According to a new report by Expert Market Research titled, “Iraq PVC Pipes Market Price, Size, Share, Report and Forecast 2024-2032″, the Iraq PVC pipes market size is expected to be aided by the growth of the Middle East plastic pipes market, which is expected to grow at a CAGR of 4% in the forecast period of 2024-2032. Aided by the growing importance of these pipes in various applications, the market is expected to grow significantly by 2032.
PVC pipes are renowned for their durability, resistance to corrosion, and versatility, making them ideal for a range of applications in water supply, sewage systems, irrigation, and industrial processes. In Iraq, the demand for these pipes is being fuelled by rapid urbanisation, extensive infrastructural developments, and the rehabilitation of existing water and sewage networks.
The construction boom in Iraq, driven by the need for residential, commercial, and industrial spaces, is a primary catalyst for the Iraq PVC pipes market growth. The government’s focus on improving public infrastructure, including water and sewage systems, further bolsters this demand. Additionally, the country’s strategic plans to revitalise its agriculture sector have spurred the usage of PVC pipes for irrigation purposes, underlining their significance in Iraq’s economic development.
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Technological advancements in the manufacturing of PVC pipes are also boosting the Iraq PVC pipes market demand. Innovations in material compositions, such as the development of eco-friendly and high-performance PVC blends, are enhancing the functionality and application scope of these pipes. Moreover, manufacturers are increasingly focusing on producing pipes that are not only robust and long-lasting but also lightweight and easy to install, catering to the evolving needs of the construction industry.
The Iraq PVC pipes market outlook is further being influenced by the global shift towards sustainable and cost-effective building materials. PVC pipes, known for their energy-efficient production and recyclability, align with the global trend of environmental sustainability. This aspect is particularly appealing in Iraq, where environmental concerns are becoming increasingly prominent in public policy and consumer choices.
Regionally, the market is experiencing varying growth dynamics. Urban areas, particularly in and around major cities like Baghdad and Basra, are witnessing higher demand due to concentrated construction activities and infrastructural upgrades. Rural regions are also catching up, driven by governmental efforts to improve rural infrastructure and water management systems.
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Market Segmentation
The market can be divided based on application.
Market Breakup by Application
• Sewerage and Drainage
• Plumbing
• Irrigation
• HVAC
• Oil and Gas
• Water Supply
• Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Iraq PVC pipes market. Some of the major players explored in the report by Expert Market Research are as follows:
• DHY Trading Corporation
• Dyara Plastic
• Burj Al-Iraq (Al-Ateia Group)
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