Anticipation of robust infrastructure development in Saudi Arabia is driving a surge in demand for plastic pipes, signalling significant growth prospects for the market in the coming years. The Saudi government’s ambitious infrastructure projects, such as the Riyadh Metro and the Red Sea Development Project, necessitate extensive plastic piping systems for various applications including water supply, sewage, and drainage. This surge in demand is expected to translate into substantial compound annual growth rate (CAGR) figures during the forecast period from 2024 to 2028.
Government-led initiatives aimed at infrastructure development, coupled with plans to elevate Saudi cities to global prominence by 2030, are pivotal drivers fuelling the expansion of the plastic pipes market. Additionally, efforts to bolster the energy sector, including projects by Saudi Aramco to increase oil and gas production, are anticipated to create further opportunities for market growth.
Beyond mega projects, the burgeoning residential, commercial, and industrial construction sectors are driving increased demand for plastic pipes. The government’s focus on modernizing water and energy infrastructure further amplifies the need for reliable plastic piping solutions.
The availability of key raw materials locally, such as PVC resin, ensures a seamless supply chain, bolstering the growth trajectory of the Saudi plastic pipes market. Moreover, the inherent benefits of plastic pipes, including durability, low maintenance, and cost-effectiveness, contribute to their widespread adoption in the region.
Saudi Arabia‘s initiatives in desalination, fuelled by its high water consumption rates, are expected to sustain the market’s vigor, particularly for PVC materials used in transporting desalinated water through PVC pipes.
Key market participants, including Saudi Plastic Products Company Ltd. (SAPPCO) and Saudi Basic Industries Corporation (SABIC), play a significant role in meeting the country’s infrastructure needs through their diverse range of pipe offerings.
Looking ahead, the Saudi plastic pipes market is poised for continued growth, driven by factors such as sustainable urban development initiatives like the Neom city project. With segmentation across various parameters, the market presents a comprehensive landscape, offering ample opportunities for growth and innovation through to 2028.
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