Fibre Reinforced Plastic Pipes Market Size, Trends and Insights By Type (Glass fibre, Carbon fibre, Aramid, Basalt), By End-User (Oil & Gas industry, Chemical industry, Sewage industry, Irrigation industry, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Enduro Composites Inc.
- Ershigs Inc. (Denali incorporated)
- Fibrex F.R.P. piping systems
- National Oilwell Varco Inc.
- Sarplast SA
- Others
Reports Description
According to Custom Market Insights (CMI), The Global Fibre Reinforced Plastic Pipes Market Size was valued at USD 2.2 Billion in 2021 and is expected to reach USD 2.4 Billion in 2022 and is estimated to reach USD 3.9 Billion by the end of 2030 at CAGR of approximately 6.7% during the forecast period 2022-2030.
The FRP or reinforced plastic is a complex material made of a rigid polymer matrix, which is reinforced with different types of fibers, including glass, carbon, basalt, etc. After adding the thread, the polymer becomes the reinforced polymer. These fibers are used across various industries, including aerospace, construction, automotive, etc. Despite these standard reinforced fibers, asbestos, paper, and wood are sometimes integrated as reinforced fibers.
Without the addition of the reinforced fiber, the original plastic, known as the matrix or binding agent, is challenging and weak, becoming more rigid and robust after adding reinforced fiber. The volume of integration depends upon the type of product. Reinforced fiber generally plays a role in providing elasticity and relative strength to the matrix. The FRP pipes are non-metallic substances made by the winding glass technique of fiber filaments. These fibers are the blending mixture of epoxy resin and the heat curing agent. The FRP pipes are used in tankers, piping systems, multiple areas of ships, etc. The diameter and bending angle of the pipes vary depending on the requirement.
Growth Factors
The rise in demand for stiff and lightweight pipes drives market growth.
There has been a strong demand for lightweight and reliable pipes and cost-effective production, which drives the market growth for FRP polymers. In addition, the FRP pipes’ required properties make them reliable for various industries, including oil and gas.
The increase in the innovation process, along with oil exploration activities, drives the market growth.
The rapid increase in innovation regarding the production of FRP pipes propels the market growth for polymers across different regions. In addition, the rise in oil exploration activities is a crucial factor for market growth.
The rapid investments in R&D activities propel the market growth
The increase in investments in research and development activities and the emergence of key players in this field will likely drive the market across the recent period and the forecast period.
The technological advancements boost market growth for FRP polymers
The rise in technology, as per the requirement of the vast customer base, has led to the development of the FRP pipes market across the globe.
The requirement for FRP pipes across various industries fuels the market growth.
The industries such as automotive, spacecraft, aircraft, construction, and chemical widely use FRP pipes for various purposes due to their lightweight properties and reliable nature.
FRP Pipes Market Segmentation
The fiber-reinforced plastic pipe market is segmented by type, end-user, and region.
Market segmentation based on the type
Based on fiber type, the FRP pipe market is segmented into glass, carbon, basalt, and aramid composites. As per the revenue, the glass fiber segment has dominated the market with a market percentage of 66% in 2021 and is expected to expand its value during the forecast period. Glass fiber is the ideal composite material for polymers for several reasons.
For instance, integrating glass fiber with plastics ensures high reliability and can be easily shaped in a molten state to form a rigid structure. Therefore, it can be manufactured according to different types of requirements. The glass fiber also possesses the chemical inertness property, which protects the FRP materials from being corroded. Corrosion is a significant problem because chemical-based industries face major challenges regarding FRP polymers, which can be sorted using glass fibers. However, certain limitations restrict the use of glass fibers, including flexibility and strength. As there is a lack of stiffness, it cannot be used in certain places like airplanes and bridges.
Glass fibers are non-metallic substances with a wide range of extensive properties, including insulation, high tensile strength, non-combustible nature, etc., making them popular across various fields, including chemical, petroleum, chemical, construction, defense, and aviation.
Market segmentation based on End-User
Based on the end-user analysis, the market is bifurcated into oil & gas, sewage, chemical, irrigation, and others. Sewage accounts for the largest market share in 2021, with a revenue percentage of 40%. The market is expected to expand with a significant CAGR during the forecast period. This can be attributed to the range of sewage contaminants at different concentrations. The sewage pipelines carrying the wastewater are solid and stiff, retaining different densities, particle sizes, and stiffness. In addition, the recently developed sewage pipes are made with FRP polymers, which solves the problem of corrosion which was the major problem earlier due to metal-based sewage pipes.
The usage of FRP pipes is considered the ideal choice for the treatment of wastewater. This is because its extensive properties can hold the different types and densities of waste materials and water. In addition, extensive features have made FRP pipes widely acceptable for longer than conventional pipes.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 2.2 Billion |
| Projected Market Size in 2030 | USD 3.9 Billion |
| CAGR Growth Rate | 6.7% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | 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 Others |
| Key Segment | By Type, End-User, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Key Insights
- The F.R.P. pipe market is expected to grow at a CAGR of 6.7% during the forecast period.
- Based on type, the glass fiber segment dominated the market in 2021, with a revenue of 66%.
- Based on end users, the sewage segment will have a larger market share of 40% in 2021.
- The Asia-Pacific dominated the F.R.P. market in 2021, with a market percentage of more than 50%. China alone occupies a significant market share with 39%.
Regional Insights
The F.R.P. market is distributed across North America, Asia-Pacific, Europe, & LAMEA. However, the Asia-Pacific acquired a larger market share of the F.R.P. market in 2021 and continues to grow significantly over the forecast period. The market rise across Asia-Pacific can be attributed to the rapid constructional activities along with the development of oil and gas activities in Asia-Pacific which drives the market growth across such regions.
Along with that, the rapid investments in R&D activities and the technological advancements across such regions play a crucial role in market enhancement. China is the most significant contributor to market revenue, which holds 39% of the market share across APAC. China has a vast number of construction industries that require F.R.P. composites. The APAC region witnessed rapid industrial growth, including railways, automobiles, construction, and wind energy.
Key Players
- Enduro Composites Inc.
- Ershigs Inc. (Denali incorporated)
- Fibrex F.R.P. 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.
Covid-19 Impact on the F.P.R. pipes market
Like the other markets, the emergence of the pandemic also has had a significant impact on the global fiber-reinforced plastic pipes market. The temporary shutdown of the industries and movement restrictions led to supply chain disruption, which halted market growth. Along with that, the increased localization and delayed investments have forced the key players to improve their margins to reach a particular target.
Recent Developments in the F.R.P. pipes market
- In January 2016, Saint Gobain Sekurit formed a venture with Corning Incorporated to develop lightweight glazing products like Gorilla, Corning, and other motives for the automotive sector.
- RTP Company, a global thermoplastics compounder, has revealed the integration of its Eco Solutions product portfolio with the advanced range of custom cellulose fiber-reinforced polymers.
- In July 2017, Owens Corning infrastructure solutions announced the acquisition of Aslan F.R.P., a composite manufacturer that performs road bridges, marine pathways, and tunnel construction.
- Toray Advanced Composites announced the completion of a long-term supply agreement during the partnership with Joby Aviation. The majority of works include the formation of the F.R.P. composites used in aircraft parts.
- Tata Steel introduced the primary fiber-reinforced polymer units in India after the pandemic. The collaboration of the Tata Consulting Engineers and Tata Group companies has provided healthcare services during the pandemic.
Market segments covered in the report
By Type
- Glass fibre
- Carbon fibre
- Aramid
- Basalt
By End-Use
- Oil & Gas industry
- Chemical industry
- Sewage industry
- Irrigation industry
- Others
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Fibre Reinforced Plastic Pipes Market, (2022 – 2030) (USD Billion)
- 2.2 Global Fibre Reinforced Plastic Pipes Market : snapshot
- Chapter 3. Global Fibre Reinforced Plastic Pipes Market – Industry Analysis
- 3.1 Fibre Reinforced Plastic Pipes Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Demand For Stiff And Lightweight Pipes
- 3.2.2 The Increase In The Innovation Process
- 3.2.3 The Rapid Investments In R&D Activities Propel
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Type
- 3.7.2 Market attractiveness analysis By End-User
- Chapter 4. Global Fibre Reinforced Plastic Pipes Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Fibre Reinforced Plastic Pipes Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Fibre Reinforced Plastic Pipes Market – Type Analysis
- 5.1 Global Fibre Reinforced Plastic Pipes Market overview: By Type
- 5.1.1 Global Fibre Reinforced Plastic Pipes Market share, By Type, 2021 and 2030
- 5.2 Glass fibre
- 5.2.1 Global Fibre Reinforced Plastic Pipes Market by Glass fibre, 2022 – 2030 (USD Billion)
- 5.3 Carbon fibre
- 5.3.1 Global Fibre Reinforced Plastic Pipes Market by Carbon fibre, 2022 – 2030 (USD Billion)
- 5.4 Aramid
- 5.4.1 Global Fibre Reinforced Plastic Pipes Market by Aramid, 2022 – 2030 (USD Billion)
- 5.5 Basalt
- 5.5.1 Global Fibre Reinforced Plastic Pipes Market by Basalt, 2022 – 2030 (USD Billion)
- 5.1 Global Fibre Reinforced Plastic Pipes Market overview: By Type
- Chapter 6. Global Fibre Reinforced Plastic Pipes Market – End-User Analysis
- 6.1 Global Fibre Reinforced Plastic Pipes Market overview: By End-User
- 6.1.1 Global Fibre Reinforced Plastic Pipes Market share, By End-User, 2021 and 2030
- 6.2 Oil & Gas industry
- 6.2.1 Global Fibre Reinforced Plastic Pipes Market by Oil & Gas industry, 2022 – 2030 (USD Billion)
- 6.3 Chemical industry
- 6.3.1 Global Fibre Reinforced Plastic Pipes Market by Chemical industry, 2022 – 2030 (USD Billion)
- 6.4 Sewage industry
- 6.4.1 Global Fibre Reinforced Plastic Pipes Market by Sewage industry, 2022 – 2030 (USD Billion)
- 6.5 Irrigation industry
- 6.5.1 Global Fibre Reinforced Plastic Pipes Market by Irrigation industry, 2022 – 2030 (USD Billion)
- 6.1 Global Fibre Reinforced Plastic Pipes Market overview: By End-User
- Chapter 7. Fibre Reinforced Plastic Pipes Market – Regional Analysis
- 7.1 Global Fibre Reinforced Plastic Pipes Market Regional Overview
- 7.2 Global Fibre Reinforced Plastic Pipes Market Share, by Region, 2021 & 2030 (USD Billion)
- 7.3. North America
- 7.3.1 North America Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.3.1.1 North America Fibre Reinforced Plastic Pipes Market, by Country, 2022 – 2030 (USD Billion)
- 7.3.1 North America Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.4 North America Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030
- 7.4.1 North America Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030 (USD Billion)
- 7.5 North America Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030
- 7.5.1 North America Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.6.1.1 Europe Fibre Reinforced Plastic Pipes Market, by Country, 2022 – 2030 (USD Billion)
- 7.6.1 Europe Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.7 Europe Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030
- 7.7.1 Europe Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030 (USD Billion)
- 7.8 Europe Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030
- 7.8.1 Europe Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.9.1.1 Asia Pacific Fibre Reinforced Plastic Pipes Market, by Country, 2022 – 2030 (USD Billion)
- 7.9.1 Asia Pacific Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.10 Asia Pacific Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030
- 7.10.1 Asia Pacific Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030 (USD Billion)
- 7.11 Asia Pacific Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030
- 7.11.1 Asia Pacific Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.12.1.1 Latin America Fibre Reinforced Plastic Pipes Market, by Country, 2022 – 2030 (USD Billion)
- 7.12.1 Latin America Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.13 Latin America Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030
- 7.13.1 Latin America Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030 (USD Billion)
- 7.14 Latin America Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030
- 7.14.1 Latin America Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Fibre Reinforced Plastic Pipes Market, by Country, 2022 – 2030 (USD Billion)
- 7.15.1 The Middle-East and Africa Fibre Reinforced Plastic Pipes Market, 2022 – 2030 (USD Billion)
- 7.16 The Middle-East and Africa Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030
- 7.16.1 The Middle-East and Africa Fibre Reinforced Plastic Pipes Market, by Type, 2022 – 2030 (USD Billion)
- 7.17 The Middle-East and Africa Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030
- 7.17.1 The Middle-East and Africa Fibre Reinforced Plastic Pipes Market, by End-User, 2022 – 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 Enduro Composites Inc.
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Ershigs Inc. (Denali Incorporated)
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Fibrex FRP Piping Systems
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 National Oilwell Varco Inc.
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Sarplast SA
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Saudi Arabian Amiantit Company
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Sekisui Chemical Co. Ltd.
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Saudi Arabian Amiantit Company
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Chemical Process Piping Pvt. Ltd.
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 China National Building Material Company Limited
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Ershigs Inc.
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Future Pipes Industries L.L.C.
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Hengrun Group Co. Ltd.
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 HOBAS
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 National Oilwell Varco Inc.
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.1 Enduro Composites Inc.
List Of Figures
Figures No 1 to 22
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Key Players
- 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.
- Others
FAQs
“Asia-Pacific” region will lead the global Fibre Reinforced Plastic Pipes market during the forecast period 2022 to 2030.
The key factors driving the market are the Demand For Stiff And Lightweight Pipes, The Increase In The Innovation Process, The Rapid Investments In R&D Activities
The key players operating in the Fibre Reinforced Plastic Pipes 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.
The global Fibre Reinforced Plastic Pipes market is expanding growth with a CAGR of approximately 6.7% during the forecast period (2022 to 2030).
The global Fibre Reinforced Plastic Pipes market size was valued at USD 2.2 Billion in 2021 and it is projected to reach around USD 3.9 Billion by 2030.