Market Research Reports, Latest Industry Updates, Custom Research Services | IMARC Group

According to the latest report by IMARC Group, titled “ Kuwait PVC Pipes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the  Kuwait PVC pipes market   size grew at a CAGR of 6% during 2013-2018. Kuwait is one of the wealthiest countries in the GCC region, with a high per capita income. It is currently experiencing a rise in the demand for polyvinyl chloride (PVC) pipes owing to the associated benefits such as lightweight and non-corrosive nature. Moreover, as these pipes are cost-effective, easy to install, have high tensile strength and can withstand high fluid pressure, they are rapidly replacing conventional metal pipes in plumbing applications in the country. Moreover, the production of PVC pipes consumes nearly four times lesser energy and incurs relatively lower losses of raw materials than metal pipes. In addition to this, these pipes are widely utilized in telephone ducting and electrical conduits since they offer advantage...