Saudi Arabia Polyvinyl Chloride (PVC) Market Forecast, and Industry Overview 2028

The Saudi Arabia Polyvinyl Chloride (PVC) Market is projected to grow at a CAGR of around 4.5% during the forecast period, i.e., 2023-28.

Overview of the Saudi Arabia Polyvinyl Chloride (PVC) Industry:

The Saudi Arabia Polyvinyl Chloride (PVC) market is projected to experience substantial growth between 2023 and 2028, driven by digital transformation, innovation in service delivery, and expanding demand. With a forecasted CAGR of 4.5% during the forecast period, i.e., 2023-28.

This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.

Market Size & Forecast (2023–2028)

  • Base Year: 2022
  • Forecast Period: 2023-28
  • Estimated CAGR (2023-28): 4.5%

Key Market Driver (What’s Driving Saudi Arabia Polyvinyl Chloride (PVC) Sector Growth?)

Surging Construction of Residential Building to Lead the Market Growth – During the historical period, the residential sector experienced notable growth due to the increasing construction of housing units in the country. The emergence of government housing programs such as the Sakani housing program has been a key growth driver in Saudi Arabia's residential construction industry. The expansion of housing units significantly contributed to the demand for PVC construction materials like pipes & fittings, siding & cladding, window frames & profiles, roofing membranes, etc.

Furthermore, the government has been continuously investing in the residential sector to raise home ownership to reach nearly 70% by 2030. The government launched more than 90 residential construction projects across Saudi Arabia in 2020, intending to construct more than 140,000 housing units over the next few years. As a result, the expansion of residential projects would necessitate the demand for construction materials in the country. Also, the soaring need for construction materials in the country would push the demand for manufacturing PVC-made construction materials, therefore upscaling the growth graph of the Saudi Arabia Polyvinyl Chloride (PVC) Market.

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Top Companies in the Saudi Arabia Polyvinyl Chloride (PVC) Market

Here’s a snapshot of key players leading innovation and market share:

  • Saudi Basic Industries Corporation
  • Arabian Plastic Compounds Co. Ltd.
  • Interplast Co. Ltd.
  • ALRajhi Industrial Group
  • Arabian Gulf Manufacturers Ltd.
  • Saudi Plastic Products Company Ltd. (SAPPCO)
  • Al Watania For Industries
  • New Product Industries Co. Ltd.
  • Saudi Industries for Pipes Co.
  • Almona Plastic Product Company Ltd. Co.
  • Others

The market is highly fragmented, with a mix of and regional players competing for market share. To Learn More About the Trends Impacting the Future of Top 10 Companies in Premium Saudi Arabia Polyvinyl Chloride (PVC) Market

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/saudi-arabia-pvc-market.html

Saudi Arabia Polyvinyl Chloride (PVC) Market Segmentation Analysis

-By Product Type

  • Rigid
  • Flexible
  • Low-smoke PVC
  • Chlorinated PVC

Rigid PVC held a significant share in the Saudi Arabia Polyvinyl Chloride market due to its application to manufacture pipes & fittings, wires & cables, films & sheets, bottles, etc.

-By Application

  • Pipes & Fittings
  • Film & Sheets
  • Wire & Cables
  • Bottles
  • Others (Profiles, Hoses, etc.)

Out of them, the pipes & fittings are estimated to grow at a moderate rate during the forecast year due to the growing requirement in the construction, oil & gas, water & wastewater, and other industries.

-By End Users

  • Construction- Market Size & Forecast 2018-2028, USD Million
  • Automotive- Market Size & Forecast 2018-2028, USD Million
  • Packaging- Market Size & Forecast 2018-2028, USD Million
  • Electrical & Electronics- Market Size & Forecast 2018-2028, USD Million
  • Consumer Goods- Market Size & Forecast 2018-2028, USD Million
  • Others (Healthcare, Signage & Advertising, etc.)- Market Size & Forecast 2018-2028, USD Million

Geographical Analysis

-By Region

  • East
  • West
  • South
  • Central

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Methodology Behind the Report

This research combines qualitative and quantitative methods, including:

  • Expert interviews
  • Proprietary forecasting models
  • Financial and trade databases
  • Government and institutional data

Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.

Frequently Asked Questions About the Saudi Arabia Polyvinyl Chloride (PVC) Market

  1. What is the growth rate of the Saudi Arabia Polyvinyl Chloride (PVC) market from 2023–2028?
  2. Which segment are expected to dominate market?
  3. Who are the top companies and what strategies being they using?
  4. What are the key risks and challenges in this industry?
  5. How can businesses prepare for future trends?

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