World Pipe Market to expand nearly 6% annually through 2015

The world pipe market is projected to expand 5.8 percent per year to 31.5 billion meters in 2015, a mild deceleration relative to the 2005-2010 period.

This slowdown can be almost entirely attributed to China, the world’s largest consumer of pipe. After increasing rapidly from 2000 to 2010, Chinese pipe demand is expected to rise at about the average worldwide rate through 2015. Advances in North America, Eastern Europe and Western Europe are expected to accelerate through 2015, as these regions recover from the global financial crisis. The Africa/Mideast region and the rest of the Asia/Pacific region will also record faster growth, as local construction firms and industrial enterprises use pipe more intensely. These and other trends are presented in World Plastic Pipe, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. (For more information please see also KWD-globalpipe No. 400.)

World Plastic Pipe (published 05/2011, 397 pages) is available for $6100 from The Freedonia Group. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail pr@freedoniagroup.com. Information may also be obtained through www.freedoniagroup.com.

contact: The Freedonia Group Inc., Cleveland, OH, USA, info@freedoniagroup.com, www.freedoniagroup.com