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.

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.

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Glass Reinforced Plastics (GRP) Pipes Market Scope

The glass reinforced plastics (GRP) pipes market is segmented on the basis of type, resin type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Industrial Type
• Decorative Type

Resin Type

• Epoxy
• Polyester
• Vinyl Ester

 Application

• Oil and Gas
• Chemical
• Sewage
• Irrigation
• Others

Glass Reinforced Plastics (GRP) Pipes Market Regional Analysis/Insights

The glass reinforced plastics (GRP) pipes market is analysed and market size insights and trends are provided by country, type, resin type and application as referenced above.

The countries covered in the glass reinforced plastics (GRP) pipes market report are 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.

Asia-Pacific dominates the glass reinforced plastics (GRP) pipes market in terms of market share and revenue during the forecast period. This is due to the increasing demand for glass reinforced plastics (GRP) pipes in this region. The Asia-Pacific region leads the glass reinforced plastics (GRP) pipes market, with China due to the rising oil and gas exploration activities and increasing government orders on the industrial, processing, effluent collection and recycling in this region.

During the projected period, Europe is anticipated to be the fastest developing region due to growing demand from gas transportation and sewage application are the main factors which are responsible for market growth in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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Competitive Landscape and Glass Reinforced Plastics (GRP) Pipes Market Share Analysis

The glass reinforced plastics (GRP) pipes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to glass reinforced plastics (GRP) pipes market.

Some of the major players operating in the glass reinforced plastics (GRP) pipes market are:

• Saudi Arabian Amiantit Co (Saudi Arabia)
• Veplas d.d. (Slovenia)
• 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 (Slovenia)
• Pipelife Nederland B.V. (Austria)
• BASF SE (Germany)
• SONGWON (South Korea)
• Albemarle Corporation (US)
• Clariant (Switzerland)
• Akzo Nobel N.V (Netherlands)
• DOW (US)
• LANXESS (Germany)
• Evonik (Germany)
• Enduro Composites, Inc. (U.S)

TOC Of The Report :

• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights

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