Market Overview:
The global fiberglass piping system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fiberglass piping systems from various end-use industries, such as municipal, petroleum, industrial, marine and mining. Fiberglass pipes are corrosion-resistant and have a longer life than traditional metal pipes, which is driving their adoption in these industries. In addition, the growing demand for lightweight and durable piping systems is also contributing to the growth of this market. Based on type, GRE pipes accounted for the largest share of the global fiberglass piping system market in 2017. This can be attributed to their high strength-to-weight ratio and resistance to corrosion and abrasion.
Product Definition:
A fiberglass piping system is a piping system made of fiberglass. It is used to transport fluids, such as water, oil, and gas. The importance of fiberglass piping systems is that they are lightweight and corrosion-resistant. This makes them ideal for use in harsh environments, such as offshore drilling rigs.
GRE Pipes:
The global GRE pipes, also known as fiberglass piping systems, are made of high-quality optical fiber that is durable and flexible. It has the ability to transmit data through light or electromagnetic radiation. The material used in manufacturing these products includes glass fibers (from which the product gets its name) and resin; both materials are flexible enough to be bent, rolled or formed into any shape without breaking.
GRP Pipes:
GRP pipes are glass reinforced plastic piping systems that are used in various industries including construction, oil & gas, and chemical. They offer several advantages over traditional piping systems such as flexibility, corrosion resistance and high strength. The market for GRP pipes is expected to witness growth on account of increasing demand from the above mentioned end-use industries coupled with rising awareness regarding their benefits.
Application Insights:
The industrial application segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing demand for fiberglass piping systems in oil & gas, chemical, petrochemical and pharmaceutical industries. Moreover, favorable government policies regarding infrastructure development are expected to augment industry expansion over the coming years.
Favorable government regulations regarding recycling have resulted in a rise in demand from mining operations across the globe. Fiberglass pipes are used extensively during gold, silver and copper recovery processes as they undergo minimal wear & tear during these extraction procedures compared with other materials such as steel or polyethylene glycol (PEG).
Petroleum emerged as another prominent segment owing to growing offshore activities coupled with onshore shale gas production across North America.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness moderate growth over the forecast period owing to stringent regulations regarding waste management and disposal methods. In addition, growing environmental concerns are also driving industry participants toward using eco-friendly materials for manufacturing pipes and fittings.
Asia Pacific is anticipated to register a significant CAGR from 2018 to 2030 owing to increasing demand for infrastructure development from emerging economies such as China and India coupled with government initiatives aimed at promoting industrialization in these countries. Moreover, robust economic growth along with rising population has resulted in an increased demand for energy resources that will further drive product consumption across this region over the next eight years.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand from the oil and gas industry for fiberglass piping systems as they are corrosion-resistant and can withstand high temperatures.
- Growing popularity of fiberglass piping systems in municipal water and wastewater applications due to their superior strength, durability, and resistance to chemicals.
- Rising demand for fiberglass piping systems in the construction industry for plumbing, heating, ventilation, and air conditioning (HVAC) applications.
- increasing use of fiberglass piping systems in chemical processing plants due to their ability to resist a wide range of chemicals without corroding or rusting over time
Scope Of The Report
Report Attributes
Report Details
Report Title
Fiberglass Piping System Market Research Report
By Type
GRE Pipes, GRP Pipes, Others
By Application
Municipal, Petroleum, Industrial, Marine, Mining
By Companies
Future Pipe Industries (FPI), NOV Fiber Glass Systems, Hobas Pipe, Reliance Industries, Apex Western Fiberglass, andronaco Industries, Sarplast, Fibrex, FCX Performance, PPG Industries, Future Pipe Industries (FPI)
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Fiberglass Piping System Market Report Segments:
The global Fiberglass Piping System market is segmented on the basis of:
Types
GRE Pipes, GRP Pipes, Others
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
Municipal, Petroleum, Industrial, Marine, Mining
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:
- Future Pipe Industries (FPI)
- NOV Fiber Glass Systems
- Hobas Pipe
- Reliance Industries
- Apex Western Fiberglass
- andronaco Industries
- Sarplast
- Fibrex
- FCX Performance
- PPG Industries
- Future Pipe Industries (FPI)
Highlights of The Fiberglass Piping System 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:
- GRE Pipes
- GRP Pipes
- Others
- By Application:
- Municipal
- Petroleum
- Industrial
- Marine
- Mining
- 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 Fiberglass Piping System 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?
Fiberglass piping system is a type of piping that uses fiberglass insulation to reduce the amount of heat lost through the system. This type of piping is often used in cold climates because it can keep buildings cooler in summer and warmer in winter.
Some of the major players in the fiberglass piping system market are Future Pipe Industries (FPI), NOV Fiber Glass Systems, Hobas Pipe, Reliance Industries, Apex Western Fiberglass, andronaco Industries, Sarplast, Fibrex, FCX Performance, PPG Industries, Future Pipe Industries (FPI).
The fiberglass piping system 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 Fiberglass Piping System 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 Fiberglass Piping System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fiberglass Piping System 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 Fiberglass Piping System 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 Fiberglass Piping System Market Size & Forecast, 2018-2028
4.5.1 Fiberglass Piping System Market Size and Y-o-Y Growth
4.5.2 Fiberglass Piping System Market Absolute $ Opportunity
Chapter 5 Global Fiberglass Piping System 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 Fiberglass Piping System Market Size Forecast by Type
5.2.1 GRE Pipes
5.2.2 GRP Pipes
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fiberglass Piping System 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 Fiberglass Piping System Market Size Forecast by Applications
6.2.1 Municipal
6.2.2 Petroleum
6.2.3 Industrial
6.2.4 Marine
6.2.5 Mining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fiberglass Piping System 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 Fiberglass Piping System 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 Fiberglass Piping System Analysis and Forecast
9.1 Introduction
9.2 North America Fiberglass Piping System 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 Fiberglass Piping System Market Size Forecast by Type
9.6.1 GRE Pipes
9.6.2 GRP Pipes
9.6.3 Others
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 Fiberglass Piping System Market Size Forecast by Applications
9.10.1 Municipal
9.10.2 Petroleum
9.10.3 Industrial
9.10.4 Marine
9.10.5 Mining
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 Fiberglass Piping System Analysis and Forecast
10.1 Introduction
10.2 Europe Fiberglass Piping System 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 Fiberglass Piping System Market Size Forecast by Type
10.6.1 GRE Pipes
10.6.2 GRP Pipes
10.6.3 Others
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 Fiberglass Piping System Market Size Forecast by Applications
10.10.1 Municipal
10.10.2 Petroleum
10.10.3 Industrial
10.10.4 Marine
10.10.5 Mining
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 Fiberglass Piping System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fiberglass Piping System 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 Fiberglass Piping System Market Size Forecast by Type
11.6.1 GRE Pipes
11.6.2 GRP Pipes
11.6.3 Others
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 Fiberglass Piping System Market Size Forecast by Applications
11.10.1 Municipal
11.10.2 Petroleum
11.10.3 Industrial
11.10.4 Marine
11.10.5 Mining
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 Fiberglass Piping System Analysis and Forecast
12.1 Introduction
12.2 Latin America Fiberglass Piping System 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 Fiberglass Piping System Market Size Forecast by Type
12.6.1 GRE Pipes
12.6.2 GRP Pipes
12.6.3 Others
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 Fiberglass Piping System Market Size Forecast by Applications
12.10.1 Municipal
12.10.2 Petroleum
12.10.3 Industrial
12.10.4 Marine
12.10.5 Mining
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) Fiberglass Piping System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fiberglass Piping System 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) Fiberglass Piping System Market Size Forecast by Type
13.6.1 GRE Pipes
13.6.2 GRP Pipes
13.6.3 Others
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) Fiberglass Piping System Market Size Forecast by Applications
13.10.1 Municipal
13.10.2 Petroleum
13.10.3 Industrial
13.10.4 Marine
13.10.5 Mining
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 Fiberglass Piping System Market: Competitive Dashboard
14.2 Global Fiberglass Piping System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Future Pipe Industries (FPI)
14.3.2 NOV Fiber Glass Systems
14.3.3 Hobas Pipe
14.3.4 Reliance Industries
14.3.5 Apex Western Fiberglass
14.3.6 andronaco Industries
14.3.7 Sarplast
14.3.8 Fibrex
14.3.9 FCX Performance
14.3.10 PPG Industries
14.3.11 Future Pipe Industries (FPI)
