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Qatar Plastic Pipes and Fittings Market Projections to 2022: Ken Research

The report titled “Qatar Plastic Pipes and Fittings Market Projections to 2022- By Type of Pipes (UPVC, CPVC, PE, PP and Others) and Type of End Use Applications (Irrigation, Water Supply and Sewage, Plumbing, Chemical, Oil and Gas and Others)” provides a comprehensive analysis on the Plastic Pipes and Fittings industry of Qatar. The report covers various aspects including introduction, value chain, manufacturing process, stakeholders, market size by revenue (2012-2017), market segmentation on the basis of types of pipes, type of market structure, types of manufacturing, type of end user application, factors determining prices of the product, competitive landscape in the industry, company profiles of major players in the market, export and import scenario, common manufacturing standards used, growth drivers, issues and challenges and porter five forces analysis for the industry. The report also includes future outlook for the market (2017-2022).

The report is useful for manufacturers of pvc resin and plastic pipes and fittings to align their market centric strategies according to ongoing and expected trends in the future.

Market Size

Qatar Plastic Pipes and Fittings market augmented positively from 2012 to 2017 at a positive CAGR during the review period 2012-2017. The organized sector dominated the market due to its superior product quality and enjoys competitive advantage over the unorganized sector as it can provide product customization. Government schemes such as Vision 2030 to emphasize on developing sectors such as tourism, transport, manufacturing and infrastructure will increase the investments in the construction of hospitals, factories and other infrastructure. This has contributed majorly to the market as these schemes have quadrupled the demand for plastic pipes and fittings in the country. The market for Plastic pipes and fittings in Qatar is expected to grow till 2021 owing to the various developments taking place in the country for FIFA World Cup 2022. However, post that, the growth is expected to slow down in the country.

Market Segmentation:

In 2017, uPVC pipes and fittings continued to be the prevalent product followed by PE pipes, CPVC pipes, PP pipes and other type of products which includes PB, ABS and PVDF in terms of revenue in the Plastic Pipes and Fittings in Qatar. The demand for PVC pipes and fittings has been reducing continuously because of the increase in application areas of PE and PPR pipes and changes in consumer preferences. In 2017, Water supply and Sewage contributed the highest share to the Plastic Pipes and Fittings market of Qatar followed by plumbing sector, other applications such as cable protection, telecom, power and electrical, HVAC and other related industry, chemical, oil and gas industries and Irrigation in terms of revenue. The organized players are operating on a nationwide scale and undertake domestic manufacturing of plastic pipes and fittings. Additionally, majority of the revenue of the total plastic pipe & fittings market in Qatar was generated by domestically manufactured products while imports contributed a very small share in terms of revenue.

Competitive Landscape

Qatar plastic pipes and fittings market is moderately concentrated with the presence of few big players constituting majority of the market. The country is a home of around 45-50 large, small and medium scale manufacturers and importers in the plastic pipe industry, including about 20-30 organized players. Al Khayarin Plastic Factory (KG Plastic), Advanced plastic factory, Al Sada Factory For Plastic Pipes, Bumatar German Factory (BGF), Doha Plastic Company, Doha Regional Plastic Solution (DRPS), Hepworth Qatar, New Products Plastic Factory - NEPRO W.L.L, Qatar National Plastic Factory W.L.L (Q-PLAST) and Qatar Plastic Additives & Industries Group (QUADDCO) are the major players in the market. The players are competing on the basis of prices, quality, on demand availability, manufacturing standards and product customization.

Future Outlook

The future outlook of the industry is positive as the oil prices are expected to recover in the coming years which will give a boost to the Qatar economy.  The construction industry would continue to expand with investments in infrastructure, residential, water and energy projects. The plastic pipes and fittings market growth will also be driven by the country’s Vision 2030, under which the government aims to diversify the country’s economy away from oil and support economic growth. There are numerous large-scale infrastructure projects underway in preparation of the FIFA 2022 World Cup which will positively impact the industry. It is estimated that water supply and sewage sector will continue to contribute the highest share to the revenue of plastic pipes and fittings in Qatar as of 2022 and the share of domestic manufacturing would further increase in the country in the coming years.

For more information on the research report, refer to below link:

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