The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter's Five Forces models.Report Metrics
Historical Year: 2017-2022
Base Year: 2022
Forecast Year: 2023-2028
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Polyethylene (PE) refers to a highly crystalline non-polar thermoplastic generated through the polymerization of ethylene. It can be easily melted and reshaped in various products ranging from bottles, bags, and pipes to bulletproof vests and medical devices. PE pipes are highly durable, flexible, and resistant to biological growth, corrosion, and damage caused by external loads and vibrations. In addition, these pipes are easy to handle, require little maintenance, and are repellent to contamination caused by algae, fungi, or bacteria. As a result, PE pipes are widely used for water services, drainage, sewer application, telecom ducts, etc.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience, and overall performance of businesses.
GCC Polyethylene (PE) Pipes Market Industry Trends and Drivers:
The growing application of PE pipes in the oil and gas sector to evenly distribute oil and natural gas is primarily driving the GCC polyethylene (PE) pipes market. Moreover, the increasing adoption of PE pipes in the residential and commercial units for the distribution of water and gas is further stimulating market growth. Besides this, various initiative undertaken by government bodies to promote the usage of non-toxic and highly recyclable products like PE pipes, on account of rising greenhouse gas emission, is creating a positive outlook for the market. Furthermore, the escalating utilization of PE pipes in desalinating seawater and treating wastewater and sewer due to their superior flow ability and leakage-free joints is further catalyzing the market growth. Several other factors, including ongoing infrastructural development in the GCC region and the advent of new mechanical joining concepts and technologies, are expected to propel the GCC polyethylene (PE) pipes market over the forecasted period.
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GCC Polyethylene (PE) Pipes Market Segmentation:
The market is segmented on the basis of type, end-use, and region.
Type
End-use
Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape:
The report also provides insights on the competitive landscape of polyethylene (PE) pipes with the leading players profiled in the report.
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