iCrowdNewswire Jan 13, 2021 4:00 AM ET
WiseGuyReports.Com Publish a New Market Research Report On –“ Fiber Reinforced Plastic Pipe 2021 Global Market Net Worth US$ 3.52 Bn Forecast By 2026”.
Global fiber reinforced plastic pipe market was valued US$ 2.1 Bn in 2017 and is expected to reach US$ 3.52 Bn by 2026, at a CAGR of 6.67 % during a forecast period.
FRP is a complex material which is made of the polymer matrix and is reinforced with different fibers like glass, carbon, and basalt. These fibers are used in various industries such as aerospace, construction, and automotive.
Growing demand for strong, lightweight pipes, the cost-effectiveness of the technology, and demand from oil & gas industry are boosting the growth of the fiber reinforced plastic pipe market. Increased innovation in the fiber reinforced plastic pipes, GRP & GRE pipe market showing growth trends, and growth in oil exploration activities are key opportunities of the market. Raw material prices are unstable, and the lack of product awareness is limiting the growth of the market.
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Major Key Company Profiles Included in Fiber Reinforced Plastic Pipe Market are:
Enduro Composites, Inc.
Ershigs, Inc. (Denali incorporated)
Fibrex FRP piping systems
National Oilwell Varco, Inc.
Saudi Arabian Amiantit Company
Sekisui Chemical Co., ltd.
Saudi Arabian Amiantit Company
Chemical Process Piping Pvt. Ltd.
China National Building Material Company Limited
Future Pipes Industries L.L.C.
Hengrun Group Co. Ltd.
National Oilwell Varco Inc.
The systematic research covering the Fiber Reinforced Plastic Pipe market offers insights into market value and volume at the global, national, and company levels. The market report is structured to present the overall size of the market along with potential growth prospects. As a part of the market overview, the introductory section offers a complete market and product description along with the main applications. The research-based key data and figures cover the 2019 to 2026 timeframe and provide insights into industry dynamics.
Fiber Reinforced Plastic Pipe Market Drivers and Risks
As part of the market research, market factors influencing the demand, supply, and price rates were analyzed. The industry research Fiber Reinforced Plastic Pipe has examined the impact that market dynamics have on consumer behavior. When part of the overall market research study, the key market factors and threats that could positively and negatively impact the Fiber Reinforced Plastic Pipe market are analyzed. Those included in this report are the variables that are critical in assessing business opportunities such as the key industry developments.
Fiber Reinforced Plastic Pipe Market Regional Description
For the regional research conducted by this study, the major geographic segments regarding the Fiber Reinforced Plastic Pipe market were considered. The market report covers all major regions in terms of production, consumption, and market shares pertaining to the global Fiber Reinforced Plastic Pipe industry. Along with the market forecast for the same, the main regions contributing to the overall market performance were analysed. These segments cover all the major countries in Fiber Reinforced Plastic Pipe to help better understand the market structure.
Fiber Reinforced Plastic Pipe Market Research Methodology
The research team working on the market analysis report used the data collected for the study and taken from the period 2019-2026. The research on the Fiber Reinforced Plastic Pipe market was based on Porter’s Five Forces model as to the main parameters. The challenges posed by new market entrants and goods, as well as by the negotiating power of the different business segments have been studied. The market study aims primarily to present the market size, value, and volume forecasts up to the year 2026.
Fiber Reinforced Plastic Pipe Market Key Players Analysis
The report also protects the company portfolios while analyzing the main companies in the Fiber Reinforced Plastic Pipe industry. The key players and their key products and product requirements have been strategically profiled. There was an analysis of the market size and market shares held by each of the major companies. Along with the SWOT review, the industry-specific challenges and risks that could pose threats to these key players’ businesses and operational activities are also provided.
Table of Contents – Major Key Points
- Assumptions and Research Methodology
- Executive Summary
- Market Overview
- Global Fiber Reinforced Plastic Pipe Market Analysis and Forecast
- Global Fiber Reinforced Plastic Pipe Market Analysis and Forecast, By Product Type
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