TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION viii
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Overview 4
Construction Outlook 9
Building Construction 12
Residential Building 14
Nonresidential Building 17
Office & Commercial 19
Institutional 20
Industrial 21
Transportation & Other Building 21
Housing Stock 22
Nonbuilding Construction 25
Petroleum & Natural Gas Industry Outlook 27
Pipe Industry Overview 29
Market Trends 30
Pricing Factors 33
Regulatory & Other Considerations 36
Recycling 38
Foreign Trade 39
International Activity 40
III. MARKETS 41
General 41
Storm Sewers 43
Sewer Construction Outlook 43
Pipe Demand by Material 45
Water Distribution 49
Water Withdrawal 50
Pipe Demand by Material 52
Drainage & Irrigation 55
Public Highway Spending 56
Drainage Pipe 58
Agricultural Outlook 61
Irrigation Pipe 63
Sanitary Sewers 66
Natural Gas 68
Natural Gas Industry Outlook 69
Pipe Demand by Material 71
Process Industries 74
Process Industry Outlook 75
Pipe Demand by Material 77
Petroleum 79
Petroleum Industry Outlook 79
Pipe Demand by Material 81
IV. MATERIALS 85
General 85
Pipe Demand in Feet 87
Pipe Demand in Pounds 89
Concrete Pipe 91
Storm Sewers 93
Drainage & Irrigation 95
Water Distribution 97
Sanitary Sewers 99
Producers 101
Plastic Pipe 104
High Density Polyethylene 107
Markets 110
Producers 112
Polyvinyl Chloride 115
Markets 117
Producers 117
Reinforced Thermosets 121
Markets 123
Producers 125
Steel Pipe 127
Markets 129
Producers 131
Cast Iron Pipe 134
Markets 136
Producers 137
Clay Pipe 138
Markets 139
Producers 140
V. INDUSTRY STRUCTURE 141
General 141
Market Share 143
Hanson Pipe & Precast 144
JM Eagle 144
Rinker Materials 145
Advanced Drainage Systems 145
Other Producers 145
Mergers & Acquisitions 146
Manufacturing Requirements 151
Marketing Strategies 152
Channels of Distribution 154
Research & Development 155
Competitive Strategies 156
Cooperative Agreements 158
Company Profiles 160
Advanced Drainage Systems Incorporated 161
American Cast Iron Pipe Company 162
Ameron International Corporation 164
AMSTED Industries Incorporated 167
Belco Manufacturing, see Denali Incorporated
Bristol Metals LLC, see Synalloy Corporation
Can-Clay Corporation 168
CEMEX SAB de CV 170
Charlotte Pipe & Foundry Company 171
Chevron Phillips Chemical Company LLC 172
Conley Corporation 174
CONTECH Construction Products Incorporated 176
Cretex Companies Incorporated 178
Denali Incorporated 179
Detrex Corporation 181
Diamond Plastics Corporation 182
Ershigs Incorporated, see Denali Incorporated
Evraz Holding 183
Fabricated Plastics Limited,
see Denali Incorporated
Freedom Plastics Incorporated 184
Future Pipe Industries LLC 186
Hancor Incorporated,
see Advanced Drainage Systems
Hanson plc, see HeidelbergCement AG
Harvel Plastics Incorporated,
see Detrex Corporation
HeidelbergCement AG 188
IPSCO Incorporated, see SSAB Svenskt Stal AB
J-M Manufacturing Company Incorporated 191
KWH Group Limited 194
Lamson & Sessions Company, see Thomas & Betts
Lane Enterprises Incorporated 195
Logan Clay Products Company 197
MCP Industries Incorporated 198
McWane Incorporated 199
Mueller Water Products Incorporated 201
National Oilwell Varco Incorporated 203
National Pipe & Plastics Incorporated 205
North American Pipe Corporation,
see Westlake Chemical
Northwest Pipe Company 206
Oregon Steel Mills Incorporated,
see Evraz Holding
Pacific States Cast Iron Pipe Company,
see McWane
PolyPipe Incorporated 207
Price Brothers Company,
see HeidelbergCement AG
PW Eagle Incorporated,
see J-M Manufacturing Company
Rinker Group Limited, see CEMEX SAB de CV
Saint-Gobain 209
SSAB Svenskt Stal AB 210
Synalloy Corporation 211
Thomas & Betts Corporation 213
United States Steel Corporation 214
Vianini Pipe Incorporated 215
Walter Industries Incorporated 217
Westlake Chemical Corporation 218
WL Plastics Corporation 219
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 Macroeconomic Indicators 9
2 Construction Expenditures 11
3 Building Construction Expenditures 14
4 Residential Building Construction Expenditures 17
5 Nonresidential Building Construction Expenditures 19
6 Housing Stock by Type 25
7 Nonbuilding Construction Expenditures 27
8 Petroleum & Natural Gas Production 29
9 Pipe Industry Overview 30
10 Large Diameter Pipe Market, 1997-2007 32
11 Comparative Large Diameter Pipe Costs, 2007 35
SECTION III -- MARKETS
1 Large Diameter Pipe Demand by Market 42
2 Sewer Construction Expenditures 45
3 Large Diameter Storm Sewer Pipe Demand by Material 48
4 Water Withdrawal 52
5 Large Diameter Water Distribution Pipe
Demand by Material 54
6 Large Diameter Drainage & Irrigation Pipe Demand
by Application 56
7 Public Highway Spending 58
8 Large Diameter Drainage Pipe Demand by Material 60
9 Agricultural Indicators 63
10 Large Diameter Irrigation Pipe Demand by Material 65
11 Large Diameter Sanitary Sewer Pipe
Demand by Material 68
12 Natural Gas Production 71
13 Large Diameter Natural Gas Pipe Demand by Material 74
14 Process Manufacturers' Shipments 76
15 Large Diameter Process Pipe Demand by Material 78
16 Petroleum Industry Indicators 81
17 Large Diameter Petroleum Pipe Demand by Material 84
SECTION IV -- MATERIALS
1 Large Diameter Pipe Demand by Linear Footage 89
2 Large Diameter Pipe Demand by Weight 90
3 Large Diameter Concrete Pipe
Demand by Market in Feet 92
4 Large Diameter Concrete Storm Sewer Pipe
Demand by Size 95
5 Large Diameter Concrete Drainage & Irrigation Pipe
Demand by Size 97
6 Large Diameter Concrete Water Distribution Pipe
Demand 99
7 Large Diameter Concrete Sanitary Sewer Pipe
Demand by Size 101
8 Large Diameter Plastic Pipe
Demand by Resin in Feet 106
9 Large Diameter High Density Polyethylene Pipe
Demand by Market 109
10 Large Diameter Polyvinyl Chloride Pipe
Demand by Market 116
11 Large Diameter Reinforced Thermoset Pipe
Demand by Market 123
12 Large Diameter Steel Pipe Demand by Market 128
13 Large Diameter Cast Iron Pipe Demand by Market 136
14 Large Diameter Clay Pipe Demand by Market 139
SECTION V -- INDUSTRY STRUCTURE
1 US Large Diameter Pipe Sales by Company, 2007 142
2 Selected Acquisitions & Divestitures 149
3 Selected Cooperative Agreements 159
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 Large Diameter Pipe Market, 1997-2007 32
SECTION III -- MARKETS
1 Large Diameter Pipe Demand by Market, 2007 42
2 Large Diameter Storm Sewer Pipe
Demand by Material, 2007 49
3 Large Diameter Water Distribution Pipe Demand by
Material, 2007 55
4 Large Diameter Drainage Pipe
Demand by Material, 2007 61
5 Large Diameter Irrigation Pipe
Demand by Material, 2007 65
SECTION IV -- MATERIALS
1 Pipe Demand by Material, 2007 86
2 Large Diameter Concrete Pipe
Demand by Market, 2007 93
3 Large Diameter Plastic Pipe
Demand by Resin in Feet, 2007 107
4 Large Diameter High Density Polyethylene Pipe
Demand by Market, 2007 110
5 Large Diameter Polyvinyl Chloride Pipe Demand by
Market, 2007 116
6 Large Diameter Steel Pipe Demand by Market, 2007 129
SECTION V -- INDUSTRY STRUCTURE
1 US Large Diameter Pipe Market Share, 2007 143