Fiberglass Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Fiberglass Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global fiberglass pipes market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

Fiberglass pipes are composite material-based pipes manufactured by combining glass fibers, fillers, and polyester resins. They exhibit various properties, such as durability, cost-effectiveness, chemical inertness, and resistance to corrosion. They offer long product life, high modulus of electricity, and excellent tensile property and efficiency at extreme temperatures. They are widely used in water treatment and distribution, chemical, sewage, and irrigation applications. Fiberglass pipes are also considered suitable for carrying high corrosion materials, acids, and biological liquids. At present, fiberglass pipes find extensive applications across oil and gas, chemicals, and agriculture sectors due to their high strength-to-weight ratio.

Fiberglass Pipes Market Trends:
The global market is primarily driven by significant growth in the oil and gas industry. Fiberglass pipes are widely employed in the extraction, processing, refining, and distribution processes due to their superior flow characteristic and exceptional performance under extreme pressures and high-capacity loads. Additionally, the integration of computer-aided designing (CAD) technology and the introduction of new production processes, such as dual helical filament binding and four-axis helical winding methods, are supporting the market growth. These advancements assist in reducing production time and improving specifications with higher accuracy. Furthermore, the widespread product adoption in metallurgy sewage facilities, wastewater treatment plants, industrial effluent treatment plants, and other such establishments to improve sanitary conditions and industrial sewage management is acting as another growth-inducing factor. Moreover, rising construction activities have significantly facilitated the demand for lightweight and durable pipelines in commercial and residential complexes, which is creating a positive outlook for the market. Other factors, including increasing investments by several governments in water and waste management systems, extensive infrastructural development activities, and widespread product adoption in the chemical industry, are anticipated to drive the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fiberglass pipes market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on 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
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 Questions Answered in This Report
1. What was the size of the global fiberglass pipes market in 2022?
2. What is the expected growth rate of the global fiberglass pipes market during 2023-2028?
3. What are the key factors driving the global fiberglass pipes market?
4. What has been the impact of COVID-19 on the global fiberglass pipes market?
5. What is the breakup of the global fiberglass pipes market based on the product type?
6. What is the breakup of the global fiberglass pipes market based on the fiber type?
7. What is the breakup of the global fiberglass pipes market based on production process?
8. What is the breakup of the global fiberglass pipes market based on the material?
9. What is the breakup of the global fiberglass pipes market based on the end user?
10. What are the key regions in the global fiberglass pipes market?
11. Who are the key players/companies in the global fiberglass pipes market?