Market Overview:
The global epoxy FRP pipes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for epoxy FRP pipes from various end-use industries, such as oil and gas, sewage pipe, and irrigation. Additionally, the growing awareness about the benefits of using epoxy FRP pipes is also contributing to the growth of this market. Based on type, the global epoxy FRP pipes market can be segmented into hot rolled steel pipe and cold drawn pipe. The hot rolled steel pipe segment is expected to account for a larger share of this market in 2018 owing to its low cost and high strength properties compared with other types of pipes. Based on application, the global epoxy FRP pipes market can be divided into oil and gas, sewage pipe, irrigation, and others (including chemical processing pipelines).
Product Definition:
Epoxy FRP Pipes are made of fiberglass and epoxy resin. They are used in many industries, such as construction, automotive, and marine.
Hot Rolled Steel Pipe:
Hot rolled steel pipe is a type of structural steel piping that is produced by heating the raw metal sheets in a furnace until they become flexible enough to form into desired shapes. The product finds application in various end-use industries including oil & gas, chemical processing, petrochemical and power generation among others. It has high tensile strength and low elongation to break which makes it suitable for use as pressure pipes in the oil & gas industry.
Cold Drawn Pipe:
Cold drawn pipe is a special type of steel piping that has undergone the cold forming process. The major advantage of this product is that it reduces the overall cost and time required for producing pipes with accurate shapes and sizes. It also offers high mechanical strength, corrosion resistance, weldability, improved thermal properties along with being easier to handle during installation.
The global epoxy FRP pipes market size was valued at USD 2.5 billion in 2015.
Application Insights:
The global epoxy fiber-reinforced plastic pipes market is segmented on the basis of application into oil and gas, food and beverage processing, sewage pipe, irrigation and others. Oil and gas was the largest application segment in 2017. The growth can be attributed to rising demand for crude oil from emerging economies such as China India & Brazil coupled with high production levels in countries like Saudi Arabia Mexico Canada Russia & U.S., which has resulted in a higher requirement for pipelines over the recent past years.
Epoxy fiber-reinforced plastic (EFRP) pipes are used across various applications including municipal wastewater treatment plants, golf courses ponds/canals/dams etc., agricultural irrigation systems civil engineering projects including highways bridges marine environment offshore oil drilling etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in oil & gas, power, and other infrastructure sectors. In addition, rapid urbanization coupled with growing population has led to increased demand for water supply systems which will further drive the product demand over the forecast period.
The European market was valued at USD X million in 2017 owing to high consumption of epoxy-based FRP pipes due to their use across a wide range of applications including oil and gas industry, sewage treatment plant (STP), irrigation system among others. Increasing use of epoxy resin as an adhesive byproduct from polyurethane production is one major factor driving regional growth.
Growth Factors:
- Increasing demand from water and wastewater management sector: The global water and wastewater management market is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is mainly due to the increasing population, rapid industrialization, and urbanization in emerging economies. Epoxy FRP pipes are used extensively in the water and wastewater management sector as they are corrosion-resistant and have a long life span.
- Rising demand for energy efficient piping systems: With the growing focus on energy conservation, there is an increasing demand for energy efficient piping systems such as epoxy FRP pipes. These pipes offer high thermal insulation properties which help reduce heat loss during transmission of fluids or gases through pipelines thereby reducing energy consumption costs.
- Growing infrastructure development projects: The global infrastructure development spending is projected to grow at a CAGR of 5% from 2016 to 2021 owing to the increase in public-private partnerships (PPPs) across various regions worldwide. Epoxy FRP pipes find widespread application in various infrastructure development projects such as transportation, oil & gas, power generation, etc., due to their superior mechanical properties and corrosion resistance characteristics .
Scope Of The Report
Report Attributes
Report Details
Report Title
Epoxy FRP Pipes Market Research Report
By Type
Hot Rolled Steel Pipe, Cold Drawn Pipe
By Application
Oil and Gas, Sewage Pipe, Irrigation
By Companies
ZCL (Canada), Balaji fiber reinforced (India), Future pipe (UAE), NOV pipe (U.S.), Ashland (U.S.), Chemical Process Piping Pvt Ltd (Singapore), lzfrp (China), Amiantit Company (Saudi Arabia), Hobas (U.S.), Graphite India (India)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Epoxy FRP Pipes Market Report Segments:
The global Epoxy FRP Pipes market is segmented on the basis of:
Types
Hot Rolled Steel Pipe, Cold Drawn Pipe
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Gas, Sewage Pipe, Irrigation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ZCL (Canada)
- Balaji fiber reinforced (India)
- Future pipe (UAE)
- NOV pipe (U.S.)
- Ashland (U.S.)
- Chemical Process Piping Pvt Ltd (Singapore)
- lzfrp (China)
- Amiantit Company (Saudi Arabia)
- Hobas (U.S.)
- Graphite India (India)
Highlights of The Epoxy FRP Pipes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hot Rolled Steel Pipe
- Cold Drawn Pipe
- By Application:
- Oil and Gas
- Sewage Pipe
- Irrigation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Epoxy FRP Pipes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Epoxy FRP pipes are made from a type of fiberglass-reinforced plastic that is heated and then injected with epoxy resin. This creates a strong, durable pipe that can resist corrosion and other damage.
Some of the major companies in the epoxy frp pipes market are ZCL (Canada), Balaji fiber reinforced (India), Future pipe (UAE), NOV pipe (U.S.), Ashland (U.S.), Chemical Process Piping Pvt Ltd (Singapore), lzfrp (China), Amiantit Company (Saudi Arabia), Hobas (U.S.), Graphite India (India).
The epoxy frp pipes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Epoxy FRP Pipes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Epoxy FRP Pipes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Epoxy FRP Pipes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Epoxy FRP Pipes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Epoxy FRP Pipes Market Size & Forecast, 2018-2028
4.5.1 Epoxy FRP Pipes Market Size and Y-o-Y Growth
4.5.2 Epoxy FRP Pipes Market Absolute $ Opportunity
Chapter 5 Global Epoxy FRP Pipes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Epoxy FRP Pipes Market Size Forecast by Type
5.2.1 Hot Rolled Steel Pipe
5.2.2 Cold Drawn Pipe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Epoxy FRP Pipes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Epoxy FRP Pipes Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Sewage Pipe
6.2.3 Irrigation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Epoxy FRP Pipes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Epoxy FRP Pipes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Epoxy FRP Pipes Analysis and Forecast
9.1 Introduction
9.2 North America Epoxy FRP Pipes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Epoxy FRP Pipes Market Size Forecast by Type
9.6.1 Hot Rolled Steel Pipe
9.6.2 Cold Drawn Pipe
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Epoxy FRP Pipes Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Sewage Pipe
9.10.3 Irrigation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Epoxy FRP Pipes Analysis and Forecast
10.1 Introduction
10.2 Europe Epoxy FRP Pipes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Epoxy FRP Pipes Market Size Forecast by Type
10.6.1 Hot Rolled Steel Pipe
10.6.2 Cold Drawn Pipe
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Epoxy FRP Pipes Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Sewage Pipe
10.10.3 Irrigation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Epoxy FRP Pipes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Epoxy FRP Pipes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Epoxy FRP Pipes Market Size Forecast by Type
11.6.1 Hot Rolled Steel Pipe
11.6.2 Cold Drawn Pipe
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Epoxy FRP Pipes Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Sewage Pipe
11.10.3 Irrigation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Epoxy FRP Pipes Analysis and Forecast
12.1 Introduction
12.2 Latin America Epoxy FRP Pipes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Epoxy FRP Pipes Market Size Forecast by Type
12.6.1 Hot Rolled Steel Pipe
12.6.2 Cold Drawn Pipe
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Epoxy FRP Pipes Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Sewage Pipe
12.10.3 Irrigation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Epoxy FRP Pipes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Epoxy FRP Pipes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Epoxy FRP Pipes Market Size Forecast by Type
13.6.1 Hot Rolled Steel Pipe
13.6.2 Cold Drawn Pipe
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Epoxy FRP Pipes Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Sewage Pipe
13.10.3 Irrigation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Epoxy FRP Pipes Market: Competitive Dashboard
14.2 Global Epoxy FRP Pipes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ZCL (Canada)
14.3.2 Balaji fiber reinforced (India)
14.3.3 Future pipe (UAE)
14.3.4 NOV pipe (U.S.)
14.3.5 Ashland (U.S.)
14.3.6 Chemical Process Piping Pvt Ltd (Singapore)
14.3.7 lzfrp (China)
14.3.8 Amiantit Company (Saudi Arabia)
14.3.9 Hobas (U.S.)
14.3.10 Graphite India (India)
