Press release
Bahrain PVC Pipes Market Research Report 2023-2028: Share, Size, Growth, Opportunity and Forecast
How big is the Bahrain PVC pipes market?The Bahrain PVC pipes market size reached 98.4 Kilo Tons in 2022. Looking forward, IMARC Group expects the market to reach 118.8 Kilo Tons by 2028, exhibiting a growth rate (CAGR) of 3% during 2023-2028.
Polyvinyl chloride (PVC) pipes are used in various applications, including water and sewage systems, irrigation, and electrical conduit. They are lightweight, strong, recyclable, cost-effective, and offer high resistance to thermal expansion and contraction. They facilitate increased durability and allow for faster water flow due to their low friction as compared to pipes made from alternative materials like cast iron and concrete. At present, they are easily available in different sizes and fittings through both online and offline channels in Bahrain.
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What are the growth prospects and trends in the Bahrain PVC pipes industry?
Rapid urbanization and a significant rise in renovation and construction activities represent one of the key factors catalyzing the demand for PVC pipes in Bahrain. In line with this, increasing investment by government agencies in wastewater projects, irrigation infrastructure, and real estate development is creating a positive market outlook. Moreover, rising environmental concerns and increasing adoption of PVC pipes on account of their lower carbon emissions during production are offering lucrative growth opportunities for manufacturers operating in Bahrain. Apart from this, key market players are introducing product variants that can be employed for electric conduits and mining and well casing operations, which is creating a favorable market outlook. Furthermore, inflating disposable incomes of individuals and increasing adoption of PVC pipes due to their high resistance to chemicals and high tensile strength that withstand high fluid pressure is stimulating the growth of the market in the country.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Application:
Sewerage and Drainage
Irrigation
Plumbing
Water Supply
HVAC
Oil & Gas
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Who are the key players operating in the industry?
The report covers the major market players including:
Gulf Plastic,
Bahrain National Plastics Company (BANAPCO), and
Tylos Plastic Industries.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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