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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