FRP Pipe Market Trends, Opportunities and Forecast to 2027 by Application (Oil & Gas, Retail Fuel, Water/Wastewater, Sewage, Pulp/Paper, Chemical/Industrial and Others), Diameter (small (60″)), resin (polyester resin based FRP pipe, epoxy resin based FRP pipe and vinyl ester resin based FRP pipe), pressure rating (less than 150 psi, 150-300 psi and over 300 psi), manufacturing process (filament winding, centrifugal casting, and others), and region (North America, Europe, Asia-Pacific, and Rest of the World).
New York, Nov. 24, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the 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 bright with application opportunities such as Oil & Gas, Water/Wastewater, Chemical/Industrial, Fuel Retail, Pulp/ paper and waste water. The global FRP pipe market is expected to reach approximately USD 5.8 billion by 2027 growing at a CAGR of 6.4% from 2021 to 2027. cost effective, corrosion and temperature resistant at different ends. industries of use.
Emerging trends in the FRP pipe market
Emerging trends, which have a direct impact on the dynamics of the industry, include the emergence of grooved coupling technique to join FRP pipes, the introduction of high impact strength FRP pipes and the use of fiber environmentally friendly glass for the production of FRP pipes.
A total of 107 figures/graphs and 68 tables are provided in this 307-page report to help you in your trading decisions. An example figure with ideas is shown below. To know the scope of benefits, companies researched and other details of the FRP Pipes market report, please download the report brochure.
FRP Pipes Market by Segment
The study includes a global FRP pipe market forecast by resin, diameter, pressure, manufacturing process and region as follows:
By request [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Oil and Gas
• Retail fuel
• Water/wastewater
• Waste
• Pulp/Paper
• Chemical/Industrial
• Others
By diameter [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Small (<18")
• Medium (18″-60″)
• Large (> 60″)
By nominal pressure [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Less than 150psi
• 150-300psi
• Over 300psi
By Resin [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Polyester resin based FRP pipe
• FRP epoxy resin pipe
• Vinyl ester resin based FRP pipe
By manufacturing process [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• Filament winding
• Centrifugal casting
• Others
By region [Value ($B) and Volume (M lbs.) shipment analysis for 2016 – 2027]:
• North America
• Europe
• Asia Pacific
• Rest of the world
List of FRP pipe companies
The companies in the market compete on the basis of the quality of the products offered. The major players in this market are focusing on expanding their manufacturing facilities, R&D investments, infrastructure development and leveraging integration opportunities along the value chain. Through these strategies, FRP pipe companies meet growing demand, ensure competitive efficiency, develop innovative products and technologies, reduce production costs and expand their customer base. Some of the FRP Pipe companies profiled in this report include.
• Future pipe industries
• Varco National Oil Well (NOV)
• Hengrun Group Co. Ltd.
• Amiblu Holding Gmbh (Hobas pipe)
• Maintenance
• Farassan
• Kinflare Group
• Sekisui Chemicals
• Abu Dhabi Pipe Factory
FRP pipe market overview
• The analyst predicts that chemical/industrial segment will remain the largest application during the forecast period due to infrastructure development, rapid industrialization and replacement of old piping system in control divisions against industrial fires. The wastewater segment by application is expected to witness the highest growth over the forecast period.
• Epoxy composite based FRP pipes will remain the largest segment during the forecast period due to their excellent corrosion properties, high strength, dimensional stability and adhesion compared to other resins.
• Asia-Pacific is expected to remain the largest region over the forecast period due to tremendous economic growth in China and India. With increasing urbanization and population growth, governments are focusing on infrastructure development, building new water supply and treatment systems, and replacing existing outdated pipe systems.
Characteristics of the FRP pipe market
• Market Size Estimates: Estimated FRP pipe market size in terms of value (in billions of dollars)
• Trend and forecast analysis: market trends (2016-2021) and forecasts (2022-2027) by various segments and regions.
• Segmentation analysis: market size by application, by diameter, by pressure rating, by resin, by manufacturing process and by region
• Regional Analysis: FRP Pipe Market Breakdown 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 by regions for the FRP pipe market
• Strategic Analysis: This includes mergers and acquisitions, new product development, and competitive landscape for the recycled carbon fiber market.
• Analysis of the competitive intensity of the industry based on Porter’s five forces model.
FAQs
Q1. What is the FRP pipe market size?
Answer: The global FRP pipe market is expected to reach approximately $5.8 billion by 2027
Q2. What is the FRP pipe market growth forecast?
Answer: The FRP pipe market is expected to grow at a CAGR of 6.4% from 2021 to 2027.
Q3. What are the key drivers influencing the growth of the FRP Pipes market?
Answer: The main growth driver of the FRP pipe market is the growing demand for cost-effective, corrosion-resistant and temperature-resistant pipes in different end-use industries.
Q4. What are the major applications or end-use industries of FRP pipes?
Answer: The Oil & Gas, Water/Wastewater, Chemical/Industrial, Retail Fuel, Pulp/Paper and Wastewater industries are the primary 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 emergence of a grooved coupling technique for joining FRP pipes, the introduction of high impact FRP pipes and the use of environmentally friendly glass fibers for the production of FRP pipes.
Q6. Who are the major FRP pipe companies?
Answer: Some of the leading FRP pipe companies are as follows:
• Future pipe industries
• Varco National Oil Well (NOV)
• Hengrun Group Co. Ltd.
• Amiblu Holding Gmbh (Hobas pipe)
• Maintenance
• Farassan
• Kinflare Group
• Sekisui Chemicals
• Abu Dhabi Pipe Factory
Q7. Which FRP pipe product segment will be most important in the future?
Answer: The analyst predicts that epoxy composite based FRP pipes will remain the largest segment during the forecast period due to their excellent corrosion properties, high strength, dimensional stability and adhesion properties. compared to other resins.
Q8. In the FRP Pipes Market, which region is expected to be the most significant in the next 5 years?
Answer: Asia-Pacific is expected to remain the largest region for the next 5 years
Q9. Are we getting personalization in this report?
Answer: Yes, the analyst provides 10% customization at no additional cost.
This report answers the following 11 key questions
Q.1 What are some of the most promising potential growth opportunities for the Global FRP Pipes Market by Application (Oil & Gas, Retail Fuel, Water/Wastewater, Sewage, Pulp/Paper, Chemical/Industrial and Others ), by diameter (small (<18”), medium (18”-60”) and large (>60″), per resin (polyester resin based FRP pipe, epoxy resin based FRP pipe and vinyl ester resin based FRP pipe), per pressure rating (less than 150 psi, 150-300 psi and over 300 psi), by manufacturing process (filament winding, centrifugal casting and others) and region (North America, Europe, Asia-Pacific and rest of the world)?
Q.2 Which segments will experience faster growth and why?
Q.3 Which regions will experience faster growth and why?
Q.4 What are the major factors affecting market dynamics? What are the market drivers and challenges?
Q.5 What are the business risks and market threats?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the main players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competing products and processes in this area and what threat do they pose to losing market share through material or product substitution?
Q.11 What M&A activity has taken place in the past 5 years in this market?
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