KSA Plastic Pipes Market is expected to grow with a CAGR of 4.5% in the forecast period of 2022 to 2026. The years considered for the study are as mentioned below.
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KSA plastic pipes market is a highly consolidated market, including a specific number of key and local players. The market has witnessed increased strategic developments owing to favourable market scenarios.
The major players dealing in KSA plastic pipes market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.
For instance,
- In October 2020, Alwasail Industrial Company undertook irrigation projects in Neom, Saudi Arabia, contributing to the city's transformation into a leading global innovation & trade center. It has helped the company to earn more revenue in the long run
The development and promotion of new products in the exhibition result in the cooperation between different players in the market.
Alwasail Industrial Company is the dominating player and the other players in the market are AL KOLBAN Thermopipe Factory Co., Manaf Holding Company, Knoah Technology, Tahweel Pipes, Abdur Rahman A. Al-Rajhi Group L.L.C., Saudi Hepco, Union Pipes Industry, New Products Industries Co Ltd. (Neproplast), SAPPCO and SAUDI PIPE SYSTEM.
Alwasail Industrial Company
Alwasail Industrial Company is headquartered in Buraydah, Saudi Arabia, as private ownership and was founded in 1984. The company is engaged in producing pipes & fittings mainly for irrigation, telecom, drinking water, firefighting networks, and gas and oil transport systems. The company has products that are Pipes, Fittings, Catalogs, out of which Pipes and Fittings are market-focused products. The company has a wide presence in Saudi Arabia.
- In March 2021, Alwasail Industrial Company conducted training of students for the higher institute for plastic industries inside the Alwasail Industrial Company's Factory, Al-Qassim. It has helped the company to increase its production capacity in terms of plastic pipes.
AlMunif Pipes
AlMunif Pipes is headquartered in Riyadh, Saudi Arabia, as private ownership. It was founded in 1987. The company is engaged in producing all types of pipes and fittings. The company has several product categories: UPVC, CPVC, GRP, PP-R, HDPE Pipes and Fittings, under which UPVC, CPVC, PP-R, HDPE Pipes and Fittings are focused products category. The company has a wide presence in Saudi Arabia.
- In November 2016, AlMunif Pipes acquired ISO 9001:2008 for manufacturing all types of UPVC, CPVC, GRP, PP-R, HDPE Pipes and fittings. This has helped the company gain a good market reputation in the country.
Tahweel Pipes
Tahweel Pipes is headquartered in Saudi Arabia as private ownership and was founded in 2012. The company is engaged in producing piping products and fittings for plastic piping systems. The company has products that are Pipes, Fittings, Accessories, out of which Pipes and Fittings are market-focused products. The company has a wide presence in Asia-Pacific, North Africa and Europe.
- In October 2017, Tahweel Pipes acquired the (DVGW) Certificate, a German certificate that proves that Tahweel pipes are healthy and free of microbial growth and harmful sediments, which makes them suitable for drinking use. The certification has helped the company gain a good market share all over the world.
