Fiberglass Pipes Market- By Type , By Fiber Types , By Application , By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030

Report Code: CMR 66368 Report Format: PDF + Excel
Fiberglass Pipes Market Size is forecast to reach $ 8431 Million by 2030, at a CAGR of 6% during forecast period 2024-2030. Fiberglass pipes are corrosion resistance and long service life, superior flow characteristics, low installation cost, minimum maintenance cost and exceptional performance against pressures and high capacity load of product would promulgate industry growth over the forecast timeframe.
 
Report Coverage
The report: “Fiberglass Pipes Market- Forecast (2025-2031)”, by IndustryARC, covers an in-depth analysis of the following segments of the Fiberglass Pipes Industry.
 
By Type: GRP, GRE and Others.
By Fiber Types: E-Glass, S-Glass, T-Glass, R-Glass, A-Glass, C-Glass and Others.
By Application: Oil and Gas, Chemicals, Sewage, Irrigation, Fire and safety, Paper and Pulp, Water Treatment and Others.
By Geography: North America, South America, Europe, APAC, and RoW.
 
Key Takeaways
  • Asia-Pacific dominates the Fiberglass pipes market owing to increasing demand in the developing countries where government spending large amount on water & waste management.
  • Rising demand for lightweight, corrosion resistance, and durable pipe lines in the several countries owing to the associated high project cost for pipeline installation for heavy pipes and material in major construction projects.
  • The use of these pipelines in oil & gas industry is rising due to the rising demand of fuel & natural gas. Transportation of natural gas through pipeline is more cost efficient and economical as compared to transportation of gas through LNG vessels. This is a major factor which is expected to drive the demand for fiberglass pipe market in near future. 
  • The high raw material cost is a major restraint for the growth of the global fiberglass pipes market.
By Types - Segment Analysis
 
The GRE pipes segment held the largest share in the Fiberglass Pipes Market in 2019. These pipes offer different features including dimensional stability, light weight, ease of installation, and resistance to corrosion, in comparison to the conventional metallic and concrete pipes. Owning to this, the use of GRE segment of fiberglass pipes in oil & gas, sewage, and chemicals industry is growing. Water treatment sector is the primary market of the GRE pipes. In the last couple of decade there is a transition in the water treatment market is observed because of the growing population and the rising demand of fresh water. The change in trend is due to advancements in water treatment technology and growing demand for potable water especially in the developing regions worldwide. These factors influence the use of GRE pipes in the water treatment industry.
 
By Fiber Types - Segment Analysis
 
The E-Glass segment held the largest share in the Fiberglass pipes market in 2019. It is alumino-borosilicate glass. It is also used in applications that require particularly high protection against acidic corrosion. It is used for manufacturing high end pipes. These high end pipes are resistant to oils, solvents and most chemical agents. With their property of high strength, light weight, smooth inner and outer surface, the pipes are perfectly suited for trenchless applications like micro tunneling and relining. They are also use in sewer systems, potable water lines, storage tanks, drainage pipes, hydropower penstocks and industrial pipe line systems. Chemical sector is the primary market of the E-Glass segment. With the significant rise production of chemicals from petroleum (and increasingly from coal and biomass) has seen many technological changes and the development of very large production sites throughout the world. These creates the rise in the demand of E-Glass in these production plants. This factor will drive the growth of market in the forecast period.
 
By Application - Segment Analysis
 
Oil & gas industry has been the primary market for Fiberglass pipes in 2019 growing at CAGR of 9%. The market is highly influenced by emerging countries in Asia Pacific, South & Central America and Middle East & Africa. This is attributed to the energy & infrastructure reforms initiated to upgrade their ageing infrastructure and meet their energy needs owing to rapid growth development in these regions. In addition, chemical Industries is one of the established and rapidly growing markets in Europe and North America. Fiberglass pipe growth in North America and Europe is augmented by the falling prices of natural gas, which is used as feedstock in many chemical processing industries. The coronavirus pandemic has had far-reaching consequences beyond the spread of the disease and efforts to quarantine it. As the pandemic has spread around the globe, concerns have shifted from supply-side manufacturing issues to decreased business therefore, it hinder the growth of fiberglass pipes market. One of the linchpins of global economy is the oil and gas industry, more specifically oil. The appearance of Corona virus in December 2019 in China and gradual expansion of the epidemic drastically brought down demand and price of the crude oil. Global level travel bans along with grounding of international flights leads to heavy reduction in consumption of aviation turbine fuel (ATF) across the globe. COVID-19’s spread across 175 countries means the virus is bound to affect international travel for a longer period of time. It is expected that global oil demand may shrink by 15-20 million barrels for day due to Corona effect including extensive lockdown. This factor will hamper the growth of market for the year 2020.
 
Geography - Segment Analysis
 
Asia-Pacific (APAC) dominated the Fiberglass Pipes market with a share of 44% followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. In emerging economies such as China, India and Japan where energy demand is rapidly growing, preference for natural gas as a replacement for coal is a growing trend. Importing natural gas has a high price attached to it, but transportation through pipeline is preferred as an economical option when compared to transportation of gas through large LNG vessels. Fiberglass pipes are majorly used in water and sewage management.
 
Drivers - Fiberglas Pipes Market
 
Rise in the use of fiberglass pipes in the sewage application will drive the market
 
Fiberglass pipes are corrosion resistant, cost-effective, light in weight, and durable. Fiberglass pipes offer less frictional losses as the C-value for the design does not deteriorate over time. Thus, fiberglass pipes provide good hydraulic efficiency and are suitable for ground and underground sewage applications. In sewage pipes application, fiberglass pipes are utilized in water treatment plants, metallurgy sewage facilities, wastewater treatment plants, industrial effluents treatment plants, and other such establishments. Improving the sanitary conditions and industrial sewage management has been the major thrust of governments and private bodies in many Asia-Pacific countries. This factor will drive the growth of the market in the forecast period.
 
Revival in oil exploration at global level
 
The oil & gas industry has the primary market for Fiberglass pipes market. Revival in oil exploration at global level followed by increase in demand for crude oil, LPG and Natural Gas is expected to drive the demand for fiberglass pipe in the coming years. Due to the property of chemical resistant they are best in the use for pipelines in the oil field. Secondly, due to its low cost they are widely used by oil refinery.
 
Challenges – Fiberglass Pipes Market
 
High price of raw materials
 
The cost of manufacturing fiberglass pipe is high due to the high price of its raw materials. 
Key raw materials used for manufacturing GRP pipe include resins, fiberglass, catalysts, and accelerator. The industries which manufacturing these fiberglass pipes are increasing its price every year.  This factor will challenge industry and affect Fiberglass pipe market price trend.
 
Market Landscape
 
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Fiberglass pipes market. In 2019, the market of fiberglass pipes has been consolidated by the top five players accounting for xx% of the share. Major players in the fiberglass pipes market are Fibrex Corporation, Future Pipe Industries, National Oilwell Varco, Amiantit Company.
 
Acquisitions/Technology Launches/ Product Launches
  • In December 2018, PPG announced its agreement for the acquisition of Whitford Worldwide Company. The company manufactures low-friction and non-stick coatings that are used in industrial applications and consumer products.
  • In January 2018, Applied Industrial Technologies announced the agreement to acquire engineered valves, instruments, pumps, and lifecycle services distributor, FCX Performance, Inc. The acquisition will help the companies to enhance their positions as leading industrial distributors.

1. Fiberglass Pipes Market - Overview
        1.1 Definitions and Scope
2. Fiberglass Pipes Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Fiberglass Pipes Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Fiberglass Pipes Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Fiberglass Pipes Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Fiberglass Pipes Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Fiberglass Pipes Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Fiberglass Pipes Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Other Pipes
9. Fiberglass Pipes Market - By Type (Market Size -$Million / $Billion)
        9.1 Fiberglass Pipes Market By Fiber Type
            9.1.1 E-Glass
            9.1.2 T-Glass/S-Glass/R-Glass
            9.1.3 Others
10. Fiberglass Pipes - By Application Type (Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Oil & Gas
                 10.3.1.1 Pipelines for Oil & Gas Production
                 10.3.1.2 Downhole Tubing
                 10.3.1.3 Refinery Piping
                 10.3.1.4 Marine Piping on Vessels
                 10.3.1.5 Pipe System for Fuel Handling & Storage
                 10.3.1.6 Offshore Platform Piping
                 10.3.1.7 Floats & Dredging
            10.3.2 Chemicals
            10.3.3 Sewage Pipes
            10.3.4 Irrigation
            10.3.5 Other Applications
                 10.3.5.1 Fire & Safety
                 10.3.5.2 Paper & Pulp
            10.3.6 GRP Pipe Market By Application
                 10.3.6.1 Oil & Gas
                 10.3.6.2 Chemicals
                 10.3.6.3 Sewage
                 10.3.6.4 Irrigation
                 10.3.6.5 Other Applications
            10.3.7 GRE Pipes Market By Application
                 10.3.7.1 Oil & Gas
                 10.3.7.2 Chemicals
                 10.3.7.3 Sewage Pipes
                 10.3.7.4 Irrigation
                 10.3.7.5 Other Applications
11. Fiberglass Pipes- By Geography (Market Size -$Million / $Billion)
        11.1 Fiberglass Pipes Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Fiberglass Pipes- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Fiberglass Pipes- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Fiberglass Pipes - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Fiberglass Pipes - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Fiberglass Pipes Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Fiberglass Pipes Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Fiberglass Pipes Market - Key Company List by Country Premium
15. Fiberglass Pipes Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Abu Dhabi Pipe Factory
        15.3 Balaji Fiber Reinforced Pvt. Ltd.
        15.4 Chemical Process Piping Pvt. Ltd.
        15.5 Future Pipe Industries
        15.6 HOBAS
        15.7 National Oilwell Varco
        15.8 ZCL Composites Inc.
        15.9 Company 8
        15.10 Company 9 & More

*Financials would be provided on a best efforts basis for private companies

16. Fiberglass Pipes Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Fiberglass Pipes Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

 

LIST OF TABLES

1.Global Fiberglass Pipes Market By Type Market 2023-2030 ($M)
2.Global Fiberglass Pipes Market By Fiber Type Market 2023-2030 ($M)
2.1 E-Glass Market 2023-2030 ($M) - Global Industry Research
2.2 T-Glass/S-Glass/R-Glass Market 2023-2030 ($M) - Global Industry Research
3.Global Fiberglass Pipes Market By Type Market 2023-2030 (Volume/Units)
4.Global Fiberglass Pipes Market By Fiber Type Market 2023-2030 (Volume/Units)
4.1 E-Glass Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 T-Glass/S-Glass/R-Glass Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Fiberglass Pipes Market By Type Market 2023-2030 ($M)
6.North America Fiberglass Pipes Market By Fiber Type Market 2023-2030 ($M)
6.1 E-Glass Market 2023-2030 ($M) - Regional Industry Research
6.2 T-Glass/S-Glass/R-Glass Market 2023-2030 ($M) - Regional Industry Research
7.South America Fiberglass Pipes Market By Type Market 2023-2030 ($M)
8.South America Fiberglass Pipes Market By Fiber Type Market 2023-2030 ($M)
8.1 E-Glass Market 2023-2030 ($M) - Regional Industry Research
8.2 T-Glass/S-Glass/R-Glass Market 2023-2030 ($M) - Regional Industry Research
9.Europe Fiberglass Pipes Market By Type Market 2023-2030 ($M)
10.Europe Fiberglass Pipes Market By Fiber Type Market 2023-2030 ($M)
10.1 E-Glass Market 2023-2030 ($M) - Regional Industry Research
10.2 T-Glass/S-Glass/R-Glass Market 2023-2030 ($M) - Regional Industry Research
11.APAC Fiberglass Pipes Market By Type Market 2023-2030 ($M)
12.APAC Fiberglass Pipes Market By Fiber Type Market 2023-2030 ($M)
12.1 E-Glass Market 2023-2030 ($M) - Regional Industry Research
12.2 T-Glass/S-Glass/R-Glass Market 2023-2030 ($M) - Regional Industry Research
13.MENA Fiberglass Pipes Market By Type Market 2023-2030 ($M)
14.MENA Fiberglass Pipes Market By Fiber Type Market 2023-2030 ($M)
14.1 E-Glass Market 2023-2030 ($M) - Regional Industry Research
14.2 T-Glass/S-Glass/R-Glass Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Fiberglass Pipes Market Revenue, 2023-2030 ($M)
2.Canada Fiberglass Pipes Market Revenue, 2023-2030 ($M)
3.Mexico Fiberglass Pipes Market Revenue, 2023-2030 ($M)
4.Brazil Fiberglass Pipes Market Revenue, 2023-2030 ($M)
5.Argentina Fiberglass Pipes Market Revenue, 2023-2030 ($M)
6.Peru Fiberglass Pipes Market Revenue, 2023-2030 ($M)
7.Colombia Fiberglass Pipes Market Revenue, 2023-2030 ($M)
8.Chile Fiberglass Pipes Market Revenue, 2023-2030 ($M)
9.Rest of South America Fiberglass Pipes Market Revenue, 2023-2030 ($M)
10.UK Fiberglass Pipes Market Revenue, 2023-2030 ($M)
11.Germany Fiberglass Pipes Market Revenue, 2023-2030 ($M)
12.France Fiberglass Pipes Market Revenue, 2023-2030 ($M)
13.Italy Fiberglass Pipes Market Revenue, 2023-2030 ($M)
14.Spain Fiberglass Pipes Market Revenue, 2023-2030 ($M)
15.Rest of Europe Fiberglass Pipes Market Revenue, 2023-2030 ($M)
16.China Fiberglass Pipes Market Revenue, 2023-2030 ($M)
17.India Fiberglass Pipes Market Revenue, 2023-2030 ($M)
18.Japan Fiberglass Pipes Market Revenue, 2023-2030 ($M)
19.South Korea Fiberglass Pipes Market Revenue, 2023-2030 ($M)
20.South Africa Fiberglass Pipes Market Revenue, 2023-2030 ($M)
21.North America Fiberglass Pipes By Application
22.South America Fiberglass Pipes By Application
23.Europe Fiberglass Pipes By Application
24.APAC Fiberglass Pipes By Application
25.MENA Fiberglass Pipes By Application
26.Abu Dhabi Pipe Factory, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Balaji Fiber Reinforced Pvt. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Chemical Process Piping Pvt. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Future Pipe Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.HOBAS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.National Oilwell Varco, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.ZCL Composites Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)