The U.S. Market for Plastic Pipe
July 13, 2012
Wellesley, Mass.– According to a new technical market research report, THE U.S. MARKET FOR PLASTIC PIPE (PLS053A) from BCC Research (www.bccresearch.com), the total plastic pipe and tubing in theU.S. was more than 9 billion pounds in 2011 and is projected to reach nearly 10 billion pounds in 2016, a CAGR of 2%.
The market for plastic piping and tubing can be broken down into six categories by application: building and construction; petroleum service; machinery, process and other equipment; electrical and telecommunications; mechanical and structural; and specialty and other.
The building and construction segment by far accounts for most of the market, totaling 6.4 billion pounds in 2011. This segment is expected to increase at a 2% CAGR and reach more than 7 billion pounds in 2016.
The electrical and communications segment accounts for the next largest share of the market, totaling 1 billion pounds in 2011. Increasing at a CAGR of 1.8%, this segment should total 1.1 billion pounds by 2016.
Together, the last four segments accounted for 1.6 billion pounds in 2011. By 2016, these segments should total 1.7 billion pounds, a little more than 17% of the market.
One can argue that piping systems have been one of the primary contributions to the development of civilization as we know it. From ancient civilizations to the present day, piping has been used to move liquids, primarily for water service and waste drainage. As a result, piping is so ingrained in our lives that we seldom think about it unless a new project cuts through our neighborhood, a water main breaks and floods local streets, or some other event reminds us of the huge piping infrastructure that exists around (and beneath) us. More and more of this infrastructure is being made of plastic materials, including pipe and tubing.
The fight for markets, coupled with ongoing technical improvements in newer piping materials, has increased an already very competitive situation. Newer, competing materials are primarily plastics, many of which are cheaper, lighter, and better able to withstand environmental attacks such as corrosion. In addition, these materials are easier to install and maintain. This gives plastic pipe several advantages over other materials, and is a primary reason for concentrating on plastic pipe in this study and report.
The report will give its audience:
- Descriptions of the plastic pipe and tubing industry, its importance to the functioning and quality of life, and its future prospects
- Descriptions of many plastic piping and tubing products and their major end-use markets in theU.S.
- An analysis and market estimate ofU.S.plastic pipe industry production and shipments in the base year 2011 and growth forecasts through 2016
- Descriptions of manufacturing methods used to make important types of commercial plastic piping and tubing.
- Identification of many major American plastic pipe and tubing suppliers
- Descriptions of some recent trends and new developments in plastic pipe and tubing technology
- Discussions of environmental and governmental regulatory issues and factors that affect the plastic piping and tubing industry.
The huge infrastructure of piping and tubing should make this report of interest to a wide group of organizations and individuals, and will be most useful to marketing and management personnel in companies that produce, market and sell all types of piping and tubing; companies that supply, or want to supply, equipment and services to plastic piping and tubing supply companies; financial institutions that supply money for such facilities and systems, including banks, merchant bankers, venture capitalists, and others; personnel in end-user companies; communities and industries that purchase and use plastic piping and tubing equipment; and government personnel, given the expansiveness of piping and tubing across the country.
The U.S. Market for Plastic Pipe( PLS053A )
Publish Date: Jul 2012
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
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