Fiberglass Pipe Market Analysis 2017: Driven by Robust Growth in APAC Shipping Industry - Research and Markets
The "Fiberglass
Pipe Market, 2014-2025" report has been added to Research
and Markets' offering.
The global fiberglass pipes market is expected to reach USD 6.19 billion
by 2025. The market is expected to witness a CAGR of 5.6% over the
forecast period, owing to increasing demand from various end-use
industries is key factor driving the growth of fiberglass pipes market.
In addition, robust growth in shipping industry in Asia Pacific is
further fueling the demand over the forecast period.
Fiberglass pipes are composite materials which have combined properties
of two or more materials such as glass fibers and resins, that are used
in various end-use industries such as chemicals and irrigation.
Fiberglass pipes market is mainly driven by the demand from the oil &
gas, chemicals and irrigation, as they are exposed to various intricate
environment during transportation of natural gas and in water supply.
In terms of revenue, GRE pipe, an epoxy resin reinforced composite pipe,
accounted as the largest product type in 2016 and is anticipated to
continue its trends with a growth rate of 5.3% over the forecast period.
Increasing need for pipes that are low in weight and possess superior
properties are the key factors anticipated to propel the market growth.
The demand for fiberglass pipes is expected to surge owing to the
development of new ports in the Asia Pacific region. Different types of
resins, glass fibers are used in the manufacturing process for various
applications in end use to provide various properties like resistance to
abrasion, fire retardant, corrosion resistance, and light weight.
Various types of pipes such as GRE, GRP, GRVE pipes are available to
cater to the various requirement of the application industry.
Companies Mentioned
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Kemrock Industries and Exports Limited
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Apex Western Fiberglass, Inc.
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HOBAS Pipes International GmbH
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Andronaco Industries
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Future Pipe Industries
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Sarplast SA
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Fibrex Construction Group
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FCX Performance
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PPG Industries, Inc.
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Hengrun Group Co., Ltd.
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Enduro Composites, Inc.
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Saudi Arabian Amiantit Company
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ZCL Composites, Inc.
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Graphite India Limited
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National Oilwell Varco, Inc.
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends, and Scope
Chapter 4 Fiberglass Pipes Market: Product Estimates & Trend Analysis
Chapter 5 Fiberglass Pipes Market: Fiber Estimates & Trend Analysis
Chapter 6 Fiberglass Pipes Market: End-use Estimates & Trend Analysis
Chapter 7 Fiberglass Pipes Market: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/8ggtz7/fiberglass_pipe
View source version on businesswire.com: http://www.businesswire.com/news/home/20171006005278/en/
Copyright Business Wire 2017
Source: Business Wire
(October 6, 2017 - 5:22 AM EDT)
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