Albany, NY -- (SBWIRE) -- 04/20/2015 -- Market Research and Investment Prospect Forecast of Reinforced Thermoplastic Pipes (RTP) in China, 2015-2018, mainly analyzes the status quo of domestic market, supply and demand, competition pattern of Reinforced Thermoplastic Pipes (RTP) Industry and operation of key enterprises in China, also provides suggestions and decision-making references for enterprise planning to understand this industry or invest in this field.

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With many years of booming development, the scale of plastic pipe industry in China has reached 3.32 million t/y, completed the initial stage of initiation and expansion and stepped into the new period transforming from the big country of plastic pipe into the strong country of plastic pipe. Facing the increasingly fierce competition, the new situation can be opened only by technology innovation and market exploration. The development of high-pressure RTP becomes one of opportunities for plastic pipe industry and leading enterprises. RTP has become one hot research subject, but the enterprises really standing in this market are few. At present, only few enterprises can produce RTP in China.

Excerpt:

2. Development Status Quo of RTP Industry in China

2.2 Development of RTP Industry in China

2.2.1 Development Review, 2014

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In recent years, many enterprises have invested on "Steel wire-wound reinforced PE pipe", but in this field, can only few enterprises' RTP (such as: Changchun Gao Xiang special pipe Co., Ltd. and Neptune Offshore Engineering Development Co., Ltd ) meet the requirements for both "high pressure-resistance and flexibility".

With many years of development, RTP in China has made considerable development. At present, China has mainly developed four RTP products. In overall, the RTP industry in China is under the initial stage of development.

Tab.6: Representative Enterprises of Different RTP Products

Varieties Representative enterprises

Steel Frame-Plastic Complex Pipe Hebei Huachuang Tianyuan Industrial Developing Co., Ltd., Xinjiang Huachuang Tianyuan Industrial Developing Co., Ltd., HUAHAN Technology Company Limited and Daqing Changheng.
Meshed steel Frame-Plastic Complex Pipe Fasten Dongtai, Tianjin Dongtai, Shengli Dongtai and Huangsheng Group Co., Ltd
Steel Wire-wound Reinforced Plastic Complex Pipe Huangsheng Group Co., Ltd., Tianjin Dongtai and Dongying Shenggong Pipes
Continual Reinforced Plastic Complex Oil Pipe Changchun Gao Xiang special pipe Co., LTD.
Source: China Plastics Processing Industry Association, Huidian Research

2.2.2 Development Status, 2014

At present, RTP is generally applied in the piping environment resisting high-pressure and high-temperature in China, most of RTP products are mainly applied in petroleum and natural gas industry, with the popularization of RTP technology and application, in other application fields, such as, natural gas long-distance transport Pipe, chemical industry, pipes transporting mud and sand and mine high-pressure pipe etc pipe systems used in specially adverse environment, RTP has been applied successfully.

With many years of booming development, the scale of plastic pipe industry in China has reached 3.32 million t/y, completed the initial stage of initiation and expansion and stepped into the new period transforming from the big country of plastic pipe into the strong country of plastic pipe. Facing the increasingly fierce competition, the new situation can be opened only by technology innovation and market exploration. The development of high-pressure RTP becomes one of opportunities for plastic pipe industry and leading enterprises. RTP has become one hot research subject, but the enterprises really standing in this market are few. At present, only few enterprises can produce RTP in China.

2.2.3 Market Characteristics, 2014
In 2014, the development time of RTP industry in China was short, technical standards are incomplete and market competition is disorder. Generally, the scales of RTP enterprises are small with unstable business performance. Influenced by the decline of this industry in 2012, certain parts of enterprises halt production or change the line of production, for example, in June 2012, Jiangsu Fasten Company Limited adjusted business scope, mainly producing metal wire and related products.

At present, the RTP product technology cannot meet market demand, with low hardness and poor heat-resistance, and cannot replace the substitute products in this field completely.

Since 2012, influenced the overall decline of global economy, the growth rate of RTP industry decreased.

The demand for RTP mainly concentrates into the exploration of petroleum and natural gas, with the development of exploration technology of petroleum and natural gas and the continual popularization of application scopes, the demand fields have extended to high-pressure delivery, chemical industry and submarine water delivery pipeline etc other fields.

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2.2.4 Market Development, 2014
In 2014, the growth rate of RTP in China reduced, obviously lower than 2013, which mainly caused by the decline of investment speed in petroleum and natural gas exploration, high-pressure delivery and chemical industry etc fields in China because of economy decline. In 2015, the growth rate of GDP in China was lowered continually, but the market economy is active and policies support economy development, it is predicted that the growth rate of RTP in China will not be lower than that in 2014 in future and tend to rise.

2.3 Supply and Demand of RTP Industry in China

2.3.1 Total Market Supply, 2014

By 2014, the output value of RTP Industry in China had hit CNY 11.29 billion, up 6.02% over the same period of last year. the growth rate of industry tends to decline in recent years.

Tab.7: Total Market Supply of RTP in China, 2010-2014

Source: China Plastics Processing Industry Association, Huidian Research

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