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Study on the increased global demand for plastic pipe

Edit: Weifang Jintai Plastic Industry Co.,Ltd    Date: Jun 23, 2016

According to a new report Freedonia, 8.5% annual increase in global demand for plastic pipe, by 2017, the United States rebound in market demand stimulated. In 2007 and in 2012, the growth in global demand is only 2.4%. United States market recovery will boost United States demand is expected to rise to 9.8% until 2017, when compared, fell 7.1%, between 2007 and 2012. Similarly, the reduced demand in Western Europe, over the past six years, will see demand growth 5%, until 2017. 9.7% will see increased demand in Asia, fell slightly from 11% between 2007 and 2012. Demand for plastic pipe will also be boosted, as replacing other materials, copper, concrete, or steel, plastic pipe applications. PVC resin is the most common used in 2012, 55% of the total demand. However, high density polyethylene (HDPE) market share from PVC Freedonia says in many architectural applications going forward. Glass fiber-pipe previously used may be justified because of its high price limited-water application, because its performance is more popular.

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