FRP Pipe Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026


January 20th,2023/Industry News Global/ — This new report from Stratview Research analyses the FRP Pipe Market over the trend period from 2014 to 2019 and the forecast period from 22021 to 2026. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.

FRP Pipe Market Overview:

FRP pipe market is likely to record a V-shaped recovery in the Pandemic, with recovery taking place from 2021 onwards, ultimately pushing the market to cross the unprecedented figure of US$ 5.75 billion in 2026.

Key Players:

  • Amiantit Fiberglass Industries Limited
  • Amiblu Holding GmbH
  • Farassan Man. & Ind. Company
  • Future Pipe Industries
  • Hengrun Group Co. Ltd.
  • Kinflare Group
  • Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
  • National Oilwell Varco Fiberglass Systems
  • Sekisui Chemicals
  • WIG Wietersdorfer Holding GmbH.

The FRP Pipe Market is segmented by–

  • By Application Type (Oil & Gas, Industrial [Chemical, Power & Desalination Plants, and Others], Water/Wastewater [Sewer & Storm Water, Water Transmission & Distribution, Drainage, and Others], and Marine & Offshore [Marine and Offshore]),
  • By Resin Type (Polyester, Vinyl Ester, and Epoxy),
  • By Diameter Type(<18”, 18”-60”, >60”),
  • By Manufacturing Process Type (Filament Winding, Centrifugal Casting, Hand Lay-up, Spray Lay-up, and Others),
  • By Pressure Rating Type (<150PSI, 150-300PSI, and >300PSI)
  • By Region (North America, Europe, Asia-Pacific, Middle East, and RoW)

Get access to a deeper coverage of the impact of COVID-19 on this Market here:

Regional analysis:

Asia-Pacific is currently the leading FRP pipe market in the world and is estimated to maintain its unassailable lead in the foreseen future. Among regions, Asia-Pacific is also estimated to register the least impact from the pandemic in both, short as well as long term. China is the world’s leading producer as well as consumer of FRP pipes with higher use in the industrial and water/wastewater applications. The country is estimated to generate substantial demand for FRP pipes, in the long run, managing its lead in the global marketplace in the years to come. India, a relatively small market, is likely to generate a huge demand for FRP pipes in the coming five years.

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