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Global market for plastic pipes at $80 billion by 2019

Source:Ringier Release Date:2013-03-07 155
Pipes made from plastics have advantages compared to those made from other materials such as aluminium, concrete, cast iron, copper, and steel. Due to their low weight, their resistance to corrosive effects and chemicals as well as the simple handling increases their importance in all application areas. The market research institute Ceresana is forecasting total global revenues of more than $80 billion in 2019. Plastic pipes are mainly used in sewage, drinking/potable water and gas supply, cable protection as well as in agriculture and industry; they are likely to gain further importance in the future. Depending on application area, importance of the different types of plastics used varies considerably. Major sales market for plastic pipes is Asia-Pacific that accounts for just above 50 percent of total global demand. North America ranks second, followed by Western Europe. www.ceresana.com
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