US Plastic & Competitive Pipe Market

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Oct 30, 2012, 01:41 ET

NEW YORK, Oct. 30, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

US Plastic & Competitive Pipe Market
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Pipe value demand to rise 6.2% yearly through 2016

US demand for pipe is expected to grow 6.2 percent per year to $50.1 billion in 2016. Sales of pipe will benefit primarily from a rebound in building construction. In addition, the expansion of oil and gas exploration and transmission activity, an improved outlook for state and municipal infrastructure spending, and the continued need to replace and repair the country's aging water pipe networks will contribute to growth. In volume terms, pipe demand is forecast to rise at a 6.3 percent annual rate through 2016 to 83 billion pounds, totaling more than 12 billion feet.

Plastic continues to take market share

Plastic pipe will experience the fastest growth through 2016. Resin improvements that enhance pipe performance will enable plastic pipe to continue to take market share from other pipe materials in demanding applications. Additionally, processing improvements will allow plastic pipe to be a more cost effective option compared to other materials. Polyvinyl chloride (PVC), which accounted for approximately one-half of all plastic pipe demand in 2011, will remain the leading plastic resin. Going forward, PVC is expected to take advantage of the recovery in building construction and increase at nearly a double digit rate. High density polyethylene (HDPE) pipe was the second leading plastic pipe in 2011. Advances in HDPE pipe will result from the material continuing to supplant concrete, PVC, and steel pipe in drainage, storm sewer, and water distribution applications.

Oil & gas activity to benefit steel

Steel pipe will continue to be the leading pipe material in value terms; however, it will trail other materials in terms of volume and length. Steel will record below average growth, as steel is limited by market maturity and increasingly intense competition from plastic pipe. However, steel is expected to benefit from activity in the oil and gas market -- especially in shale gas plays. Other materials that are forecast to record above average growth include concrete, copper, and ductile iron pipe. Concrete and ductile iron pipe maintain a commanding share of the large diameter sewer, drainage and water transmission market, while copper is the primary material used in refrigeration equipment.

Oil & natural gas market is leader in value terms

During the 2001-2011 period, rising crude oil and natural gas prices fueled robust gains in demand for pipe used in drilling and transmission applications. As a result, the oil and natural gas market surpassed sewer, drainage, and potable water pipe to become the leading outlet for pipe in value terms. However, the drain, waste, and vent; potable water; and conduit markets will experience the fastest growth through 2016. These three markets are closely tied to building construction activity, and the rebound in construction expenditures will spur pipe demand. Below average growth is expected from the industrial processing, irrigation, and other markets, which are associated with the slower growing manufacturing and agricultural sectors.

Study coverage

Details on these and other findings are contained in this report, which presents historical demand data (2001, 2006, 2011) plus forecasts for 2016 and 2021 by market, material, and resin. The study also considers market environment factors, evaluates company market share, and profiles 51 US industry competitors.

TABLE OF CONTENTS

INTRODUCTION XI

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4
Macroeconomic Outlook 5
Demographic Trends 8
Building Construction Outlook 12
Residential Building Construction 15
Nonresidential Building Construction 17
Nonbuilding Construction Outlook 20
Water & Sewer Spending 22
Highway Spending 24
Water Use & Withdrawal Outlook 27
Oil & Gas Industry Outlook 29
Manufacturing Outlook 32
Agricultural Overview 36
Refrigeration Equipment Outlook 39
Plastic Resin Outlook 41
Pricing Factors 44
Regulatory Considerations 47
Water Regulation 47
Government Spending 49
Oil & Gas Regulation 49
Recycling 52
World Plastic Pipe Demand 53

III. PIPE MARKETS 56

General 56
Oil & Natural Gas Pipe 58
Natural Gas Pipe 62
Crude Oil Pipe 64
Plastic Oil & Gas Pipe Demand by Resin 66
Sewer & Drainage 68
Sewer Pipe 71
Drainage Pipe 74
Plastic Sewer & Drainage Pipe by Resin 76
Potable Water 78
Water Distribution Pipe 82
Water Transmission Pipe 84
Other Potable Water Pipe 87
Plastic Potable Water Pipe by Resin 89
Industrial Processing Pipe 90
Uses 92
Materials 93
Plastic Industrial Processing Pipe by Resin 94
Conduit 96
Communications Duct 98
Electrical & Other Conduit 100
Plastic Conduit by Resin 103
Drain, Waste, & Vent 105
Materials 106
Plastic DWV Pipe by Resin 107
Irrigation 108
Materials 110
Plastic Irrigation Pipe by Resin 111
Structural, Mechanical, & Other 112
Refrigeration & Related 115
Other 116
Plastic Structural, Mechanical, & Other Pipe by Resin 117

IV. PIPE MATERIALS 119

General 119
Pipe Demand by Value 120
Pipe Demand by Weight 123
Pipe Demand by Length 125
Steel Pipe 127
Markets 129
Oil & Gas 131
Other 134
Producers 136
Plastic Pipe 137
Markets 138
Producers 142
Copper Pipe 143
Markets 144
Producers 147
Concrete Pipe 147
Markets 149
Producers 152
Ductile Iron 153
Markets 154
Producers 156
Aluminum Pipe 157
Markets 158
Producers 160
Clay Pipe 161
Markets 162
Producers 163

V. PLASTIC PIPE RESINS 165

General 165
Plastic Pipe Resin Demand 168
Polyvinyl Chloride Pipe 169
Characteristics & Technologies 170
Markets 172
Producers 175
High Density Polyethylene Pipe 175
Markets 177
Producers 181
Fiberglass Pipe 182
Markets 184
Producers 186
Acrylonitrile-Butadiene-Styrene Pipe 187
Chlorinated Polyvinyl Chloride Pipe 189
Other Plastic Pipe 192

VI. INDUSTRY STRUCTURE 197

General 197
Plastic Pipe Market Share 199
Mergers & Acquisitions 202
Marketing Strategies 206
Channels of Distribution 207
Research & Development 208
Cooperative Agreements 209
Company Profiles 213
A-D Technologies, see Dura-Line
Advanced Drainage Systems Incorporated 214
Alcoa Incorporated 217
American Cast Iron Pipe Company 219
Ameron International, see National Oilwell Varco
AMSTED Industries Incorporated 221
Atlas Tube ULC, see JMC Steel Group
Belco Manufacturing, see Denali
Berkshire Hathaway Incorporated 223
Bristol Metals, see Synalloy
Bull Moose Tube, see Caparo
Cambridge-Lee Industries Incorporated 225
Can-Clay Corporation 226
Caparo plc 228
CEMEX SAB de CV 231
Cerro Flow Products, see Berkshire Hathaway
Charlotte Pipe & Foundry Company 233
Chevron Phillips Chemical Company LLC 235
CONTECH Engineered Solutions LLC 237
Cretex Companies Incorporated 240
Denali Incorporated 242
Diamond Plastics, see Mitsubishi
Duininck Companies LLC 244
Dura-Line Holdings Incorporated 246
Ershigs, see Denali
EVRAZ plc 248
Fabricated Plastic, see Denali
Fast Fabricators, see Mueller Water Products
Foster (LB) Company 250
Frederick Precast Concrete, see Advanced
Drainage Systems
Genova Products Incorporated 253
Global Brass and Copper Holdings Incorporated 255
Griffin Pipe Products, see AMSTED Industries
Hancor, see Advanced Drainage Systems
Hanson Pipe & Precast, see HeidelburgCement
HeidelbergCement AG 257
HOBAS Engineering GmbH 259
J-M Manufacturing Company Incorporated 260
JMC Steel Group 263
JSW Steel Limited 265
Lane Enterprises Incorporated 266
Logan Clay Products Company 268
Marmon Holdings, see Berkshire Hathaway
MCP Industries Incorporated 269
McWane Incorporated 270
Mission Clay Products, see MCP Industries
Mitsubishi Corporation 273
Mueller Industries Incorporated 275
Mueller Water Products Incorporated 277
National Oilwell Varco Incorporated 279
National Pipe & Plastics Incorporated 282
NKT Flexibles I/S, see National Oilwell Varco
North American Pipe, see Westlake Chemical
Northwest Pipe Company 283
OAO TMK 285
Olin Brass Fineweld Tube, see Global Brass and Copper
Pacific Corrugated Pipe Company 287
Pipelife Jet Stream, see Solvay
Pipeline Plastics LLC 289
Penn Aluminum International, see Berkshire Hathaway
Prime Conduit, see Mitsubishi
Prinsco, see Duininck Companies
REHAU AG & Company 290
Rinker Materials, see CEMEX
Saint-Gobain 292
Solvay SA 294
Synalloy Corporation 295
Tenaris SA 297
Timken Company 299
TMK IPSCO, see OAO TMK
Tyco International Limited 301
United States Steel Corporation 303
US Pipe, see Mueller Water Products
Uponor Corporation 305
Viega GmbH & Company KG 307
Westlake Chemical Corporation 309
Wheatland Tube, see JMC Steel Group
Wolverine Tube Incorporated 311
Additional Companies Mentioned in the Study 313

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

Summary Table 3

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Indicators 8
2 Population & Households 12
3 Building Construction Expenditures 15
4 Residential Building Construction Expenditures 17
5 Nonresidential Building Construction Expenditures 20
6 Nonbuilding Construction Expenditures 21
7 Water & Sewer Construction Expenditures 24
8 Highway Spending 27
9 Water Use & Withdrawal 29
10 Oil & Gas Production 32
11 Manufacturers' Shipments 35
12 Agricultural Outlook 39
13 Refrigeration Equipment Shipments 41
14 Plastic Resin Supply & Demand 44
15 Pipe Pricing Trends 46

SECTION III -- PIPE MARKETS

1 Pipe Demand by Market 57
2 Oil & Gas Pipe Demand by Material & Market Segment 61
3 Natural Gas Pipe Demand by Material 64
4 Crude Oil Pipe Demand by Material 66
5 Plastic Oil & Gas Pipe Demand by Resin 68
6 Sewer & Drainage Demand by Material & Market Segment 70
7 Sewer Pipe Demand by Material 74
8 Drainage Pipe Demand by Material 76
9 Plastic Sewer & Drainage Pipe Demand by Resin 78
10 Potable Water Pipe Demand by Material & Market Segment 81
11 Water Distribution Pipe Demand by Material 84
12 Water Transmission Pipe Demand by Material 87
13 Other Potable Water Pipe Demand by Material 88
14 Plastic Potable Water Pipe Demand by Resin 90
15 Industrial Processing Pipe Demand by Material 92
16 Plastic Industrial Processing Pipe Demand by Resin 96
17 Conduit Demand by Material & Market Segment 98
18 Communications Duct Demand 100
19 Electrical & Other Conduit Demand by Material 103
20 Plastic Conduit Demand by Resin 105
21 Drain, Waste, & Vent Pipe Demand by Material 107
22 Plastic Drain, Waste, & Vent Pipe Demand by Resin 108
23 Irrigation Pipe Demand by Material 111
24 Plastic Irrigation Pipe Demand by Resin 112
25 Structural, Mechanical, & Other Pipe Demand
by Application & Material 114
26 Plastic Structural, Mechanical, & Other Pipe Demand
by Resin 118

SECTION IV -- PIPE MATERIALS

1 Pipe Demand by Material in Dollars 122
2 Pipe Demand by Material in Pounds 124
3 Pipe Demand by Material in Feet 126
4 Steel Pipe Demand 128
5 Steel Pipe Demand by Market 130
6 Steel Oil & Gas Pipe Demand by Type & Market Segment 134
7 Plastic Pipe Demand 138
8 Plastic Pipe Demand by Market 141
9 Copper Pipe Demand 144
10 Copper Pipe Demand by Market 146
11 Concrete Pipe Demand 149
12 Concrete Pipe Demand by Market 151
13 Ductile Iron Pipe Demand 154
14 Ductile Iron Pipe Demand by Market 155
15 Aluminum Pipe Demand 158
16 Aluminum Pipe Demand by Market 160
17 Clay Pipe Demand 162
18 Clay Pipe Demand by Market 163

SECTION V -- PLASTIC PIPE RESINS

1 Plastic Pipe Demand by Resin 167
2 Plastic Pipe Resin Demand 169
3 Polyvinyl Chloride Pipe Demand 170
4 Polyvinyl Chloride Pipe Demand by Market 174
5 High Density Polyethylene Pipe Demand 177
6 High Density Polyethylene Pipe Demand by Market 180
7 Fiberglass Pipe Demand 184
8 Fiberglass Pipe Demand by Market 186
9 Acrylonitrile-Butadiene-Styrene Pipe Demand by Market 189
10 Chlorinated Polyvinyl Chloride Pipe Demand by Market 192
11 Other Plastic Pipe Demand by Resin & Market 196

SECTION VI -- INDUSTRY STRUCTURE

1 Selected US Pipe Sales by Company, 2011 198
2 Selected Acquisitions & Divestitures 205
3 Selected Cooperative Agreements 211

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT
1 World Plastic Pipe Demand, 2011 55
SECTION III -- PIPE MARKETS
1 Pipe Demand by Market, 2011 58
SECTION IV -- PIPE MATERIALS
1 Average Pipe Weight Versus Length, 2011 120
2 Pipe Demand by Material in Dollars, 2011 123
3 Pipe Demand by Material in Pounds, 2011 125
4 Pipe Demand by Material in Feet, 2011 127
5 Steel Pipe Demand by Market, 2011 131
6 Plastic Pipe Demand by Market, 2011 142
7 Copper Pipe Demand by Market, 2011 146
8 Concrete Pipe Demand by Market, 2011 151
9 Ductile Iron Pipe Demand by Market, 2011 156
SECTION V -- PLASTIC PIPE RESINS
1 Plastic Pipe Demand by Resin, 2011 168
2 Polyvinyl Chloride Pipe Demand by Market, 2011 174
3 High Density Polyethylene Pipe Demand by Market, 2011 181
SECTION VI -- INDUSTRY STRUCTURE
1 US Plastic Pipe Market Share, 2011 199