COPYRIGHT © DIGITAL JOURNAL INC. Sitemaps: XML / News. Digital Journal is not responsible for the content of external sites. Read more about our external linking
Data Bridge Market Research analyses that the glass reinforced plastics (GRP) pipes market was valued at USD 3.76 billion in 2021 and is expected to reach USD 5.27 billion by 2029, registering a CAGR of 4.32% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Glass Reinforced Plastics (GRP) Pipes Market research report delivers key data about the product portfolios, product values, company profiles, shares, and contact data for the company. This promotional market document on the worldwide market also represents all the regions as well as countries across the globe, which showcase a regional manufacturing status, such as volume, market size, value and price details. It also represents a brief summary of sales, revenue share, demand/supply data, and market growth analysis during the predicted period. Glass Reinforced Plastics (GRP) Pipes business report showcases an overall mapping of the industry vendors and the analysis of the competitive landscape.
Market Definition
Glass-reinforced plastic (GRP) is a complex material which is consisting of plastic reinforced with fine glass fibers. These fibers may be flattened as a sheet, arranged randomly, or woven to make a fabric-like material. A plastic resin is then covered onto the glass fibers to produce combined uniform material. This resin may contain polyester, epoxy, vinyl ester, polypropylene or polyurethane. The glass fibers in GRP have mechanical properties which are roughly comparable to another types of fibers, for example carbon fiber. However, glass fibers are more flexible, cheaper and lighter than their carbon counterpart which is making it an ideal reinforcing agent for various polymer products.
Access PDF Sample Report (Including Graphs, Charts & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-glass-reinforced-plastics-grp-pipes-market
Some of the major players operating in the glass reinforced plastics (GRP) pipes market are:
Drivers
The wastewater treatment application will constitute over 21% of the global intake during forecast. Raw water or Processed has large demand in numerous applications including washing, processing, and cooling in manufacturing industries such as automotive, chemical, pulp and paper, metal and mining, pharmaceuticals, power, oil and gas and textiles. The increasing water contamination due to industrial activities along with freshwater shortage in developing areas has led to strict government rules on water reuse and recycle projects. These factors will be the significantly driving GRP piping in wastewater treatment facilities.
Epoxy GRP pipes have larger properties, such as resistance to abrasion and corrosion, low friction, high insulation, etc., that make them the ideal choice in the oil and gas region as they increase the flow capacity of resources. Due to the cross-linked structure makes epoxy-based piping significantly which robust compared to ensure its impact resistance and thermostability.
Glass reinforced plastics piping systems are working in the oil and gas industry for offshore platform piping systems, gas transmission lines, subsea piping systems, floating production storage, injection lines for gas and water, crude oil transmission, flow lines, exploration, and refinery piping systems. The increasing hydrocarbon production and exploration activities are anticipated to drive the demand during forecast period.
Opportunities
The durability and long lifetime of GRP products for example, fittings prove and Amiable pipes useful with respect to business budgets: GRP products money and save time in that they do not need any on-site welding works or heavy lifting gear, feature and generally long maintenance-free service life which will act as market drivers and further increase beneficial opportunities for the market’s growth rate.
The future of the global glass reinforced plastic (GRP) market is attractive with opportunities in several end use industries, including wind energy, transportation, marine, pipe and tank, construction consumer goods, , electrical and electronics, and aerospace.
Restraints/ Challenges
However, fluctuation in the cost for raw materials which causes a variation in the rates for end-product. This aspect is anticipated to hamper the growth of the Glass Reinforced Plastics (GRP) piping systems market during the forecast period. Moreover, the use of GRP plastic is also held back owing to health related issues. Filament and Centrifugal casting winding are the best common methods which used in GRP pipe manufacturing. In centrifugal casting, the exterior diameter of the pipe is constant and produces high-quality products. Furthermore, this process is not so lucrative, thus it is anticipated to restrain the market growth.
This glass reinforced plastics (GRP) pipes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the glass reinforced plastics (GRP) pipes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Access Full Report: https://www.databridgemarketresearch.com/reports/global-glass-reinforced-plastics-grp-pipes-market
The glass reinforced plastics (GRP) pipes market is segmented on the basis of type, resin type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Resin Type
Application
Glass Reinforced Plastics (GRP) Pipes Market Regional Analysis/Insights
The Glass Reinforced Plastics (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 Glass Reinforced Plastics (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 Glass Reinforced Plastics (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 Glass Reinforced Plastics (GRP) Pipes market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
The report answers questions such as:
Buy this Premium Report@ https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-glass-reinforced-plastics-grp-pipes-market
Browse More DBMR Reports:
Healthcare Personal Protective Equipment Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-healthcare-personal-protective-equipment-market
Macroencapsulation Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-macroencapsulation-market
Functional Apparel Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-functional-apparel-market
Personal Protective Gloves Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-personal-protective-gloves-market
Carbon Black for Textile Fibers Market – Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/global-carbon-black-for-textile-fibers-market
Coated Glass Market – Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/global-coated-glass-market
Ceramics Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-ceramics-market
Buildtech Textiles Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-buildtech-textiles-market
GRP Pipes Market – Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/global-grp-pipes-market
Ultra Thin Glass Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-ultra-thin-glass-market
Porous Ceramic Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-porous-ceramic-market
Eco Fiber Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-eco-fiber-market
Glass Reinforced Plastics (GRP) Pipes Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-glass-reinforced-plastics-grp-pipes-market
Plastic Stabilizer Market – Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/global-plastic-stabilizer-market
Building and Construction Glass Market – Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/global-building-and-construction-glass-market
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
Contact Us:
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com