Iplex
Pipelines parent company, Fletcher Building Group has acquired PlaceMakers and
Mico Plumbing supplies which will help the company in reaching out to the end
user directly.
New
Zealand plastic pipe and fitting market is in its growth stage. The market has
registered a five year CAGR of single digit from FY’2013 to FY’2018. The raw
materials used in manufacturing of plastic pipes and fittings are generally
imported in the country due to low availability in the domestic market. The
market depends largely on the infrastructure growth in the country. The market
has grown at slower pace than expected due to cheap imports of plastic pipes
from neighboring countries in New Zealand. The steps taken by government in
order to achieve economic diversification has had a positive effect on the
plastic pipe and fitting market. Infrastructure projects undertaken by the
private sector have increased in value over the last few years. Construction of
housing projects across northern and southern region has also boosted the demand.
Plastic fittings are mostly imported from neighboring countries. Water
conservation is one of the major trends that can be observed in New Zealand
which has affected the plastic pipe and fitting market a lot.
Iplex
Pipelines, Marley and RX Plastics are some of the major players in the sector.
These companies manufactures high grade of plastic pipes and fittings. The
players in unorganized market mostly manufacture PVC pipes only and have
regional presence. The products imported in the country mostly include plastic
fittings which are not manufactured on large level within the country. The
northern region accounts for the majority of the share in terms of demand due
to the presence of major cities of the countries such as Auckland, Wellington,
and Hamilton. The region has high population concentration and the region also
accounts for the majority of the migration into the country.
According
to Ken Research report titled “New
Zealand Plastic Pipe and Fitting Market Outlook to 2023 - By PVC, PE, Others
Plastic Pipes; By End User Application (Plumbing and Civil, Agriculture, Mining
and Industrial, Telecom and Electrical and Others)”, infrastructure
growth, increase in tourism and increase in plant utilization rate are the
major growth drivers in New Zealand plastic pipe and fitting market. Lack of
availability of raw materials, reasonably priced imports of fittings products,
advent of a housing bubble in some regions of the country might act as major
restraints in the growth of the market.
Key Segments Covered
By End User Application:
·
Plumbing and
Civil,
·
Agriculture
·
Mining and
Industrial
·
Telecom and
Electrical and
·
Others (Oil &
Gas, HVAC, Automotive and other related industries)
By Type of Pipes:
·
PVC (CPVC and
UPVC)
·
Polyethylene (PE)
(HDPE, MDPE, LDPE)
·
Others (Include
polypropylene pipes, ABS, Polyvinylidene fluoride (PVDF) PB etc.)
By Type of Market Structure
·
Organized Sector
·
Unorganized
Sector
Key Target Audience
·
Plastic Resin
Suppliers
·
Plastic Pipe and
Fitting Manufacturing Companies
·
Oil and Gas
Industry
·
Government Bodies
·
Real Estate
developers
·
Agriculture
Sector Companies
Time Period Captured in the Report:
FY’2013-FY’2018
– Historical Period
FY’2018-FY’2023
– Future Forecast
Companies Covered:
Iplex
Pipelines Pty Ltd, Marley Pty Ltd., RX Plastics Pty Ltd, Asmuss Water Systems
Ltd., Hynds Pipe System and others
For more information on the research report,
refer to below link:
Related Reports by Ken Research
Contact Us:
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249
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