Remarkable industry insights and know-how of the greatest  Glass Reinforced Plastics (GRP) Pipes Market opportunities into the significant markets required for successful business growth can be gained with the best Glass Reinforced Plastics (GRP) Pipes Market research report. All the data and information covered here helps businesses in refining their strategic decision making. Furthermore, the statistical and numerical data such as facts and figures are signified very properly in the report by using charts, tables or graphs. Businesses can achieve current as well as upcoming technical and financial details of the industry to 2030 with the high quality Glass Reinforced Plastics (GRP) Pipes Market report.

Several factors covered in the credible Glass Reinforced Plastics (GRP) Pipes Market report comprise industry outlook with respect to critical success factors (CSFs), industry dynamics that mainly covers drivers and restraints, market segmentation & value chain analysis, key opportunities, application and technology outlook, regional or geographical insight, country-level analysis, key company profiles, competitive landscape, and company market share analysis. The report also gives CAGR value fluctuations during the forecast period of 2023-2030 for the market. Depending on client’s requirements, huge amount of business, product and market related information has been brought together via this large scale Glass Reinforced Plastics (GRP) Pipes Market report that eventually helps businesses create better strategies.

Global Glass reinforced plastics (GRP) pipes as an alternative to steel piping which was first introduced in 1948. Due to the lack of metallic components in this material made it immune to the corrosion methods which outbreak subterranean metal pipes. By the 1970s, GRP pipes grown extensive application, mainly in trunk mains. Various standards and specifications have since developed to govern the use of Global Glass reinforced plastics (GRP) piping for different industries, including BS EN 1796, AWWA C950, and BS 8010, among others. Growing demand for durable, lightweight, and high-strength pipes for wastewater management and chemical supply in industrial applications is anticipated to boost the market growth.

Data Bridge Market Research analyses that the glass reinforced plastics (GRP) pipes market was valued at USD 3.76 billion in 2021 and is expected to reach USD 5.27 billion by 2029, registering a CAGR of 4.32% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Explore Further Details about This Research Glass Reinforced Plastics (GRP) Pipes Market Report https://www.databridgemarketresearch.com/reports/global-glass-reinforced-plastics-grp-pipes-market

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Industrial Type, Decorative Type), Resin Type (Epoxy, Polyester, Vinyl Ester), Application (Oil and Gas, Chemical, Sewage, Irrigation, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Saudi Arabian Amiantit Co (Saudi Arabia), Veplas d.d. (Solvenia), Future Pipe Industries (UAE), Enduro (Us), Amiblu Holding GmbH (Austria), Harwal Group of Companies (UAE), Graphite India Limited (India), Fibrex (US), Smithlinecomposites (UAE), Industrial Plastic Systems (US), China National Building Material Group Corporation (China), Technobell Technology (Solvenia), Pipelife Nederland B.V. (Austria), BASF SE (Germany), SONGWON (South Korea), Albemarle Corporation (US), Clariant (Switzerland), Akzo Nobel N.V (Netherland), DOW (US), LANXESS (Germany) Evonik (Germany), Enduro Composites, Inc. (U.S)

Market Opportunities

  • Increase in the number of emerging markets
  • Increasing number of product innovations
  • Rise in strategic collaborations
  • Economic sustainability
  • Rise the demand in several industries.

Market Definition

Glass-reinforced plastic (GRP) is a complex material which is consisting of plastic reinforced with fine glass fibers. These fibers may be flattened as a sheet, arranged randomly, or woven to make a fabric-like material. A plastic resin is then covered onto the glass fibers to produce combined uniform material. This resin may contain polyester, epoxy, vinyl ester, polypropylene or polyurethane. The glass fibers in GRP have mechanical properties which are roughly comparable to another types of fibers, for example carbon fiber. However, glass fibers are more flexible, cheaper and lighter than their carbon counterpart which is making it an ideal reinforcing agent for various polymer products.

Glass Reinforced Plastics (GRP) Pipes Market Dynamics

Drivers

  • Rise the demand in wastewater treatment

The wastewater treatment application will constitute over 21% of the global intake during forecast. Raw water or Processed has large demand in numerous applications including washing, processing, and cooling in manufacturing industries such as automotive, chemical, pulp and paper, metal and mining, pharmaceuticals, power, oil and gas and textiles. The increasing water contamination due to industrial activities along with freshwater shortage in developing areas has led to strict government rules on water reuse and recycle projects. These factors will be the significantly driving GRP piping in wastewater treatment facilities.

  • Rise in demand due to adoption of epoxy resins

Epoxy GRP pipes have larger properties, such as resistance to abrasion and corrosion, low friction, high insulation, etc., that make them the ideal choice in the oil and gas region as they increase the flow capacity of resources. Due to the cross-linked structure makes epoxy-based piping significantly which robust compared to ensure its impact resistance and thermostability.

  • Rising Hydrocarbon Exploration and Production

Glass reinforced plastics piping systems are working in the oil and gas industry for offshore platform piping systems, gas transmission lines, subsea piping systems, floating production storage, injection lines for gas and water, crude oil transmission, flow lines, exploration, and refinery piping systems. The increasing hydrocarbon production and exploration activities are anticipated to drive the demand during forecast period.

Opportunities

  • Economic sustainability

The durability and long lifetime of GRP products for example, fittings prove and Amiable pipes useful with respect to business budgets: GRP products money and save time in that they do not need any on-site welding works or heavy lifting gear, feature and generally long maintenance-free service life which will act as market drivers and further increase beneficial opportunities for the market's growth rate.

How Glass Reinforced Plastics (GRP) Pipes Market Report Would Be Beneficial?

  • Anyone who are directly or indirectly connected in value chain of  Glass Reinforced Plastics (GRP) Pipes Market industry and needs to have Know-How of market trends
  • Marketers and agencies doing their due diligence
  • Analysts and vendors looking for Glass Reinforced Plastics (GRP) Pipes Market intelligence about Glass Reinforced Plastics (GRP) Pipes Market Industry
  • Competition who would like to correlate and benchmark themselves with market position and standings in current scenario

Why choose Data Bridge Market Research?

  • Modern technologies, such as artificial intelligence, to provide updated industry growth.
  • DBMR team provides clients with the top notch Glass Reinforced Plastics (GRP) Pipes Market research report.
  • Interaction with research scientists and development heads to understand the nature of the Glass Reinforced Plastics (GRP) Pipes Market more precisely.
  • 24/7 availability of services.
  • Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.

DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Glass Reinforced Plastics (GRP) Pipes Market size

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