Fiberglass Pipes Market Size is Projected to Reach US$ 6.3 Billion by 2028

Industry Overview of Fiberglass Pipes Market
Fiberglass pipes refer to composite material-based tubes manufactured by combining fillers, epoxy, and polyester resins. They exhibit various properties, such as cost-effectiveness, chemical inertness, durability, and corrosion resistance. Fiberglass pipes offer a high modulus of electricity, long product life, excellent tensile property, and efficiency at extreme temperatures. They are extensively used for chemical, sewage, water treatment and distribution, and irrigation purposes. Fiberglass pipes are also suitable for carrying acids, high-corrosion materials, and biological liquids. As a result, these tubes find widespread applications across several sectors, including chemicals, oil and gas, agriculture, irrigation, etc.

How Big Is the Fiberglass Pipes Market?
The global fiberglass pipes market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.

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What Are the Growth Prospects and Trends in The Fiberglass Pipes Industry?
The primary driving force behind the fiberglass pipes market is the increasing demand for extraction, processing, refining, and distribution processes. This demand is due to the superior flow characteristics and exceptional performance of fiberglass pipes under extreme pressures and high-capacity loads. Moreover, the market growth is further enhanced by the introduction of advanced production techniques like four-axis helical winding and dual helical filament binding methods. These techniques reduce production time and improve specifications with higher accuracy. Furthermore, the global market is also being catalyzed by the growing product requirement for metallurgy sewage facilities, wastewater treatment plants, industrial effluents, and similar establishments to enhance sanitary conditions. Another significant factor encouraging to the growth of the market is the rising need for lightweight and durable channels in commercial and residential complexes, driven by increasing construction activities. Additionally, the market is propelled by increasing investments in infrastructural development activities, further fueling the demand for fiberglass pipes in the forecasted period.

What is included in market segmentation?
The report provides detailed segmentation of the global fluorochemicals market based on based on product type, fiber type, production process, material and end user and region.
Breakup by Product Type:
Glass Fiber Reinforced Plastic (GRP) Pipes
Glass Reinforced Epoxy (GRE) Pipes
Others

Breakup by Fiber Type:
E-Glass
T-Glass/S-Glass/R-Glass
Others

Breakup by Production Process:
Centrifugal Casting
Filament Winding
Pultrusion
Others

Breakup by Material:
Polyester
Polyurethane
Epoxy
Others

Breakup by End User:
Oil & Gas
Chemicals
Sewage
Irrigation
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report provides a comprehensive analysis of the industry key players listed below:
Abu Dhabi Pipe Factory LLC, Amiblu Holding GmbH, Chemical Process Piping Pvt Ltd, Enduro Composites Inc., Fibrex Corporation, Future Pipe Industries, Graphite India Limited (The Emerald Company Ltd.), Gruppo Sarplast S.r.l., Hubei Apex Technology Co. Ltd., Nov Inc., Russel Metals Inc and Saudi Arabian Amiantit Company.

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