TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION ix
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Environment 4
Construction Outlook 7
Building Construction 9
Residential Construction 10
Housing Starts 13
Nonresidential Construction 16
Nonbuilding Construction 19
Petroleum & Natural Gas Industry Outlook 21
Pipe Industry Overview 23
Market Trends 24
Pricing Factors 26
Regulatory & Other Considerations 29
Recycling 31
International Trade 32
III. MARKETS 34
General 34
Storm Sewers 36
Storm Sewer Construction Outlook 36
Pipe Demand by Material 39
Drainage & Irrigation 42
Public Highway Spending 43
Drainage Pipe 45
Agricultural Outlook 47
Irrigation Pipe 49
Water Distribution 51
Water Withdrawal 51
Pipe Demand by Material 53
Sanitary Sewers 56
Sanitary Sewer Outlook 57
Pipe Demand by Material 57
Natural Gas 58
Natural Gas Industry Outlook 59
Pipe Demand by Material 61
Petroleum 64
Petroleum Industry Outlook 64
Pipe Demand by Material 66
Process Industries 68
Process Industry Outlook 69
Pipe Demand by Material 72
IV. MATERIALS 75
General 75
Pipe Demand in Feet 77
Pipe Demand in Pounds 79
Concrete Pipe 81
Storm Sewers 83
Drainage & Irrigation 85
Water Distribution 86
Sanitary Sewers 88
Producers 89
Plastic Pipe 91
High Density Polyethylene 94
Markets 96
Producers 98
Polyvinyl Chloride 99
Markets 101
Producers 102
Reinforced Thermosets 104
Markets 106
Producers 108
Steel Pipe 109
Markets 111
Producers 113
Cast Iron Pipe 115
Markets 117
Producers 118
Clay Pipe 119
Markets 120
Producers 121
V. INDUSTRY STRUCTURE 122
General 122
Market Share 124
Hanson Pipe & Precast 125
Rinker Materials 125
Advanced Drainage Systems 125
J-M Manufacturing 126
McWane 126
Other Producers 127
Mergers & Acquisitions 127
Manufacturing Requirements 131
Marketing Strategies 132
Channels of Distribution 134
Research & Development 135
Competitive Strategies 137
Cooperative Agreements 138
Company Profiles 140
AB&I Foundry 141
Advanced Drainage Systems Incorporated 142
Aliaxis SA 146
American Cast Iron Pipe Company 149
Ameron International Corporation 151
Amitech USA LLC, see Saudi Arabian Amiantit Group
AMSTED Industries Incorporated 155
Anaco Incorporated, see McWane Incorporated
Atlantic States Cast Iron Pipe Company, see McWane
Belco Incorporated, see Denali Incorporated
Camrose Pipe Company, see Oregon Steel Mills
Can-Clay Corporation 157
Carder Concrete Products Company, see Rinker Group
CertainTeed Corporation, see Saint-Gobain
Charlotte Pipe & Foundry Company 158
Chevron Phillips Chemical Company LLC 159
Clow Water Systems Company, see McWane
Conley Corporation 162
CONTECH Construction Products Incorporated 163
Cretex Companies Incorporated 165
Denali Incorporated 167
Detrex Corporation 169
Diamond Plastics Corporation, see Mitsubishi Corporation
Earth Core Pipe Systems, see WL Plastics Corporation
Fiber Glass Systems LP, see National Oilwell Varco
Fiore Concrete Products Incorporated, see Hanson plc
Formosa Plastics Group 170
Freedom Plastics Incorporated 173
Hancor Holdings LLC 174
Hancor Incorporated, see Advanced Drainage Systems
Hanson plc 175
Harvel Plastics Incorporated, see Detrex Corporation
Harrington Industrial Plastics LLC, see Aliaxis SA
IPEX Incorporated, see Aliaxis SA
IPSCO Incorporated 179
J-M Manufacturing Company Incorporated, see Formosa
Plastics Group
Jindal Saw Limited 181
Lamson & Sessions Company 182
Lane Enterprises Incorporated 183
Logan Clay Products Company 185
MCP Industries Incorporated 186
McWane Incorporated 187
Mission Clay Products Corporation, see MCP Industries
Mitsubishi Corporation 189
National Oilwell Varco Incorporated 191
National Pipe & Plastics Incorporated 193
North American Pipe Corporation, see Westlake Chemical
Northwest Pipe Company 194
Oregon Steel Mills Incorporated 195
Pacific Corrugated Pipe Company 197
Pacific States Cast Iron Pipe Company, see McWane
Plastic Tubing Industries Incorporated 198
PolyPipe Incorporated 199
Price Brothers Company 201
PW Eagle Incorporated 202
REHAU AG & Company 204
Rinker Group Limited 205
Saint-Gobain 208
Saudi Arabian Amiantit Group 210
SAW Pipes USA Incorporated, see Jindal SAW Limited
Sherman Pipe, see Hanson plc
Synalloy Corporation 212
Tyler Pipe Company, see McWane Incorporated
United States Pipe and Foundry Company Incorporated,
see Walter Industries Incorporated
United States Steel Corporation 213
Vianini Pipe Incorporated 214
Walter Industries Incorporated 216
Westlake Chemical Corporation 218
WL Plastics Corporation 219
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators 7
2 Construction Expenditures 8
3 Building Construction Expenditures 10
4 Residential Building Construction Expenditures 13
5 Housing Starts by Type 16
6 Nonresidential Building Construction Expenditures 18
7 Nonbuilding Construction Expenditures 21
8 Petroleum & Natural Gas Production 22
9 Pipe Industry Overview 24
10 Large Diameter Pipe Market, 1995-2005 25
11 Comparative Large Diameter Pipe Costs, 2005 28
SECTION III -- MARKETS
1 Large Diameter Pipe Demand by Market 35
2 Sewer Construction Expenditures 38
3 Large Diameter Storm Sewer Pipe Demand by Material 41
4 Large Diameter Drainage & Irrigation Pipe Demand
by Application 43
5 Public Highway Spending 44
6 Large Diameter Drainage Pipe Demand by Material 46
7 Agricultural Indicators 48
8 Large Diameter Irrigation Pipe Demand by Material 50
9 Water Withdrawal 53
10 Large Diameter Water Distribution Pipe Demand by Material 55
11 Large Diameter Sanitary Sewer Pipe Demand by Material 58
12 Natural Gas Production 61
13 Large Diameter Natural Gas Pipe Demand by Material 63
14 Crude Petroleum Production 66
15 Large Diameter Petroleum Pipe Demand by Material 68
16 Process Manufacturers Shipments 72
17 Large Diameter Process Pipe Demand by Material 74
SECTION IV -- MATERIALS
1 Large Diameter Pipe Demand by Linear Footage 79
2 Large Diameter Pipe Demand by Weight 80
3 Large Diameter Concrete Pipe Demand by Market in Feet 82
4 Large Diameter Concrete Storm Sewer Pipe Demand by Size 84
5 Large Diameter Concrete Drainage & Irrigation Pipe Demand
by Size 86
6 Large Diameter Concrete Water Distribution Pipe Demand 88
7 Large Diameter Concrete Sanitary Sewer Pipe Demand by Size 89
8 Large Diameter Plastic Pipe Demand by Resin in Feet 93
9 Large Diameter High Density Polyethylene Pipe Demand
by Market 95
10 Large Diameter Polyvinyl Chloride Pipe Demand by Market 100
11 Large Diameter Reinforced Thermoset Pipe Demand by Market 106
12 Large Diameter Steel Pipe Demand by Market 110
13 Large Diameter Cast Iron Pipe Demand by Market 117
14 Large Diameter Clay Pipe Demand by Market 120
SECTION V -- INDUSTRY STRUCTURE
1 US Large Diameter Pipe Sales by Company, 2005 123
2 Selected Acquisitions & Divestitures 130
3 Selected Cooperative Agreements 139
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 Large Diameter Pipe Market, 1995-2005 26
SECTION III -- MARKETS
1 Large Diameter Pipe Demand by Market, 2005 36
2 Large Diameter Storm Sewer Pipe Demand by Material, 2005 41
3 Large Diameter Drainage Pipe Demand by Material, 2005 47
4 Large Diameter Irrigation Pipe Demand by Material, 2005 50
5 Large Diameter Water Distribution Pipe Demand by
Material, 2005 56
SECTION IV -- MATERIALS
1 Pipe Demand by Material, 2005 76
2 Large Diameter Concrete Pipe Demand by Market, 2005 83
3 Large Diameter Plastic Pipe Demand by Resin in Feet, 2005 93
4 Large Diameter High Density Polyethylene Pipe Demand
by Market, 2005 96
5 Large Diameter Polyvinyl Chloride Pipe Demand by
Market, 2005 101
6 Large Diameter Steel Pipe Demand by Market, 2005 111
SECTION V -- INDUSTRY STRUCTURE
1 US Large Diameter Pipe Market Share, 2005 124