Global FRP Pipe Market Key Manufacturers, Industry demands, Share, Size, Growth and Forecasts to 2024

Global FRP Pipe Market Growth 2019-2024 Research Report provides over the next five years Growth will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 4120 million by 2024, from US$ 3270 million in 2019.

Pune, India - April 3, 2019 /MarketersMedia/ —

Fibre-reinforced plastic (FRP) (also fibre-reinforced polymer) is a composite material made of a polymer matrix reinforced with fibres. The fibres are usually glass, carbon, aramid, or basalt. Rarely, other fibres such as paper or wood or asbestos have been used. The polymer is usually an epoxy, vinylester or polyester thermosetting plastic; and phenol formaldehyde resins are still in use.

Figerglass Reinforced Pipes play an important role in industrial sector and there is an increasing for this product. FRP pipe is a non-metal product made through the continuous winding of fiberglass filament that is saturated in a proprietary formula of epoxy resin and curing agents and utilizing specialized winding and heat curing techniques. Epoxy resins have a particular molecular chain structure that provides a superior chemical bonding and curing system. Utilizing fiberglass as an integrated element these molecular features work together to form a 3-dimensional network of greater structural integrity in material strength, smoothness, corrosive resistance, porosity and capillary resistance, thermal and anti-conductivity features.

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It has many applications including Piping systems, tankers as well as vessels in many fields syetems, FRP piping systems are available in a variety of standard diameters ranging from 25 to 1200 mm. Plasticon Composites offers FRP pipe and fittings to meet all national and international standards, depending on the area and application. Combining the strength of FRP and the chemical compatibility of plastics provides customers with a superior alternative to costly metal alloys and rubber-lined steel. In addition, some companies, such as Plasticon Composites, manufacture and installs thermoplastic lined FRP (dual laminate) pipes for aggressive products such as chlorine gas, hydrochloric acid, sodium hypochlorite and caustic soda. Plasticon Composites have combined various thermoplastic and fluoropolymer liners (PVC, C-PVC, PP, PE, PVDF, E-CTFE, FEP, PFA, MFA) with glass fibre reinforced polyester resins in order to provide customers with dual laminate piping systems for extremely hot and corrosive environments.

In the future, because of the development of new materials and techniques, the FRP piepes will become lighter and have more strong chemical resistance as well as more flexibility. Therefore Future FRP pipes can work in harsher environment for a relatively long time. This can make these pipes more functional and expand their markets.

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According to this study, over the next five years the FRP Pipe market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 4120 million by 2024, from US$ 3270 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in FRP Pipe business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of FRP Pipe market by product type, application, key manufacturers and key regions and countries.

This study considers the FRP Pipe value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Polyster FRP Pipe
- Polyurethane FRP Pipe
- Epoxy FRP Pipe
- Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Oil and gas
- Chemical
- Drainage
- Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas (United States, Canada, Mexico, Brazil)
- APAC (China, Japan, Korea, Southeast Asia, India, Australia)
- Europe (Germany, France, UK, Italy, Russia, Spain)
- Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Amiantit
- Future Pipe Industries
- HengRun Group
- China National Building Material Company
- National Oilwell Varco
- Ershings
- Sarplast
- HOBAS
- ZCL Composites Inc.
- Fibrex
- Enduro
- Flowtite
- Beetle Plastics
- ECC Corrosion
- Augusta Fiberglass
- Hanwei Energy Services Corp.
- FRP SYSTEMS
- Composites USA
- Plasticon Composites
- Industrial Plastic Systems
- AL-FLA Plastics

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
- To study and analyze the global FRP Pipe consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of FRP Pipe Market by identifying its various subsegments.
- Focuses on the key global FRP Pipe manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the FRP Pipe with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of FRP Pipe submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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