs for water distribution.

Table: GDP growth in GCC Countries, 2023

Key Offerings of the Report:

• The EMR report gives an overview of the GCC PPR pipes market for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the types, applications, and regions of PPR pipes in GCC.

• It assesses the regional price trends for the (2018-2023) and (2024-2032) periods.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the GCC PPR pipes market are AL-KOBLAN CO., MT Plastic Company, and Almona, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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