Global Wire Thread Inserts Market Growth 2023-2029
According to our LPI (LP Information) latest study, the global Glass Reinforced Epoxy Pipes market size was valued at US$ 1788.1 million in 2022. With growing demand in downstream market, the Glass Reinforced Epoxy Pipes is forecast to a readjusted size of US$ 2613.4 million by 2029 with a CAGR of 5.6% during review period.
The research report highlights the growth potential of the global Glass Reinforced Epoxy Pipes market. Glass Reinforced Epoxy Pipes are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Glass Reinforced Epoxy Pipes. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Glass Reinforced Epoxy Pipes market.
Glass Reinforced Epoxy or GRE pipes are a valid alternative to carbon steel pipes especially for corrosive, aggressive and normal environments.
GRE pipe technology is based on the Discontinuous Filament Winding process using high strength fiberglass (E-glass) and amine cured epoxy resin as basic material. Numerically controlled machines manufacture the product on a mandrel according to the cross section filament winding process. The continuous glass fibers are helically wound at predetermined angles and bonded with the epoxy resin.
Lightweight and easy to handle and install GRE pipes have a smooth internal surface that reduces friction and enables a high pipe flow capacity. Low thermal conductivity of GRE pipes in comparison to steel (only 1% of steel values), minimizes the cost of insulation and the heat loss. Another major benefit of GRE pipes is that once installed they are virtually maintenance-free.
Global key players of glass reinforced epoxy pipes include Future Pipe Industries(FPI), National Oilwell Varco(NOV), Amiantit, Shandong Ocean Pipe, Advanced Piping Solutions, etc. The top five players hold a share about 40%. Asia-Pacific is the largest market, has a share about 30%. In terms of product type, High Pressure GRE Pipe is the largest segment, occupied for a share of 50%, and in terms of application, Oil & Gas has a share about 38 percent.
Key Features:
The report on Glass Reinforced Epoxy Pipes market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Glass Reinforced Epoxy Pipes market. It may include historical data, market segmentation by Type (e.g., Standard GRE Pipe, High Pressure GRE Pipe), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Glass Reinforced Epoxy Pipes market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Glass Reinforced Epoxy Pipes market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Glass Reinforced Epoxy Pipes industry. This include advancements in Glass Reinforced Epoxy Pipes technology, Glass Reinforced Epoxy Pipes new entrants, Glass Reinforced Epoxy Pipes new investment, and other innovations that are shaping the future of Glass Reinforced Epoxy Pipes.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Glass Reinforced Epoxy Pipes market. It includes factors influencing customer ' purchasing decisions, preferences for Glass Reinforced Epoxy Pipes product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Glass Reinforced Epoxy Pipes market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Glass Reinforced Epoxy Pipes market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Glass Reinforced Epoxy Pipes market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Glass Reinforced Epoxy Pipes industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Glass Reinforced Epoxy Pipes market.
Market Segmentation:
Glass Reinforced Epoxy Pipes market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Standard GRE Pipe
High Pressure GRE Pipe
Segmentation by application
Oil & Gas
Mining
Ship and Marine
Industrial
Other
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)
Amiantit
Shandong Ocean Pipe
Advanced Piping Solutions
Lianyungang Zhongfu
Abu Dhabi Pipe Factory
Amerplastics
Chemical Process Piping(CPP)
HLB
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glass Reinforced Epoxy Pipes market?
What factors are driving Glass Reinforced Epoxy Pipes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glass Reinforced Epoxy Pipes market opportunities vary by end market size?
How does Glass Reinforced Epoxy Pipes break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.