Global fiber reinforced plastic pipe Market - Upcoming Trends, Growth Drivers and Challenges – Forecast to -2018-2026
Summary -
A new market
study, titled “Global fiber reinforced
plastic pipe Market - Upcoming Trends, Growth Drivers and Challenges –
Forecast to -2018-2026” has been featured on WiseGuyReports.
FRP is a complex
material which is made of the polymer matrix and is reinforced with different
fibers like glass, carbon, and basalt. These fibers are used in various
industries such as aerospace, construction, and automotive.
Growing demand for
strong, lightweight pipes, the cost-effectiveness of the technology, and demand
from oil & gas industry are boosting the growth of the fiber reinforced
plastic pipe market. Increased innovation in the fiber reinforced plastic
pipes, GRP & GRE pipe market showing growth trends, and growth in oil exploration
activities are key opportunities of the market. Raw material prices are
unstable, and the lack of product awareness is limiting the growth of the
market.
Filament winding is
the market due to the winding process is quite easy as well as it is well
suited to automation without the need of any human intervention. Due to the
cost effectiveness and there are fewer chances of human error is also
increasing the growth of the filament winding segment in the fiber reinforced
plastic pipe market.
Chemical is the largest
application category in the FRP pipe market, with an expected contribution of
more than 40.0% in 2017. Due to withstand high temperatures and are corrosion
resistant are required. Fiber reinforced plastic pipes have a higher strength
to weight ratio. Epoxy is estimated to the largest material in the fiber
reinforced plastic pipe market, owing to the epoxy being very environmentally
as compared to other materials.
Most of the
industries are now accepting this process because it is resulting in the Asia
Pacific is the largest as well as the fastest growing market in the fiber
reinforced plastic pipe market owing to the rise in construction, and oil &
gas activities in the region. A growing focus of government to improve sewage
treatment facilities in the Asia Pacific is also driving the growth of the
market. Rise in construction activities in previous few years and people have
been resorting to the use of fiber reinforced pipes for their better thermal
resistant power is leading the second highest revenue share in the FRP pipe
market in Europe.
Some of the major
players operating in the fiber reinforced plastic pipe market are Enduro
Composites, Inc., Ershigs, Inc. (Denali incorporated), Fibrex FRP piping
systems, National Oilwell Varco, Inc., Sarplast SA, Saudi Arabian Amiantit
Company, Sekisui Chemical Co., ltd Saudi Arabian Amiantit Company, Chemical
Process Piping Pvt. Ltd., China National Building Material Company Limited,
Ershigs Inc., Future Pipes Industries L.L.C., Hengrun Group Co. Ltd., HOBAS,
National Oilwell Varco Inc., and Sekisui Chemical Co. Ltd., Sarplast SA.
The report covers a
comprehensive study of major market drivers, restrains, opportunities, challenges,
PESTEL, Porters, SWOT, and technological forecasting in the market.
The Scope of Global
Fiber Reinforced Plastic Pipe Market:
Global Fiber
Reinforced Plastic Pipe Market, By Product Type:
GRE pipe
GRP pipe
Other Product Types
Global Fiber
Reinforced Plastic Pipe Market, By Fiber Type:
E-Glass
T-Glass
Other Fiber Types
Global Fiber
Reinforced Plastic Pipe Market, By Process:
Centrifugal Casting
Filament Winding
Pultrusion
Other Process
Global Fiber
Reinforced Plastic Pipe Market, By Material:
Polyester
Polyurethane
Epoxy
Other Materials
Global Fiber
Reinforced Plastic Pipe Market, By Application:
Oil & Gas
Chemicals
Sewage
Irrigation
Other Applications
Global Fiber
Reinforced Plastic Pipe Market, By Region:
North America
Europe
Middle East &
Africa
Asia Pacific
South America
The Key Players
Operating In the Global Fiber Reinforced Plastic Pipe Market:
Enduro Composites,
Inc.
Ershigs, Inc.
(Denali incorporated)
Fibrex FRP piping
systems
National Oilwell
Varco, Inc.
Sarplast SA
Saudi Arabian
Amiantit Company
Sekisui Chemical
Co., ltd.
Saudi Arabian
Amiantit Company
Chemical Process
Piping Pvt. Ltd.
China National
Building Material Company Limited
Ershigs Inc.
Future Pipes
Industries L.L.C.
Hengrun Group Co.
Ltd.
HOBAS
National Oilwell
Varco Inc.
Sarplast SA.
FOR MORE DETAILS : https://www.wiseguyreports.com/reports/3925780-global-fiber-reinforced-plastic-pipe-market-industry-analysis
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