Below are some of the key findings from this fiberglass pipes market analysis report:
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Global fiberglass pipes industry overview
The advantages of fiberglass pipes over other materials is a key factor that is driving the market. Fiberglass pipes show superior characteristics such as resistance to corrosion, weather, and encrustation. The advantages of fiberglass pipes compared to other materials are that these pipes hold smooth bore which leads to lower resistance and erosion. Moreover, fiberglass pipes do not have welds or joints, owing to which the risk of cracks and punctures is decreased. These advantages of fiberglass pipes will increase their adoption among end-users.
The continuous advances in production technology are positively impacting the global fiberglass pipes market. Technological advancements result in the production of dual helical four-axis fiberglass pipes, which are of better quality and can be manufactured in lesser time. Thus, the advantages of fiberglass pipes over other materials coupled with the continuous advances in production technology will drive the fiberglass pipes market growth at a CAGR of more than 5% during the forecast period.
Top fiberglass pipes companies covered in this report
The global fiberglass pipes market is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this fiberglass pipes industry analysis report will help clients identify and design new growth strategies.
The report offers a detailed analysis of several leading fiberglass pipes companies including:
- Amiblu Holding
- ADPF
- Balaji Fiber Reinforce
- CPP
- Enduro
- Future Pipe Industries
Fiberglass pipes market segmentation based on end-user
- Oil and gas
- Chemical
- Irrigation and sewage
- Others
The largest end-user segment of the global fiberglass pipes market in 2017 was oil and gas. The market share of this segment will increase further, and it will continue to dominate the market throughout the next five years due to the development of new LNG plants.
Fiberglass pipes market segmentation based on region
APAC accounted for the largest fiberglass pipes market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years, due to the growth of the oil and gas and chemical processing industries in the region.
Key highlights of the global fiberglass pipes market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the fiberglass pipes market during the next five years
- Precise estimation of the global fiberglass pipes market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the fiberglass pipes industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of fiberglass pipes companies
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