Global Fiberglass Pipes Market Trends, Size, Share & Industry Analysis 2023-2028
The global fiberglass Pipes market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value US$ 6.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.
Fiberglass pipes refer to composite material-based tubes manufactured by combining fillers, epoxy, and polyester resins. They exhibit various properties, such as cost-effectiveness, chemical inertness, durability, and corrosion resistance. Fiberglass pipes offer a high modulus of electricity, long product life, excellent tensile property, and efficiency at extreme temperatures. Therefore, they are extensively used for chemicals, sewage, water treatment and distribution, and irrigation purposes. In addition, fiberglass pipes are also suitable for carrying acids, high corrosion materials, and biological liquids. As a result, these tubes find widespread applications across several sectors, including chemicals, oil and gas, agriculture, irrigation, etc.
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Fiberglass Pipes Market Trends:
The escalating product demand for extraction, processing, refining, and distribution processes, owing to its superior flow characteristics and exceptional performance under extreme pressures and high-capacity loads, is among the primary factors driving the fiberglass pipes market. Besides this, the introduction of the latest production techniques, such as four-axis helical winding and dual helical filament binding methods, which assist in reducing production time and improving specifications with higher accuracy, is further augmenting the market growth.
Moreover, the elevating product requirement for metallurgy sewage facilities, wastewater treatment plants, industrial effluents, and other such establishments to improve sanitary conditions is also catalyzing the global market. Apart from this, the growing need for lightweight and durable channels in commercial and residential complexes, on account of the rising construction activities, is acting as another significant growth-inducing factor. Furthermore, the increasing investments in infrastructural development activities are anticipated to propel the fiberglass pipes market over the forecasted period.
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Fiberglass Pipes Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the fiberglass Pipes market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Abu Dhabi Pipe Factory LLC
- Amiblu Holding GmbH
- Chemical Process Piping Pvt Ltd
- Enduro Composites Inc.
- Fibrex Corporation
- Future Pipe Industries
- Graphite India Limited (The Emerald Company Ltd.)
- Gruppo Sarplast S.r.l.
- Hubei Apex Technology Co. Ltd.
- Nov Inc.
- Russel Metals Inc
- and Saudi Arabian Amiantit Company
Key Market Segmentation:
The report has segmented the fiberglass Pipes market on the basis of product type, fiber type, production process, material and end user.
Breakup by Product Type:
- Glass Fiber Reinforced Plastic (GRP) Pipes
- Glass Reinforced Epoxy (GRE) Pipes
- Others
Breakup by Fiber Type:
- E-Glass
- T-Glass/S-Glass/R-Glass
- Others
Breakup by Production Process:
- Centrifugal Casting
- Filament Winding
- Pultrusion
- Others
Breakup by Material:
- Polyester
- Polyurethane
- Epoxy
- Others
Breakup by End User:
- Oil & Gas
- Chemicals
- Sewage
- Irrigation
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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