The report titled “Israel Plastic Pipe and Fitting Market Outlook to 2023 - By Type of Pipe (UPVC, CPVC and PVC, PE, PP and Others); By Type of End User Application (Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Gas and Others) and By Market Structure (Organized and Unorganized)” provides a comprehensive analysis on introduction on Israel plastic pipe and fitting market, value chain, market size by revenue (2013-2018), market segmentation by type of pipes, by type of End User Application and by market structure, competition scenario in the industry, company profiles of major players in the market, growth drivers, trends and developments, issues and challenges in the plastic pipe and fitting market and the regulatory framework of the industry.
The report concludes with market projection for future and analyst recommendations highlighting the major opportunities and cautions.
Israel Plastic pipes market has grown at a high single digit five year CAGR from 2013 to 2018. Polyethylene (PE), Polyvinyl Chloride (PVC), Unplaticized Poly Vinyl Chloride (UPVC), Chlorinated Polyvinyl Chloride (CPVC) and Polypropylene (PP) are some of the most commonly sold types of plastic pipes and fittings in the market.
Water supply, sewage, irrigation, chemical, oil and gas are some of the most common end user application in the market. These plastic pipe and fittings are majorly manufactured domestically with very less dependence on imports from outside the country. The major growth drivers of the market include the development of the gas sector, real estate construction and wide use of precise irrigation technique.
By Type of Pipe
The market is segmented into Polyethylene (PE), Polyvinyl Chloride and Chlorinated Polyvinyl Chloride (PVC and CPVC), Unplaticized Polyvinyl Chloride (UPVC), Polypropylene (PP) and others (PU, PVDF, ABS and PB) on the basis of types of pipes. Out of these, PE pipes have the highest market share.
Wide application of such pipe includes water supply, chemicals, oil and gas and others, is the major reason behind high market share of these types of pipes and fittings in Israel. PVC, UPVC and CPVC have a significant share in the market as these types of pipes have low price.
PP pipes have the lowest market share and are generally used in plumbing applications. These are generally priced higher than other types of pipes which results in low market share of the segment.
By End User Applications
The market segmentation on the basis of end user application includes Irrigation, Water Supply and Sewage, Plumbing, Chemical and Oil and Gas and Others (Cable Protection, HVAC application, milk hoses and others).
Water supply and sewage application is the biggest segment in the market, which is followed by the plumbing sector. Fast growth in real estate construction is the biggest reason behind the high market share of both of these segments.
Chemical and oil and gas are the segment with the lowest market share as plastic pipes do not find wide use in this sector due to low durability as compared to some of its substitutes.
The plastic pipe and fittings are domestically manufactured and have a very high share in the overall market as compared to imported plastic pipe and fittings in the country.
The market is highly organized as big manufacturers in Israel have the majority of market share. Some of the major players in the market are Huliot Piping System, Uniflex, Palgal, Pexgol, Plassim and Bambi Plast.
There are few unorganized players such as Tassa and AAH Plast ltd. which have significantly small market share. Price of the product, quality of the product, on demand availability of the product, manufacturing standards and product customization are some of the competing parameters.
The competitive rivalry in the market is intense as the market is highly commoditized. The competition is at mature stage and there are many manufacturers of plastic pipes and fittings in the market.
Recently there has been a merger of two of the biggest players in the market which shows the tendency of the market to move towards consolidation in the future.
Future Analysis and Projections
The plastic pipe and fitting market in Israel is estimated to grow at a double digit five year CAGR from 2018 to 2023. Industrial growth along with residential real estate supply is the major reason behind the growth of the production.
Polyethylene pipes are expected to be the fastest growing type of pipe in the market because of their wide applications such as irrigation, water supply, sewage, plumbing, optical fiber protection and others.
Among the end user application, irrigation segment is expected to grow at fastest rate from 2018 to 2023 driven by wide use of plastic pipe in drip irrigation. Domestically manufactured products are expected to cement their majority in the overall market in the future.