Global FRP/GRP/GRE Pipe Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

“Global FRP/GRP/GRE Pipe Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global FRP/GRP/GRE pipe market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global FRP/GRP/GRE pipe market report has been segmented on the basis of fiber type, resin type, application, end-use industries, and region.

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Introduction         

FRP/GRP/GRE pipes are utilized as pressure and gravity pipelines for water, oil and sea water pipelines, owing to its unique characteristic of chemical and thermal resistance and high mechanical properties. These pipelines are used in numerous applications such as sea water intake and return at power plants and sewage disposal systems.

FRP pipes offers superior mechanical properties like low conductivity, superior anti-corrosion properties, and longer lifecycles are preferred choice for use in retail fuel, oil & gas, water & wastewater sewage, chemical, marine, pulp & paper, and offshore industry. FRP pipes are used in numerous fields and continuously replacing traditional PVC and metal pipes.

Dynamics

Increasing demand for FRP/GRP/GRE pipe across various end-use industries such as oil & gas and marine is major factor expected to drive growth of the global market over the next 10 years. Moreover, increasing application scope as thermal and corrosion resistant is another factor expected to support revenue growth of the target market over the next few years. In addition, various properties offered by these materials such as low conductivity, superior anti-corrosion, and others is another key factor anticipated to increase adoption of FRP/GRP/GRE pipes, which in turn estimated to drive growth of the global market over the forecast period. In addition, these products have various application in various end-use industrial verticals, which in turn anticipated to drive growth of the global market in the next few years. Increasing demand of FRP/GRP/GRE pipes from water and waste water treatments plants is expected to fuel the FRP/GRP/GRE pipe market over the next few years.

Region Analysis

Asia Pacific FRP/GRP/GRE pipe market is expected to account for significant share in terms of revenue in the global market. In addition, the Asia Pacific market is anticipated to register faster growth in terms of revenue over the next few years, owing to increasing demand from marine and oil & gas industries in countries in this region. Moreover, increasing investments by various private-public manufacturers in various countries in the Asia Pacific and rising demand from application industries are other major factors expected to drive growth of the Asia Pacific FRP/GRP/GRE pipe market in the next 10 years. Increasing awareness regarding features offered by FRP/GRP/GRE pipe, owing to low manufacturing cost and cost-effectiveness are among some other factors projected to drive growth of the application industries, which in turn is anticipated to support revenue growth of the global market in this region.

Global FRP/GRP/GRE Pipe Market Segmentation:

Segmentation by fiber type:

• Glass Fiber
• Carbon Fiber

Segmentation by resin type:

• Polyester
• Epoxy
• Vinyl Ester

Segmentation by application:

• Raw and Portable Water
• Sea and Brine Water
• Sanitary and Industrial Sewer
• Oil Sewer
• Chemical
• Others (Fire Fighting, Cooling Water, and District Cooling)

Segmentation by end-use industries:

• Oil & Gas
• Sewage
• Chemical
• Irrigation

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa