Market Introduction
The global FRP/GRP/GRE Pipe Market is growing at a significant pace due to the increasing demand from the oil & gas and wastewater treatment industries. The FRP/GRP/GRE pipe Market size is projected to reach USD 6.05 Billion by 2030, growing at a CAGR of 5.30% from 2023 to 2030.
FRP/GRP/GRE pipes are made of fiber-reinforced plastic, glass-reinforced plastic, or composite material. These pipes offer high strength, durability, and chemical resistance. They are widely used in various applications such as oil & gas transportation, sewage & water treatment, chemical processing, and others.
The oil & gas industry is one of the major end users of FRP/GRP/GRE pipes. The use of these pipes in this industry has increased due to their ability to transport corrosive fluids and gases. Moreover, these pipes are also being used in the wastewater treatment industry for carrying effluents with high temperatures and pressure.
The Asia-Pacific region is the largest market for FRP/GRP/GRE pipes due to the presence of a large number of oil & gas and wastewater treatment plants in this region. North America and Europe are also significant markets for these pipes due to the growing demand from various end-use industries in these regions.
Market Overview
The major drivers for the market growth are the increasing demand for these pipes from the oil & gas and water & wastewater treatment industries, and the superior properties of FRP/GRP/GRE pipes compared to traditional metal pipes.
FRP/GRP/GRE pipes are made of glass fiber reinforced plastic (GFRP), which is a composite material consisting of reinforcing fibers embedded in a resin matrix. These pipes are manufactured using various processes, such as filament winding, pultrusion, and lay-up techniques. They offer superior strength and durability compared to traditional metal pipes, making them ideal for use in aggressive environments such as those found in the oil & gas and water & wastewater treatment industries. Furthermore, their light weight makes them easier to transport and install than metal pipes, which reduces project costs.
The rising demand for these pipes from end-use industries is driving the growth of the FRP/GRP/GRE pipe market. In addition, the adoption of stringent environmental regulations regarding effluent discharge is expected to further boost market growth over the forecast period. However, high raw material costs and challenges associated with recycling are some of the key factors restraining market growth.
Covid-19 Impact on FRP/GRP/GRE Pipe Market:
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt on many end-use industries directly affected the chemical demand all around the world.
Report Includes
An overview of the global FRP/GRP/GRE Pipe market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2030. It also includes breakdowns of the overall FRP/GRP/GRE Pipe market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the FRP/GRP/GRE Pipe market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the FRP/GRP/GRE Pipe market for components from 2023 through 2030
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides detailed insights into the market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The global FRP/GRP/GRE pipe market is segmented on the basis of type, material, end-use industry, and geography.
On the basis of type, the FRP/GRP/GRE pipe market is classified into three segments: pressure pipes, sewerage pipes, and drainage pipes. The pressure pipes segment held the largest share of the global FRP/GRP/GRE pipe market in 2021. This is attributed to increasing demand from various end-use industries such as oil & gas and chemical & petrochemical for use in transporting aggressive fluids at high temperatures and pressures.
On the basis of material, the FRP/GRP/GRE pipe market is classified into four segments: glass fiber reinforced plastic (GFRP), carbon fiber reinforced plastic (CFRP), aramid fiber reinforced plastic (AFRP), and others. The GFRP segment held the largest share of the global FRP/GRP/GRE pipe market in 2018. This is attributed to the superior properties offered by GFRP pipes such as a high strength-to-weight ratio, low thermal expansion coefficient, good resistance to chemical attacks, and ease of fabrication.
On the basis of end-use industry, the FRP/GRP/GRE pipe market is classified into five segments: oil & gas, chemical & petrochemical, water & wastewater treatment, construction & mining, and others.
Global FRP/GRP/GRE Pipe Market Competitive Analysis:
Key players in the Global FRP/GRP/GRE Pipe market are
National Oilwell Varco, Inc.
The Saudi Arabian Amiantit Company
ZCL Composites Inc.
Future Pipe Industries (L.L.C.)
HOBAS System Polska Sp. z o.o.
Graphite India Limited
Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
Abu Dhabi Pipe and Profile Industries Complex L.L.C.
Hengrun Group Co Ltd.
Enduro Composites, Inc and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2021 to 2030. The global FRP/GRP/GRE Pipe market is distributed on the basis of below-mentioned segments:
Global FRP/GRP/GRE Pipe market, By Type:
The global FRP/GRP/GRE Pipe Market is growing at a significant pace due to the increasing demand from the oil & gas and wastewater treatment industries. The FRP/GRP/GRE pipe Market size is projected to reach USD 6.05 Billion by 2030, growing at a CAGR of 5.30% from 2023 to 2030.
FRP/GRP/GRE pipes are made of fiber-reinforced plastic, glass-reinforced plastic, or composite material. These pipes offer high strength, durability, and chemical resistance. They are widely used in various applications such as oil & gas transportation, sewage & water treatment, chemical processing, and others.
The oil & gas industry is one of the major end users of FRP/GRP/GRE pipes. The use of these pipes in this industry has increased due to their ability to transport corrosive fluids and gases. Moreover, these pipes are also being used in the wastewater treatment industry for carrying effluents with high temperatures and pressure.
The Asia-Pacific region is the largest market for FRP/GRP/GRE pipes due to the presence of a large number of oil & gas and wastewater treatment plants in this region. North America and Europe are also significant markets for these pipes due to the growing demand from various end-use industries in these regions.
Market Overview
The major drivers for the market growth are the increasing demand for these pipes from the oil & gas and water & wastewater treatment industries, and the superior properties of FRP/GRP/GRE pipes compared to traditional metal pipes.
FRP/GRP/GRE pipes are made of glass fiber reinforced plastic (GFRP), which is a composite material consisting of reinforcing fibers embedded in a resin matrix. These pipes are manufactured using various processes, such as filament winding, pultrusion, and lay-up techniques. They offer superior strength and durability compared to traditional metal pipes, making them ideal for use in aggressive environments such as those found in the oil & gas and water & wastewater treatment industries. Furthermore, their light weight makes them easier to transport and install than metal pipes, which reduces project costs.
The rising demand for these pipes from end-use industries is driving the growth of the FRP/GRP/GRE pipe market. In addition, the adoption of stringent environmental regulations regarding effluent discharge is expected to further boost market growth over the forecast period. However, high raw material costs and challenges associated with recycling are some of the key factors restraining market growth.
Covid-19 Impact on FRP/GRP/GRE Pipe Market:
The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt on many end-use industries directly affected the chemical demand all around the world.
Report Includes
An overview of the global FRP/GRP/GRE Pipe market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2030. It also includes breakdowns of the overall FRP/GRP/GRE Pipe market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the FRP/GRP/GRE Pipe market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the FRP/GRP/GRE Pipe market for components from 2023 through 2030
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides detailed insights into the market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The global FRP/GRP/GRE pipe market is segmented on the basis of type, material, end-use industry, and geography.
On the basis of type, the FRP/GRP/GRE pipe market is classified into three segments: pressure pipes, sewerage pipes, and drainage pipes. The pressure pipes segment held the largest share of the global FRP/GRP/GRE pipe market in 2021. This is attributed to increasing demand from various end-use industries such as oil & gas and chemical & petrochemical for use in transporting aggressive fluids at high temperatures and pressures.
On the basis of material, the FRP/GRP/GRE pipe market is classified into four segments: glass fiber reinforced plastic (GFRP), carbon fiber reinforced plastic (CFRP), aramid fiber reinforced plastic (AFRP), and others. The GFRP segment held the largest share of the global FRP/GRP/GRE pipe market in 2018. This is attributed to the superior properties offered by GFRP pipes such as a high strength-to-weight ratio, low thermal expansion coefficient, good resistance to chemical attacks, and ease of fabrication.
On the basis of end-use industry, the FRP/GRP/GRE pipe market is classified into five segments: oil & gas, chemical & petrochemical, water & wastewater treatment, construction & mining, and others.
Global FRP/GRP/GRE Pipe Market Competitive Analysis:
Key players in the Global FRP/GRP/GRE Pipe market are
National Oilwell Varco, Inc.
The Saudi Arabian Amiantit Company
ZCL Composites Inc.
Future Pipe Industries (L.L.C.)
HOBAS System Polska Sp. z o.o.
Graphite India Limited
Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
Abu Dhabi Pipe and Profile Industries Complex L.L.C.
Hengrun Group Co Ltd.
Enduro Composites, Inc and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2021 to 2030. The global FRP/GRP/GRE Pipe market is distributed on the basis of below-mentioned segments:
Global FRP/GRP/GRE Pipe market, By Type:
- Glass Fiber
- Carbon Fiber
- Vinylester
- Epoxy
- Others
- Oil and Gas
- Sewage Pipe
- Irrigation
- Others
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
FRP/GRP/GRE Pipe MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2023-2030
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global FRP/GRP/GRE Pipe Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Segment 1
- 5.2.1. Sub-Segment 1
- 5.2.2. Sub-Segment 2
- 5.3. Market Analysis, Insights and Forecast – By Segment 2
- 5.3.1. Sub-Segment 1
- 5.3.2. Sub-Segment 2
- 5.3.3. Sub-Segment 3
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Segment 3
- 5.4.1. Sub-Segment 1
- 5.4.2. Sub-Segment 2
- 5.4.3. Sub-Segment 3
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America FRP/GRP/GRE Pipe Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Segment 1
- 6.2.1. Sub-Segment 1
- 6.2.2. Sub-Segment 2
- 6.3. Market Analysis, Insights and Forecast – By Segment 2
- 6.3.1. Sub-Segment 1
- 6.3.2. Sub-Segment 2
- 6.3.3. Sub-Segment 3
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Segment 3
- 6.4.1. Sub-Segment 1
- 6.4.2. Sub-Segment 2
- 6.4.3. Sub-Segment 3
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America FRP/GRP/GRE Pipe Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Segment 1
- 7.2.1. Sub-Segment 1
- 7.2.2. Sub-Segment 2
- 7.3. Market Analysis, Insights and Forecast – By Segment 2
- 7.3.1. Sub-Segment 1
- 7.3.2. Sub-Segment 2
- 7.3.3. Sub-Segment 3
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Segment 3
- 7.4.1. Sub-Segment 1
- 7.4.2. Sub-Segment 2
- 7.4.3. Sub-Segment 3
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe FRP/GRP/GRE Pipe Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Segment 1
- 8.2.1. Sub-Segment 1
- 8.2.2. Sub-Segment 2
- 8.3. Market Analysis, Insights and Forecast – By Segment 2
- 8.3.1. Sub-Segment 1
- 8.3.2. Sub-Segment 2
- 8.3.3. Sub-Segment 3
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Segment 3
- 8.4.1. Sub-Segment 1
- 8.4.2. Sub-Segment 2
- 8.4.3. Sub-Segment 3
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific FRP/GRP/GRE Pipe Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Segment 1
- 9.2.1. Sub-Segment 1
- 9.2.2. Sub-Segment 2
- 9.3. Market Analysis, Insights and Forecast – By Segment 2
- 9.3.1. Sub-Segment 1
- 9.3.2. Sub-Segment 2
- 9.3.3. Sub-Segment 3
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Segment 3
- 9.4.1. Sub-Segment 1
- 9.4.2. Sub-Segment 2
- 9.4.3. Sub-Segment 3
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa FRP/GRP/GRE Pipe Market Analysis (USD Billion), Insights and Forecast, 2021-2030
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Segment 1
- 10.2.1. Sub-Segment 1
- 10.2.2. Sub-Segment 2
- 10.3. Market Analysis, Insights and Forecast – By Segment 2
- 10.3.1. Sub-Segment 1
- 10.3.2. Sub-Segment 2
- 10.3.3. Sub-Segment 3
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Segment 3
- 10.4.1. Sub-Segment 1
- 10.4.2. Sub-Segment 2
- 10.4.3. Sub-Segment 3
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2021
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.3.1. Company 1
- 11.3.1.1. Business Overview
- 11.3.1.2. Segment 1 & Service Offering
- 11.3.1.3. Overall Revenue
- 11.3.1.4. Geographic Presence
- 11.3.1.5. Recent Development
- 11.3.2. Company 2
- 11.3.3. Company 3
- 11.3.4. Company 4
- 11.3.5. Company 5
- 11.3.6. Company 6
- 11.3.7. Company 7
- 11.3.8. Company 8
- 11.3.9. Company 9
- 11.3.10. Company 10
- 11.3.11. Company 11
- 11.3.12. Company 12
- 11.3.1. Company 1
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
