I've used just good ole PVC water pipe for my air compressor for years, even tho it's printed right on it that it's not suitable for air. I can't understand why tho, since it's rated for 600 lbs burst pressure and, like yours, my compressor only gets to about 120 lbs psi. Anyway, use it at your discretion, but it's cheap and easy to use, I have it running all over my garage for over 10 years with no problems.
Obviously, copper would be the first choice if you're up to soldering it all up, and don't mind the extra cost. I put a ball valve about 1 foot below the air outlet for my tools, and I drain whatever moisture out there, I also have a water separator and regulator right at the outlet too.
There are lots of sites online that discuss how to run air lines, pull from the top of the pipe for your drops etc. One thing about plastic, it never rusts or corrodes.........