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World Plastic Pipe Market
World Plastic Pipe Market
- Report price : $ 5 700
- Publication date : November 2008
World Plastic Pipe Market
Global demand to increase 4.5% per year through 2012
Worldwide demand for plastic pipe is forecast to increase 4.5 percent annually to 8.1 billion meters in 2012 In weight terms, consumption is projected to expand 4.6 percent per year to 18.1 million metric tons, reflecting a slightly higher use of plastic pipe in large diameter applications, which exhibit a higher weight per meter ratio. The gains in length represent a deceleration from the growth recorded from 2002 to 2007, based on slowing growth in construction activity in many key markets.
Developed countries will continue to account for the majority of total plastic pipe demand. These regions (Western Europe and North America, as well as Japan) are comparatively mature markets where growth in building activity tends to be well below the global average. Greater growth opportunities will continue to be concentrated in developing markets, such as China, India and other emerging nations in the Asia/Pacific region; Eastern Europe; Latin America; and the Africa/Mideast region.
PVC to remain dominant pipe material
Plastic pipe products will continue to expand their share of the overall world pipe market. There are many reasons for this, including light weight and low cost advantages, good corrosion resistance, long life and increasing acceptance in markets previously dominated by concrete and metal pipe.
PVC pipe, which accounted for twothirds of plastic pipe demand in 2007, will remain the primary plastic pipe in use, due to its widespread use in numerous construction applications. However, HDPE, reinforced fiberglass and other types of plastic pipe will offer greater opportunities for growth.
Study coverage
World Plastic Pipe, a new industry study analyzes the 14.5 million metric ton world market for plastic pipe products. It presents historical demand data for 1997, 2002 and 2007 plus forecasts for 2012 and 2017 by resin in six regions and 24 countries. In addition, the study considers market environment factors, assesses company market shares and profiles more than 30 global industry competitors.
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