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Fiberglass Pipe Market Research Report Industry Size, Share, Business Strategies Growth Forecast and Industry Statistics Until 2027
Fiberglass pipes are obtained from the composition of various materials such as glass fiber, polyester resin, and fillers. Fiberglass pipes provide strength, long durability, and excellent tensile strength. This property is required for the onshore and offshore applications against the extreme pressure and conditions. Fiberglass pipes are suitable to carry high corrosion materials, acids, and biological liquids. The fiberglass pipes deliver low installation costs, corrosion resistance, and lightweight benefits are likely to exhibit significant growth in the coming years. Fiberglass is manufactured from different types and forms of raw materials such as A-glass, C-glass, E-glass, AE-glass and S-glass. Fiberglass pipes offer low modulus of electricity and excellent mechanical strength benefits. The major characteristics of material are required to provide a high strength-to-weight ratio to withstand high pressures conditions.๐๐๐ฉ ๐๐ฟ๐ ๐ฝ๐ง๐ค๐๐๐ช๐ง๐ ๐๐ค๐ง ๐๐ค๐ง๐ ๐๐ฃ๐จ๐๐๐๐ฉ๐จ โ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=68747
Rise in Demand for Lightweight Components Drives the Fiberglass Pipe Market
* Rising demand for lightweight, corrosion resistance, and durable pipe lines in the several countries owing to the associated high project cost for pipeline installation for heavy pipes and material. This factor is expected to fuel fiberglass pipe market in the coming years.
* Rapid industrialization across countries is fuelling the demand for cost-effective and durable pipelines owing to the rising cost of metals pipes & tubes. This is anticipated to boost the fiberglass pipe market during the forecast period.
* Majority of the EPC (Engineering, Procurement, and construction) companies are putting efforts to reduce the overall cost of the project. As lightweight components help to reduce the overall cost of transportation and installation compared to heavy items. Light weight pipes are highly preferred at the project site. Owing to this factor, demand for fiberglass pipe is expected to propel during the forecast period.
* Increase in population has augmented the demand for fuel, oil, gas to meet daily needs. This has turn rise in the construction and implementation of pipelines to carry these materials. This is a major factor which is expected to drive the demand for fiberglass pipe in the next few years.
๐ฝ๐ง๐ค๐ฌ๐จ๐ ๐๐ช๐ก๐ก ๐๐๐ฅ๐ค๐ง๐ฉ - https://www.transparencymarketresearch.com/fiberglass-pipe-market.html
Filament Winding Technology is the Future of Fiberglass Pipe Market
* Fiberglass pipe can be manufactured using centrifugal casting process, filament winding process, pultrusion process and others. In which, filament winding is easy and best suited automation process for pipe, vessel and tube manufacturing.
* Filament winding is prominently adopted in large scale manufacturing process of fiberglass pipes and tubes products owing to the highly efficient and low cost benefits. The key advantages for the filament winding is highly preferred over the other process is likely to fuel the fiberglass pipe market during the forecast period.
Oil & Gas Segment to Offer High Revenue Opportunities
* Pipelines are mostly required in many end-user industries such as oil & gas, water distribution & treatment, chemical, petrochemical etc. Demand for fiberglass pipe is expected to be major in Oil & Gas industry during the forecast period.
* Revival in oil exploration at global level followed by increase in demand for crude oil, LPG and Natural Gas is expected to drive the demand for fiberglass pipe in the coming years.
๐๐๐ฆ๐ช๐๐จ๐ฉ ๐พ๐ช๐จ๐ฉ๐ค๐ข๐๐ฏ๐๐ฉ๐๐ค๐ฃ ๐๐๐ฅ๐ค๐ง๐ฉ - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=68747
Key Players Operating in the Fiberglass Pipe Market:
Fibrex Corporation
PPG Industries
FLOWTITE Technology AS
Future Pipe Industries
Amiantit Company
National Oilwell Varco
Enduro Composites
Amiblu Holding GmbH
Others
Global Fiberglass Pipe Market: Research Scope
Global Fiberglass Pipe Market, by Process
Centrifugal Casting
Filament Winding
Pultrusion
Others (Hand lay-up, Rotary Casting)
Global Fiberglass Pipe Market, by Material
Polyester
Polyurethane
Epoxy
Others (Vinyl Ester, Phenolic Resin)
Global Fiberglass Pipe Market, by End-use Industry
Oil & Gas
Water Treatment
Chemical
Wastewater
Others (Power Generation, Agriculture)
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