Double digit growth expected in global plastic pipe market
Nov 13, 2014
Four major factors will lead to double digit growth in the global demand for plastic pipe systems over the next ten years. Speaking at the recent Plastic Pipes XVII conference and exhibition in Chicago, Stephen Boros the chairman of the event’s organizing committee identified these developments that are changing the world outlook for his industry.
"The development of the shale oil and gas industry, regional market expansion, innovation and awareness in the field of Life Cycle Assessment are now favorably influencing the scale and scope of the industry’s future," he stated.
Stephen Boros who is also VP Engineering for Pipelines Plastics, LLC explained that plastic pipe systems continue to gain market share through supplanting competing pipe materials such as copper, concrete and steel due to easy and low cost installation as well as long term performance. "In North America, these inherent advantages are now further supported by the development of the shale oil and gas industry. This development not only benefits the energy market but also represents a more secure long-term supply and cost advantage from a power costs to raw materials stand point. Technology transfer will undoubtedly propel the growth of demand for plastic pipe systems in other world markets."
Berlin to host Plastic Pipes XVIII
470 participants from 34 countries attended the Chicago conference and exhibition. Plastic Pipes XVIII will take place in Berlin at the Hotel InterContinental on 12 -14 September 2016. Zoran Davidovski, VP for marketing and innovation for the Pipelife group has been duly appointed chairmen of the organizing committee for this event. It was also announced that an associated Asian Spin off conference and exhibition will take place in Shanghai on 21 – 22 September 2015.
Twenty percent of the 120 papers delivered in Chicago originated from Asia reflecting the importance of regional expansion. "Last year, China became the world’s largest producer and consumer of plastic pipes," Boros comments. "While we can expect the US market to maintain double digit growth as recovery in the construction market picks up, we can also predict similar gains in Asia and eventually Eastern Europe."
In his welcome speech, Stephen Boros reviewed some recent innovative applications that are changing the way plastic pipe technology is viewed from an environmental perspective. These included applications in the field of horticulture, water management to mitigate flood or relieve drought, and greening the Sahara desert from within.
"The versatility of plastics and the human minds that are inspired to share their useful contribution to the planet are ceaseless," he noted. "Unlike competitive pipe industries, the world’s leading plastic pipe makers regularly invest over ten percent on research and development. By 2024, we estimate that our industry and the many industries that support our industry will embrace a global sales turnover of USD 500 billion."
One landmark paper delivered by The European Plastic Pipes and Fittings Association (TEPPFA) exemplified the sustainable nature of plastic pipe systems. Numerous independent Life Cycle Assessment (LCA) studies have been commissioned by TEPPFA to provide incontrovertible evidence of the low environmental impact of a wide range of plastic pipe applications.
"LCA assessments with competing pipe materials further confirm our sustainable credentials. By communicating these scientific results to customers and stakeholders throughout the world, we shall lend appeal and thus promote further industry growth," Boros explains.
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