Global demand for plastic pipe will advance to 19.3 billion meters in 2019 on growth of 6.7 percent per year. Rising construction spending across most world regions will drive growth. Improvements in technology and plastic resins will also boost growth, allowing plastic pipe to take market share from metal and other materials in energy and industrial applications. Plastic’s lighter weight and resistance to corrosion will support demand.
Asia/Pacific Will Remain Largest Region
The Asia/Pacific region, already the largest consumer of plastic pipe in 2014, will see the fastest growth of any region, led by the large India and China markets. North America will also see strong gains, driven by an ongoing recovery in construction spending as well as increasing use of plastic pipe in energy applications.
Strong Advances in HDPE pipe
Among resins, HDPE will see the strongest growth through 2019, driven by the its use in energy applications, as well as increasing use of cross-linked polyethylene (PEX) pipe in construction applications. PVC will remain the most popular resin through the forecast period.
The plastic pipe market is fragmented, with no company holding a very large share of the market. While some plastic pipe manufacturers focus exclusively on niche pipe markets, others offer pipe as part of a range of building, plumbing, or plastic products. Significant manufacturers active in the industry include Advance Drainage Systems, Aliaxis, China Lesso, Formosa Plastics, Future Pipe, Ginde Plastic Pipe, JM Eagle, Mexi-chem, Sekisui Chemical, and Tigre SA Tubos e Conexoes.
Scope of the Report
This report covers the scope, size, and growth of the global plastic pipe market including key trends in materials usage and market segmentation. Historical data are provided for 2004, 2009, and 2014 with forecasts for 2019 and 2024, with year by year historical market volatility also addressed. Data are provided in meters and metric tons. Also included is an analysis of the industry key players and their market shares.
Products covered within the scope of this report include:
Markets covered within the scope of this report include:
This study provides data for 24 countries in six world regions:
Central & South America