Freedonia In The News
Article Title: Global pipe market to grow 5.8% to 2015
Publication: Plastics & Rubber Weekly, 6/6/2011
Freedonia Study: World Plastic Pipe (2748)
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The global market for pipes will grow 5.8% per year, equivalent to 31.5bn metres, according to research group Freedonia.
The greatest demand will come from the Asia Pacific region, which will account for two-thirds of demand over 2010-15 period. The market in this region will grow 6.1%.
“Several major Asian countries are forecast to record rapid growth, including India, China and Indonesia,” says Freedonia. “China alone will account for 40% of global plastic pipe demand generated.”
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