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Fiberglass Pipes - Global Market Trajectory & Analytics

  • ID: 4804926
  • Report
  • April 2021
  • Region: Global
  • 287 pages
  • Global Industry Analysts, Inc
Global Fiberglass Pipes Market to Reach $4.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Fiberglass Pipes estimated at US$3.6 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2027, growing at a CAGR of 3.6% over the analysis period 2020-2027. GRP, one of the segments analyzed in the report, is projected to record a 3.6% CAGR and reach US$2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the GRE segment is readjusted to a revised 3.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $974.8 Million, While China is Forecast to Grow at 6.5% CAGR

The Fiberglass Pipes market in the U.S. is estimated at US$974.8 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$973 Million by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.

Other Types Segment to Record 2.7% CAGR

In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 2.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$215.2 Million in the year 2020 will reach a projected size of US$252.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$652 Million by the year 2027, while Latin America will expand at a 3.5% CAGR through the analysis period.

Select Competitors (Total 44 Featured):
  • Abu Dhabi Pipe Factory LLC
  • Balaji Fiber Reinforced Pvt. Ltd.
  • Chemical Process Piping Pvt. Ltd.
  • Enduro Composites, Inc.
  • Future Pipe Industries LLC
  • Graphite India Ltd.
  • Hengrun Group Co., Ltd.
  • Hobas GRP Pipe Systems
  • Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
  • National Oilwell Varco, Inc.
  • Saudi Arabian AMIANTIT Company
  • ZCL Composites Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Fiberglass Pipes: A Primer
  • Oil & Gas and Sewage Applications Drive Demand for Fiberglass Pipes Consumption
  • Asia Pacific: The Largest Market
  • Challenges and Restraints
  • INNOVATIONS AND ADVANCEMENTS
  • Single Wall Carbon Nanotubes Containing Fiber Glass Pipes Provides Superlative Performance
  • PRODUCT OVERVIEW
  • Glass Reinforced Pipes
  • Key Features and Production Process
  • Advantages of Fiberglass or Composite Pipes
  • Glass Fiber Reinforced Plastic (GRP) / Glass Fiber Reinforced Epoxy (GRE) Pipes and their Applications
  • Applications of Fiberglass Pipes
  • Impact of Covid-19 and a Looming Global Recession
  • Usage of Reliable Fiber Glass Pipes in Chemicals and Oil & Gas Applications
  • Fiber Glass Pipes for Water & Wastewater Applications
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown
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