Press release
GRP Pipe Market | Corrosion-Resistant Solutions for Industrial & Municipal Use | Most Companies - Esen Plastik, Future Pipe Industries, HOBAS, Graphite India Limited, Sarplast, Graphite Cova, Flowtite Technology AG
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.The GRP Pipe Market receives exhaustive analysis from DataM Intelligence, delivering stakeholders essential market data, emerging industry patterns, and strategic business intelligence. This in-depth research explores the competitive landscape in detail, evaluating market leaders across multiple dimensions including their innovative product offerings, competitive pricing strategies, financial performance metrics, strategic growth plans, and regional market penetration efforts.
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GRP (Glass Reinforced Plastic) pipes are strong, lightweight, and corrosion-resistant piping systems made by reinforcing thermosetting resins with glass fibers. Widely used in industries such as water supply, wastewater treatment, chemical processing, and marine applications, GRP pipes offer high strength-to-weight ratios, long service life, and minimal maintenance requirements. Their resistance to chemicals and environmental factors makes them an ideal choice for both aboveground and underground installations in harsh conditions.
Market Players in the GRP Pipe market
The prominent players in GRP Pipe market research report are: Esen Plastik, Future Pipe Industries, HOBAS, Graphite India Limited, Sarplast, Graphite Cova, Flowtite Technology AG, Amiblu Holding Gmbh, Enduro Composites and Fibrex Corporation.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
GRP Pipe Market Key Development
➤ In May 2023, Future Pipe Industries partnered with Empire Infrastructure to develop sustainable and efficient pipeline systems across Australia.
➤ In May 2022, Hobas Pipe USA, Inc. initiated a US$ 60 million, five-year investment to expand its Houston manufacturing site.
➤ In 2021, Hobas Pipe USA contributed to San Antonio's critical SAWS infrastructure project, replacing aging pipelines with durable solutions designed to last a century.
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GRP Pipe Market Segments
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
The GRP Pipe industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Research Methodology
Our analytical framework employs cutting-edge statistical modeling and data mining techniques to identify emerging patterns, forecast market trajectories, and decode complex industry dynamics. We enhance our findings through sophisticated market segmentation analysis and Porter's Five Forces evaluation, providing a 360-degree view of the competitive landscape. This multi-layered methodology ensures our delivered insights are not only data-driven and credible but also strategically relevant and immediately actionable for critical business decisions.
Regions Covered:
The global GRP Pipe Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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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.
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