The GRP (Glass Reinforced Plastic) Pipe Market is projected to reach USD 5.87 Billion by 2033, growing from USD 1.54 Billion in 2023, with an anticipated compound annual growth rate (CAGR) of 4.36% over the forecast period. GRP pipes are composite materials composed of glass fiber, polyester resin, and occasionally other additives, known for their corrosion resistance, lightweight, durability, and minimal maintenance requirements. This market involves the production, distribution, and application of GRP pipes across various sectors, including water supply, wastewater management, oil and gas transportation, chemical industries, and infrastructure projects. The market includes manufacturers, suppliers, distributors, and end-users who utilize these pipes for their reliable performance and versatility in numerous applications.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Resin Type (Epoxy, Polyester, Vinyl Ester)
By Application (Oil & Gas, Irrigation, Chemical, Sewage, Others)
Key players
FLOWTITE Technology
Sarplast
Weihua Group
Amiblu Holding
Enduro
Beetle Plastics
Smit Group
Future Pipe Industries
Weihua Group
National Oilwell Varco
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