Oman plastic pipe and fitting market is in its late growth stage. The market has accoimted a five year CAGR of single digit from 2012 to 2017. Among plastic pipe and fitting market, plastic fittings are majorly imported from neighbouring regions. Water conservation is one of the foremost trends that can be witnessed in Oman which has affected the plastic pipe and fitting market. Requirement for dissimilar variant of plastic pipes which are stronger and more economical is the other foremost factor for the outpouring in revenues of plastic pipe and fittings.
According to the report analysis, ‘Oman Plastic Pipe and Fitting Market Outlook to 2022 – By Type of Pipe (UPVC, CPVC and PVC, PE, Others) and By End User Application (Irrigation, Water Supply & Sewage, Plumbing, Chemical & Oil, Others)’ states that the market is concentrated among finest five players which comprise Amiantit Oman, Muna Noor, National Plastic, Hepworth and United Gulf Pipe Manufacturing Company. Out of these companies National Plastic and UGPM are the two companies which introduce the plastic fittings. Fittings market is principally import driven. Amiantit Oman is the finest manufacturer of plastic pipes and fittings in the country with a great market share. It is followed by Muna Noor, National Plastic, Hepworth and UGPM which together establish more than three fourth of the Oman plastic pipe and fitting revenue. There are some unorganized players in the market which have very small market share.
At Ken Research, Oman Plastic Pipe and Fitting market conveys a comprehensive analysis on the Oman plastic pipe and fitting market. The report covers several aspects comprising introduction to Oman plastic pipe and fitting market size, foremost players in Oman plastic pipe and fitting market, Market segmentation by Type of Pipe (UPVC, CPVC and PVC, PE, Others), Market Segmentation by End User Application (Irrigation, Water Supply & Sewage, Plumbing, Chemical & Oil, Others), Growth Drivers, Restraints, foremost Regulations Future Outlook and Analyst recommendation.
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This report will assist the readers to recognise the ongoing trends in the industry and projected growth in future reliant upon changing industry dynamics during coming years. The report is beneficial for manufacturers, retailers, end users such as government and potential entrants and other stakeholders to bring into line their market centric strategies according to ongoing and projected trends in the future.
On the basis of types of Pipes, the market is classified into UPVC, PVC and CPVC, PE and Others. Others comprise plastic pipes such as ABS, PP etc. During 2017, PE pipes had the greatest market share. UPVC pipes have the second largest share as these types of pipes are practically priced and are widely utilized in several sectors such as water pipelines etc. PVC and CPVC have been substituted by diversity of other materials such as PE pipes. The up-to-date type of pipes such as ABS, PPR, and PPX are classified under others as their individual revenue contribution is low.
Oman Plastic Pipe and Fitting Market Growth
The future outlook (2017-2022) of the industry is positive and is projected to augment at a CAGR of higher than the present period of estimation (2012-2017). It is projected that the PE pipes will augment at the fastest pace among all the types of plastic pipes, owing to growth in end user application locations. The usage of PVC pipes is projected to reduce owing to substitution by other types of plastic pipes. The market share of organized sector producers is predicted to augment in 2022. The domestic manufacturing is projected to augment in the near future and will be mainly underwritten by better capacity utilization. In case of end user application plastic pipes utilized in oil and chemical industry along with water supply and sewage pipelines is projected to augment at fastest pace owing to enhanced aim on recovering the economy and conservation of water.
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