MARKET OVERVIEW
The Glass Reinforced Plastics (GRP) Piping market is the industry that produces and sells piping systems made of glass fibers and resin. These pipes are used in various applications, such as water supply, sewage, and irrigation, and are known for their high strength, corrosion resistance, and durability. This makes them suitable for use in harsh environments and applications where traditional materials may not be suitable. The growing demand for durable and long-lasting piping systems in the water and wastewater treatment, oil and gas, and chemical industries are driving the growth of the GRP piping market.
MARKET DYNAMICS
The glass reinforced plastic piping market is anticipated to grow during the forecast period owing to driving factors such as ever-growing demand for energy and water resources. The increasing acceptance of GRP piping systems in onshore and offshore oilfields further boosts market growth. However, volatile raw material prices and restrictions on landfill disposal hinder the glass reinforced plastic piping market growth. Nonetheless, environment-friendly innovations offer growth opportunities for the glass reinforced plastic piping market and the key players involved.
MARKET SCOPE
The "Global Glass Reinforced Plastic Piping Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of glass reinforced plastic piping market with detailed market segmentation by resin, application, and geography. The global glass reinforced plastic piping market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading glass reinforced plastic piping market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global glass reinforced plastic piping market is segmented on the basis of resin and application. Based on resin, the market is segmented as epoxy, polyester, vinyl ester, and others. On the basis of the application the market is segmented as oil & gas, chemicals, wastewater treatment, irrigation, water supply, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global glass reinforced plastic piping market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (Asia Pacific), Middle East and Africa (Middle East Africa) and South & Central America. The glass reinforced plastic piping market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting glass reinforced plastic piping market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, Asia Pacific, Middle East Africa, and South & Central America after evaluating political, economic, social and technological factors affecting the glass reinforced plastic piping market in these regions.
MARKET PLAYERS
The reports cover key developments in the glass reinforced plastic piping market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from glass reinforced plastic piping market are anticipated to lucrative growth opportunities in the future with the rising demand for glass reinforced plastic piping in the global market. Below mentioned is the list of few companies engaged in the glass reinforced plastic piping market.
The report also includes the profiles of key glass reinforced plastic piping companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Composite Pipes Industry LLC
- Enduro Composites, Inc.
- Fibrex Corporation
- Future Pipe Industries
- Graphite India Limited
- Harwal Group
- Sarplast SA
- Saudi Arabian Amiantit Company
- Smithline Reinforced Composites FZC
- TECHNOBELL Ltd