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FRP/GRP/GRE Pipe Market by Type of Resin, by Fiber Type, by Application  & by Region - Global Trend and Forecasts to 2020

FRP/GRP/GRE Pipe Market: Forecasts until 2020

  • February 2015
  • 125 pages
  • ID: 3048057
In this report:
Major growth in Asia-Pacific FRP pipe market is due to the growth opportunities, considering significant demands from end application industries as chemical, oil and gas, retail fuel, water/waste water, and sewage.
The FRP pipe has wide industrial applications and new product launches are flagging the way for fulfilling the ever changing demand for various applications with better physical and mechanical properties.

Summary

Table of Contents

The overall FRP pipe market size in terms of value importance is expected to grow at a compound annual growth rate (CAGR) of 3.50 percent from 2015 to 2020 to reach $4.0B by 2020. Asia Pacific (APAC) held the biggest share in FRP pipe market in 2014. Main rise in Asia-Pacific FRP pipe market is due to the increase opportunities, considering significant demands from end application markets as chemical, oil and gas, retail fuel, water/waste water, and sewage. The FRP pipe market in Asia-Pac region is increasing at higher rate. The increasing chemical, textile, water/waste water, and sewage in these emerging countries helped the FRP pipe market to grow at a higher rate.

Agreement for technology use and new product launch were the best strategies approved by sector actors in order to preserve increase in the FRP pipe market. The FRP pipe has wide industrial applications and recent product launches are flagging the way for fulfilling the ever changing demand for different applications with better physical and mechanical properties. As a result of this, a diverse application base is developing for FRP pipes and replacing the conventional PVC and other plastics pipes. Market actors are focusing on development to meet the increasing demands from different application sectors.

The main players in the FRP pipes market are ZCL, Balaji fiber reinforced, Future pipe, NOV pipe, Ashland, Chemical Process Piping Pvt Ltd, lzfrp, Amiantit Company, Hobas and Graphite India.

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