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J
anuary
2009
www.read-tpt.com16
I
ndustry
N
ews
›
Drainage pipe will retain the largest share
of the market, with nearly one third of total
demand in metres in 2012. Growth will be
spurred by increased spending on both
building and non-building construction and
the need to deliver runoff to existing bodies
of water.
Advances will be further stimulated
by rapid increases in infrastructural
construction because of China’s ongoing
urbanization. The continuing expansion of
infrastructural construction in rural areas
will also drive gains as the government
addresses a severe imbalance in living
conditions between the urban and rural
populations.
Concrete, which accounted for 44 per cent
of total large diameter pipe length in 2007,
will continue to be the leading material.
Sales of plastic large diameter pipe are
projected to increase at
a rate of 11.2 per
cent annually through 2012, faster than
growth for any other material.
The Freedonia Group Inc
– USA
Fax
: +1 440 646 0484
:
pr@freedoniagroup.comWebsite
:
www.freedoniagroup.comgas and petroleum
distribution, and other
uses. Construction of new residential
and nonresidential
buildings will provide
opportunities for large diameter pipe in
sewers, water distribution
and district
heating systems.
Growth in manufacturing shipments,
petroleum and gas extraction, and refining
is expected to generate demand in the
process manufacturing and petroleum and
natural gas industries.
Demand for large diameter
pipe used in sanitary sewer,
drainage, storm sewer, and
natural gas transportation
applications will see faster
growth than the industry
average. The most rapid
gains will be in the sanitary
sewer segment, boosted
by
strong
residential
construction and initiatives
to improve living conditions
in the countryside.
A recent study claims that demand for
large diameter pipe in China is expected
to increase by 9 per cent annually to 87.7
million metres in 2012, valued at 87.8
billion Yuan. The study, ‘Large diameter
pipe in China’ by the Freedonia Group Inc,
shows that gains will be
fueled by increases
in spending on physical infrastructure
construction.
The increase in construction
will support
demand for large diameter pipe in drainage,
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China’s LDP demand to exceed 87 million
metres in 2012