Fiberglass Pipes Market Size, Trends & Industry Report, 2032

IMARC Group’s report titled “Fiberglass Pipes Market Report by Product Type (Glass Fiber Reinforced Plastic (GRP) Pipes, Glass Reinforced Epoxy (GRE) Pipes, and Others), Fiber Type (E-Glass, T-Glass/S-Glass/R-Glass, and Others), Production Process (Centrifugal Casting, Filament Winding, Pultrusion, and Others), Material (Polyester, Polyurethane, Epoxy, and Others), End User (Oil & Gas, Chemicals, Sewage, Irrigation, and Others), and Region 2024–2032”. The global fiberglass pipes market size reached US$ 4.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.2% during 2024–2032.

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Factors Affecting the Growth of the Fiberglass Pipes Industry:

• Increasing Demand in Various Industries:

Fiberglass pipes are highly sought after in various sectors such as oil & gas, chemical, water & wastewater treatment, irrigation, etc. due to their versatility and superior properties (high strength-to-weight ratio, corrosion resistance, long life, etc.). These industries prefer fiberglass pipes due to their durability, efficiency in transporting fluids, and reduced maintenance costs. The shift towards lightweight, corrosion-resistant materials and increased focus on extending the life of piping systems is driving the demand for fiberglass pipes.

• Regulatory and Environmental Considerations:

Strict environmental regulations and standards around the world are forcing industries to adopt eco-friendly and sustainable materials such as fiberglass pipes. These regulations often mandate the use of materials that contribute to reducing environmental impact with an emphasis on energy efficiency, reduced greenhouse gas emissions, and minimal disruption to ecosystems. Fiberglass pipes fit these standards well as they are known for their long life span and minimal maintenance. Fiberglass pipes do not corrode and can prevent leaks and spills, making them especially useful in protecting soil and groundwater from contamination and maintaining compliance with environmental and safety standards.

• Technological Advancements:

Continuous improvements in manufacturing techniques and material sciences are supporting market growth. Innovations aimed at enhancing the performance characteristics of fiberglass pipes, such as increased strength, flexibility, and resistance to harsh chemicals and temperatures, cater to a wider range of applications. Technological advancements are facilitating the development of customized solutions for specific industry needs, thus expanding market penetration. Moreover, the increasing focus on developing eco-friendly and sustainable production processes is in line with global environmental regulations, attracting investments.

Leading Companies Operating in the Global Fiberglass Pipes Industry:

• Abu Dhabi Pipe Factory LLC
• Amiblu Holding GmbH
• Chemical Process Piping Pvt Ltd
• Enduro Composites Inc.
• Fibrex Corporation
• Future Pipe Industries
• Graphite India Limited (The Emerald Company Ltd.)
• Gruppo Sarplast S.r.l.
• Hubei Apex Technology Co. Ltd.
• Nov Inc.
• Russel Metals
• Saudi Arabian Amiantit Company

Fiberglass Pipes Market Report Segmentation:

By Product Type:

• Glass Fiber Reinforced Plastic (GRP) Pipes
• Glass Reinforced Epoxy (GRE) Pipes
• Others

Glass reinforced epoxy (GRE) pipes represent the largest segment due to their high strength-to-weight ratio.

By Fiber Type:

• E-Glass
• T-Glass/S-Glass/R-Glass
• Others

E-glass holds the biggest market share as they are durable and easily available.

By Production Process:

• Centrifugal Casting
• Filament Winding
• Pultrusion
• Others

Filament winding accounts for the majority of the market share. IT allows for precise control over fiber placement and orientation, enabling the optimization of mechanical and physical properties of the final product.

By Material:

• Polyester
• Polyurethane
• Epoxy
• Others

Polyurethane represents the leading segment owing to its flexibility.

By End User:

• Oil & Gas
• Chemicals
• Sewage
• Irrigation
• Others

Oil and gas exhibit a clear dominance in the market driven by the increasing installation of fiberglass pipes for transporting oil.

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia Pacific’s dominance in the fiberglass pipes market is attributed to investment in research operations, leading to advanced technological developments in this field.

Global Fiberglass Pipes Market Trends:

Increase in urbanization and infrastructure development worldwide, especially in emerging economies, is driving the market growth. Expansion of urban areas requires infrastructure upgrades such as new water supply systems, sewerage, and drainage systems, and fiberglass pipes are increasingly preferred due to their long lifespan, low maintenance, and resistance to various environmental factors. As governments and private companies invest in modernizing infrastructure, there is an increasing demand for durable and efficient piping solutions like fiberglass pipes. This trend is further driven by the drive for sustainable urban expansion, and the long life and eco-friendly attributes of fiberglass pipes align well with green building practices and sustainability goals.

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