MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Middle East & Africa Pipes and Fittings Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Middle East & Africa Pipes and Fittings Market: 2023-2028
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.
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What are the primary factors driving the growth of the Middle East & Africa Pipes and Fittings Market?
The Middle East and Africa Pipes and Fittings Market Drivers: 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.
Middle East & Africa Pipes and Fittings Market Segmentation:
The Middle East & Africa Pipes and Fittings Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
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.)
- 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
-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.)
Geographical Analysis into the Vivid Hair Dye Market:
- The UAE
- Saudi Arabia
- Qatar
- South Africa
- Egypt
- Nigeria
- Turkey
- Rest of Middle East and Africa
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/mea-pipes-fittings-market.html
Competitive Landscape and Middle East & Africa Pipes and Fittings MarAket Share Analysis:
The competitive landscape of the Middle East & Africa Pipes and Fittings Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
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, K. D Industries Inc., Others
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Middle East & Africa Pipes and Fittings Market growth?
- How is the Middle East & Africa Pipes and Fittings Market expected to grow over the next five years?
- What are the key insights into the current trends in the Middle East & Africa Pipes and Fittings Market?
- What is the current size of the Middle East & Africa Pipes and Fittings Market, and how is it projected to change in the future?
- What is the future outlook for the Middle East & Africa Pipes and Fittings Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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