Companies In Global Reinforced Thermoplastic Pipes Market Expedite Product Innovations To Stay At Forefront In Market: Fact.MR

The Reinforced Thermoplastic Pipes market revenues were estimated at US$ 2.8 Bn in 2020 and is anticipated to grow at a CAGR of 12.7% from 2021-2031, according to a recently published Fact.MR report. By the end of 2031, the market is expected to reach US$ 3.6 Bn.

Emerging well activities and rising investments in water and wastewater systems are likely to bolster the global sales of the reinforced thermoplastics pipes market in the forthcoming decade. Furthermore, end use industries are looking to leverage lightweight, durable and corrosion resistant piping material, which will significantly broaden expansion prospects in the forthcoming decade.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 - https://www.factmr.com/connectus/sample?flag=S&rep_id=2237

𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗧𝗣 𝗠𝗮𝗿𝗸𝗲𝘁

• 𝗕𝘆 𝗖𝗹𝗮𝘀𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻
HDPE (High-density polyethylene)
PA (Polyamide)
PVDF (Polyvinylidene fluoride)
Other
By Reinforced Material
Aramid
Glass Fiber
Steel

• 𝗕𝘆 𝗣𝗶𝗽𝗲 𝗦𝗶𝘇𝗲
Measuring Up to 4 Inches
Measuring 6 Inches
Measuring Above 6 Inches

• 𝗕𝘆 𝗘𝗻𝗱 𝗨𝘀𝗲
Pipes for Oil & Gas
On Shore Operations
Off Shore Operations
Chemical Industry
Water Industry
Other End Uses

• 𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 - https://www.factmr.com/connectus/sample?flag=RC&rep_id=2237

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆

• HDPE captures dominant share creating around US$ 321 Mn opportunity over the long-term forecast period.
• Glass fiber reinforced thermoplastic pipes demand to expand at approximately 5% CAGR by 2031
• Oil & gas is the fastest-growing segment in the market, owing to the rapid growth of production across Canada and the United States.
• The Middle East and Africa is set to dominate market revenue in 2021, expected to gain 55 BPS by 2031.
• Water distribution end-use is anticipated to lose around 25 BPS over the forecast period of 2021-2031
• The U.K., Canada, and the United States are key countries dominating demand for reinforced thermoplastic pipes.

𝗞𝗲𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗣𝗿𝗼𝗳𝗶𝗹𝗲𝗱

• Baker and Hughes
• Cosmoplast
• H.A.T-Flex
• National Oilwell Varco
• OPR Offshore Pipelines & Risers Inc.
• PES.TEC
• Saudi Arabian Amiantit Co.
• Saudi Aramco
• Shawcor
• Wienerberger AG

𝗙𝗼𝗿 𝗶𝗻-𝗱𝗲𝗽𝘁𝗵 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗕𝘂𝘆 𝗡𝗼𝘄 - https://www.factmr.com/checkout/2237

𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗶𝗻 𝗥𝗲𝗶𝗻𝗳𝗼𝗿𝗰𝗲𝗱 𝗧𝗵𝗲𝗿𝗺𝗼𝗽𝗹𝗮𝘀𝘁𝗶𝗰 𝗣𝗶𝗽𝗲𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝘂𝗿𝘃𝗲𝘆:

• Market Estimates and Forecasts (2016-2032)
• Key Drivers and Restraints Shaping Market Growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Market Share Analysis
• COVID-19 Impact on Reinforced Thermoplastic Pipes and How to Navigate
• Recommendation on Key Winning Strategies

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This release was published on openPR.