DUBLIN--(BUSINESS WIRE)--The "Fiberglass Pipes Market - Global Forecast to 2021" report has been added to Research and Markets' offering.
The global fiberglass pipes market is projected to reach USD 4.11 Billion by 2021, at a CAGR of 5.22% from 2016 to 2021.
The major drivers stimulating the fiberglass pipes market are the increasing production & exploration of oil & gas and increasing demand for fiberglass pipes in sewage and water management applications. The major restraining factors for this market includes the high raw material cost involved in the production of fiberglass pipes.
The chemicals application constituted a major part of the fiberglass pipes market in 2015. The superior properties exhibited by these pipes is driving the fiberglass pipes market in the agriculture application segment, as these advanced bearings offer complete solutions including being light in weight, protection to the inner layer of pipes, and resistance against corrosion in comparison to conventional materials such as concrete and metallic pipes.
The RoW region, which includes countries such as the UAE, Saudi Arabia, and Brazil, is expected to be the fastest-growing market for fiberglass pipes from 2016 to 2021. The main factors that are expected to contribute to this growth are the increasing demand for fiberglass pipes from the oil & gas and chemicals applications. Being lightweight, providing resistance to corrosion and fatigue and protection to the inner layer of pipes, and increasing the flow characteristics are some of the properties driving the demand for fiberglass pipes in the region.
Companies Mentioned
- Abu Dhabi Pipe Factory
- Balaji Fiber Reinforced Pvt. Ltd.
- Chemical Process Piping Pvt. Ltd.
- Enduro Composites, Inc.
- Future Pipe Industries
- Graphite India Limited
- Hengrun Group Co., Ltd.
- Hobas
- Lianyungang Zhongfu Lianzhong Composites Group Co., Ltd.
- National Oilwell Varco
- Saudi Arabian Amiantit Co.
- ZCL Composites Inc.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview And Key Trends
7 GFRP Pipes Market, By Type
8 GFRP Pipes Market, By Fiber Type
9 GFRP Pipes Market, By Application
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
13 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/fgfx7n/fiberglass_pipe
