(MENAFN- EIN Presswire) Saudi Arabia PPR Pipes Market Report Price Trends 2022-2027
The Saudi Arabia Polypropylene Random Copolymer pipes market is primarily driven by the increasing product adoption across the oil and gas industry.
SHERIDAN, WY, USA, November 27, 2022 /einpresswire.com / -- According to the latest report by IMARC Group, titled“Saudi Arabia PPR Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The Saudi Arabia PPR pipes market size reached 22,343 Tons in 2021. Looking forward, IMARC Group expects the market to reach 28,708 Tons by 2027, exhibiting a CAGR of 4.2% during 2022-2027.
Market Trends:
The expanding oil and gas sector is among the key factors stimulating the Saudi Arabia polypropylene random copolymer pipes market. Furthermore, the rising investments by public and private agencies in infrastructural development projects are augmenting the market growth. Apart from this, the increasing utilization of PRP pipes in irrigation, plumbing, and water distribution systems, owing to their low thermal conductivity, high mechanical strength, easy workability, optimal resistance to stray electrical currents, low density, etc., is acting as another significant growth-inducing factor.
Moreover, the growing focus on sustainable development and the widespread adoption of these pipes, as their fittings are solely done via heat and do not involve chemical usage, are further propelling the saudi arabia ppr pipes market growth across the country. Besides this, numerous product innovations and extensive investments in R&D activities conducted by leading manufacturers are expected to fuel the Saudi Arabia PPR pipes industry over the forecasted period.
Market Application:
PPR pipes refer to thermoplastic pipes that are usually manufactured by using polypropylene random copolymer plastics. They are characterized by a cylindrical shape with a rigid surface. PPR pipes offer high resistance to reactive chemicals and exhibit fusion welding and corrosion-resistant properties. Consequently, they are extensively utilized across research facilities for storing acid. In line with this, PPR pipes are used for sanitation and irrigation applications as they are easy to handle and have low density. PPR pipes are eco-friendly in nature, cost-effective, environment friendly, etc. They are widely adopted as a preferred alternative to galvanized pipes for fitting purposes in Saudi Arabia.
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Competitive Landscape With Key Players:
The competitive landscape of the Saudi Arabia PPR pipes market has been studied in the report with the detailed profiles of the key players operating in the market.
List of Key Companies Covered in this Market Report:
•Koblan Thermopipe Factory Co.
•Almona Plastic Products Ltd. Co.
•MT-Plast Company
•Tahweel Pipes
•Al Munif Pipe
Key Market Segmentation:
The report has segmented the Saudi Arabia PPR pipes market on the basis of type, application and region.
Based on Type:
•High Pressure Pipes
•Low Pressure Pipes
Based on Application:
•Plumbing
•Chemical Industries and Labs
•Others
Inquire or Share Your Questions If Any Before the Purchasing This Report :
Note: The report covers the key players of the business including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin Sales with an exhaustive investigation of the market's competitive landscape and definite data on vendors and thorough subtleties of elements that will challenge the development of significant market vendors.
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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About Us:
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'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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here
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At 4.2% CAGR, PPR Pipes Market in Saudi Arabia to Reach 28,708 Tons by 2027, Company Profiles with Strategies by 2022-27 News Provided By imarc services private limited November 28, 2022, 07:53 GMT Share This Article Distribution channels: business & economy , chemical industry , manufacturing
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