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Glass Reinforced Plastic (GRP) Piping Market Share

  • Report ID: GMI2696
  • Published Date: Mar 2021
  • Report Format: PDF

Glass Reinforced Plastic Piping Market Share

The competitive landscape of the glass reinforced plastic piping industry is fragmented with the leading product manufacturers constituting over 1/3rd of the entire market share. Market players are engaged in collaborating with research institutes to innovate biobased GRPs that can be originated from renewable resources and polymer matrix.

Industry players are striving to enhance their global footprints using strategic initiatives such as joint ventures, merger & acquisition, and technological advancements leading to an intense industry rivalry. For example, Amiblu, a 50:50 joint venture of HOBAS and Amiantit, has significantly invested in hydropower schemes to sustainably solve water challenges in remote areas of Uganda, Norway, Sri Lanka, Chile, Scotland, Alpine, and Iceland and to expand its geographical reach.

Other notable players operating in the glass reinforced plastic piping market include

  • Saudi Arabian Amiantit Company
  • Veplas d.d.
  • Future Pipe Industries
  • Enduro Composites
  • Harwal Group
  • Hanwei Energy Services Corp.
  • Composite Pipes Industry
  • Dubai Pipes Factory
  • Graphite India Limited
  • Plasticon Composites
  • Fibrex
  • Sarplast
  • Smithline Reinforced Composites
  • Industrial Plastic Systems
  • China National Building Material Company
  • Global Pipe
  • Technobell
  • Superlit Pipe Industries
Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market revenue for glass reinforced plastic piping was recorded at USD 5.46 billion in 2020 and will expand at 4.5% CAGR through 2027.

The overall market revenue from epoxy resins exceeded USD 3.60 billion in 2020 and will expand at a 4.3% rate owing to its beneficial properties including resistance to abrasion & corrosion, low friction and high insulation among others

Wastewater treatment applications will account for more than 21% of market share in terms of consumption by 2027 owing to the rising demand for processed water.

With increasing infrastructural development, Europe glass reinforced plastic piping market revenue will reach USD 1.70 billion by 2027.

Glass Reinforced Plastic (GRP) Piping Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 19
  • Tables & Figures: 401
  • Countries covered: 23
  • Pages: 320
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