Driven by Demand from Gas Industry and High Value Pipes, Israel Plastic Pipe and Fitting Market is Expected to Reach USD 640 Million by 2023: Ken Research

• PE, PP and UPVC pipes are widely used in construction industry. Commercial infrastructure development in terms of area increased by 71.4% from 2016 to 2017. This led to increase in demand for such pipes in the country.
• In 2017, around 24 thousands of new dwellings were sold in Israel leading to increased demand of PVC and CPVC pipes for plumbing and electrical conduits. Residential development like these helped in improvement of demand for PVC and CPVC pipes in the country.

Growth of the Gas Sector: The gas industry in Israel has grown at very fast pace and is fueled by successful exploration of offshore gas reserves like Tamar gas field and Leviathan gas field in the last few years. This has resulted in many infrastructure projects in the industry leading to increase in demand for plastic pipes and fittings.

High Water Loss in Water Distribution Grid: Israel faces high water scarcity due to which the water conservation techniques become very important for the EPC and O&M companies engaged in pipe laying and maintenance. According to OECD guidelines for prevention water loss under an environmental directorate published in 2011 under the name Policies to Support Eco-innovation in Israel, the water supply companies should take full responsibilities for water losses of more than 8% in pipe grids in industrial, domestic as well as agriculture sector.

Wide Implementation of Precise Irrigation Techniques: Precise irrigation techniques have gained significant growth in the last few years. These techniques use PVC, UPVC and PE pipes for transportation of water and chemicals to the fields. The pipes used in these techniques have an average replacement period of less than year leading to high replacement demand for such pipes.

Infrastructure Growth: The infrastructure growth in Israel is one of the biggest drivers behind the usage of plastic pipe and fitting market in Israel.
Industrial as well as real estate sector is equally responsible for the growth of the market. High value large diameter products are in demand from industries whereas small diameter products are in demand from real estate sector. Industrial infrastructure growth was primarily in the gas, mining and quarrying sector. Most commonly used plastic pipes are made of PE resin which are mainly used for carrying slurry and other type of waste. Growth in the real estate sector has led to increase in demand for almost all types of pipes for applications such as water supply, sewage, plumbing and others.

Analysts at Ken Research in their latest publication “Israel Plastic Pipe and Fitting Market Outlook to 2023-By Type of Pipe (UPVC, CPVC and PVC, PE, PP and Others); By Type of End User Application (Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Gas and Others) and By Market Structure (Organized and Unorganized)” believe that investing in latest technologies, improving value added services, stricter credit policies, improve relationship with oil and gas sector, setting achievable sustainable goals and investing in research and development in recycling techniques will help the manufacturers gain a foothold in the market.

The market is expected to register a positive CAGR of more than 11% in terms of revenue during the forecast period 2018-2023. The market is further expected to be driven by the growth of industrial sector in the country.

For more information, refer to link below:
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/israel-plastic-pipe-fitting-market-future/175030-97.html

Key Segments Covered
• Market Segmentation
 By Type of Pipe (UPVC, CPVC and PVC, PE, PP and Others)
 By Type of End User Application (Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Gas and Others)
 By Market Structure (Organized and Unorganized)
 By Domestic Manufacturing and Imported

Key Target Audience
• Irrigation Companies
• Pipeline EPC companies
• Real Estate Developers
• HVAC EPC Companies
• Telecommunication Companies
• Government Entities
• Plastic Pipe Manufacturers

Time Period Captured in the Report:
• Historical Period – 2013-2018
• Forecast Period – 2018-2023

Companies Covered:
• Huliot Piping System
• Hameshavek Trading and Engineering ltd
• Uniflex
• Palgal
• Pexgol
• Plassim
• Bambi Plast
• Alonim M.M. S Ltd
• Metzer
• Ramallah Plastic Pipe Co.
• Saltech
• Palad HY Industries ltd.
• A.S. PLAST
• Avrot Industries Ltd

Key Topics Covered in the Report
• Introduction on Israel Plastic Pipe and Fitting Market
• Value Chain
• Market Size by Revenue (2013-2018)
• Plastic Pipe and Fitting Market Segmentation by Type of Pipe, by Type of End User Application, by Type of Market Structure.
• SWOT Analysis for Israel Plastic Pipe and Fitting Market
• Competition Scenario in the Industry
• Company Profiles of Major Players in the Market
• Growth Drivers, Trends and Developments in the plastic pipe and fitting Market
• Issues and Challenges in the Israel Plastic Pipe and Fitting Market
• Pricing Scenario in the Industry
• Future Outlook for the Market (2018-2022) Including Estimated Market Size in Terms of Revenue and Market Segmentation by Type of Pipes, by type of end user application and by Market Structure

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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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