| Source: Research and Markets
Dublin, IRELAND
Dublin, Jan. 11, 2023 (GLOBE NEWSWIRE) — The “GCC CPVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The GCC CPVC pipes market size reached US$ 472.1 Million in 2021. Looking forward, the publisher expects the market to reach US$ 628.2 Million by 2027, exhibiting a CAGR of 4.88% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Chlorinated polyvinyl chloride (CPVC) is a thermoplastic produced by the chlorination of the PVC resin. As CPVC can withstand high temperatures and is more flexible than standard PVC, it is used for manufacturing pipes which are further utilized for dispensing hot and cold water, and industrial liquid handling. In comparison with conventional galvanized pipes, CPVC pipes offer advantages such as long service life, ease of installation and maintenance, additional safety, and resistance to corrosion. In the GCC region, growing awareness about health, hygiene, sanitation and wastewater management is increasing the demand for lightweight, sustainable and acoustic drainage pipes. As a result, CPVC pipes are gaining traction in the commercial and residential sectors in the region.
GCC CPVC Pipes Market Drivers:
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the GCC CPVC pipes market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on applications.
Breakup by Application:
At present, plumbing represents the largest application area accounting for the majority of the total market share.
Regional Insights:
Region-wise, Saudi Arabia enjoys the leading position in the GCC CPVC pipes market.
Competitive Landscape:
Key Questions Answered in This Report:
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 GCC CPVC Pipes Market
6 Market Breakup by Application
7 Market Breakup by Region
8 GCC CPVC Pipes Industry: SWOT Analysis
9 GCC CPVC Pipes Industry: Value Chain Analysis
10 GCC CPVC Pipes Industry: Porters Five Forces Analysis
11 GCC CPVC Pipes Industry: Price Analysis
12 CPVC Pipes Manufacturing Process
13 Competitive Landscape
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/ywwvyj
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