Discover the Middle East & Africa Pipes and Fittings Market Research Report with MarkNtel Advisors latest study! Our comprehensive report goes deep into the market's size, share, growth potential, demand, and future prospects. We examine current market trends, identify growth drivers, and address limitations. Our analysis spans from 2023 to 2028 aiming to capture the evolving landscape. Additionally, we provide future market projections, along with a thorough exploration of key market dynamics and segment performance. Dive into our assessment of supply and demand, as well as the current manufacturing scenario.
The Middle East and Africa Pipes and Fittings Market is estimated to grow at a CAGR of around 4.47% during the forecast period, i.e., 2023-28.
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Industry Driving Factor:
Surging Investment in Oil & Gas Industry in line with New Cleaner Applications of Fossil Fuels – The oil & gas industry in the Middle East and Africa (MEA) region is a major contributor to the global energy market. According to the BP Statistical Review of World Energy 2019, the Middle East holds nearly 836.1 thousand million barrels out of the world’s total proved reserves of around 1,729.7 thousand million barrels of oil, which constitutes about 48.5% of the total crude oil reserves across the globe.
Countries in The Middle East and Africa are increase their oil & gas production by investing in various development and expansion projects to fulfill the ongoing and upcoming demand of fossil fuel energy. The major new demand for oil & gas is in the coming years is anticipated to be for the production of blue hydrogen, ammonia, etc. Also the oil producing countries have signed agreements for pipeline supply of these clean energies to support energy transition globally. The oil industry relies on extensive pipeline networks for the transportation of crude oil, refined products, and natural gas.
To meet the increasing demand for oil and gas countries such as the UAE, Kuwait, Iran, and Iraq investing since 2018, to increase the production capacity of existing oil reserves as well as exploration or development of new oil & gas reserves for such projects significant infrastructure development is necessary. This includes the construction of pipelines, refineries, and storage facilities. All these infrastructure projects required a substantial supply of pipes and fittings, which furthermore results in increasing the demand for pipes and fittings across the Middle East and Africa market in the forthcoming years.
This report is a comprehensive research study focusing on the growth of the Middle East & Africa Pipes and Fittings Market in various segments and geographical areas. Its aim is to help key stakeholders and industry leaders develop innovative strategies and marketing campaigns to bolster the anticipated production and revenue in the coming year. The report delves into shifts, trends, supply chain dynamics, demand, pricing for products and services, and other crucial aspects within each subcategory. Here are the different segments explored in this research report.
By Material Type
Metal
Brass
Aluminum
Copper
Plastic
Polyvinyl Chloride (PVC)
Polyethylene
Polypropylene
Others (Fiberglass Reinforced Plastic (FRP), Polybutylene (PB) Pipes, etc.)
Steel
Carbon
Stainless
Others (Glass, Cast Iron, etc.)
By Fitting Type
Elbow
Couplings
Tees
Valves
Others (Connectors, Flanges, etc.)
By Demand Type
New Installation
Repair & Replacement
By End User
Industrial
Residential
Commercial
Municipalities & Water Utilities
Oil & Gas
Others (Agriculture (CEA), etc.)
Middle East & Africa Pipes and Fittings Market Geographically Analysis:
By Country
The UAE
Saudi Arabia
Qatar
South Africa
Egypt
Nigeria
Turkey
Rest of Middle East and Africa
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In this section, the report authors perform a thorough analysis of leading companies in the Middle East & Africa Pipes and Fittings Market. They examine the firms' strategies, recent advancements, expansion initiatives, product and service offerings, mergers and acquisitions, and opportunities for enhancing profitability. The report spotlights the following noteworthy companies:
Saint Gobain (Pamline)
GF Piping Systems
Wavin
Uponor GmbH
Aliaxis
National Pipe Company Ltd.
Future Pipe Industries
National Plastic & Building Material Industries LLC
Flowflex Group
D Industries Inc.
Others
We closely monitor country market trends and industry responses. Additionally, we offer projections of the latest market trends, considering the possible market impact."
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