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Fiberglass Pipes Market Worth 4.11 Billion USD by 2021


News provided by

MarketsandMarkets

12 Apr, 2017, 10:30 GMT

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PUNE, India, April 12, 2017 /PRNewswire/ --

The report "Fiberglass Pipes Market by Type (GRP, GRE), Fiber (E-Glass, T-glass), Application (Oil & Gas, Chemicals, Sewage, Irrigation), and Region - Global Forecast to 2021 ", published by MarketsandMarkets™, In terms of value, the market was valued at USD 3.04 Billion in 2015, and is projected to reach USD 4.11 Billion by 2021, at a CAGR of 5.22% from 2016 to 2021.

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Browse 110 market data Tables and 44 Figures spread through 139 Pages and in-depth TOC on "Fiberglass Pipes Market"

http://www.marketsandmarkets.com/Market-Reports/fiberglass-pipe-market-210259599.html
Early buyers will receive 10% customization on this report.

The Fiberglass pipes market is driven by the increased production and exploration of oil & gas and the increasing demand for fiberglass pipes in sewage & water management applications. In addition, the high demand for fiberglass pipes in emerging economies is an opportunity in the fiberglass pipes market.

Request for Sample PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=210259599

GRE pipes comprise a major share of the fiberglass pipes market in terms of value 

GRE pipes is the leading type segment of fiberglass pipes used for various applications, such as chemicals, oil & gas, sewage, and so on. The GRE pipes constituted the largest market share in the global fiberglass pipes market in 2015. Various properties and advantages associated with GRE pipes in applications including chemicals and oil & gas are driving its market.

Sewage is the largest application market for fiberglass pipes 

Fiberglass pipes are majorly used in water and sewage management. Fiberglass pipes are corrosion resistant, cost-effective, light in weight, and durable. Fiberglass pipes offer less frictional losses as the C-value for the design does not deteriorate over time. Thus, fiberglass pipes provide good hydraulic efficiency and are suitable for ground and underground sewage applications. In sewage pipes application, fiberglass pipes are utilized in water treatment plants, metallurgy sewage facilities, wastewater treatment plants, industrial effluents treatment plants, and other such establishments. Improving the sanitary conditions and industrial sewage management has been the major thrust of governments and private bodies in many Asia-Pacific countries.

Asia-Pacific accounts for the major share of the fiberglass pipes market 

Asia-Pacific accounts for the largest share of Fiberglass Pipes Market, globally, due to the high demand for these pipes as they offer low maintenance and long product span in comparison to conventional materials such concrete and metallic pipes. The increasing demand is observed in applications such as sewage, chemicals, and others. The RoW region is expected to be the fastest-growing market for fiberglass pipes from 2016 to 2021.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=210259599

Some of the key leading global players in the fiberglass pipes market are Future Pipe Industries (UAE), Balaji Fiber Reinforced Plastics Ltd. (India), Chemical Process Piping Pvt. Ltd. (India), Graphite India Limited (India), Hobas (Austria), Saudi Arabian Amiantit Co. (Saudi Arabia), National Oilwell Varco (U.S.), ZCL Composites Inc. (Canada), Abu Dhabi Pipe Factory (UAE), Enduro Composites Inc. (U.S.), and others. These players have adopted various organic and inorganic developmental strategies during the past five years.

Browse Related Reports:

FRP/GRP/GRE Pipe Market by Type of Resin (Polyster, Polyurethane, Epoxy, Others), by Fiber Type (Glass Fiber, Carbon Fiber), by Application (Oil And Gas, Sewage Pipe, Irrigation and Others) & by Region - Global Trend and Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/frp-pipe-market-136989073.html

GFRP Composites Market by Resin Type (Polyester, Vinyl Ester, Polyurethane), Process (Manual Process, Compression Molding, Continuous Process, Injection Molding), Application (Wind Energy, Transportation, Marine, Pipe & Tanks) - Global Forecast to 2026
http://www.marketsandmarkets.com/Market-Reports/glass-fiber-reinforced-plastic-composites-market-142751329.html

Subscribe Reports from Chemicals & Materials Domain: http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
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MarketsandMarkets™
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Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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