The global market for plastic pipes, ka and most other segments of the polymer industry, is optimistic about the future. The optimism is based on the data analysts and forecasts of experts, the positive dynamics and the growth of demand for this product category.
At the same time, it should be noted that the greatest interest in the plastic pipes are increasingly showing such segments of industrial consumption, as transportation of drinking water, sanitation, electricity and telecommunications, agriculture, the chemical industry and the oil and gas industry.
In the end, experts predict annual growth rate of 6.8% for the period from 2016 to 2020. At least, such data lead analysts Lucintel, recently published the results of his research.
The main driver of global market growth of plastic pipes are: infrastructure development, increase in volumes and growth rates of construction, long overdue replacement of existing pipes, created from traditional materials, population growth and urbanization. At the same time, it notes that the highest growth rates of consumption of plastic pipes show: sewerage wastewater, agriculture and the chemical industry.
On the plastic pipe market will be essential, and the supply of drinking water. This is due to the growth of residential and commercial construction, as well as the boom in infrastructure development.
With regard to polymeric materials, the most commonly used in the production of pipes in the world are: polyvinyl chloride (PVC), polypropylene (PP) and polyethylene (PE). In this case, Lucintel forecasts, the highest growth rates will be observed in the segment of pipe production on the basis of the latter, it will be due to increased consumption by the chemical industry and sewage systems.
With regard to the analysis and forecasts for the global market of plastic pipes in terms of geographical segmentation, here (as is the case with most other sectors of the polymer industry) will occupy the leading position of the Asia-Pacific region, the second place will be in North America. The driving force of the mentioned geographical segments will deliver growth in consumption by the construction industry and the industrial sector. In addition, the additional energy demand growth in the plastic pipe in the Asia-Pacific region will give the development of consumption segments as the construction of drainage systems, sewer and storm drainage systems. Especially this will involve China and India, where there are the accelerated pace of urbanization and construction. In turn, the consumption growth in North America will be based on the growth of housing and replacement of worn new pipes made of plastics.
It should also be noted that in order to meet the growing demand in the global industry of plastic pipes investment growth will be observed in the development of new technological solutions to create a more competitive products by improving quality, expanding the consumer properties and reduce the cost of manufactured products. In particular, special attention will be paid to the creation of so-called anti-microbial plastic pipes designed to improve hygiene.
Leaders of the world market of plastic pipes, to date, are: Mexichem SAB de CV, China LESSO Group Holdings Limited, Sekisui Chemical Co., Ltd, Formosa Plastics Group, and Advanced Drainage Systems Inc. Recall that a major player there and in the Russian Federation – a group of companies POLYPLASTIC.