• Categories:Industry News
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• Time of issue:2008-12-12 00:00
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(Summary description)According to the research company of Friedonia Group in Cleveland, Ohio, the US demand for large-diameter pipes made of all kinds of materials will grow at an annual rate of 9% by 2012. The annual demand will reach 87.7 million meters, with a total value of 87.8 billion yuan. According to the Friedonia Group, plastics are expected to play an important role in China's growing large-diameter pipe market. The research company headquartered in Cleveland, Ohio, USA, expects that China's demand for large-diameter pipes made of all types of materials will grow at an annual rate of 9%. By 2012, the demand will reach 87.7 million meters, with a total value of 87.8 billion. Yuan Renminbi. From now to 2012, sales of plastic large-diameter pipes are expected to grow at an annual rate of 11%, faster than any other materials. By 2012, concrete will still be the most commonly used material. The Friedonia Group expects that the demand for large diameter pipes in applications such as sewers, drainage pipes, rainwater pipes and natural gas transportation will grow faster than the industry average. The forecast report released by the group said: Driven by the vigorous housing construction and the active improvement of rural living conditions, this type of pipeline will develop the fastest in the sewer. Drainage pipes will still occupy the largest share in this market, and will account for nearly one-third of the total demand for large diameter pipes by 2012.