FRP Pipe Market Trends and ForecastGlobal FRP pipe market is projected to reach approximately USD 5.8 billion by 2027 with a CAGR of 6.4% from 2021 to 2027

ReportLinker

FRP Pipe Market Trends, Opportunities and Forecasts to 2027 by Application (Oil & Gas, Retail Fuel, Water/Wastewater, Wastewater, Pulp/Paper, Chemical/Industrial and Others), Diameter (Small (60” )), resin (polyester resin based FRP pipe, epoxy resin based FRP pipe and vinylester resin based FRP pipe), pressure rating (below 150 psi, 150-300 psi and above 300 psi ), manufacturing process (filament winding, centrifugal casting, and others), and region (North America, Europe, Asia Pacific, and the rest of the world).

New York, Nov. 24, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of Report “FRP Pipe Market: Trends, Opportunities and Competitive Analysis” – https://www.reportlinker.com/p06362793/?utm_source=GNW

FRP Pipe Market Trends and Forecasts
The future of the FRP pipe market looks promising with opportunities for applications such as oil and gas, water/wastewater, chemical/industrial, retail fuel, pulp/paper, and wastewater. The global FRP Pipe market is projected to reach approximately USD 5.8 billion by 2027 with a CAGR of 6.4% from 2021 to 2027. The main growth driver for the FRP Pipe market is rising demand of economical pipes, resistant to corrosion and to use industries.

Emerging trends in the FRP pipe market
Emerging trends, which have a direct impact on the dynamics of the industry, include the emerging spline coupling technique for joining FRP pipes, the introduction of high impact resistant FRP pipes, and the use of environmentally friendly fiberglass. environment for FRP pipe production.
A total of 107 figures/graphs and 68 tables are provided in this 307-page report to assist you in your business decisions. Below is an example of a figure with insights. To know the scope of benefits, companies researched, and other details of the FRP Pipe market report, download the report brochure.

FRP Pipe Market by Segment

The study includes a forecast for the global FRP Pipe for Resin market, by diameter, by pressure, by manufacturing process, and by region as follows:

By application [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Oil and gas
• Retail fuel
• Water/Wastewater
• Waste water
• Pulp/paper
• Chemical/Industrial
• Other

By diameter [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Small(<18")
• Medium (18″-60″)
• Large(>60”)

For pressure assessment [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Less than 150 psi
• 150-300psi
• More than 300 psi

In resin [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• FRP pipe based on polyester resin
• Epoxy based FRP pipe
• Vinylester resin based FRP pipe

By manufacturing process [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Filament winding
• Centrifugal casting
• Other

By Region [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• North America
• Europe
• Asia Pacific
• Rest of the world
FRP Pipe Company List
Market companies compete on the basis of the quality of the product offered. Major players in this market focus on expanding their manufacturing facilities, investing in R&D, infrastructure development, and exploiting integration opportunities along the value chain. With these strategies, FRP pipe manufacturing companies meet the growing demand, ensure competitive effectiveness, develop innovative products and technologies, reduce production costs and expand their customer base. Some of the FRP pipe companies profiled in this report include.
• Pipe industries of the future
• National Oilwell Gate (NOV)
• Hengrun Group Co. Ltd.
• Amiblu Holding Gmbh (Pipa Hobas)
• Love
• Farassan
• Kinflare group
• Sekisui chemicals
• Abu Dhabi Pipe Factory
Market analysis of FRP pipes
• The analyst expects the chemical/industrial segment to remain the largest application over the forecast period due to infrastructure developments, rapid industrialization and replacement of aging piping system in industrial fire divisions. The Wastewater segment by application is expected to witness the highest growth over the forecast period.
• Epoxy composite based FRP pipe will remain the largest segment over the forecast period due to its excellent corrosion resistance, high strength, dimensional stability and adhesion properties compared to other resins.
• Asia Pacific is expected to remain the largest region over the forecast period due to outstanding economic growth in China and India. With increasing urbanization and population growth, governments are focusing on developing infrastructure facilities, building new water supply and treatment systems, and replacing existing outdated pipeline systems.
FRP Pipe Market Characteristics
• Market Size Estimation: Estimate the FRP Pipe market size by value (Billion USD)
• Trend and Forecast Analysis: Market trends (2016-2021) and forecasts (2022-2027) for various segments and regions.
• Segmentation Analysis: Market size by application, diameter, pressure rating, resin, manufacturing process, and region
• Regional Analysis: FRP Pipe Market Split by North America, Europe, Asia Pacific and rest of the world.
• Growth Opportunities: Analysis of growth opportunities in different applications, by diameter, by pressure rating, by resin, by manufacturing process and regions for the FRP Pipe market
• Strategic analysis: Includes mergers and acquisitions, new product development and competitive landscape for the recycled carbon fiber market.
• Analysis of the competitive intensity of the sector based on Porter’s Five Forces model.
FAQs
Q1. What is the market size of FRP Pipes?
Answer: The global FRP pipe market is projected to reach approximately USD 5.8 billion by 2027
Q2. What is the growth forecast for the FRP Pipe market?
Answer: The FRP pipe market is projected to grow at a CAGR of 6.4% from 2021 to 2027.
Q3. What are the main driving factors affecting the growth of the FRP Pipe market?
Answer: The major growth driver for the FRP pipe market is the growing demand for cost-effective, corrosion-resistant, and temperature-resistant pipes in various end-use industries.
Q4. What are the main applications or end-use industries for FRP pipes?
Answer: The oil and gas, water/wastewater, chemical/industrial, retail fuel, pulp/paper, and wastewater industries are major applications for FRP pipe.
Q5. What are the emerging trends in the FRP Pipe Market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include the emerging spline coupling technique for joining FRP pipes, the introduction of high impact resistant FRP pipes, and the use of fibers environmentally friendly glass materials for the production of FRP pipes.
Q6. Who are the main FRP pipe manufacturing companies?

Answer: Some of the major FRP pipe companies are as follows:
• Pipe industries of the future
• National Oilwell Gate (NOV)
• Hengrun Group Co. Ltd.
• Amiblu Holding Gmbh (Pipa Hobas)
• Love
• Farassan
• Kinflare group
• Sekisui chemicals
• Abu Dhabi Pipe Factory
Q7. Which FRP pipe product segment will be the largest in the future?
Answer: Analyst expects epoxy composite based FRP pipe to remain the largest segment over the forecast period due to its excellent corrosion resistance, high strength, dimensional stability and adhesion properties compared to other resins
Q8. In the FRP pipe market, which region is expected to be the largest in the next 5 years?
Answer: Asia Pacific is expected to remain the largest region over the next 5 years
Q9. Do we get personalization in this report?
Answer: Yes, the analyst provides 10% customization at no extra cost.

This report answers the following 11 key questions
D.1 What are some of the most promising and potential growth opportunities for the global FRP Pipe market by Application (Oil & Gas, Retail Fuel, Water/Wastewater, Wastewater, Pulp/Paper, Chemical/Industrial and others ), by diameter (small (<18”), medio (18”-60”) e grande (>60”), by resin (polyester resin based GRP pipe, epoxy resin based GRP pipe and vinylester resin based GRP pipe), at pressure ratings (less than 150 psi, 150-300 psi and more than 300 psi), by manufacturing process (filament winding, centrifugal casting, and others), and by region (North America, Europe, Asia Pacific, and rest of the world)?
D.2 Which segments will grow the fastest and why?
D.3 Which regions will grow fastest and why?
D.4 What are the key factors influencing market dynamics? What are the market drivers and challenges?
D.5 What are the business risks and market threats?
D.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing customer needs in the market?
D.8 What are the new market developments? Which companies are driving these developments?
D.9 Who are the main players in this market? What strategic initiatives are implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how much do they pose a major threat to loss of market share through material or product substitution?
D.11 What M&A activities have taken place in the last 5 years in this market?
Read the full report: https://www.reportlinker.com/p06362793/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need, instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

Leave a Reply

%d bloggers like this: