GRP pipes market is expected to reach USD 2.32 billion by 2027 and growing at a growth rate of 3.80% in the forecast period of 2020 to 2027. GRP pipes market report analyses the growth, which is currently being growing due to the growing strict regulations on wastewater collection and treatment.

GRP pipes provide the inherent strength, are lightweight and impermeable to adverse weather conditions, making it suitable for outdoor use. They are highly resistant to chemical corrosion, and are simple to manufacture and mount.

The increasing demand for high strength, durable, and lightweight pipelines for water, wastewater, and chemical supply for industrial applications, swift urbanization spurring the utility sector, growing worldwide demand for ensuring water supply to viable agricultural land are some of the factors expected to propel the growth of the GRP pipes market in the forecast period of 2020-2027. On the other hand, the rising popularity of GRP pipes will further create several opportunities that will lead to the growth of the GRP pipes market in the above mentioned period.          

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The major players covered in the GRP pipes market report are Saudi Arabian Amiantit, Future Pipe Industries, Amiblu Holding GmbH, Columbus McKinnon Corporation, di Sarplast SA, Weihua Group, Hobas, FIBREX, Enduro, Beetle Plastics, Smit Group, LLC, Abu Dhabi Pipe Factory LLC, Balaji Fiber Reinforce Private Limited, Chemical Process Piping Pvt Ltd, Graphite India Ltd., Enduro Composites, Inc., National Oilwell Varco, Industrial Plastic Systems, Hanwei Energy Services Corp and Amiblu Holding GmbH among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Scope of the GRP Pipes Market Report: 

GRP pipes market is segmented on the basis of type, resin type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.   

• On the basis of type, the GRP pipes market is segmented into industrial type and decorative type.
• On the basis of resin type, the GRP pipes market is segmented into epoxy, polyester, and vinyl ester.
• On the basis of application, the GRP pipes market is segmented into oil gas, chemical, sewage, irrigation, and others.

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GRP Pipes Market Regional Analysis/Insights

The GRP Pipes market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the GRP Pipes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement GRP Pipes within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement GRP Pipes market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.