Welcome Guest! | login
US ES

Fiberglass Pipes Market 2024 Is Booming Across The future, Key Segments And Forecast To 2032

user image 2024-12-27
By: ramfuture
Posted in: news

Market Analysis 

The global Fiberglass Pipes Market will touch USD 8.06 billion at a 4.56% CAGR between the forecast period 2024- 2032, states the recent Market Research Future (MRFR) analysis. Fiberglass pipes, simply put, are composite products that are developed from glass fiber reinforcements that are enclosed via thermosetting resin. These types in comparison to traditional pipes, possess high durability, superior strength, high tensile strength, virtually inert, and low density, and superior mechanical properties. 

Various factors are propelling the global fiberglass pipes market growth. According to the recent MRFR report, such factors include extensive usage of fiberglass in the infrastructure and construction industry, increased use of fiberglass composites in the automotive industry, low maintenance costs in comparison to traditional pipes, increased exploration and production activities in the oil and gas industry, increasing demand in the water management and sewage applications, and the rapid development of emerging economies. 

On the contrary, the availability of substitutes like carbon fiber and aluminium, fluctuations in raw material costs, challenges in the production process, cost-intensive nature of new technologies, and the current COVID-19 impact are factors that may limit the global fiberglass pipes market growth over the forecast period. 

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global fiberglass pipes market based on types, application, and end users. 

By types, the global fiberglass pipes market is segmented into S-glass, E-glass, R-glass, D-glass, A-glass, C-glass, and others. The others segment is again segmented into AR-glass and ECR-glass. Of these, E-glass segment will lead the market over the forecast period. 

By application, the global fiberglass pipes market is segmented into composites and insulation. Of these, the composites segment will dominate the market over the forecast period. 

By end user, the global fiberglass pipes market is segmented into industrial, electrical, pharmaceutical, construction, aerospace, automotive, and others. The others segment is again segmented into wind energy and petrochemicals. Of these, the construction segment will spearhead the market over the forecast period. 

Regional Analysis 

By region, the fiberglass pipes market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the APAC region will dominate the market over the forecast period. The constant rise in infrastructural projects in India and China, increased focus to build industrial and chemical applications, waste-water applications, and urban structures, high demand for fiberglass pipes , decreased labor cost, increasing focus on emission control policies, growing need for eco-friendly products, technological advances in composites, and replacement of aluminium and steel with fiberglass are adding to the global fiberglass pipes market growth in the region. 

In North America, the global fiberglass pipes market is predicted to have healthy growth over the forecast period. Increasing oil and gas exploration and shale gas activities is adding to the global fiberglass pipes market growth in the region. 

In Europe, the global fiberglass pipes market is predicted to have sound growth over the forecast period. Demand for high strength materials like fiberglass by premium car manufacturers, increasing application in the automotive sector, and growing usage of fiberglass in the construction industry are adding to the global fiberglass pipes market growth in the region. 

In the LAMEA, the global fiberglass pipes market is predicted to have steady growth over the forecast period. 

Company Overview

Key contenders profiled in the global fiberglass pipes market report include Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd (China), Chemical Process Piping Pvt. Ltd. (India), Future Pipe Industries (UAE), Hengrun Group Co., Ltd. (China), National Oilwell Varco (US), Saudi Arabian Amiantit Co. (Saudi Arabia), HOBAS (Austria), Graphite India Limited (India), Abu Dhabi Pipe Factory (UAE), and Sarplast SA (Switzerland). 

Browse More Related Reports:

https://www.marketresearchfuture.com/reports/light-olefin-market-1037  

https://www.marketresearchfuture.com/reports/barium-fluoride-market-1636  

https://www.marketresearchfuture.com/reports/phosphate-market-1921  

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to 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 answer your most important questions.

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  

Tags

Dislike 0
ramfuture
ramfuture

ramfuture


offline
Followers:
bestcwlinks willybenny01 beejgordy quietsong vigilantcommunications avwanthomas audraking askbarb artisticsflix artisticflix aanderson645 arojo29 anointedhearts annrule rsacd
Recently Rated:
stats
Blogs: 1162
a