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Surge in Infrastructure Spending and Advances in Resin Types to Stimulate Large Diameter Plastic Pipes Market, According to New Report by Global Industry Analysts, Inc.

March 10, 2014

GIA announces the release of a comprehensive global report on Large Diameter Plastic Pipes markets. Buoyed by resurgence in construction activity, increasing application in public infrastructure projects, and advancements in resin types, global market for Large Diameter Plastic Pipes is forecast to reach 6.5 million metric tons by 2020.

San Jose, California (PRWEB) March 10, 2014

Follow us on LinkedIn – Large diameter plastic pipes are crucial to a nation’s infrastructure owing to their vast applications in projects such as potable water lines, storm drains and wastewater treatment pipelines. The market is expected to gain significantly from rising prices of steel and the mounting pressure to maintain economic viability of pipeline projects. The market is also expected to benefit from expanding population and the subsequent rise in demand for potable water which entails installation of new pipelines. Large diameter plastic pipes are increasingly preferred owing to key features such as superior resilience to rough terrains and high tolerance for extreme pressure. Expanding applications in niche areas such as in underwater marine pipelines and mining pipelines are forecast to benefit demand for large diameter plastic pipes in the coming years. The need to replace pipelines in developed countries with aging infrastructure offers further growth prospects for plastic pipes.

Rising preference for Trenchless Technology in rehabilitation and installation of new pipelines is also an important factor driving growth for large diameter plastic pipes. Technology innovation, introduction of advanced resin types and improved joining techniques are helping enhance the performance of plastic pipes and its adoption across several end-use sectors. Faced with rising energy and material costs, pipeline projects are increasingly turning to large diameter plastic pipes to improve operational efficiency and cost-effectiveness. The coming years are forecast to witness strong demand for high strength, light-weight large diameter plastic pipes in applications areas where exposure to extreme environmental conditions make conventional pipe materials unsuitable for use.

As stated by the new market research report on Large Diameter Plastic Pipes, Europe represents the largest market worldwide. Asia-Pacific, driven by the need to develop infrastructure for potable water, drain and wastewater treatment, ranks as the fastest growing market. Led by investments for pipeline infrastructure in countries such as China and India, the region is expected to provide ample opportunities for growth. Demand in North America is predominantly attributed to rising preference for plastic pipes in gas distribution as well as the growing need for pipeline rehabilitation. The obligatory need to comply with stringent potable water quality standards is expected to boost demand for large diameter plastic pipes in water transmission projects due to their ability to retain water quality through long distances and duration. Growth in the region is also being driven by resurgence in public, commercial and residential construction activities.

HDPE pipes represents the largest product market segment in the global large diameter plastic pipes market. The market is also the fastest growing segment owing to the material’s perceived benefits over other plastics, near zero exfiltration and infiltration properties, and leak-proof performance, among others. Given the superior endurance properties of HDPE pipes, applications in niche areas such as marine and mining pipelines are poised to expand in the coming years. Driven by PVC’s ability to maintain the quality of potable water without altering the taste or odor, large diameter PVC pipes are the most preferred in potable water transmission projects. PVC’s demonstrated resistance to external pressure and near zero maintenance requirements is also a factor promoting its demand.

Major players covered in the report include Advanced Drainage Systems Inc., Amanco, Performance Pipe, Egeplast A. S, Finolex Industries Ltd., Future Pipe Industries, IPEX Inc., JM Eagle Company Inc., Uponor Infra Ltd., National Pipe and Plastics Inc., North American Pipe Corporation, Pipelife International GmbH, Plastika AS, Polypipe Plc, Royal Building Products, and Wavin N.V. among others.

The research report titled “Large Diameter Plastic Pipes: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, challenges, mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Middle East & Africa, Latin America and Rest of World. Global and regional markets are analyzed in tons by product segments, such as, High density polyethylene [HDPE] and Polyvinylchloride (PVC) large diameter plastic pipes.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Large_Diameter_Plastic_Pipes_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.

Telephone: 408-528-9966

Fax: 408-528-9977

Email: press(at)StrategyR(dot)com

Web Site: http://www.StrategyR.com/

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