According to a new market report published by Lucintel, the future of Chinese plastic pipe market looks attractive with opportunities in the potable water supply, wastewater supply, agriculture sector, and chemical sector. The Chinese plastic pipe market is forecast to grow at a CAGR of 8.6% from 2016 to 2021. The major growth drivers for this market are infrastructure development, rise in construction activities, replacement of aging pipelines made of traditional materials, growing population, and growing urbanization rate.
Browse 26 market data tables and 62 figures spread through 145 pages and in-depth TOC on “Chinese Plastic Pipe Market” http://www.lucintel.com/chinese_plastic_pipe_market_2016.aspx
In this market, polyvinyl chloride, polyethylene, and polypropylene are the major raw materials used to manufacture plastic pipes in China. Lucintel predicts that the demand for PE (polyethylene) plastic pipes will experience the highest growth in the forecast period, supported by growing demand in the chemical sector and sewage applications. On the basis of its comprehensive research, Lucintel forecasts that the wastewater supply and potable water supply are expected to show above average growth during the forecast period.
Within the Chinese plastic pipe market, potable water supply segment is expected to remain the largest application followed by wastewater supply applications. The growths of residential and commercial construction in China are expected to spur growth for this segment over the forecast period.
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For market expansion, the report suggests new product development, where the unique characteristics of the plastic pipes can be capitalized. Emerging trends, which have a direct impact on the dynamics of the market, are the increasing consumption of multilayer plastic pipe in gas distribution and increasing use of large diameter plastic pipes with increasing trenchless technology in construction industry. CHINA LESSO Group Holdings Limited, Yonggao Co Ltd., Zhejiang Weixing New Building Materials Co Ltd., Goody Science and Technology Co Ltd., and Cangzhou Mingzhu Plastic Co Ltd. are among the major manufacturers of the Chinese plastic pipe.
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Lucintel, a leading global strategic consulting and market research firm, has analyzed the Chinese plastic pipe market by end use application and material type, and has come up with a comprehensive research report, “Growth Opportunities in Chinese Plastic Pipe Market 2016-2021: Trends, Forecast and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions.
The study includes forecast of the Chinese plastic pipe market through 2021, segmented by application and material as follows:
Chinese plastic pipe market by end use application [$ million shipments from 2010 to 2021]:
Potable Water Supply
Wastewater Supply
Electrical and Telecommunication Cable Protection Pipes
Agriculture Sector
Chemical Sector
Oil & Gas Sector
Chinese plastic pipe market by material type [volume (kilotons) and $ million shipments from 2010 to 2021]:
PVC Pipe
PE Pipe
PP Pipe
Other Pipe
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This 145-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/chinese_plastic_pipe_market_2016.aspx or helpdesk@lucintel.com.
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