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US Plastic & Competitive Pipe Market to 2018(M2 PressWIRE Via Acquire Media NewsEdge) US demand to rise 7.8% annually through 2018 US demand for pipe is expected to grow 7.8 percent per year through 2018, reaching $57.3 billion and a total length of 11.8 billion feet of pipe. Gains will be driven by the continuing shift in the US energy industry. Increasing exploration and drilling activity - particularly in the natural gas segment - will spur demand for pipe, as will rising interest in the use of natural gas as an environmentally friendly alternative to coal. Line pipe will be needed for the gathering, transmission, and distribution pipe networks that transport gas from wellheads to power plants and other end users. The projected rebound in building construction expenditures through 2018 will also contribute to demand for pipe. For instance, in the residential market, increasing housing completions and continuing interest in kitchen and bathroom renovation projects will boost demand for drain, waste, and vent pipe, which is used intensively in residences. Rising nonresidential building construction expenditures will support demand for conduit used to protect electrical and telecommunications wiring. Buy your copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=201864 . Among the various pipe materials, steel accounted for the largest share of pipe demand by value in 2013 with 57 percent of the market, supported by its use in the oil and gas segment. Steel pipe is used in that segment because of its low cost, durability, and compression strength. Demand for steel pipe is forecast to rise at an above-average pace through 2018 to $33.2 billion. Gains will be driven by the high level of drilling activity and the efforts of oilfield service professionals to increase the size and scope of the nation's network of natural gas transmission and distribution lines. Plastic to be fastest growing pipe material Plastic pipe demand is anticipated to rise at the most rapid pace of all materials, advancing 8.8 percent annually to $13.6 billion in 2018. Growth will be spurred by the increasing use of plastic pipe - especially small- and medium- diameter pipe - at the expense of such materials as corrugated steel, concrete, and ductile iron. Plastic pipe offers a broad range of performance advantages, such as moderate cost, ease of handling and installation, long service life, and corrosion resistance. In such applications as potable water and sewer and drainage, plastic pipe will be specified by engineers and contractors looking to reduce long-term maintenance and replacement costs. Rebounding building construction expenditures will spur demand for plastic pipe used as conduit, gas distribution, and drain, waste, and vent pipe. Complete report is available @ http://www.rnrmarketresearch.com/plastic-competitive-pipe-to-2018-market-report. html . PVC was the leading plastic resin used to make pipe in 2013, and will remain the market leader in 2018. PVC is utilized to make pipe for such applications as potable water distribution, sanitary sewer, conduit, and agriculture. Demand for PVC pipe will benefit from the material's durability and resistance to degradation caused by moisture, ultraviolet radiation, and chemicals. HDPE, which accounted for the second-largest share of plastic pipe demand in 2013, is expected to see the strongest gains in demand through 2018. HDPE pipe will see increasing use in sewer and drainage, potable water, and natural gas distribution applications, taking market share from such materials as steel and concrete. HDPE pipe offers such performance advantages as durability and corrosion resistance. Moreover, pipe made from HDPE is flexible, facilitating installation in areas with loose soils or rough terrain. Company Profiles Profiles US industry pipe makers from plastic (Advanced Drainage Systems, CertainTeed, JM Eagle) and steel (Evraz, National Oilwell Varco, Teneris, TMK, & US Steel) Additional Information This study analyzes the US pipe industry, with particular emphasis on plastic pipe. Historical data (2003, 2008, and 2013) and forecasts to the years 2018 and 2023 are provided for seven competitive pipe materials (steel, plastic, copper, concrete, aluminum, ductile iron, and clay) and five types of plastic pipe (PVC, HDPE, fiberglass, ABS, and CPVC). Also included are breakouts for eight markets (oil and natural gas; potable water; sewer and drainage; industrial processing; conduit; drain, waste, and vent; irrigation; and structural, mechanical, and other). All demand data reflect apparent consumption (production plus imports minus exports) and are given in dollars, pounds, or linear feet. Although distinctions are sometimes made between pipes and tubes, for the purposes of this study the terms "pipe," "tube," and "tubular products" are used interchangeably. Explore more market research reports on plastics at http://www.rnrmarketresearch.com/reports/materials-chemicals/plastics . About Us: RnRMarketResearch.com is an online market research reports library of 350,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. Call +1 888 391 5441+1 888 391 5441 with your research requirements.CallSend SMSAdd to SkypeYou'll need Skype CreditFree via Skype CONTACT: Ritesh Tiwari [email protected] +1 888 391 5441 http://www.rnrmarketresearch.com/blog/ . (c) 2014 M2 COMMUNICATIONS |