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FRP Pipe Market Growth Analysis For Players - Chemical Process Piping Pvt. Ltd., China National Building Material Company Limited, Ershigs, Inc., Future Iron Pipes, Hengrun Group Co., Ltd., HOBAS, National Oilwell Varco & Sekisui Chemical Co.,Ltd.

12-13-2018 06:46 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

FRP Pipe Market Growth Analysis For Players - Chemical Process

Global fiber reinforced plastic pipe market is expected to reach $3.8 billion by 2023. The growth of the FRP pipe market is mainly driven by the changing preference of consumers from iron pipes to FRP pipes, increase in demand for cost-effective piping solutions, and growing demand for these pipes from the oil and gas industry.

Request sample copy of report here : https://www.psmarketresearch.com/market-analysis/frp-pipe-market/report-sample

FRP is a composite material which is made of polymer matrix and is reinforced with different fibers like glass, carbon, and basalt. These fibers are used in various industries like aerospace, construction, and automotive.

On the basis of type, the market is categorized into polyester, polyurethane, epoxy, and others. Epoxy is the largest category in the FRP pipe market, due to these pipes being very environment friendly as compared to other materials.

Globally, Asia-Pacific has been the largest FRP pipe market till now. This is attributed to the increase in construction, and oil and gas activities in the region. Additionally, increasing focus of government to improve sewage treatment facilities in the region is also driving the market growth. Sewage treatment facilities mainly rely on the use of fiber reinforced plastic pipes over the iron ones, due increased life of the former.

Read summary of report here : https://www.psmarketresearch.com/market-analysis/frp-pipe-market

Some of the major players operating in the FRP pipe industry are Saudi Arabian Amiantit Company, Chemical Process Piping Pvt. Ltd., China National Building Material Company Limited, Ershigs Inc., Future Pipes Industries L.L.C., Hengrun Group Co. Ltd., HOBAS, National Oilwell Varco Inc., and Sekisui Chemical Co. Ltd., Sarplast SA.

Global FRP Pipe Market Segmentation

By Type
• Polyester
• Polyurethane
• Epoxy
• Others
By Process
• Centrifugal Casting
• Filament Winding
• Pultrusion
• Others
By Application
• Water and Wastewater
• Chemical and Industrial
• Oil and Gas
• Power Generation
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o U.K.
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o India
o China
o Japan
o South Korea
o Australia
o Rest of Asia-Pacific
• Latin America, Middle East, and Africa (LAMEA)
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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