Latest Report on Water and Wastewater Pipe Industry Analysis to 2018

Topics: Infrastructure, Plumbing, Piping Pages: 4 (659 words) Published: May 28, 2014
The Report “Water & Wastewater Pipe to 2018″ by Freedonia Group is now available at Contact with “Infection Water & Wastewater Pipe to 2018″ in subject line and your contact details to purchase this report or get your questions answered.

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US demand to grow more than 7% yearly through 2018

Water and wastewater pipe demand in the US will grow more than seven percent per year to $17.8 billion in 2018. Gains will rebound from declines experienced during the 2008-2013 period, in which pipe markets were negatively impacted by declines in construction spending. Strong increases in construction activity will fuel gains through 2018 in building construction applications. The continued need to upgrade and repair the country’s aging sewer and water pipe network will spur gains in the municipal market.

Favorable housing, plumbing trends to boost water pipe demand

New housing construction declined precipitously from 2006 through 2009 and nonresidential building activity contracted at double-digit rates for three years beginning in 2009, severely constraining demand for water pipe. Strong recovery is expected in the housing market, which will spur construction spending and fuel pipe demand. Also boosting water pipe demand will be a rebound in the size and number of bathrooms per new housing unit to levels common in the middle of the last decade. During the economic downturn in housing construction, many builders installed fewer bathrooms in the new houses that were completed, further restraining pipe demand. Greater consumer focus on larger kitchens and bathrooms will also create opportunities. For example, new homes increasingly feature multiple sinks for specific end uses.

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