Kuwait PVC Pipes Market: Industry Outlook, Size (US$ 203 Million), Share, Growth (CAGR of 4%), Top Companies Analysis, Report 2022-2027

According to IMARC Group's latest report, titled "Kuwait PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the Kuwait PVC pipes market size reached US$ 160 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 203 Million by 2027, exhibiting a growth rate (CAGR) of 4% during 2022-2027.

Kuwait PVC Pipes Market Trends:

The increasing construction activities and the rising environmental awareness are some of the key factors positively contributing to the Kuwait PVC pipes market growth. In line with this, the country is one of the shallowest and most saline sections of the Arabian Gulf, due to which it depends on the desalination process to meet potable water requirements. During the desalination process, corrosion can plague certain piping systems, and since PVC is inherently resistant to salts and exhibit ultraviolet (UV) weatherability against any detrimental changes, there has been an increasing demand for the product in such applications. Besides this, key market players are introducing novel product variants to increase their consumer base and sustain in the raging competition, which is bolstering the market growth. Other factors, such as the increasing application of PVC pipes in mega-housing projects and the steadily rising population, are accelerating the market growth.

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Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

Competitive Landscape With Key Players:

The competitive landscape of the Kuwait PVC pipes market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Aladasani
• National Industries Company
• Khorafi Plastic Industries Co.
• Al Amal Company

Key Market Segmentation:

The report has segmented the Kuwait PVC pipes market based on application.

Breakup by Application:

• Sewerage and Drainage
• Plumbing
• Water Supply
• HVAC
• Oil and Gas
• Irrigation

Currently, sewerage and drainage represent the largest application segments as the Ministry of Public Works has been working to improve the sewerage and drainage infrastructure in Kuwait.

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Industry Definition and Application:

Polyvinyl chloride (PVC) pipes are produced by the extrusion of PVC raw material. They are commonly used to manufacture water mains, sewage lines, underground wiring, plumbing and drainage, and irrigation systems. These pipes offer long-lasting properties and are easy to install, strong, durable, lightweight, sustainable, cost-effective, and recyclable. The smooth surface of PVC pipes causes low friction and encourages faster water flow than traditional pipes made using cast iron and concrete. PVC pipes can be manufactured to varying wall thicknesses, lengths, and diameters. In Kuwait, conventional metal pipes are rapidly replaced with PVC pipes as they have greater tensile strength and can withstand high fluid pressure.

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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