Plastic growth to exceed other materials in pipe market

Published: October 31, 2012 6:00 am ET

Related to this story

Topics Construction Pipe/Profile/Tubing
Companies & Associations

CLEVELAND (Oct. 31, 11:40 a.m. ET) — U.S. demand for pipe is expected to grow 6.2 percent per year to $50.1 billion in 2016, with plastic growing faster than other materials, according to a new market study.

Growth will be driven by rebound in building construction expansion of oil and gas exploration and the need to replace aging water pipe networks.

Plastic growth will be driven by resin improvements that enhance pipe performance, according to the report, “Plastic & Competitive Pipe,” by Cleveland-based Freedonia Group Inc.

PVC, which accounted for more than one-half of all plastic pipe demand in 2011, will remain the leading plastic resin, and in fact will grow at a nearly double-digit rate.

High density polyethylene will take market share from concrete, PVC, and steel pipe in drainage, storm sewer, and potable water applications.

Steel pipe will remain the leading material in value terms, accounting for $28.5 billion in 2016.

The 314-page report costs $5,300.


Comments

Plastic growth to exceed other materials in pipe market

Published: October 31, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Plastic panels silence traffic noise

April 24, 2015 10:16 am ET

Australian packaging company Pact Group Holdings Ltd. has manufactured 180,446 square feet of lightweight polyethylene panels for noise barriers on a ...    More

Image

DaVinci puts its plastic scrap back to work on new roofs

April 22, 2015 3:01 pm ET

From its own manufacturing facility to construction sites around the United States, DaVinci Roofscapes recycles about 300,000 pounds of polymer scrap ...    More

Image

Economic déjà vu: strong spring growth expected after a rough winter

April 15, 2015 2:03 pm ET

The long, harsh winter is finally over, and the first quarter of the calendar is history. So now is an appropriate time to review the emerging trends ...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events