The global demand for Fiberglass Pipes Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Fiberglass pipes are made up of composite materials which have collective properties of various materials such as glass fibers, polyester resins, and fillers. These pipes find uses in various end-use industries such as chemicals, oil, and gas, irrigation, etc. Fiberglass is manufactured from different raw materials such as E-glass, A-glass, C-glass, S-glass and AE-glass. A fiberglass pipe provides exceptional mechanical strength and low modulus of electricity. The principal characteristic of the material is a high strength-to-weight ratio to resist high pressures conditions.
Market Dynamics
The growing demand from end-use industries owing to the various benefits such as long durability, excellent tensile strength, low installation costs, and corrosion resistance is the key factor driving the growth of the fiberglass pipes market. The rising oil & gas production is expected to create a considerable demand for fiberglass in the coming years. Moreover, the growing demand for corrosion- resistant, lightweight and durable pipelines in numerous countries due to the linked high cost of pipeline installation for heavy pipes and material is likely to create more demand for fiberglass pipes. Furthermore, the ever-increasing in population has amplified the demand for oil, fuel, and gas to meet daily requirements, which will positively impact the market of fiberglass pipes.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of fiberglass pipes.
Market Segmentation
The entire fiberglass pipes market has been sub-categorized into product, fiber and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- GRE Pipes
- GRP Pipes
- Others
By Fiber
- E-Glass
- T-Glass/ S-Glass/ R-Glass
- Others
By End User
- Oil & Gas
- Chemicals
- Sewage
- Irrigation
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for fiberglass pipes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Fiberglass Pipes Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fiberglass pipes market include Kemrock Industries and Exports Limited, Apex Western Fiberglass, Inc., HOBAS Pipes International GmbH, Andronaco Industries, Future Pipe Industries, Sarplast SA, Fibrex Construction Group, FCX Performance, PPG Industries, Inc., Hengrun Group Co., Ltd., Enduro Composites, Inc., Saudi Arabian Amiantit Company, ZCL Composites, Inc., Graphite India Limited, National Oilwell Varco, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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