Ceresana publishes 2nd edition of the most comprehensive study on the European market for plastic pipes.
The broad portfolio of products shows how versatile the plastic high-density polyethylene (HDPE) is: it ranges from food packaging, bottles, cosmetics, care products and household goods to technical parts and products for the construction sector. Ceresana-s market analysts expect worldwide revenues generated with this important type of plastic to rise dynamically to almost US$70 billion in 2019.
Growth motor Asia-Pacific
Major increases will be seen in Asia-Pacific; Ceresana expects demand in
Plastic instead of concrete: Ceresana Research expects that revenues from plastic pipes in Europe will rise to 9.7 billion Euro by 2018.
Pipes should last a long time, avoid that waste water or chemicals seep away, but at the same time be easy to handle. This is why plastic – instead of metal or concrete – is increasingly used in piping systems. “The price of raw materials, like steel or copper, does also play a crucial role,” explains Oliver Kutsch, CEO of Ceresana Research. The market research institute has scrutinized the European plastic pipe market from top to bottom.
