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FRP Pipe Market Growing at 4.0% CAGR Will Hit 4480 Million US$ in 2025

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Los Angeles, CA -- (SBWIRE) -- 05/13/2019 -- Fibre-reinforced plastic (FRP) (also fibre-reinforced polymer) is a composite material made of a polymer matrix reinforced with fibres. The fibres are usually glass, carbon, aramid, or basalt. Rarely, other fibres such as paper or wood or asbestos have been used. The polymer is usually an epoxy, vinylester or polyester thermosetting plastic; and phenol formaldehyde resins are still in use.

Figerglass Reinforced Pipes play an important role in industrial sector and there is an increasing for this product. FRP pipe is a non-metal product made through the continuous winding of fiberglass filament that is saturated in a proprietary formula of epoxy resin and curing agents and utilizing specialized winding and heat curing techniques. Epoxy resins have a particular molecular chain structure that provides a superior chemical bonding and curing system. Utilizing fiberglass as an integrated element these molecular features work together to form a 3-dimensional network of greater structural integrity in material strength, smoothness, corrosive resistance, porosity and capillary resistance, thermal and anti-conductivity features.

It has many applications including Piping systems, tankers as well as vessels in many fields syetems, FRP piping systems are available in a variety of standard diameters ranging from 25 to 1200 mm. Plasticon Composites offers FRP pipe and fittings to meet all national and international standards, depending on the area and application. Combining the strength of FRP and the chemical compatibility of plastics provides customers with a superior alternative to costly metal alloys and rubber-lined steel. In addition, some companies, such as Plasticon Composites, manufacture and installs thermoplastic lined FRP (dual laminate) pipes for aggressive products such as chlorine gas, hydrochloric acid, sodium hypochlorite and caustic soda. Plasticon Composites have combined various thermoplastic and fluoropolymer liners (PVC, C-PVC, PP, PE, PVDF, E-CTFE, FEP, PFA, MFA) with glass fibre reinforced polyester resins in order to provide customers with dual laminate piping systems for extremely hot and corrosive environments.

In the future, because of the development of new materials and techniques, the FRP piepes will become lighter and have more strong chemical resistance as well as more flexibility. Therefore Future FRP pipes can work in harsher environment for a relatively long time. This can make these pipes more functional and expand their markets.

The global FRP Pipe market was 3270 million US$ in 2018 and is expected to 4480 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.

This report studies the FRP Pipe market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of FRP Pipe in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Amiantit

Future Pipe Industries

HengRun Group

China National Building Material Company

National Oilwell Varco

Ershings

Sarplast

HOBAS

ZCL Composites Inc.

Fibrex

Enduro

Flowtite

Beetle Plastics

ECC Corrosion

Augusta Fiberglass

Hanwei Energy Services Corp.

FRP SYSTEMS

Composites USA

Plasticon Composites

Industrial Plastic Systems

AL-FLA Plastics

By the product type, the market is primarily split into

Polyster FRP Pipe

Polyurethane FRP Pipe

Epoxy FRP Pipe

Others

By the end users/application, this report covers the following segments

Oil and gas

Chemical

Drainage

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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