Fiberglass pipes accounted to usd xx.xx million in 2017 growing at a cagr of xx.xx% during the forecast period of 2018 to 2025. global fiberglass pipes market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Fiberglass pipes are composite materials which have combine properties of two or more materials such as glass fibers and resins. These pipes are characterized by high strength and steady performances in extreme temperatures. There is a growing demand for fiberglass pipes in oil & gas, chemicals, sewage and irrigation activities, which is expected to be one of the major drivers of the market over the next seven years. Some of the major players in global fiberglass pipes market include
- Kemrock Industries and Exports Limited
- Apex Western Fiberglass, Inc.
- HOBAS Pipes International GmbH
- Andronaco Industries
- Future Pipe Industries
- Sarplast SA
- Fibrex Construction Group
- FCX Performance
- PPG Industries, Inc.
- Hengrun Group Co., Ltd.
- Enduro Composites, Inc.
- Saudi Arabian Amiantit Company
- ZCL Composites, Inc.
- Graphite India Limited
- National Oilwell Varco, Inc. and many more
Major Industry players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in Fiberglass Pipes Market.
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- The fiberglass pipes market is segmented on the basis of type into
- GRE pipes
- GRP pipes
- On the basis of fiber type, the market is segmented into
- On the basis of application, the market is segmented into
- Oil & gas,
- Irrigation and others
- On the basis of geography, the fiberglass pipes market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.
- Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Major Market Drivers:
- Lightweight, higher corrosion resistance and superior properties of fiberglass pipes
- Growing demand for GRP pipe in offshore oil & gas production activities
- Fiberglass pipe act as the replacement concrete & metallic pipe in the infrastructure & industrial sector
- Restriction on the use of fiberglass pipe for transporting hydrocarbons
- Authorization requirement from regulatory authorities
Insights of the report
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Drivers and restrains of the market
- 5. Historical and current fiberglass pipes market size and projection up to 2025.
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