Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
According to 6Wresearch, Africa Plastic Pipes and Shapes Market size is anticipated to register a sluggish growth during 2020-26. South Africa is the leading producer of stainless steel pipe and tube products in the Africa region followed by Egypt. The main drivers of the market are the infrastructure & construction sector, healthcare sector and petrochemical & energy sector where continuous investment is taking place. Moreover, setting up new nuclear power plants and developing healthcare equipment is spurring growth in these sectors. However, the strong competition from non-African countries with low priced plastic pipe products as well as the availability of cheaper alternatives to its end-user industries is suppressing the production of plastic PVC pipe and tube in the African market. This is also curbing the demand for domestically produced Plastic PVC pipe and tubes by its end users. Moreover, South Africa is the only dominant exporter of Plastic PVC pipe and tube...