United States Plastic Pipes Market Set for Continued Growth with a Projected CAGR of 3.6% through 2028 [Yahoo! Finance]
Westlake Corporation (WLK)
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Source: Yahoo! Finance
Overview of the United States Plastic Pipes Market A recent analysis of the United States Plastic Pipes Market has unveiled a promising outlook for the industry, expecting a Compound Annual Growth Rate (CAGR) of 3.6% from 2022 to 2028. This projection underscores the market's resilience and aligns with an acceleration in infrastructure development and construction projects across the nation. Valued at USD 12.6 billion in 2022, the market is driven by the critical role plastic pipes play in modern building and utility frameworks. Key Market Drivers The demand for plastic pipes is catalyzed by several factors, including a boom in new construction projects both in residential, commercial, and industrial sectors, and a nationwide push towards enhancing infrastructure and utility networks. These efforts necessitate the installation of extensive water, sewage, and gas distribution systems, in which plastic pipes are an essential component due to their reliability and efficiency. Mo
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News
- Westlake Water Solutions Reminds About Safety Risks Posed by Improper Pool Chlorination [Yahoo! Finance]Yahoo! Finance
- Westlake Water Solutions Reminds About Safety Risks Posed by Improper Pool ChlorinationBusiness Wire
- Westlake (WLK) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
- Westlake Corporation Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Westlake Corporation Reports First Quarter 2024 ResultsBusiness Wire
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- 5/1/24 - Beat
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Sec Filings
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- 4/25/24 - Form 8-K
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