Fiberglass Pipes Market Growing Demand and Huge Future Opportunities by 2030

The global fiberglass pipes Market is projected to be worth USD 7.1 Billion by 2030 at a CAGR of 6% over the forecast period of 2022-2030.

Glass fiber, polyester resin, and fillers are a few of the various elements that are used in making fiberglass pipes. Fiberglass pipes are beneficial because they resist corrosion and have a long life and high tensile strength. Fiberglass pipes have more beneficial qualities because they’re manufactured of two or more different components. They deliver stable performance even in adverse conditions and have a low electrical modulus.

The requisition for lightweight fiberglass pipes in the various end-user industries has developed due to the world’s rapid industrialization. The requirement for fuel distribution and rising oil and gas production both significantly contribute to the upgrade in demand for fiberglass pipes in the oil and gas industry. Due to its attributes, carrying its transparency, huge transport flow, high-temperature resistance, corrosion resistance, and ease of installation, fiberglass pipes are extensively exercised in the chemical sector. According to IBEF, India is the world’s fourth-largest producer of agrochemicals, behind China, Japan, and the United States. By 2025, it’s anticipated that investments in the Indian chemicals and petrochemicals sector will total USD 107.38 billion. The growth of the chemical sector may be augmented by an increase in demand for chemicals, especially in manufacturing, which would further increase demand for fiberglass pipes. Though, the rising cost of raw materials might hold up the market growth.

Download Report Sample Copy: https://www.marketresearchfuture.com/sample_request/2554

Regional Analysis

The global Fiberglass Pipes Market based on regions is segmented into four main geographies such as Asia- Pacific, Europe, North America, and the Rest of the World.

The Asia- Pacific region dominates the fiberglass pipes market shares and will continue to develop at a rapid pace during the projected period. This is due to the augmentation and growth of different end-user sectors in this area. Increasing economic development, rising urbanization, growing infrastructure development similar as the construction of sewage lines, expanding water distribution systems, and much more, as well as some other growth-inducing elements for this region China will make an appearance as the primary contributor from this area, as it’s the region’s significant exporter of oil and gas.

In Europe, the global Fiberglass Pipes market is forecasted to hold the second-largest share over the forecast period. The culturing need from the oil and gas industry and its utility sector, trenchless piping applications, sewer infrastructure upgrades, transportation of gas for the upcoming establishment of LNG terminals, increasing investments in the regional infrastructure development, the presence of a massive industrial effluent treatment and chemical processing companies in Spain, the UK, France, and Germany, strict GHG emission rules, and growing export of natural gas is adding to the global Fiberglass Pipes market share in the region.

Request for Customization: https://www.marketresearchfuture.com/ask_for_customize/2554

Market Segmentation

The Global Fiberglass Pipes Market has been segmented into the following types;

By Fiber type

• E-glass
• T-glass
• S-glass
• R-glass

By Application

• Oil and gas
• Chemicals
• Sewage
• Irrigation
• Others

By end-users

• Glass fiber reinforced plastic (GRP) pipes
• Glass-reinforced epoxy (GRE) pipes
• Others

Key players 

The Global Fiberglass Pipes Market’s major key players are Sarplast SA (Switzerland), Abu Dhabi Pipe Factory (UAE), Graphite India Limited (India), HOBAS  (Austria), Saudi Arabian Amiantit Co. (Saudi Arabia), National Oilwell Varco (US), Hengrun Group Co. Ltd. (China), Future Pipe Industries (UAE), Chemical Process Piping Pvt. Ltd. (India), Lianyungang ZhongfuLianzhong Composites Group Co. Ltd (China)

Read More About this Report: https://www.marketresearchfuture.com/reports/fiberglass-pipes-market-2554

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

 Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

Tags: Fiberglass Pipes Market, Fiberglass, Fiberglass Pipes See Campaign: https://www.marketresearchfuture.com/reports/fiberglass-pipes-market-2554

Contact Information:

Market Research Future® 99 Hudson Street,5Th Floor New York, New York 10013 United States of America Phone: +1 628 258 0071(US) +44 2035 002 764(UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com

Tags:
Wire, Research Newswire, English