GCC CPVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The GCC CPVC pipes market size reached US$ 496.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 655.9 Million by 2028, exhibiting a growth rate (CAGR) of 4.83% during 2023-2028.
Chlorinated polyvinyl chloride (CPVC) is a thermoplastic produced by the chlorination of the PVC resin. As CPVC can withstand high temperatures and is more flexible than standard PVC, it is used for manufacturing pipes which are further utilized for dispensing hot and cold water, and industrial liquid handling. In comparison with conventional galvanized pipes, CPVC pipes offer advantages such as long service life, ease of installation and maintenance, additional safety, and resistance to corrosion. In the GCC region, growing awareness about health, hygiene, sanitation and wastewater management is increasing the demand for lightweight, sustainable and acoustic drainage pipes. As a result, CPVC pipes are gaining traction in the commercial and residential sectors in the region.
GCC CPVC Pipes Market Drivers:
Traditionally, the GCC countries have relied on the oil and gas industry for economic growth. However, the governments of these countries have resolved to diversify their economies after the recent fall in oil prices. In line with this, they have introduced different development projects, such as Saudi Vision 2030, NEOM City, Jeddah Waterfront and Entertainment City, for escalating the influx of tourists in their countries. Additionally, due to strong growth in the hospitality sector on account of the rising number of cafes, hotels and restaurants, and religious tourism, the GCC region holds lucrative opportunities for manufacturers in the CPVC pipes industry. Moreover, the governments are investing in the development of transportation, telecommunication, water distribution, agriculture and other infrastructures which, in turn, is proliferating the demand for CPVC pipes.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the GCC CPVC pipes market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on applications.
Breakup by Application:
Plumbing
Water Supply Systems and Chemical Industry
Sewerage, Drainage and Irrigation
Others
At present, plumbing represents the largest application area accounting for the majority of the total market share.
Regional Insights:
Saudi Arabia
UAE
Kuwait
Bahrain
Oman
Qatar
Region-wise, Saudi Arabia enjoys the leading position in the GCC CPVC pipes market.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report. Some of the key players operating in the industry include:
IKK Group
AGM
SAPPCO
MMT Group
Key Questions Answered in This Report:
How has the GCC CPVC pipes market performed so far and how will it perform in the coming years?
What are the key regions in the GCC CPVC pipes market?
What has been impact of COVID-19 on the GCC CPVC pipes market?
What are the major application segments in the GCC CPVC pipes market?
What are the price trends of CPVC pipes?
What are the various stages in the value chain of the GCC CPVC pipes market?
What are the key driving factors and challenges in the GCC CPVC pipes market?
What is the structure of the GCC CPVC pipes market and who are the key players?
What is the degree of competition in the GCC CPVC pipes market?
How are CPVC pipes manufactured?
The GCC CPVC pipes market size reached US$ 496.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 655.9 Million by 2028, exhibiting a growth rate (CAGR) of 4.83% during 2023-2028.
Chlorinated polyvinyl chloride (CPVC) is a thermoplastic produced by the chlorination of the PVC resin. As CPVC can withstand high temperatures and is more flexible than standard PVC, it is used for manufacturing pipes which are further utilized for dispensing hot and cold water, and industrial liquid handling. In comparison with conventional galvanized pipes, CPVC pipes offer advantages such as long service life, ease of installation and maintenance, additional safety, and resistance to corrosion. In the GCC region, growing awareness about health, hygiene, sanitation and wastewater management is increasing the demand for lightweight, sustainable and acoustic drainage pipes. As a result, CPVC pipes are gaining traction in the commercial and residential sectors in the region.
GCC CPVC Pipes Market Drivers:
Traditionally, the GCC countries have relied on the oil and gas industry for economic growth. However, the governments of these countries have resolved to diversify their economies after the recent fall in oil prices. In line with this, they have introduced different development projects, such as Saudi Vision 2030, NEOM City, Jeddah Waterfront and Entertainment City, for escalating the influx of tourists in their countries. Additionally, due to strong growth in the hospitality sector on account of the rising number of cafes, hotels and restaurants, and religious tourism, the GCC region holds lucrative opportunities for manufacturers in the CPVC pipes industry. Moreover, the governments are investing in the development of transportation, telecommunication, water distribution, agriculture and other infrastructures which, in turn, is proliferating the demand for CPVC pipes.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the GCC CPVC pipes market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on applications.
Breakup by Application:
Plumbing
Water Supply Systems and Chemical Industry
Sewerage, Drainage and Irrigation
Others
At present, plumbing represents the largest application area accounting for the majority of the total market share.
Regional Insights:
Saudi Arabia
UAE
Kuwait
Bahrain
Oman
Qatar
Region-wise, Saudi Arabia enjoys the leading position in the GCC CPVC pipes market.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report. Some of the key players operating in the industry include:
IKK Group
AGM
SAPPCO
MMT Group
Key Questions Answered in This Report:
How has the GCC CPVC pipes market performed so far and how will it perform in the coming years?
What are the key regions in the GCC CPVC pipes market?
What has been impact of COVID-19 on the GCC CPVC pipes market?
What are the major application segments in the GCC CPVC pipes market?
What are the price trends of CPVC pipes?
What are the various stages in the value chain of the GCC CPVC pipes market?
What are the key driving factors and challenges in the GCC CPVC pipes market?
What is the structure of the GCC CPVC pipes market and who are the key players?
What is the degree of competition in the GCC CPVC pipes market?
How are CPVC pipes manufactured?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Properties
4.3Key Industry Trends
5 GCC CPVC PIPES MARKET
5.1Market Overview
5.2Market Performance
5.2.1Volume Trends
5.2.2Value Trends
5.3Impact of COVID-19
5.4Market Breakup by Application
5.5Market Breakup by Region
5.6Market Forecast
6 MARKET BREAKUP BY APPLICATION
6.1Plumbing
6.1.1Market Trends
6.1.2Market Forecast
6.2Water Supply Systems and Chemical Industry
6.2.1Market Trends
6.2.2Market Forecast
6.3Sewerage, Drainage and Irrigation
6.3.1Market Trends
6.3.2Market Forecast
6.4Others
6.4.1Market Trends
6.4.2Market Forecast
7 MARKET BREAKUP BY REGION
7.1Saudi Arabia
7.1.1Market Trends
7.1.2Market Forecast
7.2UAE
7.2.1Market Trends
7.2.2Market Forecast
7.3Kuwait
7.3.1Market Trends
7.3.2Market Forecast
7.4Bahrain
7.4.1Market Trends
7.4.2Market Forecast
7.5Oman
7.5.1Market Trends
7.5.2Market Forecast
7.6Qatar
7.6.1Market Trends
7.6.2Market Forecast
8 GCC CPVC PIPES INDUSTRY: SWOT ANALYSIS
8.1Overview
8.2Strengths
8.3Weaknesses
8.4Opportunities
8.5Threats
9 GCC CPVC PIPES INDUSTRY: VALUE CHAIN ANALYSIS
9.1Overview
9.2Research and Development
9.3Raw Material Procurement
9.4Manufacturing
9.5Marketing
9.6Distribution
9.7End-Use
10 GCC CPVC PIPES INDUSTRY: PORTERS FIVE FORCES ANALYSIS
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 GCC CPVC PIPES INDUSTRY: PRICE ANALYSIS
12 CPVC PIPES MANUFACTURING PROCESS
12.1Product Overview
12.2Raw Material Requirements
12.3Manufacturing Process
12.4Key Success and Risk Factors
13 COMPETITIVE LANDSCAPE
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1IKK Group
13.3.2AGM
13.3.3SAPPCO
13.3.4MMT Group
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Properties
4.3Key Industry Trends
5 GCC CPVC PIPES MARKET
5.1Market Overview
5.2Market Performance
5.2.1Volume Trends
5.2.2Value Trends
5.3Impact of COVID-19
5.4Market Breakup by Application
5.5Market Breakup by Region
5.6Market Forecast
6 MARKET BREAKUP BY APPLICATION
6.1Plumbing
6.1.1Market Trends
6.1.2Market Forecast
6.2Water Supply Systems and Chemical Industry
6.2.1Market Trends
6.2.2Market Forecast
6.3Sewerage, Drainage and Irrigation
6.3.1Market Trends
6.3.2Market Forecast
6.4Others
6.4.1Market Trends
6.4.2Market Forecast
7 MARKET BREAKUP BY REGION
7.1Saudi Arabia
7.1.1Market Trends
7.1.2Market Forecast
7.2UAE
7.2.1Market Trends
7.2.2Market Forecast
7.3Kuwait
7.3.1Market Trends
7.3.2Market Forecast
7.4Bahrain
7.4.1Market Trends
7.4.2Market Forecast
7.5Oman
7.5.1Market Trends
7.5.2Market Forecast
7.6Qatar
7.6.1Market Trends
7.6.2Market Forecast
8 GCC CPVC PIPES INDUSTRY: SWOT ANALYSIS
8.1Overview
8.2Strengths
8.3Weaknesses
8.4Opportunities
8.5Threats
9 GCC CPVC PIPES INDUSTRY: VALUE CHAIN ANALYSIS
9.1Overview
9.2Research and Development
9.3Raw Material Procurement
9.4Manufacturing
9.5Marketing
9.6Distribution
9.7End-Use
10 GCC CPVC PIPES INDUSTRY: PORTERS FIVE FORCES ANALYSIS
10.1 Overview
10.2 Bargaining Power of Buyers
10.3 Bargaining Power of Suppliers
10.4 Degree of Competition
10.5 Threat of New Entrants
10.6 Threat of Substitutes
11 GCC CPVC PIPES INDUSTRY: PRICE ANALYSIS
12 CPVC PIPES MANUFACTURING PROCESS
12.1Product Overview
12.2Raw Material Requirements
12.3Manufacturing Process
12.4Key Success and Risk Factors
13 COMPETITIVE LANDSCAPE
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1IKK Group
13.3.2AGM
13.3.3SAPPCO
13.3.4MMT Group
LIST OF TABLES
Table 1: GCC: CPVC Pipes Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: CPVC Pipes Market Forecast: Consumption Volume Breakup by Applications (in ‘000 Tons), 2023-2028
Table 3: GCC: CPVC Pipes Market Forecast: Consumption Volume Breakup by Region (in ‘000 Tons), 2023-2028
Table 4: CPVC Pipes: Raw Material Requirements
Table 5: GCC: CPVC Pipes Market Structure
Table 6: GCC: CPVC Pipes Market: Key Players
Table 1: GCC: CPVC Pipes Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: CPVC Pipes Market Forecast: Consumption Volume Breakup by Applications (in ‘000 Tons), 2023-2028
Table 3: GCC: CPVC Pipes Market Forecast: Consumption Volume Breakup by Region (in ‘000 Tons), 2023-2028
Table 4: CPVC Pipes: Raw Material Requirements
Table 5: GCC: CPVC Pipes Market Structure
Table 6: GCC: CPVC Pipes Market: Key Players
LIST OF FIGURES
Figure 1: GCC: CPVC Pipes Industry: Major Drivers and Challenges
Figure 2: GCC: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017-2022
Figure 3: GCC: CPVC Pipes Market: Consumption Value (in Million US$), 2017-2022
Figure 4: GCC: CPVC Pipes Market: Average Prices (in US$/Ton), 2017-2022
Figure 5: GCC: CPVC Pipes Market Forecast: Average Prices (in US$/Ton), 2023-2028
Figure 6: GCC: CPVC Pipes Market: Consumption Volume Breakup by Region (in %), 2022
Figure 7: GCC: CPVC Pipes Market: Consumption Volume Breakup by Application (in %), 2022
Figure 8: GCC: CPVC Pipes Market (Plumbing): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 9: GCC: CPVC Pipes Market Forecast (Plumbing): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 10: GCC: CPVC Pipes Market (Water Supply Systems and Chemical Industry): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 11: GCC: CPVC Pipes Market Forecast (Water Supply Systems and Chemical Industry): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 12: GCC: CPVC Pipes Market (Sewerage, Drainage and Irrigation): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 13: GCC: CPVC Pipes Market Forecast (Sewerage, Drainage and Irrigation): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 14: GCC: CPVC Pipes Market (Other Applications): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 15: GCC: CPVC Pipes Market Forecast (Other Applications): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 16: Saudi Arabia: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 17: Saudi Arabia: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 18: UAE: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 19: UAE: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 20: Kuwait: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 21: Kuwait: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 22: Bahrain: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 23: Bahrain: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 24: Oman: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 25: Oman: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 26: Qatar: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 27: Qatar: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 28: GCC: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 29: GCC: CPVC Pipes Market Forecast: Consumption Value (in Million US$), 2023-2028
Figure 30: GCC: CPVC Pipes Industry: SWOT Analysis
Figure 31: GCC: CPVC Pipes Industry: Value Chain Analysis
Figure 32: GCC: CPVC Pipes Industry: Porter’s Five Forces Analysis
Figure 33: CPVC Pipes Manufacturing: Process Flow
Figure 1: GCC: CPVC Pipes Industry: Major Drivers and Challenges
Figure 2: GCC: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017-2022
Figure 3: GCC: CPVC Pipes Market: Consumption Value (in Million US$), 2017-2022
Figure 4: GCC: CPVC Pipes Market: Average Prices (in US$/Ton), 2017-2022
Figure 5: GCC: CPVC Pipes Market Forecast: Average Prices (in US$/Ton), 2023-2028
Figure 6: GCC: CPVC Pipes Market: Consumption Volume Breakup by Region (in %), 2022
Figure 7: GCC: CPVC Pipes Market: Consumption Volume Breakup by Application (in %), 2022
Figure 8: GCC: CPVC Pipes Market (Plumbing): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 9: GCC: CPVC Pipes Market Forecast (Plumbing): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 10: GCC: CPVC Pipes Market (Water Supply Systems and Chemical Industry): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 11: GCC: CPVC Pipes Market Forecast (Water Supply Systems and Chemical Industry): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 12: GCC: CPVC Pipes Market (Sewerage, Drainage and Irrigation): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 13: GCC: CPVC Pipes Market Forecast (Sewerage, Drainage and Irrigation): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 14: GCC: CPVC Pipes Market (Other Applications): Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 15: GCC: CPVC Pipes Market Forecast (Other Applications): Consumption Volume (in ‘000 Tons), 2023-2028
Figure 16: Saudi Arabia: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 17: Saudi Arabia: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 18: UAE: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 19: UAE: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 20: Kuwait: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 21: Kuwait: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 22: Bahrain: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 23: Bahrain: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 24: Oman: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 25: Oman: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 26: Qatar: CPVC Pipes Market: Consumption Volume (in ‘000 Tons), 2017 & 2022
Figure 27: Qatar: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 28: GCC: CPVC Pipes Market Forecast: Consumption Volume (in ‘000 Tons), 2023-2028
Figure 29: GCC: CPVC Pipes Market Forecast: Consumption Value (in Million US$), 2023-2028
Figure 30: GCC: CPVC Pipes Industry: SWOT Analysis
Figure 31: GCC: CPVC Pipes Industry: Value Chain Analysis
Figure 32: GCC: CPVC Pipes Industry: Porter’s Five Forces Analysis
Figure 33: CPVC Pipes Manufacturing: Process Flow
