Oman PVC Pipes Market Size, Share, Key Players, Industry Trends, Regional Analysis and Forecast 2023

IMARC Group, a leading market research company, has recently releases report titled "Oman PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The Oman PVC pipes market size reached US$ 136.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 200.8 Million by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

PVC pipes are manufactured by using a durable plastic resin, also known as polyvinyl chloride (PVC). As compared to other conventional pipes, they are more lightweight, flexible, and long-lasting, which makes them easier to install, handle, and transport them. In line with this, PVC pipes are also resistant to fire, bending, extreme movement, bacterial contamination, etc., and their production requires a significantly lesser amount of energy. Consequently, they are gaining extensive traction in Oman and replacing the cast-iron and galvanized pipes that were traditionally used across several industries. PVC pipes find extensive applications in medical tubing, furniture, flooring, etc.

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Oman PVC Pipes Market Trends:

The growing infrastructure projects, on account of the increasing consumer concerns towards alternative sources of income, are primarily driving the Oman PVC pipes market. Additionally, the implementation of stringent regulations by government bodies to improve the inflow of foreign direct investments and the expanding tourism sector, owing to the rich heritage across the country, are further catalyzing market growth. Besides this, the development of a new terminal in the Muscat airport has also increased the tourist inflow, which is acting as another significant growth-inducing factor. Moreover, the escalating demand for piping materials, such as PVC pipes, that do not rust or wear over time and are able to resist extreme earthquakes and shaking is augmenting the market growth. Apart from this, the inflating need for a clean water supply is propelling the market growth. Furthermore, the introduction of eco-friendly and economical variants with enhanced physical and mechanical properties is anticipated to fuel Oman PVC pipes market over the forecasted period.

Oman PVC Pipes Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the Oman PVC pipes market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:

Key Market Segmentation:

The report has segmented the Oman PVC pipes market on the basis of breakup by application and region.

Breakup by Application:

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