Fiber Reinforced Plastic Pipe 2019 Global Market to Reach US$ 3.52 Bn and Growing at CAGR of 6.67% by 2026

Fiber Reinforced Plastic Pipe 2019 Global Market to Reach US$ 3.52 Bn and Growing at CAGR of 6.67% by 2026

“Fiber Reinforced Plastic Pipe Industry”
WiseGuyReports.Com Publish a New Market Research Report On –“ Fiber Reinforced Plastic Pipe 2019 Global Market to Reach US$ 3.52 Bn and Growing at CAGR of 6.67% by 2026”.

 

Fiber Reinforced Plastic Pipe Industry 2019

Description:-

Global fiber reinforced plastic pipe market was valued US$ 2.1 Bn in 2017 and is expected to reach US$ 3.52 Bn by 2026, at a CAGR of 6.67 % during a forecast period.

FRP is a complex material which is made of the polymer matrix and is reinforced with different fibers like glass, carbon, and basalt. These fibers are used in various industries such as aerospace, construction, and automotive.

Growing demand for strong, lightweight pipes, the cost-effectiveness of the technology, and demand from oil & gas industry are boosting the growth of the fiber reinforced plastic pipe market. Increased innovation in the fiber reinforced plastic pipes, GRP & GRE pipe market showing growth trends, and growth in oil exploration activities are key opportunities of the market. Raw material prices are unstable, and the lack of product awareness is limiting the growth of the market.

 

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Filament winding is the market due to the winding process is quite easy as well as it is well suited to automation without the need of any human intervention. Due to the cost effectiveness and there are fewer chances of human error is also increasing the growth of the filament winding segment in the fiber reinforced plastic pipe market.

Chemical is the largest application category in the FRP pipe market, with an expected contribution of more than 40.0% in 2017. Due to withstand high temperatures and are corrosion resistant are required. Fiber reinforced plastic pipes have a higher strength to weight ratio. Epoxy is estimated to the largest material in the fiber reinforced plastic pipe market, owing to the epoxy being very environmentally as compared to other materials.

Most of the industries are now accepting this process because it is resulting in the Asia Pacific is the largest as well as the fastest growing market in the fiber reinforced plastic pipe market owing to the rise in construction, and oil & gas activities in the region. A growing focus of government to improve sewage treatment facilities in the Asia Pacific is also driving the growth of the market. Rise in construction activities in previous few years and people have been resorting to the use of fiber reinforced pipes for their better thermal resistant power is leading the second highest revenue share in the FRP pipe market in Europe.

Some of the major players operating in the fiber reinforced plastic pipe market are Enduro Composites, Inc., Ershigs, Inc. (Denali incorporated), Fibrex FRP piping systems, National Oilwell Varco, Inc., Sarplast SA, Saudi Arabian Amiantit Company, Sekisui Chemical Co., ltd Saudi Arabian Amiantit Company, Chemical Process Piping Pvt. Ltd., China National Building Material Company Limited, Ershigs Inc., Future Pipes Industries L.L.C., Hengrun Group Co. Ltd., HOBAS, National Oilwell Varco Inc., and Sekisui Chemical Co. Ltd., Sarplast SA.

The report covers a comprehensive study of major market drivers, restrains, opportunities, challenges, PESTEL, Porters, SWOT, and technological forecasting in the market. 

The Scope of Global Fiber Reinforced Plastic Pipe Market: 
Global Fiber Reinforced Plastic Pipe Market, By Product Type: 
GRE pipe 
GRP pipe 
Other Product Types 

Global Fiber Reinforced Plastic Pipe Market, By Fiber Type: 
E-Glass 
T-Glass 
Other Fiber Types 

Global Fiber Reinforced Plastic Pipe Market, By Process: 
Centrifugal Casting 
Filament Winding 
Pultrusion 
Other Process 

Global Fiber Reinforced Plastic Pipe Market, By Material: 
Polyester 
Polyurethane 
Epoxy 
Other Materials 

Global Fiber Reinforced Plastic Pipe Market, By Application: 
Oil & Gas 
Chemicals 
Sewage 
Irrigation 
Other Applications 

Global Fiber Reinforced Plastic Pipe Market, By Region: 
North America 
Europe 
Middle East & Africa 
Asia Pacific 
South America 

The Key Players Operating In the Global Fiber Reinforced Plastic Pipe Market: 
Enduro Composites, Inc. 
Ershigs, Inc. (Denali incorporated) 
Fibrex FRP piping systems 
National Oilwell Varco, Inc. 
Sarplast SA 
Saudi Arabian Amiantit Company 
Sekisui Chemical Co., ltd. 
Saudi Arabian Amiantit Company 
Chemical Process Piping Pvt. Ltd. 
China National Building Material Company Limited 
Ershigs Inc. 
Future Pipes Industries L.L.C. 
Hengrun Group Co. Ltd. 
HOBAS 
National Oilwell Varco Inc. 
Sarplast SA.

 

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Table Of Contents – Major Key Points

1. Preface 
    1.1. Research Objectives 
    1.2. Report Scope and Market Segmentation

2. Assumptions and Research Methodology 
    2.1. Abbreviations

3. Executive Summary 
    3.1. Global Fiber Reinforced Plastic Pipe Market Size, by Market Value (US$ Bn) and Market

4. Market Overview 
    4.1. Introduction 
    4.2. Market Dynamics 
    4.3. Drivers and Restraints Snapshot Analysis 
      4.3.1. Drivers 
      4.3.2. Restraints 
      4.3.3. Opportunities 
      4.3.4. Porter’s Analysis 
      4.3.5. Value Chain Analysis 
      4.3.6. SWOT Analysis

5. Global Fiber Reinforced Plastic Pipe Market Analysis and Forecast 
    5.1. Global Fiber Reinforced Plastic Pipe Market Size & Y-o-Y Growth Analysis 
      5.1.1. North America 
      5.1.2. Europe 
      5.1.3. Asia Pacific 
      5.1.4. Middle East & Africa 
      5.1.5. South America

Continued……

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