According to the latest report by IMARC Group, titled “Oman PVC Products Market Report by Product (Pipes and Fittings, Electrical Conduits and Ducts, Windows and Doors, and Others), Product Type (Rigid PVC Products, Flexible PVC Products), End-Use Industry (Construction, Electrical and Electronics, Water Supply and Irrigation, Chemical and Mining, and Others) 2025-2033,” the Oman PVC products market size reached 87,820 Tons in 2024. Polyvinyl chloride (PVC) is a synthetic resin made from the polymerization of vinyl chloride, which is one of the most popular synthetic polymers across the globe. It is used in the production of cables, window frames, wall coverings, drinking water and wastewater pipes, flooring and roofing foils, and several other applications since it represents a modern alternative to traditional materials, such as wood, metal, rubber and glass. As compared to these conventional materials, PVC products are economical, lightweight, highly resistant to chemicals and require easy processing. In line with this, PVC products are resistant to weathering, corrosion, chemical rotting, shock and abrasion.
Oman PVC Products Market Trends:
The Sultanate of Oman has relied on the oil and gas industry for several decades to generate wealth. However, owing to the reduction in global oil prices during 2014-2017, the Government has decided to invest in alternative sources of income to stimulate the economy. This shift in focus has resulted in the introduction of numerous infrastructural projects, such as Khazaen Economic City (KEC), Mina Al Sultan Qaboos Waterfront and Quriyat ITC Project, and the burgeoning tourism, fisheries, logistics and e-commerce sectors in the country. Besides this, the Government of Oman is also offering tax incentives and credit approvals and making amendments in existing policies to attract foreign direct investments. Furthermore, there is a rise in the construction activities in the residential, commercial and transportation sectors in the country. Owing to these factors, the market volume is projected to reach 112,540 Tons by 2033, expanding at a CAGR of 2.65% during the forecast period (2025-2033).
Market Summary:
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