High-pressure pipes made of high-strength synthetic fiber are known as reinforced thermoplastic pipes. They are made up of three layers. The outer layer, which is usually black or white in color, protects against UV rays. Reinforced tape, which is compounded by reinforced material such as polyester and aramid fiber, makes up the intermediate layer. A protective layer is the third layer. Flexible composite pipes are another name for reinforced thermoplastic pipes. Thermal insulation, heat resistance, anticorrosion, high pressure resistance, and stability are among the benefits they have. During the forecast period, these factors are expected to drive the reinforced thermoplastic pipes market.
MARKET DYNAMICS
The demand for reinforced thermoplastic pipes is being driven by their growing usage in end-use industries such as transportation, expansion in the offshore oil and gas industry, and widespread adoption. Metal tubing, which are resistant to corrosion and reaction with fluids, are used in a variety of industries. These pipes will result in financial losses. As a result, governments and government departments are enforcing stringent controls on the usage of metal pipes in the industrial sector. The demand for reinforced thermoplastic pipes is growing because of this. However, in the coming years, the high cost of reinforced thermoplastic pipes and their installation cost is likely to restrain market growth.
MARKET SCOPE
The "Global Reinforced Thermoplastic Pipes Market Analysis to 2028" is a specialized and in-depth study of the Reinforced thermoplastic pipes Market with a special focus on the global market trend analysis. The report aims to provide an overview of Reinforced thermoplastic pipes market with detailed market segmentation by inner layer material, reinforced material type and application. The global reinforced thermoplastic pipes market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading reinforced thermoplastic pipes market player and offers key trends and opportunities in the reinforced thermoplastic pipes market.
MARKET SEGMENTATION
The global reinforced thermoplastic pipes market is segmented on the basis of inner layer material, reinforced material type and application. On the basis of inner layer material the market is bifurcated as, polyamide, polyethylene, other. Based on reinforced material type the market is bifurcated as, aramid, steel, other. On the basis of application the market is segmented as, oil and gas, irrigation and other.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global reinforced thermoplastic pipes market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The reinforced thermoplastic pipes market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting reinforced thermoplastic pipes Market from both demand and supply side and further evaluates market dynamics effecting 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, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the reinforced thermoplastic pipes market in these regions.
MARKET PLAYERS
The reports cover key developments in the reinforced thermoplastic pipes market 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 way for expansion of business and customer base of market players. The market players from reinforced thermoplastic pipes market are anticipated to lucrative growth opportunities in the future with the rising demand for reinforced thermoplastic pipes market. Below mentioned is the list of few companies engaged in the Reinforced thermoplastic pipes market.
The report also includes the profiles of key reinforced thermoplastic pipes market 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 last 3 years, key development in past five years.
- Wienerberger AG
- Bekaert
- TechnipFMC plc
- Amiantit Group
- Cosmoplast Industrial Company
- Magma Global Limited
- Pestec
- Wellstream Flexibles
- Aerosun Corporation
- Strohm B.V.
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