Global Fiberglass Pipes Market Segments 2024, Forecast To 2033
5 Mar, 2024
The fiberglass pipes market size has grown from $5 billion in 2023 to $5.32 billion in 2024 at a CAGR of 6.5%. Growth is driven by demand in oil and gas and sustainable construction. Expected to reach $6.88 billion in 2028, factors include water infrastructure investment and smart cities development.
Global Fiberglass Pipes Market Key Driver
The fiberglass pipes market is set to grow with increasing exploration activities in the oil and gas sectors. These sectors heavily rely on water injection to maintain production, causing corrosion and erosion issues. Fiberglass pipes, being non-corrosive, are used to balance pressure. In 2021, the US oil drilling and gas extraction market was worth $463.8 billion, with the gas and oil sector generating $110.7 billion in revenue. The rising exploration activities in the oil and gas sectors drive the growth of the fiberglass pipes market.
Get A Free Sample Of The Global Fiberglass Pipes Market ReportGlobal Fiberglass Pipes Market Segments
The fiberglass pipes market covered in this report is segmented –
1) By Type: Glass Reinforced Plastic, Glass Reinforced Epoxy, Other Types
2) By Fiber: T-Glass, E-Glass, Other Fibers
3) By End Use: Oil And Gas, Chemicals, Sewage, Irrigation, Other End Uses
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the fiberglass pipes Market in 2023. The regions covered in the fiberglass pipes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Fiberglass Pipes Industry Players
Graphite India Limited; NOV Inc.; Saudi Arabian Amiantit Company; HOBAS International GmbH; Chemical Process Piping Pvt. Ltd.; Fibrex Corporation; Abu Dhabi Pipe Factory LLC; Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd.; Future Pipe Industries Inc.; Sarplast SA; ZCL Composites Inc.; Hengrun Group Co. Ltd.; Sekisui Chemical Co. Ltd.; Pittsburgh Plate Glass Company; Balaji Fiber Reinforce Pvt. Ltd.; Shawcor Ltd.; Amiblu Holding GmbH; EPP Composites Pvt. Ltd.; Kuzeyboru AS; Poly Plast Chemi Plants (I) Pvt. Ltd.; Plasticon Germany GmbH; Kurotec-KTS GmbH; Enduro Composites Inc.; Flowtite Technology AS; Fiberglass Tank & Pipe Institute; Fiberglass Fabricators Inc.; Fibrex FRP Piping Systems; Fibro Plastichem India Pvt. Ltd.; Fibrotech Industries; Fibrox Plastichem India Pvt. Ltd.; Fibsol GmbH; Fibtech Composite Industries; Fibtex Industries; Fibxol Polymers Pvt. Ltd.; Filament Windings Inc.; Flowtite South Africa; Fibre Reinforced Plastic Manufacturing Inc.; Future Pipe Industries LLC
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AIOps Fiberglass Pipes Market Overview
A fiberglass pipe refers to a pipe made from a composite material such as glass fiber-reinforced plastic, which consists of a polymer matrix reinforced with fibers. It includes aggregates, granules, platelet fillers, thixotropic agents, and pigments or dyes. Since it is lightweight and corrosion-resistant, it is used in several industries for water and natural gas transportation.
Fiberglass Pipes Global Market Report 2023 provides data on the global fiberglass pipes market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The fiberglass pipes market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.