Middle East & Africa Pipes and Fittings Market Growing at a Robust 4.47% CAGR: MarkNtel Advisors

Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Middle East & Africa Pipes and Fittings Market, The Middle East & Africa Pipes and Fittings Market size is valued at around USD 7.98 billion in 2024 and is estimated to grow at a CAGR of around 4.47% during the forecast period, i.e., 2023-28. Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Middle East & Africa Pipes and Fittings Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

Forecast Period: 2023-2028
CAGR (2023-2028): 4.47%

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Middle East & Africa Pipes and Fittings Market Segmentation Breakdown:

The Middle East & Africa Pipes and Fittings Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

By Material Type

Metal- Market Size & Forecast 2018-2028, USD Million
- Brass
- Aluminum
- Copper
Plastic- Market Size & Forecast 2018-2028, USD Million
- Polyvinyl Chloride (PVC)
- Polyethylene
- Polypropylene
- Others (Fiberglass Reinforced Plastic (FRP), Polybutylene (PB) Pipes, etc.)
Steel - Market Size & Forecast 2018-2028, USD Million
- Carbon
- Stainless
Others (Glass, Cast Iron, etc.) - Market Size & Forecast 2018-2028, USD Million

In recent years, the requirement for plastics pipes in the MEA region has been gradually growing due to rapid urbanization, infrastructure development, and industrial expansion.

By Fitting Type

Elbow- Market Size & Forecast 2018-2028, USD Million
Couplings- Market Size & Forecast 2018-2028, USD Million
Tees- Market Size & Forecast 2018-2028, USD Million
Valves- Market Size & Forecast 2018-2028, USD Million
Others (Connectors, Flanges, etc.)- Market Size & Forecast 2018-2028, USD Million

By Demand Type

New Installation- Market Size & Forecast 2018-2028, USD Million
Repair & Replacement- Market Size & Forecast 2018-2028, USD Million

By End User

Industrial- Market Size & Forecast 2018-2028, USD Million
Residential- Market Size & Forecast 2018-2028, USD Million
Commercial- Market Size & Forecast 2018-2028, USD Million
Municipalities & Water Utilities- Market Size & Forecast 2018-2028, USD Million
Oil & Gas- Market Size & Forecast 2018-2028, USD Million
Others (Agriculture (CEA), etc.)- Market Size & Forecast 2018-2028, USD Million

In the Middle East and Africa, the expansion of the commercial sector has been driven by its commitment to economic diversification, business-friendly policies, strategic location, supportive infrastructure, and the development of key industries, such as finance, tourism, technology, and education.

Geographical Growth Insights:

By Country

The UAE
Saudi Arabia
Qatar
South Africa
Egypt
Nigeria
Turkey
Rest of Middle East and Africa

The UAE dominated the Middle East and Africa Pipes and Fittings market size during the historical years, owing to the rising requirement for pipes and fittings in various sectors such as oil & gas, commercial, industrial, residential, etc.

MarkNtel Advisors Highlights Key Market Drivers for Middle East & Africa Pipes and Fittings Market:

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.

A Comprehensive Analysis of Leading Companies in Middle East & Africa Pipes and Fittings Market

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

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Middle East & Africa Pipes and Fittings Market Recent Developments

2023:Alwasail Industrial Company announced the signing of a purchase agreement to acquire all the shares of Shukor Composite Piping Systems Middle East Limited with a total transaction value of around USD0.53 million. The company aims to expand the business base of Al-Wasail Industrial Company by taking advantage of the increasing opportunities in the sector in accordance with the company's strategic plans.

Middle East & Africa Pipes and Fittings Market Growth Opportunity:

Surging Investment in Zero Carbon Buildings in Construction Industry – The net zero-carbon building concept includes the goal of reducing carbon emissions associated with the building's construction, operation, and overall lifecycle as well as optimizing the usage of resources. The Middle East and Africa countries focused on reducing their greenhouse gas emission to achieve their targets of reducing carbon emissions by 2060. One of the sectors which are responsible for carbon emissions is the Construction sector. This sector produces carbon emissions at unprecedented levels of construction as well as building operations.

In 2022, International Energy Agency stated that the construction sector accounts for 40% of global carbon dioxide emissions and 36% of worldwide energy consumption. Thus, governments focus on the sustainable construction of green buildings to control and reduce existing emission levels of such structures by investing in construction projects of Green buildings further which needed to be equipped with pipes and fittings resulting in increasing demand for these materials in the market of Middle East and Africa region.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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