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Plastic growing faster than other material |
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Release time:2013-02-28 Source:admin Reads: | |
According to a new market study, the America demand for pipe is expected to grow 6.2 percent per year to $50.1 billion in 2016, with plastic growing faster than other materials. The growth will be driven by rebound in building construction expansion of oil and gas exploration and the need to replace aging water pipe networks. With the growing of plastic pipes, the demand of plastic material will exceed the supply, which will lead plastic material market would have a hugely fluctuating. And it would also affect other industry such as pvc labels makers, building construction and plastic used in medicals, etc..
On the basic of the report, “Plastic & Competitive Pipe,” by Cleveland-based Freedonia Group Inc. And it indicates that plastic growth will be driven by resin improvements that enhance pipe performance.
PVC, which accounted for more than one-half of all plastic pipe demand in 2011, will remain the leading plastic resin, and in fact will grow at a nearly double-digit rate. The study is just for PVC use in pipes which don’t include PVC used in other industrial, for example, plastic mould injection industry of plastic seal tags, pvc labels, plastic medical instruments…. As plastic is widely used in production lines, medical, building construction, the growth of plastic is inevitable. High density polyethylene will take market share from concrete, PVC, and steel pipe in drainage, storm sewer, and potable water applications. Steel pipe will remain the leading material in value terms, accounting for $28.5 billion in 2016.
With the wide application of plastic, scientist try to develop much more kinds plastic material. And now there are more than 60 kinds which are commonly used in every industry. Generally ABS (Acrylonitrile-Butadiene-Styrene Copolymers), PVC (Polyvinyl Chloride), PP (Polypropylene), PE (Polyethylene), EPS (Expansible Polystyrene), PA (Polyamide), PU (Polyurethanes) are commonly used in our daily life. You can find that pvc can be used to make pipes, pvc labels. ABS can be used to make seal tags, while PP can be used to make bottle caps. |