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J

anuary

2009

www.read-tpt.com

16

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

Email

:

pr@freedoniagroup.com

Website

:

www.freedoniagroup.com

gas 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