Friday, November 02, 2012

US demand for pipe expected to grow 6.2% pa in 2016, plastic to see fastest growth

US demand for pipe is expected to grow 6.2% pa to US$50.1 bln in 2016. Sales of pipe will benefit primarily from a rebound in building construction. In addition, the expansion of oil and gas exploratiion and transmission activity, an improved outlook for state and municipal infrastructure spending, and the continued need to replace and repair the country's aging water pipe networks will contribute to growth.




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