US Non-Residential Construction Spending Will Promote the Demand for Plastic Pipes

The non-residential construction and real estate industry (housing starts, existing home sales, etc.) of relevant data and forecasts are widely attracted the commercial media attention. This is because these trend data can be a good reaction in consumer spending behavior and American economic growth is heavily dependent on personal consumption.

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But we also should pay close attention to the reaction of non-residential building sector data trend, non-residential construction sector is a huge variety of plastic productions end market, more importantly, it is an important indicator of the future health and vitality of the American economy.

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Based on a large number of non-residential building category, the United States Census Bureau compiled data, including data on the judgment of investment in schools, factories, office buildings, shopping malls and other different types of buildings. In addition, there has spending data infrastructure projects: electricity, roads and streets, sewage and waste disposal, and water supply system.

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In the early eight months of 2014, the largest increase of expand is the cost of power projects. It is expected that the total expenditure of these projects in 2014 will grow by 15%, in 2015 will soared to 10 percent.

Form the news you can know the use of plastic is more and more. Even now the oil price is lower than before, the plastic demanding is still large. So it is very necessary to recollect the waste plastic and reuse them. At last, the waste plastic will be turned into other useful products. In the procedure, the recycling have reduced the pollution and waste of resource. Also, the production is mostly attributed to the help of GREENMAX, which can handle the waste plastics. And different plastic can be disposed by different series of GREENMAX machines.