Global Fibre-Reinforced Plastic (FRP) Pipe Market Is Expected to Grow at a CAGR of 3.9% and Will Reach USD 4.12 Billion in 2024, from USD 3.27 Billion in 2019
New Global FRP Pipe Market 2024 Report Covers market forecast and top Companies like Amiantit, Future Pipe Industries, HengRun Group, China National Building Material Company, National Oilwell Varco and others.
Lewes, DE -- (SBWire) -- 05/09/2019 --Global Fibre-reinforced plastic (FRP) Pipe market is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 4.12 Billion USD in 2024, from 3.27 Billion USD in 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.
Scope of the Report:
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 worldwide market for FRP Pipe is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 4120 million US$ in 2024, from 3270 million US$ in 2019, according to a new study.
This report focuses on the FRP Pipe in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
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
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Polyster FRP Pipe
Polyurethane FRP Pipe
Epoxy FRP Pipe
Others
Market Segment by Applications, can be divided into
Oil and gas
Chemical
Drainage
Other
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe FRP Pipe product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of FRP Pipe, with price, sales, revenue and global market share of FRP Pipe in 2017 and 2018.
Chapter 3, the FRP Pipe competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the FRP Pipe breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, FRP Pipe market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe FRP Pipe sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Spanning over 137 pages "Forecast of Global FRP Pipe Market 2024" report covers Market Overview, Manufacturers Profiles, Global FRP Pipe Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global FRP Pipe Market Analysis by Regions, North America FRP Pipe by Country, Europe FRP Pipe by Country, Asia-Pacific FRP Pipe by Country, South America FRP Pipe by Country, Middle East and Africa FRP Pipe by Countries, Global FRP Pipe Market Segment by Type, Global FRP Pipe Market Segment by Application, FRP Pipe Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.
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