The global market for plastic pipe/tubing reached nearly $56.8 billion in 2016 and should reach nearly $72.3 billion by 2021, with a compound annual growth rate (CAGR) of 5.1%.

Introduction

Study Goals and Objectives
Piping and tubing (P/T, with the term tubing used to describe small diameter pipe; it is also often flexible), and the industries that fabricate and install these materials, seemingly are rather prosaic businesses, something that most people take more or less for granted as part of civilized life. After all, pipes and tubes transport water to our houses and businesses and carry away our liquid wastes. They also transport virtually all liquid and gaseous products over short distances (such as a milk transfer line in a dairy) or long ones (such as a transcontinental petroleum products pipeline). Most individuals would not consider a water transmission or sewer line as particularly high tech.

However, the piping industry is quite sophisticated and newer materials, especially the plastics covered in this study, are especially so. Not only are new materials and technologies coming into use to compete with older ones, but P/T is used in a number of industries in which fluid transport is not involved. These include the electrical and electronics industry's use for conduits and other means of carrying conductors and other wires. Mechanical tubing is used for furniture and light poles. There is piping and tubing that merely moves the same fluid through a closed loop, for example, in refrigeration and air conditioning systems and in hot water heating systems.

Reasons for Doing This Study
Research performed this study to provide a comprehensive and updated reference for those interested and/or involved with the global plastic pipe and tubing industry and that both serves and benefits from these industries. This is a wide and varied group of personnel in the chemicals, polymer, mechanical equipment and parts companies, both for original P/T equipment manufacture (OEM) and maintenance/replacement parts. Research sorted through, organized and condensed information from a large quantity of literature and other reference materials to compile this report.

Some quite significant, but more evolutionary and revolutionary changes, have taken place in the past generation or so. These continue to take place today and probably will do so for the foreseeable future, as new materials compete for positioning in a mature market. Intermaterial competition is a way of life in a technologically advanced society, but few industries have so many different competing materials. These range from old standbys like clay and concrete to newer high-tech plastics.

Intended Audience
One can argue that piping systems have been one of the primary contributions to the development of civilization as we know it. From ancient civilizations to the present day, piping has been used to move liquids, primarily for water service and waste drainage. As a result, piping is so ingrained in our lives that we seldom think about it unless a new project cuts through our neighborhood, a water main breaks and floods local streets, or some other event reminds us of the huge piping infrastructure that exists around (and beneath) us. More and more of this infrastructure is being made of plastic materials, including pipe and tubing.

Scope of Report
This study provides in-depth coverage of many of the most important economic, technological, political, regulatory and environmental considerations involving domestic markets for the production and use of materials and equipment in the plastic pipe and tubing industries. Pipes and tubes are made from materials ranging from inorganic clays and concrete to iron and steel, and to commodity and specialty polymers. This study focuses on plastic pipe and tubing, with reference in many places to older competing materials.

Information Sources
Information sources include managers and engineers, and literature and online materials, including leading trade journals, technical papers, company literature, government information and pertinent trade associations. The information in company profiles was primarily obtained from the companies themselves, especially the larger publicly owned firms. Other sources included directories, articles and websites.

Research Methodology
Primary and secondary research sources were used in preparing this study. Estimates of current market demand are made for 2015 and are projected over the next five years from 2016 through 2021.

Projections are made in terms of constant U.S. dollars (2015), unadjusted for inflation. Growth is presented in terms of a CAGR.

For more information Kindly visit: https://www.bharatbook.com/materials-chemicals-market-research-reports-644535/plastic-pipe-global.html

Related Reports: https://www.bharatbook.com/market-research-report/industry-mfg.html?SortBy=&searchText=Plastic+Pipe&da=Y&CatID=4&FromDate=&ToDate=&FromPrice=&ToPrice=

About Bharat Book Bureau:
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports, business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.

Contact us:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email:[email protected]
Our Blog:https://www.bharatbook.com/blog/
Twitter:https://twitter.com/researchbook
Facebook:https://www.facebook.com/BharatBook3B
LinkedIn:http://www.linkedin.com/company/bharat-book-bureau