OSHA Says NO!
Below are some comments from actually a woodworking phorum on hte same subject many with better descriptors than I have. I also would suggest you check the osha web site link and read through the letters that they have written regarding the matter.
http://www.osha.gov/dts/hib/hib_data/hib19880520.html
Comment from contributor F:
Using plastic pipe in any compressed air system is strongly discouraged in pressures over 60psi. Don't use it. For a wood or cabinent shop blowing off sawdust it's fine. OSHA sets this limit at 30psi. The problem with the plastics is the additive packages in today's compressor lubricants cause the inside of plastic pipe to deteriorate, become brittle, and cause shrapnel type projectiles in high pressure failures. Cases have been documented of shrapnel penetrating drywall 30' away. Review OSHA.org. Aluminum pipe is the best, and goes up without chemical glues (plastic) or fire (copper) and is expandible when your shop grows.
Comment from contributor R:
PVC used for airlines is against the law. OSHA could chain and padlock your doors until you replace it with explosion-proof material (galvanized pipe, blk iron or copper).
Comment from contributor N:
You should never run PVC for air-lines. I work for a major plumbing distributor and we recommend black iron for air lines. With the way the plastic market is the black iron isn't that much more expensive and you don't have to worry about it cracking or shattering like you do with the PVC.
There is another type of plastic that is approved but it is harder to locate. One example is Acrylonitrate-Butadiene-Styrene. The bottom line is if you want to use a plastic pipe check to make sure it is marked "approved" for compressed air supply.
Comment from contributor S:
My job is to install compressed air systems and the majority of our installations are using Polypropolyne compressed air pipe with socket fusion joints. This product is designed for these applications and can handle the pressure and has high impact resistance. It’s less expensive than the next best product which is copper. Black steel pipe may be less but it will take twice as long to install rust internally and leak over time if screwed together. It is a very costly and time consuming job to add to later on.
Comment from contributor J:
I've worked in the compressed air industry for a long time and PVC is unacceptable for compressed air - illegal in many states. Copper and steel are among reasonable solutions, but I recommend Transair pipe systems. These are push-to-connect aluminum pipe systems that require very little time to install with moderate material costs. The system is versatile - and much easier to install than steel or copper.