Saudi Arabia PVC Pipes Market Report and Forecast 2024-2032

Saudi Arabia PVC Pipes Market Size

The Saudi Arabia PVC pipes market reached a value of about USD 982.56 million in 2023. The market is further expected to increase at a CAGR of 6.8% between 2024 and 2032 to reach a value of approximately USD 1,775.81 million by 2032.

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The sewage and drainage industry is currently the largest application field, accounting for the majority of the total PVC pipes industry share in Saudi Arabia. The goal of the Government of Saudi Arabia (SAG) Vision 2030 and the National Transformation Plan (NTP) is to raise the percentage of desalinated water to more than 50% by 2021 through strategic alliances and also to significantly raise the number of cities and people providing water and sewerage services. Thus, the demand for PVC pipes is expected to escalate throughout the industry.

Properties and Applications

Polyvinyl chloride, or PVC, is a mixture of plastic and vinyl used in pipes, flooring and roofing tape, window frames, cables as well as wall coverings. Traditional building materials, including wood, metal, concrete, and clay, are substituted in many applications. PVC pipes are durable, sturdy, lightweight, and resistant to rusting and rotting. As a result of these qualities, they are commonly used in water systems, underground wiring, as well as sewerage systems.

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It finds wide applications in the following sectors:

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

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Market Analysis

Multiple government measures to set up industrial parks and promote active private sector involvement in large infrastructure projects through the public private partnership (PPP) and build-operate-transfer (BOT) models have given a positive impetus to the PVC pipes market in Saudi Arabia. The multiple advantages provided by PVC pipes, like cost-effectiveness, ease of installation, and low maintenance costs, make these pipes ideal for different applications, ranging from sophisticated fire sprinkler systems to the transport of drinking water. These advantages are expected to fuel the demand for PVC pipes in Saudi Arabia. Certain key factors pushing the growth of the demand for PVC pipes further in Saudi Arabia include the widespread use of such pipes in transportation projects and external plumbing to improve drainage systems.

Competitive Landscape

The report gives a detailed analysis of the following key players in the Saudi Arabia PVC pipes market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• National Factory for Plastic Ind. (NFP)
• Saudi Plastic Products Company Ltd. (SAPPCO)
• New Products Industries Co Ltd. (Neproplast)
• AL Watanya For Plastic Industry 
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report