Exploring Middle East & Africa Pipes and Fittings Market Opportunity, Latest Trends, Demand, and Development By 2028
MarkNtel Advisors recently published a detailed industry analysis of the Middle East & Africa Pipes and Fittings Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Middle East & Africa Pipes and Fittings Market (2023-2028)
The Middle East and 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.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Access the detailed PDF Sample report – https://www.marknteladvisors.com/query/request-sample/mea-pipes-fittings-market.html
What is driving the 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.
What segments define the Middle East & Africa Pipes and Fittings market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Material Type
(Metal, Plastic, Steel , Others),
By Fitting Type
(Elbow, Couplings, Tees, Valves, Others),
By End User
(Industrial, Residential, Commercial, Municipalities & Water , Oil & Gas, Others),
By Demand Type
(New Installation, Repair & Replacement),
By Country
(The UAE, Saudi Arabia, Qatar, South Africa, Egypt, Nigeria, Turkey, Rest of The Middle East & Africa)
Explore the Complete Middle East & Africa Pipes and Fittings Market Analysis Report – https://www.marknteladvisors.com/research-library/mea-pipes-fittings-market.html
Who are the leading key players shaping the Middle East & Africa Pipes and Fittings Market landscape?
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
Questions Addressed in this Study
1.What factors are driving the Middle East & Africa Pipes and Fittings Market growth?
2.How is the Middle East & Africa Pipes and Fittings Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Middle East & Africa Pipes and Fittings Market?
4.What is the current size of the Middle East & Africa Pipes and Fittings Market, and how is it projected to change in the future?
6.What is the future outlook for the Middle East & Africa Pipes and Fittings Market in terms of technological advancements and market expansion?
For a Customized Analysis Report, Just Drop Your Inquiry Here – https://www.marknteladvisors.com/query/request-customization/mea-pipes-fittings-market.html
Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
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 15 diverse industrial verticals.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
