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

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

New Tigre, ADS JV aims to open more doors for Tigre in US

April 16, 2014 12:15 pm ET

A new joint venture between Tigre S.A. Brazil, a leading PVC pipe maker, and Advanced Drainage Systems Inc., the world's largest high-density...    More

Associated Materials Group withdraws plan for initial public offering

April 16, 2014 10:16 am ET

Associated Materials Group Inc. of Cuyahoga Falls, Ohio, a manufacturer and distributor of exterior residential building products in the United...    More

Sika expands polyurethane production in South Korea with plant purchase

April 16, 2014 9:52 am ET

Switzerland-based Sika AG has bought a factory in Gunsan, South Korea, to strengthen its locally produced polyurethane flooring and coating range,...    More

Vi-Lux expands capacity, with room already laid out for future growth

April 15, 2014 2:00 pm ET

Vi-Lux Building Products Inc. just expanded its extrusion capacity by 15 percent — and while work crews were inside the Napanee, Ontario,...    More

Polypipe shares rise on opening day of IPO

April 15, 2014 11:06 am ET

Polypipe Group plc saw its share prices rise during its first day of public trading on the London Stock Exchange, rising from 245 pence ($4.10) to 250...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events