Global GRP Pipes Market

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Global GRP Pipes Market is expected to grow
to USD 8.66 Billion by 2025 at a CAGR of 5.16
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Market Overview The gases fiber reinforced
plastic (GRP) pipes market is growing due to the
growth in the petroleum industry, its excellent
utility for transporting chemicals, a worldwide
emphasis on public utilities as well as for
transporting water to be used for irrigation
purposes. GRP pipes offer inherent strength, are
lightweight and are impervious to adverse weather
conditions, making them ideal for outdoor
purposes. They are very resistant to corrosion
from chemicals and are easy to manufacture and
install. They offer superior hydraulic
characteristics, can be precision coupled, and
have a very long service life. Get Free Sample
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• Key Players
• Saudi Arabian Amiantit Co. (Saudi Arabia)
• Future Pipe Industries (UAE)
• Hengrun Group Co., Ltd. (China)
• National Oilwell Varco (US)
• FLOWTITE Technology AS. (Norway)
• Columbus McKinnon Corporation (US)
• Sarplast SA (Switzerland)
• Weihua Group (China)
• Amiblu Holding GmbH (Austria)
• FIBREX Fiberglass Pipe Manufacturer, FRP Pipes,
  GRP Pipes (US)
• Enduro (US)
• Beetle Plastics (US)
• Smit Group, LLC (US)
• Browse Complete Report Details
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  ipes-market-8262

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• Market Drivers
• Growth of the oil gas industry
• Growth of the chemical industry in developing
  nations
• Increasing worldwide demand for ensuring water
  supply to viable agricultural land.
• Rapid urbanization spurring the utility sector

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By Resin The GRP pipes market can be divided
based on their constituent resin into three
categories, namely epoxy, polyester, and vinyl
ester. Of the three, the largest market share
belongs to epoxy GRP pipes due to their utility
in the petroleum and chemical industries. Epoxy
GRP pipes offer enhanced strength, great
corrosion resistance against both chemicals and
the environment, as well as a very long service
life. They are used to transport crude oil,
petroleum, gas, chemicals, and chemical waste.
Polyester GRP pipes are inferior to epoxy GRP
pipes in all categories except cost and ease of
manufacturing. This ensures the use of polyester
GRP pipes within the utility and agricultural
sectors. By End-Use The oil gas industry is
the largest market within this segment, and it is
rapidly growing. Oil and gas transportation is
carried out either by pipelines or by tankers,
with pipelines being far more cost-effective.
More than 70 of the of the crude oil gas
within the US was shipped by pipelines in 2014.
Innovations in the GRP pipes market is ensuring
the steady growth of this percentage and it is
acting as a driver for this market. 
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