Global FRP Pipe Market Growth 2023-2029

Global FRP Pipe Market Growth 2023-2029

Fibre-reinforced polymer (FRP), also Fibre-reinforced plastic, is a composite material made of a polymer matrix reinforced with fibres. The polymer is usually an epoxy, vinylester or polyester thermosetting plastic. This report studies the FRP GRP GRE Pipe market.

LPI (LP Information)' newest research report, the “FRP Pipe Industry Forecast” looks at past sales and reviews total world FRP Pipe sales in 2022, providing a comprehensive analysis by region and market sector of projected FRP Pipe sales for 2023 through 2029. With FRP Pipe sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world FRP Pipe industry.

This Insight Report provides a comprehensive analysis of the global FRP Pipe landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on FRP Pipe portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global FRP Pipe market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for FRP Pipe and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global FRP Pipe.

The global FRP Pipe market size is projected to grow from US$ 4185.9 million in 2022 to US$ 6215.2 million in 2029; it is expected to grow at a CAGR of 6215.2 from 2023 to 2029.

Global FRP Pipe key players include Future Pipe Industries (FPI), National Oilwell Varco (NOV), AMIBLU, Farassan, Fibrex, etc. Global top five manufacturers hold a share over 30%.

Europe is the largest market, with a share about 25%, followed by United States, and Middle East and Africa, both have a share about 40 percent.

In terms of product, Epoxy is the largest segment, with a share over 55%. And in terms of application, the largest application is Oil and Gas, followed by Municipal, Industrial, Agricultural Irrigation, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of FRP Pipe market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Polyester

Epoxy

Other

Segmentation by application

Oil and Gas

Municipal

Agricultural Irrigation

Industrial

Other Applications

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Future Pipe Industries (FPI)

National Oilwell Varco (NOV)

AMIBLU

Farassan

Fibrex

Lianyungang Zhongfu

Hengrun Group

Abu Dhabi Pipe Factory

Shawcor (ZCL Composites Inc)

Enduro Composites

Chemical Process Piping (CPP)

Graphite India Limited

Key Questions Addressed in this Report

What is the 10-year outlook for the global FRP Pipe market?

What factors are driving FRP Pipe market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do FRP Pipe market opportunities vary by end market size?

How does FRP Pipe break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.