Fiberglass Pipe Market was estimated at USD 3.83 billion in 2016 and is expected to reach USD 6.19 billion by 2025, with a CAGR of 5.6%. Fiberglass pipe is used for potable water use ranging in size from 1inch through 144 inches in diameter. The pressure classes range for such fiberglass from 50 psi through 250 psi. The design defines different stiffness categories and also about the exterior loading applied to the pipe. Benefits in using such pipes include light weight, corrosion resistance, low installation cost, sophistication and hydraulic smoothness. Disadvantages pertaining to use of fiberglass pipes include vulnerability to mechanical damage, low modulus of electricity, and lack of standard jointing system.
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Market Synopsis of Fiberglass Pipe Market:
A method of manufacturing a pipe
is called as filament winding. Glass-fiber saturated with resin is wound around
a mandrel under controlled environments. Thus, inside diameter of the pipe is
fixed by mandrel diameter and thickness of the wall is governed by pressure and
stiffness class as specified. Another method of manufacturing is centrifugal
casting. The fiberglass and resin reinforcement are applied to the mold and is
rotated and heated.
Outer diameter of the pipe is
determined by the mold and inside diameter diverges dependent on the wall
thickness. Therefore, various methods are used by several manufacturers to join
pipe sections and fittings. Overall, considering the advantages and production
techniques coupled with driving factors the global fiberglass market is
anticipated to grow at a higher CAGR during the forecast period.
The key driving factors responsible
for the growth of fiberglass pipes market includes rise in demand for
fiberglass pipes in sewage owing to light weight, dimensional stability,
resistance to corrosion, sophistication in installation and water management
applications and better mechanical properties resulting into an enhanced
product life with lower maintenance costs. However, high costs pertaining to
material acts as a major restraint to market growth.
On the basis of type, the global
fiberglass pipes market is segmented into GRP and GRE. On the basis of fiber,
the global fiberglass pipes market is segmented into E-Glass and T-Glass. On
the basis of application, the global fiberglass pipes market is segmented into
oil & gas, chemicals, irrigation and sewage. Chemical segment dominates the
global market in the fiberglass pipes market during the forecast period.
On the basis of geographic
segmentation, the global fiberglass pipes market spans North America, Latin
America, Europe, Asia-Pacific, Middle-East and Africa. APAC regions dominate
the global fiberglass pipes market due to the presence of large chemical
industry and government and heavy spending by government on waste and water
management. Indian, Chinese and Indonesian market are anticipated to grow at a
higher CAGR during the forecast period. North America is estimated to grow at a
higher CAGR during the forecast period, followed by Europe and Middle-East
regions. The key players in the global fiberglass pipes market include Arkema,
Mitsubishi Plastics Inc, Formosa Plastics Corporation, SGL Group, Huntsman
Corporation, PPG industries, and Taishan Fiberglass Inc.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Fiberglass Pipe: Market
Variables, Trends & Scope
Chapter 4 Fiberglass Pipe:
Product Estimates & Trend Analysis
Chapter 5 Fiberglass Pipe:
Application Estimates & Trend Analysis
Chapter 6 Fiberglass Pipe:
End-use Estimates & Trend Analysis
Chapter 7 Fiberglass Pipe:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Fiberglass Pipe:
Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Fiberglass Pipe:
Manufacturers Company Profiles
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