Plastic Pipes: A Global Strategic Business Report
San Jose, California (PRWEB) March 06, 2012
Follow us on LinkedIn – World plastics pipe market is poised to register modest growth in the near term as the industry remains clouded by economic challenges. The market suffered a major setback during 2008 and 2009 after registering commendable performance in the past decade, especially during the period prior 2008, as the financial crisis swept away growth in most regions. Future growth in the plastic pipes market would be driven by huge infrastructure investments in developing countries led by the BRIC nations.
The next few years are likely to witness the launch of new plastic products into the market. As plastics perform efficiently in utility water systems, cable protection, under-floor heating, and other similar applications, escalating opportunities in these areas are projected to bode well for plastic pipes in the future. Improvement in resin formulations that augment performance of pipes in challenging environments and improvements in processing methods would enable plastic pipe to be highly economical as compared to other competing materials. Segment-wise, Polyvinyl chloride (PVC) is expected to maintain its dominance in the plastic pipe market. Increasing use of PVC in small diameter applications such as agriculture-grade pipes, potable water distribution pipes and sanitary sewers is expected to further expand its share. High-density polyethylene (HDPE) pipe category demonstrates high growth prospects among leading plastic pipe resin categories. These pipes include less installation costs when compared to other varieties of plastic pipes and can also be modified according to application area.
As stated by the new market research report on Plastic Pipes, Europe and the US comprise the largest markets. Asia-Pacific, Middle East, Eastern Europe and Latin America are expected to display higher growth than the global average growth rate following increasing demand for plastic pipes in construction, telecommunications and natural gas distribution systems. Advancements in drinking water transfer systems, and sewage and drainage systems are also expected to drive the market for plastic pipes. Additionally, laying of natural gas distribution pipelines, which is currently underway or being planned in many countries is also likely to bolster the drive for plastic pipes. China represents the leading producer of plastic pipes worldwide with about 2,000 production lines. Majority of the new and expansion projects in the country are extensively making use of plastic pipes. The Middle East and African markets are also expected to witness rapid growth with increasing demand from local industrial enterprises and construction companies.
The US is poised to witness continued prevalence of plastic pipes over conventional piping materials. A combination of factors including likely rise in state spending towards municipal and state infrastructure projects and a rebound in construction activity are expected to spur robust expansion of pipes market. In addition, pressing need to repair and replace the worn-out water pipe networks and increased oil and gas exploration as well as transmission related operations are poised to support pipes market expansion in the US. In Europe, the increasing thrust towards improving and expanding infrastructure networks across Eastern Europe is poised to expand the consumption of plastic pipes in the region.
Major players in the marketplace include A.G. Petzetakis, Advanced Drainage Systems Inc., Amanco, C. I. Kasei Company, Chevron Phillips Chemical Company LLC, EgePlast A. S, Finolex Industries Ltd., Foshan Rifeng Enterprise Co., IPEX Inc., JM Eagle Company Inc., KWH Pipe Ltd., Mitsubishi Plastics Inc., National Pipe and Plastics Inc., North American Pipe Corporation, Pipelife International GmbH, Plastika AS, Polypipe Plc, Royal Pipe Systems, Sekisui Chemical Company Ltd., Shin-Etsu Polymer, Tessenderlo Group, Thai Pipe Industry Co., Ltd., Tigre SA Tubos e Conexoes, Uponor Corp., and Wavin N.V.
The research report titled "Plastic Pipes: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections for the years 2009 through 2017 by product segments including Polyvinyl Chloride (PVC) Pipes, Polyethylene (PE) Pipes, Polypropylene (PP) Pipes, and Other Plastic Pipes. Major markets analyzed include the United States, Canada, Japan, France, Germany, the UK, Italy, Spain, Russia, Asia-Pacific, Latin America and Rest of World.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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