GRP Pipe Market: Consistent Growth Expected from 2024 to 2031 - Esen Plastik, Future Pipe Industries & HOBAS.

Global GRP Pipe Market reached US$ 1.9 billion in 2023 and is expected to reach US$ 2.5 billion by 2031, growing with a CAGR of 3.8% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "GRP Pipe Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Get a Free Sample Research PDF - https://datamintelligence.com/download-sample/grp-pipe-market

Glass Reinforced Plastic (GRP) pipes, also known as Glass Reinforced Plastic (GRP) pipes, are composite materials made from a polymer matrix reinforced with glass fibers. This combination provides a lightweight yet strong alternative to traditional materials like metal or concrete. GRP pipes are known for their corrosion resistance, high strength-to-weight ratio, and longevity, making them ideal for various applications, including water and wastewater management, chemical processing, and industrial piping systems. They are particularly useful in environments where traditional materials may degrade or fail due to harsh conditions.

Key Developments:

➤Collaboration for Sustainable Infrastructure: In May 2023, Future Pipe Industries partnered with Empire Infrastructure to develop sustainable and efficient pipeline infrastructure across Australia. This collaboration aims to enhance the reliability and durability of pipeline systems while minimizing environmental impact.

➤Expansion of Manufacturing Capabilities: In May 2022, Hobas Pipe USA, Inc. announced a significant investment of US$ 60 million in a five-year capital expenditure program. This initiative is focused on expanding their manufacturing facility in Houston, allowing for increased production capacity and the introduction of advanced manufacturing technologies.

➤Supporting Major Infrastructure Projects: In 2021, Hobas Pipe USA played a crucial role in supporting an essential infrastructure project in San Antonio. The project, led by the San Antonio Water System (SAWS), involved replacing a five-mile pipeline with a new GRP product designed to last 100 years. This initiative highlights the durability and long-term performance of GRP pipes in critical water infrastructure.

Research Process:

Both primary and secondary data sources have been used in the global GRP Pipe Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the GRP Pipe Market:

Esen Plastik, Future Pipe Industries, HOBAS, Graphite India Limited, Sarplast, Graphite Cova, Flowtite Technology AG, Amiblu Holding Gmbh, Enduro Composites and Fibrex Corporation.

Segment Covered in the GRP Pipe Market:

By Type: E-glass (Alumino-Borosilicate Glass), E-CR-Glass (Electrical/Chemical Resistance), Others.

By Diameter: Upto 200 mm, 200 to 1000 mm, 1000 to 2000 mm, 2000 to 3000 mm, More than 3000 mm.

By Pressure: PN1, PN3, PN6, PN10, PN12, PN16, Others.

By Stiffness: SN 2500, SN 5000, SN 10000, Others.

By Application: Chemical, Oil and Gas, Sewage, Irrigation and Drinking Water Transmission, Energy and Power, Others.

Regional Analysis:

The global GRP Pipe Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/grp-pipe-market

Regional Analysis:

The global GRP Pipe Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The GRP Pipe Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of GRP Pipe manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of GRP Pipe in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/grp-pipe-market

Frequently Asked Questions

Q1) How Big is the GRP Pipe Market?

A) Global GRP Pipe Market reached US$ 1.9 billion in 2023 and is expected to reach US$ 2.5 billion by 2031, growing with a CAGR of 3.8% during the forecast period 2024-2031.

Q2) Who are the key players of GRP Pipe Market?

A) Esen Plastik, Future Pipe Industries, HOBAS, Graphite India Limited, Sarplast, Graphite Cova, Flowtite Technology AG, Amiblu Holding Gmbh, Enduro Composites and Fibrex Corporation.

Q3) What are the regions covered in this report?

A) The global GRP Pipe Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa

4) What are the Segments Coverd in this report?

A) The GRP Pipe market is segmented as Type, Diameter, Pressure, Stiffness, Application and Region.

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.